Cboe Global Markets

Cboe Global Markets, Inc. engages in the provision of trading and investment solutions to investors. It operates through the following business segments: Options, North American Equities, Futures, European Equities, and Global FX. The Options segment includes options exchange business, which lists for trading options on market indexes (index options), as well as on non-exclusive multiply-listed options. The North American Equities segment covers listed cash equities and ETP transaction services that occur on BZX, BYX, EDGX, and EDGA. The Futures segment comprises the business of futures exchange, CFE, which includes offering for trading futures on the VIX Index and bitcoin and other futures products. The European Equities segment relates to the pan-European listed cash equities transaction services, ETPs, exchange-traded commodities, and international depository receipts that occur on the RIE, operated by Cboe Europe Equities. The Global FX segment represents the institutional FX trading services that occur on the Cboe FX platform. The company was founded in 1973 and is headquartered in Chicago, IL.

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Cboe Global Markets reports record Q4 results and eyes global expansion

Cboe Global Markets delivered strong financial performance in Q4 2022, driven by robust revenue growth and market share gains.
The company's strategic focus on key segments like Derivatives and Data and Access Solutions positions it well for future growth.
While facing challenges in expense management and competitive markets, Cboe is leveraging opportunities through targeted investments and customer education.
Overall, Cboe's emphasis on revenue investments, global expansion, and shareholder value maximization underscores a positive outlook for the company.

Cboe Global Markets reports record earnings, expands product suite globally

Cboe Global Markets delivered strong financial results in Q1 2023, driven by the Derivatives business and successful product offerings. Despite challenges in Cash and Spot Markets, the company remains focused on long-term growth initiatives and expanding its product suite globally.

Cboe Global Markets excels in Q2, eyes growth through product expansion

Cboe Global Markets reported strong financial results, with revenue and EPS growth driven by derivatives and data businesses. Facing challenges from new competition, the company is strategically adjusting pricing and focusing on market share. Opportunities lie in ESG efforts, product expansion, and leveraging existing infrastructure for growth.

Cboe Global Markets reports record Q3 earnings and eyes European expansion

Cboe Global Markets delivered strong Q3 results, driven by derivatives business growth and strategic focus on capital allocation and talent development.
Despite market uncertainties and regulatory challenges, Cboe remains positioned for growth with innovation in product offerings and expansion into European markets.
Continued emphasis on operational efficiency, revenue growth, and customer-centric approach align with Cboe's strategic direction for sustained success.

Cboe Global Markets reports robust Q4 earnings and eyes global expansion

Cboe Global Markets' strong financial performance in Q4 2023 was driven by record trading volumes in Derivatives and growth in Data and Access Solutions.
While facing challenges in Cash and Spot Markets, the company's strategic focus on innovation and talent development positions it well for future growth.
With a focus on capital management, regulatory-friendly crypto market development, and global expansion, Cboe is poised for continued success in 2024 and beyond.

Cboe Global Markets reports strong Q1 results and focuses on growth opportunities

Cboe Global Markets' Q1 performance reflects solid growth and strategic initiatives driving earnings expansion. The company's focus on derivatives, data solutions, and disciplined capital allocation positions it well for future success. Challenges include managing onetime charges from digital realignment and regulatory uncertainties in the crypto market.

Cboe Global Markets reports record Q3 results, eyes retail growth

Cboe Global Markets delivered robust Q3 2024 results driven by strong performance in derivatives, cash markets, and international sales.
Strategic focus on core business growth, technology, and retail adoption presents opportunities for future revenue growth and market expansion.
Challenges lie in balancing investments for growth with financial management priorities and adapting to market uncertainties and regulatory changes.

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Cboe Global Markets, Inc. engages in the provision of trading and investment solutions to investors. It operates through the following business segments: Options, North American Equities, Futures, Europe and Asia Pacific, Global FX, and Digital. The Options segment includes the options exchange business, which lists trading options on market indexes and on non-exclusive multiply listed options. The North American Equities segment covers listed cash equities and ETP transaction services that occur on BZX, BYX, EDGX, and EDGA. The Futures segment refers to the business of futures exchange, CFE, which includes offering for trading futures on the VIX Index and bitcoin and other futures products. The Europe and Asia Pacific segment relates to the pan-European listed cash equities transaction services, ETPs, exchange-traded commodities, and international depository receipts that occur on the RIE, operated by Cboe Europe Equities. The Global FX segment represents the institutional FX trading services that occur on the Cboe FX platform. The Digital segment focuses on Cboe Digital, which operates a digital asset spot market and a regulated futures exchange. The company was founded in 1973 and is headquartered in Chicago, IL.

