Full-Time

Operations Support Center

Specialist

Confirmed live in the last 24 hours

Cboe

Cboe

1,001-5,000 employees

Global exchange for derivatives and securities trading

Compensation Overview

$80.8k - $99.8k/yr

+ Variable Pay Program

Mid, Senior

No H1B Sponsorship

Chicago, IL, USA

Flexible, hybrid work environment

Category
IT Support
IT & Security
Required Skills
Communications
SQL
Customer Service
Linux/Unix
Connection
Connection
Connection
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Requirements
  • Bachelor’s degree or higher in Computer Science, Computer Engineering, Software Engineering, Business, Financial Services, Communications, or a related discipline preferred
  • 4+ years of experience in a securities-related or technical support position
  • Ability to participate in weekend testing, weekend system verifications and weekday off-hours support paging as required
  • Proficiency with Windows required
  • General comfort with SQL required
  • Proficiency with Linux required
  • Comfort with Agile Development Methodology required
  • Strong troubleshooting, problem-solving and customer service skills required
  • Excellent written and verbal communication skills required
  • Strong attention to detail required
  • Ability to organize and prioritize tasks and work assignments; complete multiple tasks simultaneously with accuracy and quality; adjust to changes in priorities and situations; complete work under pressure; meet deadlines
  • Vigorous desire to learn Cboe technology and to become an expert with respect to key market structure concepts
  • Ability to work well in a dynamic team-oriented environment
  • Experience with order-entry trading platforms required
  • Experience with trading related messaging and technologies such as FIX protocol and strong understanding of order life cycle related workflows required
  • Subject Matter Expertise (“SME”) within multiple critical operational areas
Responsibilities
  • Primary Support of Silexx platform and secondary support of other Cboe related platforms
  • Provide first level and world class support answering questions for Silexx and a variety of Cboe supported platforms and resolving customer issues related to APIs, trading and features/function using the “Deliver Plus One” standard
  • Provide timely and professional outbound communications (internal and external) servicing OSC support email queues and providing customer phone support
  • API Certification testing
  • Logical port creation and modification of default settings
  • Testing/understanding changes to systems and functionality prior to deployment
  • Investigate error logs and order trails, troubleshoot network issues and review relevant logs (e.g. FIX)
  • Support Silexx business teams with data/order type behavior requests
  • Assist third party clients with configuration set-up and troubleshooting
  • Support administrative system configuration changes (end user entitlements, routing rules, port & session creation)
  • Support of the Cboe Trading Floor
  • Support of Cboe related products and trading support applications (e.g. LiveVol, Index Platform, PAR, etc…)
  • Data mining and research
  • Perform daily system startup/shutdown checks
  • Monitor systems and keep dashboards green
  • Monitor database health tools
  • Options Product Management (i.e. new listings, maintenance, replacement, validation, and de-listings)
  • Options Intermarket Incident Calls (monthly tests)
  • Ad hoc project assignments
Desired Qualifications
  • Proficiency in Windows and Linux desired
  • Scripting and/or programming experience (e.g. C#, Java, Python) a plus

Cboe Global Markets operates a network of exchanges that focus on trading various financial instruments, including derivatives, foreign exchange, digital assets, and securities. The company provides a platform where different types of investors, such as institutional and retail investors, can execute trades. Cboe's trading solutions work by facilitating transactions between buyers and sellers, generating revenue through transaction fees and sales of market data. What sets Cboe apart from its competitors is its extensive experience in the market and its commitment to creating inclusive trading environments that allow a diverse range of investors to participate. The company's goal is to support the global economy by providing essential financial infrastructure and fostering opportunities for growth within the community.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Chicago, Illinois

Founded

1973

Simplify Jobs

Simplify's Take

What believers are saying

  • Cboe's expansion into ESG derivatives aligns with growing investor interest in sustainable investing.
  • The rise of retail trading platforms boosts demand for Cboe's options products.
  • Cboe's potential to introduce new digital asset derivatives taps into expanding cryptocurrency markets.

What critics are saying

  • Emerging digital asset exchanges threaten Cboe's market share with lower fees and innovations.
  • Decentralized finance platforms reduce demand for centralized exchange services like Cboe.
  • Regulatory scrutiny on cryptocurrency exchanges could increase compliance costs for Cboe.

What makes Cboe unique

  • Cboe offers a diverse range of trading solutions across multiple asset classes.
  • Cboe's S&P 500 EWI options provide unique exposure compared to traditional S&P 500 options.
  • Cboe Clear Europe enhances capital efficiencies with its new securities financing transactions service.

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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

Paid Holidays

Paid Parental Leave

Fertility Treatment Support

Professional Development Budget

Conference Attendance Budget

Company News

PR Newswire
Apr 14th, 2025
Cboe Begins Trading In Sp 500® Equal Weight Index Options On April 14, 2025

CHICAGO, April 14, 2025 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today announced it has launched for trading S&P 500 Equal Weight Index (EWI) options. The new options are the latest addition to Cboe's S&P 500 toolkit and provide investors additional choice and diversification opportunity through broad-based U.S. equity market exposure.The S&P 500 EWI (Bloomberg index ticker: SPW) is the equal-weight version of the S&P 500 Index, with each constituent of the S&P 500 EWI allocated a fixed weight of 0.2% of the index total at each quarterly rebalance. While including the same constituents, the S&P 500 EWI and the capitalization-weighted S&P 500 Index often differ in sector and factor exposures including smaller-cap vs. mega-cap stocks, momentum bias, and realized volatility.The S&P 500 EWI options are designed to provide different exposure and complement Cboe's S&P 500 Index (SPX) options, which are one of the most actively traded and liquid options in the world

