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1v1 Institutional Counterparty Comparison

Cboe vs LedgerX: Regulation, 6D Ratings & Safety Audit

Deterministic head-to-head benchmarking of Cboe (Cboe Global Markets) and LedgerX (LedgerX, LLC) across primary regulatory filings, statutory Tier-1 authorisations, 6-Dimension compliance scores, execution software, and warning exposure.

Coverage: Futures, options and derivatives providers

Cboe 6D Score
5.0
LedgerX 6D Score
5.0
Regulated Licences
0 vs 1
Warning Flags
0 vs 0
DETERMINISTIC QUANTITATIVE VERDICTCanonical Pair: cboe-vs-ledgerx

Cboe and LedgerX are statistically tied in composite 6D scoring (5.0 vs 5.0)

On supervisory breadth, Cboe holds 0 active regulated licence(s) (0 Tier-1) out of 0 total filings and 0 warning count(s), whereas LedgerX holds 1 active regulated licence(s) (0 Tier-1) out of 1 total filings and 0 warning count(s). Allocators should inspect the individual licence numbers and contracting legal entities below before onboarding.

6-Dimension Quantitative Scorecard Comparison

Head-to-head breakdown across all 6 proprietary evaluation dimensions (0.0–10.0 scale).

Evaluation DimensionMethodology WeightCboeLedgerXScore DeltaDimension Leader
Overall Composite 6D Score100% Composite5.05.00.0Statistical Tie
Regulatory & Licensing Integrity (riskScore)30% Weight6.05.0+1.0Cboe
Execution & Software Infrastructure (industryScore)20% Weight3.03.00.0Statistical Tie
User Reputation & Complaint Telemetry (userScore)20% Weight0.00.00.0Statistical Tie
Institutional Brand Longevity (brandScore)15% Weight6.05.0+1.0Cboe
Global Market Influence & Footprint (influenceScore)15% Weight5.05.00.0Statistical Tie

Visual Architecture Benchmark: Cboe vs LedgerX

Vector comparison exhibit generated from live supervisory snapshot metrics.

1v1 Institutional Counterparty Benchmark: Cboe vs LedgerX
Exhibit: Side-by-side regulatory and 6D quantitative comparison between Cboe and LedgerX.

Regulatory Standing, Entity & Platform Comparison

Structural comparison of supervisory authorisations, domicile, execution terminals, and risk telemetry.

Audit AttributeCboeLedgerX
Primary Legal NameCboe Global MarketsLedgerX, LLC
Source Risk ClassificationRisk level not suppliedRisk level not supplied
Active Regulated / Total Filings0 regulated / 0 total (0 Tier-1)1 regulated / 1 total (0 Tier-1)
Recorded Certificate NumbersNone on file
CFTC: Not supplied
Registered Domicile / Address17 State St, 31st & 32nd Floor New York, NY 10004US
Offered Asset Classes & ServicesOptions, SPX, VIX, futures, stocks, derivatives, ETPs, clearing, financial education and global FXMulti-asset financial services
Execution Software & TerminalsProprietary / Web PlatformProprietary / Web Platform
Supported Client LanguagesEnglishEnglish
Warning / Exposure Count0 recorded warning(s)0 recorded warning(s)
Specialized Sub-Page Audits

Compare Cboe and LedgerX against other regulated peers in our futures, options and derivatives providers slice.

Frequently Asked Questions: Cboe vs LedgerX

Deterministic counterparty comparison answers derived from supervisory records.

Which institution has stronger regulatory oversight: Cboe or LedgerX?

LedgerX holds more active regulated filings (1 vs 0). Specifically, Cboe maintains 0 total recorded filing(s) (none on file) with 0 warning flag(s), whereas LedgerX maintains 1 recorded filing(s) (CFTC) with 0 warning flag(s). Always confirm the specific subsidiary onboarding your account on the official regulator register.

How do the 6D quantitative compliance scores compare between Cboe and LedgerX?

In VolSurface Desk's 6-Dimension scoring matrix (0.0–10.0 scale), Cboe records an Overall Score of 5.0 (Risk & Licensing: 6.0, Brand: 6.0, Market Influence: 5.0, User Reputation: 0.0, Execution & Software: 3.0), compared with LedgerX at 5.0 Overall (Risk & Licensing: 5.0, Brand: 5.0, Market Influence: 5.0, User Reputation: 0.0, Execution & Software: 3.0).

How do Cboe and LedgerX differ in trading platforms and asset classes?

Cboe lists Options, SPX, VIX, futures, stocks, derivatives, ETPs, clearing, financial education and global FX with execution software [proprietary/web execution], while LedgerX lists general financial services with execution software [proprietary/web execution]. Counterparties should verify FIX/API connectivity, server routing topology, and negative balance protection per entity.

Which counterparty carries lower regulatory warning and complaint exposure: Cboe or LedgerX?

Cboe carries a "Risk level not supplied" classification with 0 warning/exposure count(s) and 0 user comment(s), while LedgerX carries a "Risk level not supplied" classification with 0 warning/exposure count(s) and 0 user comment(s).

Structured against supervisory register snapshots and public regulatory filings. Verify your contracting legal entity and current authorisation status directly on the issuing regulator’s official register before transacting.

Cboe vs LedgerX (2026) — Regulation, 6D Score, Safety & Fee Comparison | VolSurface Desk