New options planned to be listed on front-month Cboe Volatility Index (VIX) futures Options-on-future structure designed to offer new way to manage market volatility Expansion of VIX complex aims to address global demand for hedging tools CHICAGO , Aug. 7, 2024 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today announced plans to launch options on Cboe Volatility Index (VIX) futures. The new options on VIX futures (VX) are expected to begin trading on Cboe Futures Exchange, LLC (CFE) on October 14, subject to regulatory review.

Cboe Announces Planned Launch of Options on VIX Futures, Further Expanding Volatility Product Suite

CBOE is a globally diversified exchange and data platform, offering options, futures, equities, and FX trading. Recent strong earnings with record net revenue, margin expansion, and strategic review focusing on capital allocation and talent management. Valuation appears fair; Initiating at HOLD.

Cboe Global: Diversified Exchange With Volatility Upside, But Valuation Looks Fair

Cboe Global Markets thrives in volatile times, benefiting from increased trading volumes, particularly in SPX options and VIX futures. Their business model capitalizes on market turbulence. The company's focus has shifted from M&A to organic growth, expanding its global reach and digital asset offerings. This strategic shift strengthens their position in key markets. CBOE continues to deliver strong shareholder returns through dividends and buybacks. Despite a slightly high valuation, its growth prospects make it a promising investment.

Dividend Printer Cboe - Capitalizing On Market Turmoil

CHICAGO , Aug. 5, 2024 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today reported July monthly trading volume statistics across its global business lines. The data sheet "Cboe Global Markets Monthly Volume & RPC/Net Revenue Capture Report" contains an overview of certain July trading statistics and market share by business segment, volume in select index products, and RPC/net capture, which is reported on a one-month lag, across business lines.

Cboe Global Markets Reports Trading Volume for July 2024

Cboe Global Markets, Inc. (BATS:CBOE ) Q2 2024 Earnings Conference Call August 2, 2024 8:30 AM ET Company Participants Ken Hill - Treasurer & Head, Investor Relations Fred Tomczyk - Chief Executive Officer Dave Howson - Global President Jill Griebenow - Chief Financial Officer Chris Isaacson - Chief Operating Officer Conference Call Participants Dan Fannon - Jefferies Patrick Moley - Piper Sandler Brian Bedell - Deutsche Bank Alex Kramm - UBS Financial Craig Siegenthaler - Bank of America Ben Budish - Barclays Owen Lau - Oppenheimer Kyle Voigt - KBW Stephanie Ma - Morgan Stanley Alex Blostein - Goldman Sachs Ken Worthington - JPMorgan Operator Thank you for standing by. My name is J.L.

Cboe Global Markets, Inc. (CBOE) Q2 2024 Earnings Call Transcript

The headline numbers for CBOE (CBOE) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

CBOE (CBOE) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Cboe Global's (CBOE) Q2 results reflect higher index options trading volumes, growth in market data and access and capacity fees, as well as improved EBITDA margins.

Cboe Global (CBOE) Q2 Earnings Surpass Estimates, Improve Y/Y

CBOE Global (CBOE) came out with quarterly earnings of $2.15 per share, beating the Zacks Consensus Estimate of $2.11 per share. This compares to earnings of $1.78 per share a year ago.

CBOE Global (CBOE) Beats Q2 Earnings Estimates

Second Quarter Highlights* Diluted EPS for the Quarter of $1.33, Down 15 percent, primarily due to the impairment of intangible assets recognized in the Digital reporting unit Adjusted Diluted EPS¹ for the Quarter of $2.15, Up 21 percent, which ties the quarterly record from the first quarter of 2024 Record Net Revenue for the Quarter of $513.8 million, Up 10 percent Increases Organic Total Net Revenue Growth2 Range for 2024 to 6 to 8 percent, from 5 to 7 percent; Anticipates Lower End of Data and Access Solutions Organic Net Revenue Growth Target2 of 7 to 10 percent Reaffirms 2024 Adjusted Operating Expense Guidance2 of $795 to $805 million CHICAGO , Aug. 2, 2024 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE) today reported financial results for the second quarter of 2024. "Cboe reported another strong quarter with record net revenue of $514 million, diluted EPS of $1.33, and adjusted diluted EPS1 of $2.15, up a robust 21% from the second quarter of 2023," said Fredric Tomczyk, Cboe Global Markets Chief Executive Officer.

