Like their fellow practitioners around the world, floor traders at the Chicago Board Options Exchange have long communicated vital information via shouts and hand signals, the color and detailing on their jackets identifying their role, employer, and other crucial information. Behind the often raucous scene, however, predictive mathe­matical formulas—algorithms—play an increasingly important role in electronic trading. That paradigm shift prompted Cboe Global Markets, owners of the options exchange, the largest in the U.S., to replace its longtime home in Chicago’s financial district with a state-of-the-art headquarters. The company tapped CannonDesign to identify a suitable site for the new digs and design them. “Cboe sought a transformational environment,” begins design principal Mark Hirons, who led the com­mission with Meg Osman, Cannon project principal, “one that reflects its strength, global leadership, and pioneering innovation within the marketplace.” A hallway’s stainless steel wall installation by Luftwerk was inspired by wind patterns on nearby Lake Michigan. Read the full article here.

Chicago’s Volume Gallery is currently hosting an exhibition of new work by Saint Paul-based designer Jonathan Muecke. Known for elegant forms that are hyper-specific in scale and material, Muecke has expanded his visual vocabulary with this show, creating shapes without clear precedent but instantly intriguing. The show is on view through October 30th. View Design Miami’s roundup of design world news here.

The Milwaukee Art Museum has recently acquired Magical Thinking, 2020 by Christy Matson. Christy Matson lives and works in Los Angeles, CA. Recent exhibitions include the Cranbrook Museum of Art, Long Beach Museum of Art, Craft and Folk Art Museum Los Angeles, Museum of Contemporary Arts Houston, The Milwaukee Art Museum, The Knoxville Museum of Art, the Asheville Museum of Art, and The San Francisco Museum of Craft+Design. Matson’s work is in the collection of the Los Angeles County Museum of Art (LACMA), the Art Institute of Chicago and Smithsonian Museum of American Art’s Renwick Gallery as well as numerous corporate and private collections. Matson received her MFA from California College of the Arts in 2005 and her BFA from the University of Washington in 2001. In 2012 Matson was tenured and appointed Associate Professor of Fiber and Material Studies at the School of the Art Institute of Chicago.