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Cboe, one of the world’s largest exchange holding companies, announced that it would move its global headquarters in Chicago to the Old Post Office building at 433 W. Van Buren Street. The company also plans to build new trading floor and office space at 141 W. Jackson Boulevard. At the Old Post Office building, Cboe will occupy 185,000 of the 2.3 million rentable square feet; Cboe expects to relocate its Chicago staff in the second half of 2020. At 141 W. Jackson, also known as the historic Chicago Board of Trade building, Cboe will have about 40,000 square feet of leased office and trading floor space. Cboe’s trading floor includes trading pits for S&P 500 Index and Cboe Volatility index options.
The company signed a 15-year lease for its new space at the Old Post Office building and a 12-year lease for its new space in 141 W. Jackson.
“Our primary goal in selecting a new headquarters was to provide a unique, state-of-the-art environment for our employees and customers – one befitting an innovative company operating at the forefront of financial markets around the world,” Ed Tilly, chairman, president, and chief executive officer of Cboe Global Markets, said in a press release. “After a rigorous evaluation process, the Old Post Office was determined to be the ideal fit as its renovation is transforming this landmark building into a showcase property with world-class features and amenities.”