Cboe Global Mark Stock Price, News & Analysis

Cboe Global Markets has finalized minority equity partnerships with thirteen firms for its Cboe Digital business, aiming for a trusted, regulatory-first approach to digital assets. This initiative leverages Cboe's market expertise and aims to create a resilient ecosystem for digital assets globally. Investor partners include notable firms like Interactive Brokers and Robinhood, who will benefit from Cboe Digital's growth. The company plans to develop a Digital Advisory Committee to guide market development, focusing on transparency and customer protection in digital asset trading.

Cboe Global Markets announced that Ed Tilly, CEO, will present at the Goldman Sachs 2022 U.S. Financial Services Conference.

The event is scheduled for December 7, 2022, at 11:20 a.m. ET in New York City. A live webcast and replay will be available on Cboe's website shortly after the presentation.

Cboe, ticker CBOE, is a leader in market infrastructure, offering trading solutions across various asset classes globally.

Cboe Global Markets (CBOE) announced the addition of three new Trading Participants to its pan-European equity derivatives exchange, Cboe Europe Derivatives (CEDX): Barak Capital Israel, Barak Capital Market Making B.V., and TTG Capital Limited. This expansion aims to enhance liquidity and transparency in the derivatives market, offering access to various equity index futures and options. CEDX plans to broaden its product range in 2023, contingent upon regulatory approvals. This move signifies Cboe's commitment to establishing a robust and efficient trading platform in Europe.

Cboe Global Markets has declared a quarterly cash dividend of $0.50 per share for Q4 2022. This dividend is payable on December 15, 2022, to stockholders of record as of November 30, 2022. The company remains committed to providing market participants with innovative trading solutions across multiple asset classes globally, affirming its status as a leader in market infrastructure.

Cboe Global Markets has rebranded EuroCCP to Cboe Clear Europe, effective immediately. This change signals its commitment to an open-access approach, now serving 47 trading venues and enhancing access to 95% of European equity trades. The volume of trades cleared through preferred providers surged to 40.5 million in 2022, up from 9.1 million in 2021. The rebranding aims to leverage Cboe's globally recognized name to facilitate growth and operational efficiencies. Cboe Clear Europe will continue offering diversified clearing services while operating as an independent subsidiary.

Cboe Global Markets reported substantial third quarter results, with diluted EPS of $1.41, up 26%, and adjusted diluted EPS rising to $1.74, an increase of 20%. Net revenue reached $442.4 million, reflecting a 20% growth. The company has raised its organic net revenue growth target for 2022 to 14-16%, up from 9-11%, while reducing adjusted operating expense guidance to $651-$659 million, down from $659-$667 million. The strong performance is attributed to growth in the derivatives market, data solutions, and cash markets, indicating robust ongoing demand.

Cboe Global Markets plans to launch trading of Mini S&P 500 Index (XSP) options during Global Trading Hours (GTH) starting December 11, 2022. This move will expand Cboe's current offerings, which include SPX and VIX options, enabling nearly 24-hour trading on business days. The introduction of XSP options allows traders to manage their positions with more precision and flexibility, catering to the growing demand for cash-settled, smaller-sized contracts. In October, Cboe reported record trading volumes, with over 60.8 million SPX options contracts and 1.3 million XSP contracts traded.

Cboe Global Markets (CBOE) reported record trading volumes for October 2022, with total U.S. options volume reaching 312.4 million contracts, the highest ever. Notably, S&P 500 Index options also hit records, achieving a monthly total of 60.8 million contracts. Cboe Europe Equities secured a market share of 26.5%, marking its highest position in Europe for the fourth consecutive month. Additionally, Canadian equities saw a significant increase of 189.9% year-over-year. These results indicate strong growth in various trading segments, enhancing Cboe's market resilience.

Cboe Global Markets (CBOE) signed a Memorandum of Understanding with SBI Holdings to explore collaboration in traditional and digital finance. This MoU aims to enhance resource sharing and create joint business opportunities, potentially expanding Cboe's footprint in Asia Pacific and allowing SBI to leverage Cboe's expertise in digital assets. Both companies recognize synergies in advancing the Japanese financial market and addressing investment behaviors among retail investors.