Robinhood to Offer Cboe's Index Options, Expanding Retail Access
Cboe Global Markets and Robinhood Markets Inc. have announced that Robinhood will soon offer Cboe's index options on its platform. This marks the first time Robinhood customers will have access to index options, including S&P 500 Index (SPX), Cboe Volatility Index (VIX), Russell 2000 Index (RUT), and Mini SPX (XSP) options. These products aim to provide new ways for retail investors to gain market exposure, hedge against volatility, generate income, and capitalize on market movements.
The collaboration responds to increasing demand for options trading, with U.S. options volumes exceeding 11 billion contracts in 2023, a 126% increase since 2019. Cboe's proprietary product suite has seen average daily volumes reach a record high of 4.2 million contracts in Q3 2024, up 13% from Q3 2023. To support this growth, Cboe's Options Institute has expanded its educational offerings for retail traders.
Cboe Global Markets e Robinhood Markets Inc. hanno annunciato che Robinhood offrirà presto le opzioni di indice di Cboe sulla sua piattaforma. Questo segna la prima volta che i clienti di Robinhood avranno accesso a opzioni di indice, inclusi le opzioni dell'Indice S&P 500 (SPX), dell'Indice di Volatilità di Cboe (VIX), dell'Indice Russell 2000 (RUT) e delle Mini SPX (XSP). Questi prodotti mirano a fornire nuovi modi per gli investitori al dettaglio di avere esposizione al mercato, coprire contro la volatilità, generare reddito e capitalizzare sui movimenti del mercato.
La collaborazione risponde a una crescente domanda di trading di opzioni, con i volumi di opzioni negli Stati Uniti che hanno superato gli 11 miliardi di contratti nel 2023, un aumento del 126% dal 2019. Il pacchetto di prodotti proprietari di Cboe ha visto i volumi medi giornalieri raggiungere un record di 4,2 milioni di contratti nel terzo trimestre del 2024, in aumento del 13% rispetto al terzo trimestre del 2023. Per supportare questa crescita, l'Options Institute di Cboe ha ampliato la sua offerta educativa per i trader al dettaglio.
Cboe Global Markets y Robinhood Markets Inc. han anunciado que Robinhood pronto ofrecerá opciones de índice de Cboe en su plataforma. Esto marca la primera vez que los clientes de Robinhood tendrán acceso a opciones de índice, incluyendo las opciones del Índice S&P 500 (SPX), del Índice de Volatilidad de Cboe (VIX), del Índice Russell 2000 (RUT) y de Mini SPX (XSP). Estos productos tienen como objetivo proporcionar nuevas formas para que los inversores minoristas obtengan exposición al mercado, se cubran contra la volatilidad, generen ingresos y capitalicen los movimientos del mercado.
La colaboración responde a la creciente demanda de comercio de opciones, con los volúmenes de opciones en EE. UU. superando los 11 mil millones de contratos en 2023, un aumento del 126% desde 2019. El paquete de productos patentados de Cboe ha visto volúmenes diarios promedio alcanzar un récord de 4.2 millones de contratos en el tercer trimestre de 2024, un aumento del 13% con respecto al tercer trimestre de 2023. Para apoyar este crecimiento, el Options Institute de Cboe ha expandido su oferta educativa para los traders minoristas.
Cboe 글로벌 마켓과 로빈후드 마켓 주식회사는 로빈후드가 곧 Cboe의 지수 옵션을 플랫폼에서 제공할 것이라고 발표했습니다. 이는 로빈후드 고객이 S&P 500 지수(SPX), Cboe 변동성 지수(VIX), 러셀 2000 지수(RUT), 미니 SPX(XSP) 옵션을 포함한 지수 옵션에 처음으로 접근할 수 있게 되는 것을 의미합니다. 이 제품들은 소매 투자자가 시장에 노출되고, 변동성에 대해 헤지하며, 수익을 창출하고, 시장 움직임을 활용할 수 있는 새로운 방법을 제공하는 것을 목표로 합니다.
