Cboe Global Mark Stock Price, News & Analysis

Cboe Global Markets (CBOE) reported its July 2022 trading volume statistics, showing a significant increase in U.S. options trading. Average daily volume in SPX options hit an all-time high of 880k contracts, representing 42% of total SPX options volume. Canadian equities saw a record average daily volume with 1.09 million shares. European equities market share reached 24.7%, the highest since January 2016. Additionally, EuroCCP cleared a record 6.1 million sides in July, marking a 57.4% increase from June's figures.

Cboe Global Markets reported a strong second quarter for 2022, with net revenue reaching $424 million, up 21% year-over-year. Adjusted diluted EPS rose 21% to $1.67, despite a 278% decline in diluted EPS due to goodwill impairment. The company has increased its organic net revenue growth target for 2022 to 9-11% and for Data and Access Solutions to 10-13%. However, the digital asset market's downturn post-ErisX acquisition necessitated an accounting adjustment, reflecting a $220 million carrying value but not dampening Cboe's enthusiasm for digital assets.

Cboe Global Markets, Inc. (CBOE) announced on July 28, 2022, its initiative to migrate its data and analytics infrastructure to Snowflake's Data Cloud. This transformation aims to modernize Cboe's operations by enhancing speed, scalability, and efficiency in handling proprietary data. The migration will enable rapid analytics and improve operational capabilities for both internal teams and customers. Additionally, Cboe plans to utilize Snowflake for cybersecurity measures and explore new data products, reinforcing its commitment to cloud-based solutions.

Cboe Global Markets has expanded its Cboe Implied Correlation Index suite by introducing eight new volatility-related indices. These indices provide market participants insights into SPX options' implied volatility and correlation dynamics among S&P 500 stocks. This expansion aims to enhance risk management strategies by offering data across various maturities—one, three, six, nine, and twelve months—and delta skews. Intraday values for these indices are published in real-time, four times per minute, on the Cboe Global Indices Feed.

Cboe Global Markets (CBOE) reported trading volume statistics for June 2022, highlighting a 59.9% increase in index options contracts year-over-year. Overall, multiply-listed options rose slightly by 0.2%, while U.S. equities on-exchange grew by 9%. Notable achievements include a record average daily volume of 2.3 million for S&P 500 index options. The company indicated preliminary guidance for second-quarter RPC/net revenue capture, suggesting a stable trend across various product lines. Despite strong performance in certain areas, Canadian equities showed a significant decline of 19% compared to the previous year.

Cboe Global Markets (CBOE) announced a licensing agreement with Validus Macro Strategies aimed at enhancing its global index business. This collaboration allows Cboe to develop exclusive derivatives-based indices using Validus’ proprietary methodologies, starting with the Cboe Validus Dynamic Indices that will demonstrate active BuyWrite and PutWrite strategies. This initiative builds on Cboe’s established reputation in index innovation and seeks to meet increasing investor demand for sophisticated options-based strategies.

Cboe Global Markets (CBOE) is set to launch its FLEX Micro options contracts on June 27, 2022. These contracts feature a one-multiplier compared to the standard 100, allowing investors to hedge portfolios with greater precision. Available for key indices like SPX and RUT, FLEX Micro options provide a cost-effective way to gain exposure and execute hedging strategies. They will also be traded on the Cboe Options Exchange, improving efficiency and transparency compared to OTC markets. Senior VP Arianne Adams emphasized the demand for more precise hedging tools.

Cboe Global Markets (CBOE) announced that CFO Brian Schell and COO Chris Isaacson will present at Morgan Stanley's U.S. Financials, Payments & CRE Conference on June 14, 2022, at 9:30 AM ET. The presentation will be available via live webcast on Cboe's Investor Relations page. Following the event, the archived webcast will be accessible within an hour. Cboe is recognized for its innovative trading solutions across various asset classes globally, including equities, derivatives, and digital assets.

Cboe Global Markets, Inc. (CBOE) will announce its financial results for Q2 2022 before market opening on July 29, 2022. A conference call hosted by senior management will begin at 7:30 a.m. CT (8:30 a.m. ET). Investors can access the live audio webcast and presentation on Cboe's Investor Relations website. The replay of the call will be available shortly after its conclusion and accessible until August 5, 2022. Cboe is committed to providing innovative trading and investment solutions across various asset classes globally.