Cboe Global Markets Reports Results for Second Quarter 2024

Cboe Global's (CBOE) Q2 results are likely to reflect higher volumes, growth in recurring non-transaction revenues, higher physical port fees and logical port fees and solid proprietary products.

Will Cboe Global's (CBOE) Beat Streak Continue in Q2 Earnings?

Besides Wall Street's top -and-bottom-line estimates for CBOE (CBOE), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2024.

Curious about CBOE (CBOE) Q2 Performance? Explore Wall Street Estimates for Key Metrics

NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, July 25, 2024 (GLOBE NEWSWIRE) -- Silver Crown Royalties Inc. (“Silver Crown”, “SCRi”, the “Corporation”, or the “Company”) is ‎pleased to announce that, effective at market open today, its common shares will be listed for trading on the Cboe Canada Inc. stock exchange (“Cboe Canada”) under the symbol “SCRI”. Peter Bures, Silver Crown's Chief Executive Officer, commented: “We are very excited to be listing on Cboe Canada, an innovative exchange that aligns with our vision.

Silver Crown Royalties Commences Trading on Cboe Canada

Newly redesigned product aims to bring OTC variance swaps trading to the exchange-listed market Simplifies trading and settlement, while offering benefits of price discovery, central clearing and liquidity Product addresses customer feedback and improves upon Cboe's previous variance futures offerings CHICAGO , July 22, 2024 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today announced plans to launch a newly redesigned Cboe S&P 500 Variance Futures contract (Ticker: VA), which is expected to begin trading on September 23, 2024, subject to regulatory review. The Cboe S&P 500 Variance Futures contracts will settle based on a calculation1 of the annualized realized variance of the S&P 500 Index.

Cboe Announces Planned Launch of New Cboe S&P 500 Variance Futures

NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, July 18, 2024 (GLOBE NEWSWIRE) -- Silver Crown Royalties Inc. (“Silver Crown”, “SCRi”, the “Corporation”, or the “Company”) is ‎pleased to announce that the Cboe Canada Inc. stock exchange (“Cboe Canada”) has granted conditional approval of the Company's listing application and that the common shares of the Company will be listed and commence trading on Cboe Canada at the open of the market on Thursday, July 25, 2024. Peter Bures, Silver Crown's Chief Executive Officer, commented: “We are thrilled to announce our conditional approval to list on Cboe Canada.

Silver Crown Royalties Receives Conditional Approval to Trade on Cboe

CHICAGO , July 9, 2024 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today announced the recipients of The Options Institute Research Grant Program for 2024, sponsored by S&P Dow Jones Indices (S&P DJI) and SpiderRock Advisors. The recipients for the grant programs are as follows: The Options Institute S&P Dow Jones Indices Fixed Income Index Ecosystem Research Grant: Siamak Javadi Dr. Ali Nejadmalayeri William Campbell The Options Institute SpiderRock Advisors Derivatives Solutions for Private Wealth and Institutional Investors Research Grant Anup Basu Adam Clements The Options Institute, Cboe's education arm, has been providing best-in-class investor education on the responsible use of options and trading strategies for more than 35 years.

Cboe Global Markets Announces Winners of the 2024 Options Institute Research Grant Program, Sponsored by S&P Dow Jones Indices and SpiderRock Advisors

Exchange operator CBOE Global Markets filed a request with the U.S. Securities and Exchange Commission on Monday seeking to list exchange-traded funds (ETFs) tied to cryptocurrency Solana, requiring the agency to make a decision by March.

