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.
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.