Cboe Global Markets reported record monthly average daily volume in its proprietary index options for October, with 6.9 million contracts traded daily. S&P 500 Index options set a monthly average daily volume record of 5.5 million contracts, and the two busiest days in Cboe index options history both occurred during the month.
Chicago-based CME Group reported a record average daily volume of 30 million contracts in October, a 15 percent increase over the same month in 2025, led by a 28 percent surge in interest rate products. The milestone marks record October volume across four asset classes at the world’s largest derivatives marketplace.
Radio host Jeannie Ives and former Illinois state Sen. Rickey Hendon clashed on air Wednesday over gas prices and taxes, reflecting a divide between official economic statistics and voters’ personal financial experience.
Chicago-based Cboe Global Markets joined a legal challenge to the CFTC’s approval of single-stock perpetual derivatives contracts, calling the move a threat to investor protections governing U.S. securities markets for more than 90 years. The action seeks to block the CFTC-approved contracts from trading and resolve what Cboe CEO Craig Donohue described as improper regulatory arbitrage.
Farmer sentiment improved in October as the Purdue University/CME Group Ag Economy Barometer rose three points to 126, driven by a 16-point jump in the Index of Current Conditions. Concerns about trade policy persisted, however, with just 35 percent of farmers now believing increased tariffs would strengthen the agricultural economy long term.
BMO announced a new partnership with global travel insurance provider Redion to expand its travel insurance offerings, giving customers flexible coverage options and a digital purchasing platform. The collaboration enhances the insurance portfolio for groups and individuals under BMO Insurance, the bank’s Chicago-based insurance arm.
Chicago-based Motorola Solutions deployed an AI-driven security system at a new high-security penitentiary in Santa Fe, Argentina, connecting video analytics, body cameras, biometric sensors and smart scanners into a single platform. The deployment has contributed to an 80 percent reduction in cell occupancy at local police stations, which had been overwhelmed by detainees from overcrowded facilities.
Chicago-headquartered Hyatt Hotels Corporation signed a management agreement to develop a 140-room Hyatt Regency resort on Pulau Kapal Besar, a private island in Indonesia’s Riau Islands province, anticipated to open in 2031. The project marks the debut of the Hyatt Regency brand in the Riau Islands and expands the company’s footprint in Southeast Asia’s growing resort market.
Illinois lawmakers are advancing HB5828, known as EDGE Essentials, which would create payroll withholding tax credits for independently owned grocery stores and pharmacies in food and pharmacy deserts to help small retailers stay open in underserved communities.
Exelon Corporation posted third-quarter 2026 adjusted operating earnings of $0.87 per share and narrowed its full-year guidance to $2.85 to $2.91 per share, citing disciplined grid investment and reliability gains across its six regulated utilities.