The Pre-launch Resource Hub is designed to provide market participants with information regarding planned Cboe products, including information that may be useful in preparing to trade Cboe products on their day one launch.

This Resource Hub was created prior to the launch of trading in Cboe^® iBoxx^® $ Emerging Market Bond Index (IEMD) futures which occurred on trade date June 17, 2024. This Resource Hub is being maintained for reference for a limited period of time following the launch. Therefore, please note that some of the information on this Resource Hub pre-dates the launch and was written as of a time prior to launch. Please refer to IEMD Futures Product Webpage for further information.

What are Cboe^® iBoxx^® $ Emerging Market Bond Index Futures?

Cboe^® iBoxx^® $ Emerging Market Bond Index futures (Ticker: IEMD) is a product that Cboe Futures Exchange, LLC plans to offer for trading. IEMD futures are cash-settled futures on the iBoxx^® USD Liquid Emerging Market Sovereigns & Sub-Sovereigns Index (IBXXEMLQ Index).

The IBXXEMLQ Index measures the performance of the market for U.S. dollar denominated bonds issued by sovereign or sub-sovereign issuers from emerging market countries.

The addition of IEMD futures to CFE's product suite will expand CFE's bond index product offering. CFE currently offers for trading corporate bond index futures and options on corporate bond index futures.

Cboe Futures Exchange (CFE^®) Rules

The CFE Rulebook includes rules that govern trading on CFE. The Policies and Procedures section contains policies and procedures that supplement the rules in the CFE Rulebook. These documents will be updated to include rules relating to IEMD futures upon the launch of the product.

• CFE Rule Book
• CFE Policies and Procedures

Contact Us

Global Sales	CFE Market Data	CFE Trade Desk
Laura Fuson Vice President, Head of Futures [email protected]	Market Data Services [email protected] 212-378-8821	CFE Trade Desk [email protected] 312-786-8700

This information is a high-level overview of what is currently contemplated. The information included is subject to change and to more detailed provisions that would be put in place in connection with the planned launch of Cboe® iBoxx® $ Emerging Market Bond Index (IEMD) futures. Additionally, the planned launch of IEMD futures remains subject to regulatory review.

There are important risks associated with transacting in any of the Cboe Company products or any digital assets discussed here. Before engaging in any transactions in those products or digital assets, it is important for market participants to carefully review the disclosures and disclaimers contained at: https://www.cboe.com/us_disclaimers.

These products and digital assets are complex and are suitable only for sophisticated market participants. In certain jurisdictions, including the United Kingdom, Cboe Digital products are only permitted for investment professionals, certified sophisticated investors, or high net worth corporations and associations.

These products involve the risk of loss, which can be substantial and, depending on the type of product, can exceed the amount of money deposited in establishing the position.

Market participants should put at risk only funds that they can afford to lose without affecting their lifestyle.

Hypothetical scenarios are provided for illustrative purposes only. The actual performance of financial products can differ significantly from the performance of a hypothetical scenario due to execution timing, market disruptions, lack of liquidity, brokerage expenses, transaction costs, tax consequences, and other considerations that may not be applicable to the hypothetical scenario.

S&P, S&P 500, US500, 500, THE 500, SPDR, SPX, and DSPX are trade names or trademarks of S&P Dow Jones Indices, LLC, or its affiliates ("S&P"). Any products that have an S&P index as their underlying interest are not sponsored, endorsed, sold, or promoted by S&P and S&P makes no representation regarding the advisability of investing in any investment product that is based on any such indices.

The iBoxx^® USD Liquid Emerging Market Sovereigns & Sub-Sovereigns Index is a product of S&P Dow Jones Indices LLC or its affiliates or licensors ("S&P DJI"). iBoxx^®, S&P^®, S&P 500^® and Dividend Aristocrats^® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"); Dow Jones^® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones") and has been licensed for use by S&P Dow Jones Indices; and these trademarks have been licensed for use by S&P DJI and sublicensed for certain purposes by Cboe Exchange, Inc. Cboe^® iBoxx^® $ Emerging Market Bond Index ("IEMD") futures are not sponsored, endorsed, sold, or promoted by S&P DJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the iBoxx^® USD Liquid Emerging Market Sovereigns & Sub-Sovereigns Index.

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