협력은 옵션 거래에 대한 증가하는 수요에 대한 반응으로, 미국에서의 옵션 거래량은 2023년에 110억 계약을 초과하여 2019년 대비 126% 증가했습니다. Cboe의 독점 상품군은 2024년 3분기에 평균 일일 거래량이 420만 계약으로 기록적인 고점을 기록했으며, 이는 2023년 3분기 대비 13% 증가한 수치입니다. 이 성장을 지원하기 위해 Cboe의 옵션 연구소는 소매 트레이더를 위한 교육 제공을 확대했습니다.
Cboe Global Markets et Robinhood Markets Inc. ont annoncé que Robinhood proposera bientôt les options d'index de Cboe sur sa plateforme. Cela marque la première fois que les clients de Robinhood auront accès à des options d'index, y compris les options de l'Indice S&P 500 (SPX), de l'Indice de Volatilité de Cboe (VIX), de l'Indice Russell 2000 (RUT) et les options Mini SPX (XSP). Ces produits visent à fournir de nouvelles façons pour les investisseurs particuliers de s'exposer au marché, de se couvrir contre la volatilité, de générer des revenus et de tirer parti des mouvements du marché.
La collaboration répond à une demande croissante pour le trading d'options, les volumes d'options aux États-Unis ayant dépassé 11 milliards de contrats en 2023, ce qui représente une augmentation de 126 % par rapport à 2019. Le portefeuille de produits propriétaires de Cboe a atteint des volumes moyens quotidiens atteignant un niveau record de 4,2 millions de contrats au troisième trimestre de 2024, en hausse de 13 % par rapport au troisième trimestre de 2023. Pour soutenir cette croissance, l'Options Institute de Cboe a élargi son offre éducative pour les traders particuliers.
Cboe Global Markets und Robinhood Markets Inc. haben angekündigt, dass Robinhood bald die Indexoptionen von Cboe auf seiner Plattform anbieten wird. Dies ist das erste Mal, dass Robinhood-Kunden Zugang zu Indexoptionen haben werden, einschließlich der Optionen des S&P 500 Index (SPX), des Cboe Volatilitätsindex (VIX), des Russell 2000 Index (RUT) und der Mini SPX (XSP). Diese Produkte sollen neue Möglichkeiten für Privatanleger bieten, um Marktexposition zu gewinnen, sich gegen Volatilität abzusichern, Einkommen zu generieren und von Marktbewegungen zu profitieren.
Die Zusammenarbeit reagiert auf die steigende Nachfrage nach Optionshandel, wobei die Optionsvolumen in den USA im Jahr 2023 mehr als 11 Milliarden Verträge überstiegen, was einem Anstieg von 126% seit 2019 entspricht. Cboes proprietäres Produktportfolio verzeichnete im dritten Quartal 2024 durchschnittliche Tagesvolumina von einem Rekordhoch von 4,2 Millionen Verträgen, ein Anstieg von 13% im Vergleich zum dritten Quartal 2023. Um dieses Wachstum zu unterstützen, hat Cboes Optionsinstitut sein Bildungsangebot für Privatanleger erweitert.
- Robinhood expanding its product offering to include Cboe's popular index options
- Potential for increased revenue and user engagement for both Cboe and Robinhood
- Growing demand for options trading, with U.S. options volumes up 126% since 2019
- Cboe's proprietary product suite reaching record high average daily volumes in Q3 2024
- Expansion of educational resources for retail traders through Cboe's Options Institute
- None.
Insights
The partnership between Cboe and Robinhood marks a significant expansion in retail investors' access to sophisticated financial instruments. This move is likely to be positive for both companies:
- For Cboe (CBOE), this opens up a new distribution channel for their index options, potentially increasing trading volumes and revenue.
- For Robinhood, it enhances their product offering, potentially attracting more users and increasing engagement.
