CBOE renews exclusive agreement with S&P Dow Jones Indices until 2051

PANews reported on September 29 that according to official announcements, the Chicago Board Options Exchange (CBOE) and S&P Dow Jones Indices (S&P DJI) announced that they would extend the exclusive licensing agreement for 25 years to 2051. The two parties have cooperated for more than 40 years since the launch of S&P 500 Index options in 1983. Under the agreement, CBOE will continue to have the exclusive right to list and trade S&P 500 Index options, and both parties also plan to explore innovative products such as tokenized options contracts.