
In January, European exchange-traded product firm Source ETP gave up a majority stake in its business to global private equity firm Warburg Pincus as it looks to become a top-tier ETF provider.
The move, which also sees ETF guru Lee Kranefuss taking up the role of executive chairman, is expected to provide Source with the resources to develop and launch new products, and enhance existing products.
CBOE Holdings announced its year-end results in a January press release. Its options exchanges, the Chicago Board Options Exchange and the C2 Options Exchange, saw an average daily volume in options contracts of 4.71 million, up 4 percent from the prior year.