Chicago Board Options Exchange

The parent of the <a class="taxInlineTagLink" id="PLCUL0000105" title="Chicago Board Options Exchange" href="/topic/business/macroeconomics/stock-market/chicago-board-options-exchange-PLCUL0000105.topic">Chicago Board Options Exchange</a> said in October of 2011 that it has held talks with a number of governors and state officials about a possible move of its headquarters to another state after Illinois raised its tax rate. <a class="taxInlineTagLink" id="PEHST000284" title="Joseph Brodsky" href="/topic/arts-culture/joseph-brodsky-PEHST000284.topic">Joseph Brodsky</a>, the head of the exchange, said that <a class="taxInlineTagLink" id="PLGEO0100100501250000" title="Chicago" href="/topic/us/illinois/cook-county/chicago-PLGEO0100100501250000.topic">Chicago</a>'s derivatives exchanges form the nucleus of a broader financial services sector that is also being hit by the state's tax rise.
ct-biz-cboe-moving

The parent of the Chicago Board Options Exchange said in October of 2011 that it has held talks with a number of governors and state officials about a possible move of its headquarters to another state after Illinois raised its tax rate. Joseph Brodsky, the head of the exchange, said that Chicago's derivatives exchanges form the nucleus of a broader financial services sector that is also being hit by the state's tax rise.

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