CBSX and Lime Brokerage announced today that Lime has acquired a minority interest in the CBOE Stock Exchange, LLC (CBSX), a subsidiary of the Chicago Board Options Exchange (CBOE). âWe are pleased to have the opportunity to invest in CBSX,â said Limeâs Chief Executive Alistair Brown. âLime looks for trading venues that offer unique pools of liquidity for Limeâs customers to interact with. CBSX offers a displayed and non-displayed market for Limeâs customers to provide liquidity for CBOE options tradersâ hedging activity. We believe this market structure is good for our customers and CBOEâs option traders seeking to hedge their options positions.â
David Harris, CBSXâs Chief Executive Officer, said, âWe are excited that Lime has chosen to invest in CBSX. Not only is Lime among Nasdaqâs largest liquidity providers, but Lime has also demonstrated its ability to support the development of new market centers.â
Financial terms of the investment were not disclosed.