C

Cboe

Operates exchange networks for derivatives trading

Network Engineer

Full-Time
No salary listed
Mid, Senior
London, UK
HybridFour days in office per week.
IT OperationsNetwork Engineering & Administration

About the job

Requirements
  • 3+ years of hands-on network engineering experience across Cisco, Arista, and/or Palo Alto environments, with strong fundamentals in routing, switching, and firewall technologies
  • Experience troubleshooting complex network issues, including packet analysis using tools such as tcpdump, Wireshark, tshark, or similar
  • 2–3+ years of UNIX/Linux experience, including shell access and command-line troubleshooting, with an emphasis on network diagnostics
  • Experience with scripting and/or API-driven automation to improve operational efficiency and reduce manual effort
Responsibilities
  • Engineer and support customer connectivity across on‑prem and cloud environments, including circuit provisioning, AWS networking, and VPN connectivity, while configuring and deploying production changes across routing, firewall, and cloud network infrastructure
  • Troubleshoot and support complex network environments (BGP, OSPF, MPLS, multicast, HSRP), partnering with customers and internal teams to validate connectivity, onboard new participants, and resolve issues across latency‑sensitive trading systems
  • Provide real-time monitoring and incident response for global network infrastructure, analyzing telemetry, packet loss, and performance data to proactively identify issues and drive rapid resolution with clear communication
  • Deliver high-quality customer support through ticket queues and direct engagement, serving as a trusted technical resource and ensuring clear, timely communication with both customers and internal stakeholders
  • Lead escalations and advanced troubleshooting efforts across network, cloud, and infrastructure domains, collaborating with engineering teams and vendors to restore service and resolve complex issues
  • Develop and maintain automation, monitoring enhancements, and observability tooling using scripting and API-driven integrations to improve efficiency, visibility, and troubleshooting speed
  • Perform deep packet analysis and contribute to root cause investigations, translating low-level network data into clear findings that support long-term problem management and service improvement
Desired Qualifications
  • Working knowledge of AWS cloud networking, including VPCs, routing, security groups, and hybrid connectivity models
  • Familiarity with network observability and monitoring tools (e.g., Grafana or similar) for telemetry analysis and troubleshooting
  • Experience with advanced packet capture platforms (e.g., Corvil) or equivalent high-performance analysis tools
  • Relevant industry certifications such as Cisco, AWS, Palo Alto, CompTIA Network+/Security+, or similar

About the company

Cboe Global Markets operates an exchange network that lists and trades a wide range of financial instruments, including global derivatives, foreign exchange, digital assets, and securities. Its platform matches buy and sell orders, clears and settles trades, and earns revenue from transaction fees and market data. The company serves institutional investors, retail investors, and financial intermediaries through a global infrastructure that facilitates trading and data services. Unlike firms that focus on a single asset class, Cboe offers multiple asset classes and a long history (over 50 years) to provide broad market access and reliable infrastructure. The goal is to power the global economy by creating inclusive markets and helping investors build sustainable financial futures, while also supporting community growth and employee development.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Chicago, Illinois

Founded

1973

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Simplify's Take

What believers are saying

  • Q2 2026 net revenue hit $731.6 million, up 25%, led by options.
  • June 2026 options volume set records; daily multi-listed options reached 16.6 million.
  • Cboe launched Mini-SPX binary contracts and targets September 2026 KPI contracts.

What critics are saying

  • Kalshi challenged Cboe's corporate KPI contracts in August 2026, delaying launch.
  • SEC proceedings still cloud VIX future-option orders and Cboe's new product approvals.
  • Cboe depends heavily on S&P index options; a licensing dispute would cripple revenue.

