Cboe Global Markets Welcomes New Leaders for Derivatives and Data Vantage Operations
Cboe Global Markets Welcomes New Leaders for Derivatives and Data Vantage Operations
Cboe Global Markets, Inc. (Cboe: CBOE), the prominent derivatives and securities exchange network, has announced significant leadership changes within its organization. The company has appointed veteran industry professionals Rob Hocking and Brian McElligott to lead its Derivatives and Data Vantage businesses, respectively. These appointments are set to begin on October 1, 2025, aligning with Cboe's commitment to innovation and growth in the rapidly evolving financial landscape.
Leadership Profiles
Rob Hocking - Executive Vice President, Global Head of Derivatives
Rob Hocking brings a wealth of experience, having dedicated over 25 years to the global derivatives markets. His impressive background includes previous roles such as Senior Vice President and Global Head of Product Innovation at Cboe and Global Head of Equity Volatility Trading at DRW Trading. Hocking has a robust track record in developing innovative tradable products, including the widely recognized SP 500 Index options and VIX franchises. He expressed enthusiasm regarding his return to Cboe, emphasizing the firm’s pioneering role in derivatives innovation.
"I'm thrilled to be rejoining Cboe at such an exciting time," said Hocking. "Cboe has always been at the forefront of derivatives innovation, and I look forward to working with our talented team to continue driving growth and delivering value to our clients."
Brian McElligott - Senior Vice President, Global Head of Cboe Data Vantage
Brian McElligott joins Cboe with an extensive background in data and analytics, also spanning more than 25 years. McElligott previously held significant leadership positions at CME Group, where he served as Managing Director and Global Head of Information Products, Analytics, and Market Data. His experience extends to Tradeweb and Morningstar, where he focused on data product strategy and partnerships. McElligott’s expertise will be crucial for Cboe as it develops its market data services and analytics.
McElligott’s leadership is anticipated to drive the growth of Cboe’s data offerings.
Leadership Quotes
Craig Donohue, CEO of Cboe Global Markets, praised both Hocking and McElligott, stating, "Rob and Brian bring deep expertise in global markets, strong client and partner relationships, and a relentless focus on innovation. Their leadership will be instrumental in advancing our strategic priorities and accelerating innovation in our derivatives and data businesses during this pivotal moment in our industry."
Cathy Clay, the former Executive Vice President, Global Head of Derivatives, thanked the Cboe team for their collaboration during her tenure. "Working alongside the dedicated and visionary team at Cboe has been an extraordinary privilege," she stated. Clay departs for a new opportunity, leaving behind a legacy of strong leadership and growth in Cboe's derivatives and data sectors.
Looking Ahead
As Hocking and McElligott assume their new roles at Cboe's global headquarters in Chicago, they are set to contribute to the company’s long-term goals of innovation and broader market presence. Cboe remains committed to providing cutting-edge trading, clearing, and investment solutions across various asset classes globally, reinforcing its status as a leader in the derivatives market.
For additional information about Cboe's offerings and future initiatives, visit www.cboe.com.
In summary, Cboe's new appointments reflect its strategy to lead in the financial services market through experienced leadership and a mindset geared towards innovation and customer value.
Topics Financial Services & Investing）
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