Giancarlo Saraceno Joins NIBA to Ring the Cboe Closing Bell

On February 3rd, Giancarlo Saraceno of EdgeClear will join members of NIBA on the trading floor at CBOE Global Markets in Chicago to ring the closing bell. This tradition stretches back to the earliest days of modern derivatives trading.

Giancarlo’s participation represents more than a ceremonial moment; it reflects the ongoing role that introducing brokers, industry organizations, and brokerage firms like EdgeClear play in supporting access, education, and continuity within the futures and options markets.

What the Cboe Closing Bell Represents

While most trading today happens electronically, the Cboe Closing Bell remains a powerful symbol of the market’s roots. Each trading day, at 3:15 p.m. CT, the bell is rung to signal the close of trading for select Cboe index options products. The ceremony takes place on Cboe’s historic Chicago trading floor, where open outcry once defined how markets operated.

A guest is invited to pull a ceremonial tassel, creating the unmistakable sound that marks the end of the session. Long before digital systems, bells like this served as the definitive signal that trading had stopped, allowing participants to step back, assess the day’s activity, and prepare for what comes next.

Today, the bell continues to serve that purpose symbolically. It connects modern markets to their origins and offers a moment of pause in an otherwise fast-moving financial landscape.

Why This Moment Matters

Being selected to ring the Cboe Closing Bell is a meaningful honor. For Giancarlo, it is an opportunity to represent both NIBA and EdgeClear on one of the most recognized trading floors in the world. For NIBA, it highlights the importance of the introducing broker community and its ongoing contributions to the futures and options ecosystem. For EdgeClear, it reflects the firm’s continued presence and engagement within the industry it serves.

A Tradition Rooted in Chicago

Chicago has long been a global hub for derivatives trading, and Cboe Global Markets remains central to that legacy. The Closing Bell ceremony serves as both a functional marker and a cultural one, acknowledging where markets have been while reinforcing their role today.

Even as technology continues to evolve, moments like this remind market participants that trading is not just about data and execution, but also about people, institutions, and shared standards built over decades.

Join Us on February 3rd

Tune in live to watch Giancarlo and members of NIBA ring the closing bell at CBOE on February 3rd.

For those who spend their days focused on charts, risk, and execution, this moment offers something different: a chance to step back and recognize the traditions that continue to shape today’s markets.