Become a Participant of Cboe Europe Equities
Cboe Europe Equities (Cboe) has a diverse group of trading Participants that continues to grow. Click here for a list of some of the firms currently trading on Cboe. Please see our Document Library for a list of all other agreements, price lists, specifications and manuals you may need. If you would like help through the application process, please contact our Sales team at SalesEurope@bats.com or +44 20 7012 8906.
Your firm must be either an EEA regulated investment firm or credit institution.
Firms that are not EEA regulated may also be eligible to become a Participant, and should contact Participant Services to find out if they are able to qualify. Note: The steps set out below can be completed separately or in parallel.
Step 1: Documentation
Please review the agreement then complete the application form and e-mail it to Participant Services:
- Participant Agreement - terms and conditions for the legal contract between Cboe and the applicant firm.
- Participant Application Form - this form is used to obtain general information about the applicant firm.
You should also review the Rule Book and the Participant Manual, which set out policies, procedures and technology used by Cboe, and the UK SDRT Intermediaries Relief Form if you intend to trade UK stocks. For more information on Step #1, please contact Participant Services.
|Phone:||+44 20 7012 8902|
Step 2: Market Data
Firms can choose to receive Market Data directly from Cboe or via a third party vendor. For more information about the use of Cboe’s market data please review the following documents:
If you would like to receive or distribute Market Data directly from Cboe, please review and complete the following documents:
Firms who wish to receive Market Data via a vendor will need to sign an agreement with their chosen vendor and should also review the Cboe Market Data Policy.
For more information on Step #2, please contact the Market Data team.
|Phone:||+44 20 7012 8907|
Step 3: Connection
Firms can connect to Cboe directly or via a service provider. To learn about connectivity to Cboe, click the documents below.
- Connectivity Manual - network connectivity options
- Connectivity, Service Bureaus and Other Access Services Terms and Conditions - physical network terms
- Connectivity, Service Bureaus and Other Access Services Order Form - physical network pricing
- FIX Specification - orders using FIX format
- Market Data Specifications - Cboe market data feeds
If your firm trades via a hosted Service Provider solution, contact your representative and ask them to add Cboe as a destination to your firm's account. You can view a list of Service Providers that have established relationships with Cboe. For more information on Step #3, please contact the Cboe Trade Desk.
|Phone:||+44 20 7012 8901|
Step 4: Clearing
Your firm will need to have appropriate clearing arrangements in place with a central counterparty.
Review the Trade Clearing Process flyer for more information on interoperable clearing available at Cboe.
After your firm's connection to Cboe has been established and the documentation is in place, you'll make your first trade to verify the clearing process. Then you're ready to enjoy the low-cost, high-speed trading that Cboe provides.
For more information on Step #4, please contact:
|Phone:||+44 20 7012 8957|