Cboe Global Markets, Inc. reports developments across its global markets business, including derivatives, equities and FX trading, clearing and investment solutions. Recurring updates include monthly trading volume statistics, market share, revenue capture metrics, earnings releases and activity in proprietary index products such as S&P 500 Index options and the VIX Index.
Company news also covers Cboe's exchange operations, market-structure initiatives, regulatory engagement, strategic realignment actions and partnerships tied to its trading floor and market data services. The company traces its listed-options role to the launch of the first listed options exchange in 1973.
Cboe Global Markets (CBOE) reported October 2026 trading volumes, with proprietary index options reaching a monthly average daily volume record. Index options averaged 6.889 million contracts, up 25.0% year over year and 7.3% from September. Record averages included 5.5 million S&P 500 Index (SPX) options contracts and 303 thousand mini-SPX (XSP) contracts.
Multi-listed options averaged 14.253 million contracts, down 10.3% year over year. U.S. on-exchange equities fell 24.4% to 1,528 million matched shares daily, while off-exchange equities rose 14.9%. Canadian equities declined 21.8%; European equities increased 1.9%. Global foreign-exchange volume rose 9.5% year over year but fell 9.0% from September. Cboe Clear Europe cleared trades increased 13.4% year over year. Australian equities metrics were removed following the completed July 31, 2026 sale of Cboe Australia to TMX Group.
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Cboe Global Markets (CBOE) reported third-quarter 2026 diluted earnings per share of $4.08, up 43 percent from a year earlier. Net revenue rose 18 percent to $712.2 million, while adjusted diluted earnings per share increased 36 percent to $3.63. Operating income grew 44 percent to $534.3 million, including a $71.5 million net divestiture gain following the sale of Cboe Australia.
Cboe raised its 2026 organic total net revenue growth target to high teens from mid to high teens and its Data Vantage target to mid teens from low teens. It lowered adjusted operating expense guidance to $830–$845 million from $838–$853 million. Options revenue grew 23 percent, while futures revenue fell 5 percent. Cboe extended its exclusive S&P license through 2051 and received SEC approvals to list and clear company-KPI event contracts, with a November launch anticipated.
Cboe Global Markets (CBOE) announced that Cboe Clear U.S. received temporary SEC registration to expand its clearing capabilities to securities products. The registration adds to its existing authority to clear futures and swaps under the Commodity Futures Trading Commission.
Cboe plans to initially use the registration to clear binary securities options tied to specified corporate key performance indicators, or business performance measures. These options are planned to list on Cboe Options Exchange and be available on Robinhood in fourth-quarter 2026. Cboe Clear U.S. also recently received CFTC approval to clear margined futures broadly and continues to clear digital asset derivatives.
Cboe Global Markets (CBOE) increased its share repurchase authorization by up to an additional $550 million of outstanding common stock.
The board also declared a fourth-quarter 2026 cash dividend of $0.86 per share, payable December 15, 2026, to stockholders of record November 30, 2026. As of June 30, 2026, Cboe had $536.8 million available under existing repurchase authorizations. The repurchase program has no expiration date and does not obligate the company to purchase shares at any specific time.
Cboe Global Markets (CBOE) launched extended trading sessions for select single-stock and exchange-traded fund options on its Cboe Options Exchange. The launch covers options on 24 stocks and 5 ETFs, with weekday sessions from 7:30 a.m. to 9:25 a.m. ET and 4:00 p.m. to 4:15 p.m. ET. Through September, options on these underlying securities accounted for approximately 53% of average daily U.S.-listed options volume in 2026.
Several brokers are offering or plan to offer access. Separately, Cboe plans to launch equities trading 23 hours a day, 5 days a week on Cboe BZX Exchange on December 6, subject to industry readiness.
Cboe Global Markets (CBOE) will hire Catherine Grover as executive vice president and chief human resources officer, effective November 16, 2026. She will oversee the company's global human resources function, be based in Chicago and report to Chief Executive Officer Craig Donohue. Cboe said her role will focus on aligning talent and workforce strategies with its next phase of growth.
Grover joins from PNC Financial Services Group, where she spent more than 29 years in human resources leadership and business roles. Most recently, she served as executive vice president, human resources, advising senior leadership and leading HR Business Partner teams supporting approximately 55,000 employees. She previously oversaw elements of PNC's enterprise talent strategy, including recruitment and development.
Cboe Global Markets (CBOE) reported September trading volumes, with index options average daily volume rising 22.3% year over year. Index options averaged 6.422 million contracts daily, while global foreign-exchange volume rose 26.6% to $66,363 million daily. U.S. on-exchange equity volume fell 14.7%, and Canadian equity volume declined 14.2% year over year.
Third-quarter multi-listed options averaged 15.3 million contracts daily, the second-best quarter. S&P 500 Index options expiring the same day set daily-volume records of 3.2 million contracts for the quarter and 3.4 million for September. Cboe projects third-quarter revenue per contract of $0.952 for index options, $0.052 for multi-listed options and $1.712 for futures; these estimates are preliminary and may change. The completed sale of Cboe Australia to TMX Group on July 31, 2026, removed Australian equity metrics from the report.
Cboe Global Markets (CBOE) plans to launch contracts tied to company performance measures in October 2026, subject to regulatory approval. The binary options would let investors take positions on specific company metrics and corporate events. Initial listings are planned for 23 U.S.-listed companies, with Robinhood as the first retail broker offering them at launch. The proposed products would trade on Cboe's registered U.S. securities exchange under SEC regulation.
Cboe plans to charge no fees through the end of 2026, subject to regulatory review; Robinhood will also offer fee-free access through year-end. Cboe Clear U.S. has applied to the SEC for temporary registration as a Covered Clearing Agency to clear the contracts, subject to approval. Following initial registration, it may pursue further clearing services, potentially including tokenized binary security options, subject to regulatory approval.
Cboe Global Markets (CBOE) signed a 25-year extension of its exclusive licensing agreement with S&P Dow Jones Indices.
The agreement runs through 2051 and leaves 2026 royalty fee terms unchanged. Updated terms begin in 2027. Cboe estimates they will have a de minimis impact on 2027 net revenue growth when considered against volume growth, pricing opportunities and business execution. The company expects later royalty adjustments to be smaller than the 2027 reset and plans to give more specific 2027 organic total net revenue guidance with its fourth-quarter earnings in February.