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DEFINITION of 'Chicago Board Options Exchange - CBOE' Founded in 1973, the CBOE is an exchange that focuses on options contracts for individual equities, indexes and interest rates. The CBOE is the world's largest options market. It captures a majority of the options traded. It is also a market leader in developing new financial products and technological innovation, particularly with electronic trading.
A: The CB in CB Scheme stands for Certification Body. The official name of the CB Scheme is actually the Scheme of the IECEE for Mutual Recognition of Test Certificates for Electrical Equipment..: How does the CB Scheme work? A: A manufacturer applies to any of the participating National Certification Bodies (NCBs) for a CB Test Certificate (Intertek has three NCBs: Toronto, Canada, Cortland, NY United Kingdom, and Stockholm, Sweden).