CHICAGO – January 20, 2026 – Cboe Global Markets, Inc. (Cboe: CBOE), the world’s leading derivatives and securities exchange network, today issued the following statement:
Cboe Global Markets mourns the loss of Edward J. Joyce, former President and Chief Operating Officer of Cboe, who passed away on January 15. Cboe extends its heartfelt condolences to the Joyce family and expresses sincere gratitude for Joyce’s significant contributions to Cboe and the U.S. options industry throughout his distinguished 38-year career.
Craig Donohue, Chief Executive Officer at Cboe, said: “On behalf of all of Cboe, we are deeply saddened to lose a visionary leader like Ed Joyce. He joined Cboe shortly after its founding and over the next four decades, played a monumental role in shaping the evolution of not only Cboe, but the options industry. He was a friend and mentor to many and left an indelible mark on Cboe. On a personal note, I worked with Ed on numerous occasions during my time at CME Group and had the utmost respect for Ed. Few could match his business acumen and love for our industry. Nobody knew the business better or was more passionate than Ed. He was a true titan in our industry, and his contributions were many and long-lasting.”
Joyce served as Cboe President and Chief Operating Officer from 2000 to 2011. Throughout his 38-year career, he held positions of increasing responsibility in the areas of trading procedures, operations, and business development. Joyce began his career in 1974 as a trading post coordinator on the trading floor of the then Chicago Board Options Exchange. He assumed responsibility for floor operations in 1978 and was named the Executive Vice President of Trading Operations in 1987. He later served as Executive Vice President in charge of business development, responsible for client relationship management and member trading services, along with marketing and The Options Institute, Cboe’s educational arm. Among his many accomplishments, he played a significant role in guiding the creation of Cboe’s hybrid trading model and Cboe’s VIX Index product line.
Joyce served on the board of directors of the Options Clearing Corporation (OCC) for many years, as well as on the boards of the Cboe Futures Exchange (CFE), National Stock Exchange, OneChicago, and on the advisory board of the Illinois Council on Economic Education. Joyce was also a leading advocate for Cboe’s civic and philanthropic endeavors, actively involved in many Cboe-supported charities including the United Way, the Greater Chicago Food Depository, and the Working in the Schools (WITS) program.
In 2012, Joyce was awarded the Joseph W. Sullivan Award at the Options Industry Conference, the industry’s highest individual award and named after Cboe’s Founder and first President, recognizing the significant contributions he made to the options industry throughout his 38-year career.
Cboe will hold a moment of silence on its trading floor in Joyce’s honor prior to the opening bell on Wednesday, January 21.