What makes Cboe unique

  • Cboe owns VIX and S&P options franchises, anchoring unique volatility liquidity.
  • Its multi-asset network spans options, equities, futures, FX, and digital assets.
  • Cboe's exchange and clearing stack supports new event contracts faster than peers.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • Unlimited Paid Time Off
  • Flexible Work Hours
  • Hybrid Work Options
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Paid Vacation
  • Paid Sick Leave

Growth & Insights and Company News

Headcount

6 month growth

13%

1 year growth

13%

2 year growth

13%
PR Newswire
Oct 16th, 2026
Cboe hires PNC veteran Catherine Grover as chief human resources officer

Cboe Global Markets will hire Catherine Grover as executive vice president and chief human resources officer, effective November 16, 2026. She will be based in Chicago and report to chief executive officer Craig Donohue. Grover will oversee Cboe's global human resources function, aligning talent and workforce strategies with the company's next phase of growth. She joins from PNC Financial Services Group, where she spent more than 29 years in HR leadership and business roles. Most recently, she was executive vice president of human resources, leading teams that supported about 55,000 employees. "Cathy's experience will help us continue building the leadership, talent and organizational capabilities needed to support our ambitions," Donohue said.

Yahoo Finance
Oct 11th, 2026
Cboe shares jump 12.1% as S&P 500 options licence extended to 2051 and KPI binaries planned

Cboe Global Markets extended its exclusive licence for S&P 500 Index options with S&P Dow Jones Indices through 2051. The 25-year renewal reduces the risk of losing its flagship index options business. Cboe also plans to launch binary contracts tied to company-specific key performance indicators. They would initially cover 23 major US-listed stocks and be cleared through Cboe Clear U.S., subject to regulatory approval by the Securities and Exchange Commission. Cboe shares are up 12.1% after the announcements. The KPI contracts look incremental rather than a near-term earnings driver. Competition and fee pressure remain risks to Cboe's core economics.

Yahoo Finance
Sep 4th, 2026
Cboe and Nasdaq on track for record options trading volume for seventh consecutive year

The US options market is set for a seventh consecutive record year, with leading exchange operators Cboe Global Markets and Nasdaq reporting strong growth. Cboe posted record second-quarter 2026 results, with net revenue rising 25% year-over-year to $732 million. Its derivatives business drove growth, with index options average daily volume up 32% to 6.2 million contracts. Nasdaq reported $1.5 billion in net revenue for the same period, up 15%. Its index options revenue more than doubled for the fourth straight quarter, whilst index exchange-traded product assets under management crossed $1 trillion. Both exchanges are expanding beyond core offerings. Cboe recently launched Cboe Predicts, featuring binary options on the Mini-S&P 500 Index. It's also developing company-specific key performance indicator contracts, pending regulatory approval.

Yahoo Finance
Aug 21st, 2026
Cboe Global Markets raises 2026 outlook after Q2 revenue hits record $731.6M

Cboe Global Markets reported strong Q2 fiscal 2026 results on 31 July, with net revenue rising 24.6% to a record $731.6 million. The Chicago-based exchange operator's adjusted diluted earnings per share increased 44.7% to $3.56, driven by a 30% surge in Options segment revenue. The company raised its 2026 organic total net revenue growth guidance to "mid to high teens" from "low double-digit to mid-teens". Analysts expect diluted EPS to grow 29.2% year-over-year to $13.78 for fiscal 2026. Cboe shares have gained 16.7% over the past year and are up 17.12% year-to-date in 2026, outperforming the S&P 500's 11.6% gain this year. Of 18 analysts covering the stock, the consensus rating is "Hold", based on three "Strong Buys", 12 "Holds", and three "Strong Sells".

Yahoo Finance
Aug 16th, 2026
Cboe Global Markets raises quarterly dividend 19% to $0.86, marking 16th consecutive annual increase

Cboe Global Markets has raised its quarterly dividend to $0.86 per share for the third quarter of 2026, up from $0.72. The payment will be made on 15 September 2026 to shareholders of record on 31 August 2026. This marks the 16th consecutive year of dividend increases. The 19% rise reinforces the company's commitment to returning cash to shareholders whilst it expands its clearing and trading services. The dividend growth accompanies Cboe Clear Europe's planned expansion into fixed-income lending through its Securities Financing Transactions service. However, analysts note the company remains heavily reliant on its S&P index options partnership, which presents a concentration risk. Community fair value estimates for the stock range from $143.58 to $317.71 per share, reflecting divergent views on the company's prospects.