CBOE files for SEC approval to list Solana ETFs, starts clock for required decision

First-of-its-kind, exchange-operated trajectory crossing service for European equities, enabling participants to source and match liquidity based on a standard VWAP methodology Offered through Cboe BIDS Europe, the region's largest block trading platform, utilising its proven conditional trade negotiation and execution workflow LONDON , July 8, 2024 /PRNewswire/ -- Cboe Europe, the largest pan-European stock exchange1 and a division of Cboe Global Markets, Inc. (Cboe: CBOE), today announced that it plans to launch Cboe BIDS VWAP-X, a new trading service allowing participants to source and match liquidity at a forward benchmark price. This service is scheduled to launch in early Q4 2024, subject to regulatory approvals.

Cboe Europe Announces Launch of Cboe BIDS VWAP-X, New Service Enabling Trading at VWAP Price

CHICAGO , July 3, 2024 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today reported June 2024 trading volume statistics across its global business lines and provided guidance for selected revenue per contract/net revenue capture metrics for the second quarter of 2024. The data sheet "Cboe Global Markets Monthly Volume & RPC/Net Revenue Capture Report" contains an overview of certain June trading statistics and market share by business segment, volume in select index products, and RPC/net capture, which is reported on a one-month lag, across business lines.

Cboe Global Markets Reports Trading Volume for June 2024

CHICAGO , July 2, 2024  /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, will announce its financial results for the second quarter of 2024 before the market opens on Friday, August 2, 2024. A conference call with remarks by the company's senior management will begin at 7:30 a.m.

Cboe Global Markets Announces Date of Second-Quarter 2024 Earnings Release and Conference Call

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Stock Picking Was 'Never' More Attractive: 3 Terrific Dividend Stocks To Buy

Approximately two months after Zefiro's Initial Public Offering (“IPO”) in April 2024, the Cboe Canada exchange is hosting a virtual “Investor Spotlight” event in which Zefiro Founder and CEO Talal Debs will be interviewed live on topics to include the impact of methane leaks, and why carbon offsets are expected to see continued high demand. Investors in attendance will also have the opportunity to submit their own questions during the event Approximately two months after Zefiro's Initial Public Offering (“IPO”) in April 2024, the Cboe Canada exchange is hosting a virtual “Investor Spotlight” event in which Zefiro Founder and CEO Talal Debs will be interviewed live on topics to include the impact of methane leaks, and why carbon offsets are expected to see continued high demand. Investors in attendance will also have the opportunity to submit their own questions during the event

Cboe Canada Hosting “Investor Spotlight” Featuring Zefiro Founder and CEO Talal Debs on Tuesday, June 25, 2024

Cboe Global's (CBOE) strong market position, global reach, proprietary products strength and solid capital position poise it well for growth.

Here's Why Hold Strategy is Apt for Cboe Global (CBOE) Stock

VIXTLT Index leverages Cboe's proprietary VIX® Index methodology, applied to highly liquid, listed options on the iShares® 20+ Year Treasury Bond ETF (TLT) Designed to provide a VIX Index-like measure for U.S. Treasury market volatility VIXTLT Index available in both percentage price volatility and basis point volatility terms New index complements Credit VIX Indices as Cboe expands its fixed income volatility index suite CHICAGO , June 17, 2024 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today announced plans to launch the Cboe 20+ Year Treasury Bond ETF Volatility Basis Point Index ("VIXTLT Index"). Using an adaptation of Cboe's proprietary VIX® Index methodology, the VIXTLT Index will be calculated using listed options on the iShares® 20+ Year Treasury Bond ETF (TLT) and provide market participants with the ability to track future (30-day) expected volatility in the U.S. Treasury market, the deepest and most liquid government securities market in the world.

Cboe Global Markets to Launch New U.S. Treasury Market Volatility Index (VIXTLT)

IMC joins Cboe Europe Derivatives as direct trading participant, gaining access to the exchange's suite of pan-European equity derivatives CEDX recently expanded its range of equity options and now offers contracts on over 300 European companies AMSTERDAM and LONDON , June 17, 2024 /PRNewswire/ -- Cboe Europe Derivatives (CEDX), Cboe's pan-European equity derivatives marketplace, today announces that IMC has become a new direct trading participant, gaining access to the exchange's range of pan-European index derivatives and equity options. Iouri Saroukhanov, Head of European Derivatives at Cboe Europe, said: "We are thrilled to welcome IMC to CEDX and further diversify the types of liquidity the exchange is offering to its institutional and retail participants.

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