The timing is strategic, capitalizing on the growing retail investor base and the increasing demand for options trading. With U.S. options volumes exceeding
Investors should watch for potential impacts on Cboe's trading volumes and Robinhood's user growth and revenue in upcoming quarters. While this move could drive growth, it also comes with risks, including potential regulatory scrutiny over complex products being offered to retail investors.
This partnership reflects a broader trend of democratization in financial markets. Key points to consider:
- Retail investor sophistication is increasing, driving demand for more advanced trading tools.
- The move aligns with the
8% year-over-year increase in average daily options volumes through Q3 2024. - Cboe's proprietary products saw a
13% increase in average daily volumes in Q3 2024 compared to Q3 2023.
The expansion of Cboe's Options Institute's educational offerings is crucial, as it helps mitigate risks associated with retail traders engaging in complex options strategies. This focus on education could potentially reduce regulatory concerns and improve overall market stability.
For investors, this trend suggests continued growth in the options market, with potential benefits for companies facilitating these trades. However, it's important to monitor how this increased retail participation might affect market dynamics and volatility in the long term.
- For the first time, Robinhood customers will have access to index options, expanding their trading capabilities on its platform
- Cboe's index options – S&P 500 Index, Cboe Volatility Index, Russell 2000 Index, and Mini S&P 500 Index options – soon available to Robinhood customers on its platform
- Launch taps into rising investor demand for options trading, market data and education
Cboe's proprietary suite of index options will provide Robinhood's customers potential new ways to gain broad U.S. market exposure, hedge against
"The rise of the retail investor is one of the greatest forces reshaping financial markets today," said Dave Howson, Global President at Cboe Global Markets. "Retail traders have expanded their financial knowledge and trading experience in recent years to become much more sophisticated, and now, they are seeking new opportunities to further elevate their trading strategies. Cboe's proprietary index options are among some of the world's most popular, liquid and actively traded options products, which we believe will be a welcome addition to the retail trader's toolkit. Cboe's index options have long been used by institutional investors to manage risk and build wealth. Now, with Robinhood offering index options to its growing user base, we are excited even more investors may access the utility of our products."
Robinhood makes Cboe Global Indices Feed, which provides real-time index values for products like SPX, VIX and RUT options, available to its customers. The feed may offer additional data to support customers when making their own trading decisions.
"Robinhood continues to deliver innovative and intuitive trading solutions that empower retail investors, and our collaboration with Cboe aligns perfectly with that mission," said Steve Quirk, Chief Brokerage Officer at Robinhood. "As our customers have grown, they have asked us for access to more advanced assets including index options, which allow them to diversify their portfolio and better manage risk. Adding index options to Robinhood is a natural extension of our product offering and has been one of the most requested asset classes by our customers. This will be another powerful tool to help them navigate their financial future."
Demand for options trading has risen among both retail and institutional investors who may be seeking tools to manage risk and capture market opportunities. In 2023, total
Cboe's proprietary product suite has similarly seen increasing investor participation, with average daily volumes reaching a record high of 4.2 million contracts during third-quarter 2024, up
"As we move through 2024, one theme is clear: the need for robust risk management tools has never been greater and we see both institutional and retail participants, domestic and international, increasingly turning to options," said Catherine Clay, Global Head of Derivatives at Cboe Global Markets. "We see that investors are trading options with both longer and shorter durations and utilizing various strategies – whether hedging event risk, systematically selling call and put spreads to generate income, or trading options within a shorter time horizon to capture intraday moves. The
For more information on Cboe's proprietary index options and educational offerings, visit: https://go.cboe.com/youhaveoptions.
About Cboe Global Markets
Cboe Global Markets (Cboe: CBOE), the world's leading derivatives and securities exchange network, delivers cutting-edge trading, clearing and investment solutions to people around the world. Cboe provides trading solutions and products in multiple asset classes, including equities, derivatives and FX across
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1 Cboe's proprietary index options are available for trading on a number of retail brokerage platforms. Please consult your retail broker for more information.
2 Source: OCC
3 Source: OCC
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FAQ
What index options will Robinhood offer from Cboe (CBOE)?
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