Welcome to our dedicated page for Cboe Global Mark news (Ticker: CBOE), a resource for investors and traders seeking the latest updates and insights on Cboe Global Mark stock.
Cboe Global Markets, Inc. (Cboe: CBOE) is frequently in the news for developments across its derivatives and securities exchange network. Company press releases regularly report monthly and annual trading statistics, product launches, and corporate updates related to its role in equities, options, futures, FX and clearing services.
News coverage often highlights trading volume reports, where Cboe publishes average daily trading volume (ADV), average daily notional value (ADNV), and market share across business lines. These updates cover multi-listed options, proprietary index options, futures, U.S. on-exchange and off-exchange equities, Canadian, European, Australian and Japanese equities, global FX, and Cboe Clear Europe cleared trades and settlements.
Investors and market participants can also follow announcements on new products and trading sessions. Recent examples include plans to extend Global Trading Hours for Russell 2000 Index (RUT) options, the launch of Cboe Magnificent 10 Index (MGTN) futures and options, and the introduction of Cboe Bitcoin and Ether Continuous Futures (PBT and PET) on Cboe Futures Exchange, subject to regulatory review.
Other Cboe news items include scheduling of earnings releases and conference calls, participation in industry conferences, and statements on regulatory developments such as leadership changes at the Commodity Futures Trading Commission. Together, these updates provide insight into Cboe's trading activity, product evolution and engagement with global markets and regulators.
This CBOE news page aggregates such company-issued announcements and related coverage, offering a centralized view of the latest reported trading statistics, product initiatives and corporate communications from Cboe Global Markets.
Cboe Global Markets announced that options on the Cboe Volatility Index (VIX) will trade electronically today due to a temporary closure of the VIX trading pit caused by water damage from a burst pipe. The trading floor remains open for all other options, including SPX and SPY products. Plans are in place to relocate the VIX trading pit to allow for floor trading to resume on December 28. A status update will be provided later today regarding the relocation.
Cboe Global Markets announced the appointment of Vikesh Patel as the new President of Cboe Clear Europe, effective early 2023, pending regulatory approval. He replaces Cécile Nagel, who stepped down in September. Patel brings over 15 years of experience, previously holding executive roles at SWIFT, LCH, Goldman Sachs, and Morgan Stanley. Under Cboe's ownership since July 2020, Cboe Clear Europe has grown significantly, achieving 47.7 million volumes in preferred clearing services in 2022, compared to 9.1 million in 2021, while also expanding into equity derivatives clearing.
Cboe Global Markets has elected Hillary A. Sale to its Boards of Directors for the Cboe U.S. Securities Exchanges, Cboe Futures Exchange, and Cboe SEF. This addition brings the total number of directors on each board to nine. Ms. Sale is a distinguished academic with roles at Georgetown University, and has prior experience on the FINRA Board of Governors. Cboe aims to leverage her expertise in leadership and corporate governance to enhance its multi-asset product strategy, as stated by CFO Brian Schell.
Cboe Global Markets (CBOE) will announce its fourth-quarter 2022 financial results on February 3, 2023, before the market opens. The company will host a conference call at 7:30 a.m. CT (8:30 a.m. ET) for discussion of the results. Investors can access the call through the Investor Relations section of the Cboe website. A replay will be available shortly after the call concludes, accessible until February 10, 2023.
Cboe Global Markets (CBOE) reported record trading volumes for November 2022 across its global business lines. U.S. options volume reached 313.4 million contracts, marking an all-time high. The Canadian Equities segment set a new monthly record of 28.2 million shares, while Global FX achieved a peak average daily volume of $15 billion. Cboe Europe Equities retained a market share of 24.7%, solidifying its position as Europe's largest stock exchange for the fifth month in a row. These results reflect robust trading activity and a growing market presence.
Cboe Digital has successfully completed a SOC 1 Type II audit of its clearing services platform, Cboe Clear Digital, solidifying its commitment to financial and operational controls in the cryptocurrency sector. Conducted by a prominent public accounting firm, the audit assessed the effectiveness of Cboe Clear Digital's transaction operations and reporting controls. In addition, Cboe Digital holds a SOC 2 Type II certification, focusing on system security and operational integrity. The exchange operates under licenses from the CFTC, enhancing confidence in its security protocols.
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.