The Chicago Board Options Exchange (CBOE) is currently trying to fend off twothreats: it is petitioning the Securities and Exchange Commission (SEC) to denythe Boston Options Exchange’s (Box) request for permission to operate asan equity options exchange; and it is seeking to head off the International SecuritiesExchange’s (ISE) effort to get the SEC to let it and other exchanges competeto make markets in certain index options – which are currently only listedon the CBOE.
Naturally, the CBOE is s
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