Become a TPH of Cboe Futures Exchange

Cboe Futures Exchange, LLC (CFE) is a wholly-owned subsidiary of Cboe Global Markets, and the home to futures on the Cboe® Volatility Index (VIX® Index). Firms and/or individuals that desire to have direct access to CFE are required to become a CFE Trading Privilege Holder (TPH) and obtain a TPH permit. Additionally, any firm that desires to become a CFE clearing firm must be a member of The Options Clearing Corporation® and is required to become a CFE TPH and obtain a TPH permit.

A more informative description of CFE's TPH program can be found in the following document: Description of Trading Privileges on CFE.

Step 1: Documentation

Complete and sign the appropriate document and send it with any other required documentation to Membership Services.

Additional required forms and information regarding approved jurisdictions are available in the Document Library.

Membership Services

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

Step 2: Connection

CFE TPHs can connect to CFE directly or via a service provider. To learn about connectivity, view our Connectivity Manual in the Document Library.

CFE supports order entry in both Binary (BOE) and FIX formats. Please see the Document Library for links to the technical specifications.

CFE Trade Desk

Phone: +1.312.786.8700
Email: [email protected]

Cboe Futures Exchange Rules

The Cboe Futures Exchange Rule Book includes rules, policies and procedures for trading on CFE.


Below is a list of all CFE Trading Privilege Holders that have a broker capacity on CFE. This list is provided solely for informational purposes and not as an endorsement by CFE of any particular broker. Customers should use care in choosing a broker and consider factors like those identified on the CFTC website in deciding which broker to use.

ADM Investor Services Inc.
Advantage Futures LLC
Barclays Capital Inc.
BNP Paribas Securities Corp.
BofA Securities, Inc.
Capital Futures Corp.
Citigroup Global Markets Inc.
Credit Suisse Securities (USA) LLC
Deutsche Bank Securities Inc.
Global Execution Brokers, LP
Goldman Sachs & Co. LLC
Interactive Brokers LLC
JP Morgan Securities LLC
KGI Futures Co., Ltd.
Lakeshore Securities LP
Marex Capital Markets Inc.
Mizuho Securities USA LLC
Morgan Stanley & Co. LLC
Nomura Securities International Inc
Phillip Capital Inc.
President Futures Co. Ltd.
R.J. O'Brien & Associates, LLC
RBC Capital Markets, LLC
SG Americas Securities LLC
SpiderRock EXS LLC
StoneX Financial Inc.
Straits Financial, LLC
tastytrade, Inc.
TradeStation Securities Inc.
UBS Securities LLC
Wedbush Securities, Inc.
Wells Fargo Securities, LLC
Wolverine Execution Services, LLC
X-Change Financial Access LLC
Yuanta Futures Co., Ltd.

TIMS®, STANS®, and OCC® are registered trademarks of The Options Clearing Corporation ® (OCC). OCC assumes no liability in connection with the use of STANS or TIMS by any person or entity. The current version of TIMS or STANS may not be reflected in the Cboe Hanweck services described herein.