PR Newswire
Apr 3rd, 2025
Cboe Global Markets Reports Trading Volume For March 2025

CHICAGO, April 3, 2025 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today reported March trading volume statistics across its global business lines and provided guidance for selected revenue per contract/net revenue capture metrics for the first quarter of 2025. The data sheet "Cboe Global Markets Monthly Volume RPC/Net Revenue Capture Report" contains an overview of certain March trading statistics and market share by business segment, volume in select index products, and RPC/net capture, which is reported on a one-month lag, across business lines

PR Newswire
Mar 31st, 2025
Cboe Clear Europe Clears First Securities Financing Transactions

Cboe Clear Europe launches clearing service for European SFTs in cash equities and ETFslaunches clearing service for European SFTs in cash equities and ETFs Natixis CIB and JP Morgan among first participants to use new serviceand among first participants to use new service Introduced to meet strong client demand for central clearing of SFTs, enhancing capital, operational and post-trade processing efficiencies amid evolving regulatory requirementsAMSTERDAM and LONDON, March 31, 2025 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today announces that Cboe Clear Europe has commenced clearing of European Securities Financing Transactions (SFTs). Natixis Corporate & Investment Banking acted as a Principal Lender against JP Morgan as a Borrower, as part of the first trades cleared through the new service.Cboe Clear Europe has leveraged its position as the largest pan-European clearing house for cash equities to bring this first-of-its-kind service to market, which represents a key step in the company's strategy to become a leading multi-asset class clearing house in the region. This service transforms the bilateral process for SFTs in European equities and ETFs into a centrally cleared model, helping to increase the capital efficiencies associated with activities such as securities lending and supporting the growth of this key market. In addition to the firms that have already used the service, a number of others - including banks, asset managers, broker-dealers, and Agent Lenders - have completed final testing in preparation for clearing.The service utilises BNY and JP Morgan as Tri-Party Collateral Agents, while Pirum serves as the transmitter of new trade instructions and post-trade lifecycle events on behalf of clients.Vikesh Patel, President of Cboe Clear Europe, said: "We're delighted to extend our clearing capabilities with this transformative service for European SFTs. This launch responds to strong client demand for a clearing solution to help improve the capital efficiencies associated with stock borrowing and lending activities – delivering significant benefits to all participants in this ecosystem, including asset owners which lend out inventory as a way of generating additional income for their members

Decrypt
Mar 27th, 2025
Bitcoin Options Worth $12 Billion Expire Tomorrow—Here'S What It Means

Although $12 billion worth of Bitcoin options contracts expire tomorrow—one of the largest quarterly expiries that derivatives exchange Deribit has seen—CEO Luuk Strijers says he expects volatility to be subdued.On Derebit alone, the March 28 expiry affects 45% of the open options contracts on the platform. The exchange currently has $27 billion worth of open interest in Bitcoin contracts, with the put/call ratio skewing slightly pessimistic at 0.52.A call option gives buyers the right, but does not oblige them to buy an asset at a set price before the option expires. Typically, traders open these contracts when they're expecting a price increase. A put option allows a trader to sell an asset at a set price before expiration. Traders tend to use them when they're expecting an asset's price to decrease.Analysts at Singapore-based crypto trading desk, QCP Capital, flagged $85,000 as the max pain point. Bitcoin was recently trading at $87,016, up 0.4% over the past 24 hours, according to data provider CoinGecko.But so far, indicators make it seem unlikely derivatives traders will be in for max pain."Deribit DVOL is currently at 47, which is relatively low—comparable to levels seen at the end of February and August 2024—signaling low implied volatility and limited expectations for sharp price action," Deribit's Strijers told Decrypt in an email.Source: DeribitThe Derebit Implied Volatility Index, or DVOL, uses current activity in options markets to predict price volatility in the next 30 days.It's a Bitcoin and Ethereum equivalent of the Cboe Volatility Index, or VIX, which measures the stock market's expectation of volatility based on SP 500 index options.Strijers sent his comment to Decrypt earlier this week, before U.S

Decrypt
Mar 21st, 2025
Bitcoin, Ethereum And Xrp Prices Spooked By 'Triple Witching' Volatility

Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENEBitcoin, along with most top coins, has taken a dip as investors brace for a "triple witching" dose of market volatility.At the time of publication, Bitcoin's price has shed 2.4% since yesterday, slipping below $84,000. The Ethereum price followed it, also dropping 2.4% to trade for $1,948.93, according to CoinGecko data.ETH hasn't been this low since November 2023, right before a Bitcoin rally helped it climb out of a months-long trough and back above $2,000.The XRP price has dropped by 5.2% since yesterday. Earlier this week, XRP saw a huge surge after Ripple Labs CEO Brad Garlinghouse said the SEC will soon drop its lawsuit against the company—though the regulator has yet to file paperwork to do so, and declined to comment on the matter when asked by Decrypt.What is triple witching?Triple witching describes the simultaneous expiry of stock index futures, stock index options, and stock options in traditional markets. Today marks the first of four such events in 2025.They always occur on the third Friday of March, June, September, and December. They're known to set off heightened volatility as traders rush to adjust and close positions before contracts settle at the end of the day.In rare events, it coincides with the expiry of single-stock futures and creates a quadruple witching day