Former head of options at the New York Stock Exchange Meaghan Dugan has joined Cboe as head of US options.
NYSE confirmed that Dugan had left the firm in September, but declined to comment further. She had been head of options at the firm since August 2022, before which she was a senior director at the Intercontinental Exchange.
As part of his role as head of markets, Kevin Tyrell now oversees the options division, NYSE has confirmed.
READ MORE: Meaghan Dugan leaves NYSE head of options role
Earlier in her career, Dugan was a director at Merrill Lynch and vice president of electronic trading at Morgan Stanley.
Dugan’s appointment is the latest in Cboe’s expansion of its derivatives team, with recent hires made across the US, EMEA and APAC in sales and market intelligence roles.
Catherine Clay, global head of derivatives, commented: “Customer demand for accessing Cboe’s derivatives markets and products has continued to grow rapidly, and in many ways, our hiring mirrors our customers’ evolving needs: expanding globally, while requiring tailored solutions for individual markets.
“Having local teams on the ground, supported by world-class research and content, is expected to further deepen our customer engagement and grow our global client base.”
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