
CBOE relaunches credit event binary options
CBOE relaunches credit event binary options

The technology world, for example, is littered with products that pre-date the iPod or iPhone but which failed to take off. In credit, the concept of an exchange-traded credit default swap had long been discussed before the credit crisis but the best known attempt to launch such a product was a woeful failure. Chicago Board Options Exchange’s credit event binary options (CEBOs) caused little stir when they premiered in the second half of 2007 and quickly disappeared without a trace.
Now the same
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