Become a TPH or Member of Cboe Options Exchanges

Cboe is focused on powering the potential of our Members to achieve their business objectives in a way that benefits all investors. We know there are many venues today's traders can use to execute their trades. At Cboe, our team works diligently to ensure our markets are leaders in execution quality for our Members and that our Members have access to cutting-edge tools and services that better help them manage their risk while executing their trading strategies.

We constantly strive to provide our Members with a world class trading experience, including:

  • Innovative Tools to Manage Risk
  • Great Technology Backed by Great People
  • World-Class Market Surveillance & Supervision

Experience a better market – become a Member today.

Applicants must be an approved Member of BZX Exchange or EDGX Exchange to trade on BZX Options or EDGX Options, respectively. Visit the Cboe BZX and EDGX Exchanges Membership page for information on how to become a Member.

Step 1: Documentation

Complete and sign the following documents and send them with any other required documentation to Membership Services.

Membership Services

Phone: +1.913.815.7002
Fax: +1.913.815.7119
Email: [email protected]
Mail:
Cboe Global Markets, Attn. Membership Services
8050 Marshall Dr, Ste. 120
Lenexa, KS 66214

Step 2: Connection

Firms can connect to BZX Options and EDGX Options directly or via a service provider. To learn about connectivity to BZX and EDGX Options, view our Connectivity Manual

BZX Options and EDGX Options support order entry in both Binary (BOE) and FIX formats. Please see the Document Library for links to the technical specifications for the BZX and EDGX Exchanges.

If you trade via a Service Bureau, please return an executed copy of the Service Bureau Agreement, countersigned by your Service Bureau.

After your connection to BZX Options and EDGX Options is established, you'll place your first trade to verify the clearing. Then, you're ready to enjoy the benefits BZX Options and EDGX Options provides.

Trade Desk

Phone: +1.913.815.7001
Email: [email protected]

Pricing

The Cboe Options Exchanges offer competitive pricing coupled with incentives to drive strong market quality, which means customers can take advantage of a solid pool of liquidity at reasonable prices.

  Cboe Options Exchange BZX Options Exchange C2 Options Exchange EDGX Options Exchange
Allocation Model Pro Rata Price-Time Pro Rata Customer Priority/Pro Rata
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