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Ila Abboud

Research Analyst at Bank of America

Ila Abboud's questions to Cboe Global Markets (CBOE) leadership

Question · Q4 2025

Ila Abboud inquired about the contribution of new broker onboardings, including Robinhood and several APAC brokers, to the strong SPX volumes in 2025 and the pipeline for further broker additions in 2026.

Answer

Rob Hocking, Global Head of Derivatives, noted Robinhood's growing options volume and strong international demand. He highlighted Korea's success with 7 of 10 local brokers now offering SPX options (up from 0 two years ago) and Taiwan's first local retail broker launch in Q4, with more expected.

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