Cboe Global Mark Stock Price, News & Analysis

Cboe Global Markets (CBOE) has successfully migrated its Financially Settled Bitcoin (FBT) and Ether (FET) futures from Cboe Digital Exchange to Cboe Futures Exchange (CFE) on June 9, 2025. This consolidation brings all of Cboe's U.S. futures products onto a single exchange powered by Cboe Titanium technology platform. The futures will continue to be centrally cleared through Cboe Clear U.S., establishing a direct clearing relationship that positions Cboe for expanded global clearing capabilities. The FBT and FET futures, which launched in January 2024, are cash-settled based on the Cboe Kaiko Rate Index and will be available for trading nearly 24x5. This migration is expected to provide customers with greater efficiencies, seamless access, and enhanced liquidity while joining CFE's existing product suite that includes VIX futures and Cboe FTSE Bitcoin Index Futures.

Cboe Global Markets reported its May 2025 trading volume statistics, showing mixed performance across its global business lines. Multiply-listed options ADV increased 27.6% YoY to 12.7M contracts, while index options rose 14.7% to 4.3M contracts. U.S. equities on-exchange volume grew 30.7% to 1.86B shares, and off-exchange volume surged 62% to 128M shares. European equities trading saw a significant 40.2% increase to €12.1B. However, some segments showed declines: futures contracts decreased 22.5%, Japanese equities fell 32.4%, and Canadian equities dropped 3.6%. Global FX trading volume increased 17.8% to $51B, while Cboe Clear Europe cleared trades grew 27.4% to 123.1M.

Cboe Global Markets (CBOE) announced that Global President Dave Howson will step down effective August 1, 2025, to return to the UK after three years in Chicago. The company is restructuring its leadership with expanded roles for two executives:

Cathy Clay, EVP and Global Head of Derivatives, will add oversight of Cboe Data Vantage to her current responsibilities managing equity and index options and futures. Chris Isaacson, EVP and COO, will expand his current Technology, Operations and Risk duties to include oversight of Cash Equities, Global FX and Clearing. CEO Craig Donohue will assume the additional title of President following Howson's departure.

Cboe Global Markets (CBOE) has expanded its Data Vantage business in Asia Pacific with two key appointments: Junichi Nakagawa and Samuel Zou as Sales Directors. Nakagawa will focus on market data sales in Japan, while Zou will lead analytics and indices businesses from Singapore.

The expansion reflects strong international demand, with 55% of Data Vantage's new data sales in Q1 2025 coming from outside the U.S. The company has also received regulatory approval to sell market data in China. Cboe operates 27 markets across five asset classes globally and plans to offer 24x5 trading in U.S. equities, pending regulatory approvals. The company's data is available through Cboe Global Cloud and recently launched on Snowflake Marketplace, reducing infrastructure costs for international investors.

Cboe Global Markets (CBOE) has announced a quarterly cash dividend of $0.63 per share for Q2 2025. The dividend will be paid on June 13, 2025, to shareholders who are on record as of May 30, 2025. This announcement comes from the world's leading derivatives and securities exchange network's Board of Directors.

Cboe Global Markets (CBOE) held its 2025 Annual Meeting on May 6, 2025, where shareholders voted on several key proposals. All 12 board of director nominees were re-elected to serve one-year terms expiring in 2026. Shareholders approved multiple significant measures including: a non-binding resolution on executive compensation, the ratification of KPMG LLP as the independent auditor for 2025, the Third Amended and Restated Long-Term Incentive Plan which increases share reserve by 3,000,000 shares, and a stockholder proposal regarding political spending.

Cboe Global Markets reported strong trading volumes for April 2025, with notable growth across multiple segments. U.S. Options showed remarkable performance, with proprietary index options reaching 5.1 million contracts ADV, marking the second-best month on record. On April 4, several records were broken, including total U.S. options volume of 31.0 million contracts and SPX options volume of 6.0 million contracts. Key year-over-year growth metrics include: multiply-listed options up 29.7%, index options up 17.0%, U.S. equities on-exchange volume up 61.7%, European equities up 65.8%, and Global FX up 27.4%. Notable declines were observed in Japanese equities, down 24.3% year-over-year.

Cboe Global Markets (CBOE) reported strong first quarter 2025 results with several record-breaking metrics. The company achieved record quarterly net revenue of $565.2 million, up 13% year-over-year, and record diluted EPS of $2.37, a 21% increase. Adjusted diluted EPS reached a record $2.50, up 16%. The company's Options segment led growth with record revenue of $352.4 million, up 15%. Based on strong performance, Cboe increased its 2025 organic total net revenue growth target to mid to high single digits from mid single digits, while reaffirming its adjusted operating expense guidance of $837-852 million. Operating margin improved to 62.6% from 56.2% in Q1 2024, and the effective tax rate remained stable at 28.4%.

Cboe Global Markets (CBOE) has appointed Craig S. Donohue as its new Chief Executive Officer and Board member, effective May 7, 2025. Donohue, a veteran with over 30 years of experience in global financial markets, succeeds Fredric Tomczyk, who will remain on the Board. Donohue's extensive background includes serving as CEO at CME Group for eight years and as Chairman of the Board at OCC, where he also held the CEO position from 2016 to 2019. Tomczyk will transition to an advisory role through June 2025 to ensure a smooth leadership transition.