Cboe Global Markets Commends Federal Banking Agencies' Action to Strengthen Market Liquidity in Response to COVID-19

Cboe Global Markets Commends Federal Banking Agencies' Action to Strengthen Market Liquidity in Response to COVID-19 Banking organizations authorized to begin early best efforts adoption of SA-CCR Cboe supported passage of SA-CCR rulemaking in 2019 and led effort for this early adoption SA-CR is a more risk-sensitive methodology that will unlock liquidity in options markets Action illustrates importance of options markets to U.S. economy

CHICAGO - April 2, 2020 - Cboe Global Markets, Inc. (Cboe: CBOE), one of the world's largest exchange holding companies, today issued a statement commending the action of the Federal Reserve, Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency to authorize early adoption of the Standardized Approach to Counterparty Credit Risk (SA-CCR) by banking organizations, and thereby help strengthen current options market liquidity during this time of unprecedented market turbulence as a result of the novel coronavirus disease (COVID-19) pandemic.

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