Chicago Board Options Global Markets and S&P Dow Jones Indices announced on September 29 that they will extend the current exclusive licensing agreement between the two parties for 25 years to 2051. Under the new agreement, the Chicago Board Options Global Market will continue to have an exclusive trading license for S&P 500 index options. The two sides also plan to explore innovative opportunities other than traditional index derivatives, including new products such as tokenized options contracts.

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