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Thursday, February 14, 2013

CBOE does not rule out going private again -COO, (NASDAQ: CBOE), (NASDAQ: NDAQ)

CBOE Holdings Inc , the parent company of the Chicago Board Options Exchange, which became a publicly held company in 2010 after years of effort, would consider going private again if doing so benefits its shareholders, a top executive said on Thursday.Until reports earlier this week suggesting private equity firm Carlyle Group had approached stock exchange operator Nasdaq OMX Group Inc about going private raised the question of whether CBOE Holdings Inc might also consider a similar move.But doing so "would not have been a logical exploratory change in governance and ownership structure," CBOE's Chief Operating Officer Edward Tilly told a Credit Suisse financial services forum.Such a move would reverse the trend in recent years for financial markets exchanges to become publicly listed companies.

CBOE Holdings, Inc. (CBOE Holdings) is the holding company for Chicago Board Options Exchange, Incorporated; C2 Options Exchange, Incorporated; CBOE Futures Exchange, LLC (CFE), and other subsidiaries. Shares of CBOE traded higher by 2.0% or $0.7/share to $35.69. In the past year, the shares have traded as low as $24.56 and as high as $35.10. On average, 471708 shares of CBOE exchange hands on a given day and today's volume is recorded at 782101.

The NASDAQ OMX Group, Inc. (NASDAQ OMX) is a holding company. Shares of NDAQ fell by 3.32% or $-1.05/share to $30.60. In the past year, the shares have traded as low as $21.03 and as high as $32.15. On average, 1518990 shares of NDAQ exchange hands on a given day and today's volume is recorded at 5653021.



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