Cboe Europe, a division of Cboe Global Markets (Cboe: CBOE), announced that Cboe Europe B.V. has just received authorisation from the Dutch Ministry of Finance and will be regulated by the Dutch Authority for the Financial Markets (AFM).
Cboe Europe B.V. is Cboe Europe’s new subsidiary based in Amsterdam. The company is now authorised to operate a Regulated Market (RM), Multilateral Trading Facility (MTF) and Approved Publication Arrangement (APA).
Adam Eades has been named President of Cboe Europe B.V., which is currently scheduled to launch on 1st April 2019.
Mark Hemsley
Mark Hemsley, President of Cboe Europe, said:
We are pleased to have received regulatory approval for our new Netherlands-based venue. We are committed to providing pan-European services to our customers and this authorisation helps ensure we are well-positioned to continue to service our customers across Europe post-Brexit.
Cboe Europe will continue to offer the same services at both its UK and Netherlands venues.
Mr. Eades commented:
I’m delighted to lead Cboe Europe B.V. and work closely with the London team to ensure a seamless launch of the new venue. We’ve been working closely with our customers over the past two years and have made the necessary preparations to ensure we are ready for any potential Brexit scenarios.