Cboe Global Mark Stock Price, News & Analysis

Cboe Digital announced its appointment as an Ambassador to the Derivatives Market Institute for Standards, Inc. (DMIST), supported by the Futures Industry Association. This affiliation allows Cboe to participate in the development of industry standards aimed at enhancing the efficiency and resilience of the derivatives markets. John Palmer, President of Cboe Digital, expressed the company's commitment to supporting both traditional and alternative asset classes.

DMIST aims to establish common behaviors and workflows in the trade and clearing lifecycle. Cboe Digital’s innovative approach is recognized as a valuable addition to DMIST’s initiative.

Cboe Global Markets (CBOE) announced plans to launch the Cboe One Options Feed on March 1, 2023, pending regulatory approval. This service will provide consolidated, real-time options pricing from all four of Cboe's U.S. options exchanges, representing approximately 31% of U.S. options trading volume. The feed aims to meet the demand for a cost-effective alternative to current offerings, helping investors gain a comprehensive view of the options market. Cboe's data feed will aggregate the best bid and offer (BBO) of displayed orders for equity, ETF, and index options, catering to a growing base of investors using options-based strategies.

Cboe Global Markets (CBOE) announced on February 14, 2023, that its Cboe Europe Derivatives (CEDX) will expand to include single stock options on major European companies. Set for trading in November 2023, pending regulatory approvals, this initiative aims to enhance CEDX's position as a comprehensive equity derivatives exchange, offering products from 10 European nations initially. Additional countries are expected to follow in February 2024. The introduction of these options is anticipated to attract new market participants and improve operational efficiencies through on-screen market structures similar to those in the U.S. CEDX's derivatives marketplace has already shown growth, recording a trading high of 3,824 contracts in January 2023.

Cboe Global Markets has announced a quarterly cash dividend of $0.50 per share for the first quarter of 2023. This dividend will be paid on March 15, 2023, to stockholders on record as of February 28, 2023. Cboe strives to provide advanced market infrastructure and products across various asset classes, including equities and derivatives, globally. The company continues to focus on enhancing its trading solutions to support a sustainable financial future.

Cboe Global Markets, Inc. (CBOE) announced that Chairman and CEO Ed Tilly, along with CFO Brian Schell, will present at the Credit Suisse Financial Services Forum on February 15, 2023, at 8:35 a.m. ET. The presentation will focus on the company's advancements in market infrastructure and tradable products. Investors can access a live webcast and replay of the presentation in the Investor Relations section of www.cboe.com shortly after it concludes. Cboe is dedicated to providing innovative trading solutions across various asset classes globally.

Cboe Global Markets (CBOE) announced its trading volume statistics for January 2023, revealing a total of 291.8 million contracts traded across its U.S. options exchanges. Notably, S&P 500 Index options saw a total of 53.1 million contracts traded, with an average of 2.7 million contracts per day. In European Equities, Cboe achieved a market share of 25.1%, maintaining its position as Europe's largest stock exchange. However, U.S. Equity trading showed a decline in matched shares, with on-exchange activity down 20.6% from the previous year. Overall trading volume demonstrates both strength in index options and challenges in U.S. equities.

Cboe Global Markets reported a diluted EPS of $1.49 for Q4 2022, down 3%, and $2.19 for the full year, down 55%. However, adjusted diluted EPS for Q4 increased 6% to $1.80, while it rose 15% for the full year, reaching $6.93. Net revenue for Q4 reached $457.1 million, up 17%, and $1.7 billion for the full year, up 18%. The company has set an organic revenue growth target of 7-9% for 2023 and expects adjusted operating expenses between $769 million and $779 million, indicating ongoing investments for long-term growth. Cboe's CEO expressed optimism for 2023 as they celebrate their 50th anniversary.

Cboe Global Markets (CBOE) announced that Cboe Clear Europe has received permanent recognition from the Bank of England to operate as a central counterparty (CCP) in the UK, effective January 10, 2023. This approval allows Cboe Clear Europe to provide clearing services for cash equities and equity derivatives, alleviating post-Brexit uncertainties for UK-based clearing members. Cboe Clear Europe, an EU-authorized CCP, serves 47 trading venues and aims to enhance liquidity and operational efficiencies in the European market.

Cboe Global Markets, a prominent global market infrastructure provider, reported comprehensive trading volume statistics for December 2022 and the entire year. Key highlights include a record-breaking total options volume of 3.4 billion contracts in 2022, establishing an average daily trading volume (ADV) of 13.6 million contracts. Index options also showed remarkable growth, with a record of 714.7 million contracts traded. Notably, SPX options with zero days to expiry surged 83% in 2022. Projections for fourth-quarter revenue capture indicate minor declines across several product lines.