Cboe Global Mark Stock Price, News & Analysis

Cboe Global Markets reported strong trading volumes for September 2021, with a 17.4% year-over-year increase in multiply-listed options and a 39.1% rise in index options. Highlights include 34.9 million SPX options contracts traded, the highest since March 2020, and record daily volumes in Non-Deliverable Forwards. The projected average revenue per contract for multiply-listed options rose to $0.070. Cboe Europe launched a new derivatives marketplace, enhancing its offerings. However, U.S. equities on-exchange daily volume decreased by 6.4% compared to last year.

Cboe Global Markets (CBOE) announced the appointment of Bo Chung as Senior Vice President for Global Sales and Index Licensing, aimed at enhancing their Data and Access Solutions. Chung brings over 30 years of experience in financial services, having previously led sales at S&P Dow Jones Indices. Additionally, Michael Hollingsworth and Geralyn Endo were promoted to Vice Presidents in Risk and Market Analytics and Client Engagement, respectively. The leadership changes are intended to drive growth and market adoption for Cboe's extensive analytics and trading solutions.

Cboe Global Markets, Inc. (Cboe: CBOE) is set to announce its third-quarter 2021 financial results before market opening on October 29, 2021. The announcement will be followed by a conference call at 7:30 a.m. CT (8:30 a.m. ET), featuring remarks from senior management. Investors can access the live audio webcast and presentation on the Investor Relations section of Cboe's website. A replay will be available shortly after the call ends, accessible until November 5, 2021.

Cboe FX Markets, part of Cboe Global Markets (CBOE), has launched a hosted algorithmic execution service with XTX Markets to enhance FX trading. This service allows access to the XTX Markets Execution Algo, aimed at reducing implementation shortfall. Cboe FX holds exclusive rights to XTX Algo in the anonymous ECN space for popular FX pairs like EUR/USD and USD/JPY. Cboe FX reported an average daily trading volume of $34.5 billion in H1 2021, with a market share of 16.4%. The service will initially be available in New York, with plans for expansion to London.

Cboe Global Markets, Inc. (CBOE) announced that its CEO, Ed Tilly, has been appointed Chairman of the World Federation of Exchanges (WFE) as of September 9, 2021. Tilly, who has served in various capacities at Cboe for over 30 years, aims to enhance global market integrity and advocate for effective regulation during his two-year term. The WFE represents over 250 market infrastructures globally, overseeing a market capitalization exceeding $109 trillion. Tilly's leadership at Cboe has been marked by significant expansion through strategic acquisitions and product offerings.

Cboe Global Markets (CBOE) announced notable trading volume statistics for August 2021. The average daily volume (ADV) for multiply-listed options increased by 15.3% year-over-year, reaching 9,458 contracts. Index options also saw a rise of 28.4% to 1,775 contracts. However, U.S. equities on-exchange ADV declined by 7.2% to 1,269 million matched shares. Cboe's European block trading platform captured a record 30.6% market share. Additionally, record highs were reported in Russell 2000 Index options and average daily notional value in Non-Deliverable Forwards, indicating solid market performance overall.

Cboe Europe has successfully launched Cboe Europe Derivatives (CEDX), a new futures and options marketplace based in Amsterdam. Trading commenced on September 6, 2021, with contracts cleared by EuroCCP, enhancing trading efficiencies. CEDX offers products based on Cboe's European indices, such as the Cboe Eurozone 50. The launch represents a strategic move to broaden Cboe's offerings in the European equity derivatives market, aiming for future growth and diversification.

Cboe Global Markets (CBOE) will launch futures on the AMERIBOR Term-30 interest rate benchmark on September 13, 2021, pending regulatory review. The AMERIBOR Term-30, provided by the American Financial Exchange, offers a forward-looking short-term interest rate for financial institutions. These cash-settled futures are intended to help banks manage interest rate risks as they transition away from LIBOR. Cboe also plans to introduce AMERIBOR Term-90 futures later this year, further expanding their offerings in interest rate products.

Cboe Global Markets (CBOE) announced a 14% increase in its quarterly cash dividend to $0.48 per share for Q3 2021, up from $0.42 in the previous quarter. This marks the 11th consecutive year of dividend increases, reflecting the company's robust financial standing. The dividend is scheduled for payment on September 15, 2021, to shareholders recorded by August 31, 2021. CEO Ed Tilly emphasized ongoing growth strategies aimed at enhancing shareholder value.