Cboe Global Markets, Inc. reports developments across its global markets business, including derivatives, equities and FX trading, clearing and investment solutions. Recurring updates include monthly trading volume statistics, market share, revenue capture metrics, earnings releases and activity in proprietary index products such as S&P 500 Index options and the VIX Index.
Company news also covers Cboe's exchange operations, market-structure initiatives, regulatory engagement, strategic realignment actions and partnerships tied to its trading floor and market data services. The company traces its listed-options role to the launch of the first listed options exchange in 1973.
Cboe Global Markets (CBOE) has joined the Pyth Network, becoming the first major global exchange operator to do so. This partnership will allow Cboe to provide real-time derived market data for ten symbols from its U.S. equities market, aimed at supporting the decentralized finance (DeFi) sector. This move reflects Cboe's commitment to the digital asset ecosystem, enhancing its market data offerings and expanding access to institutional-grade pricing information. Cboe also recently rebranded its acquisition of ErisX, now known as Cboe Digital, further solidifying its position in digital assets.
Cboe Global Markets (CBOE) will release its third-quarter financial results on November 4, 2022, before market opens. A conference call with senior management is scheduled for 7:30 a.m. CT (8:30 a.m. ET) to discuss the results. The call will be available via a live audio webcast on Cboe's Investor Relations page, with a replay accessible afterwards. Cboe is a leading provider of market infrastructure and products across various asset classes globally.
Cboe Global Markets (CBOE) has announced its upcoming Global Risk Management Conference (RMC), set for October 17-21 in Reykjavik, Iceland. The conference will feature keynote speakers, Jimmy Chin and Chai Vasarhelyi, recognized filmmakers known for their adventure documentaries. The event will gather traders and investors globally to discuss various topics related to derivatives and digital assets, focusing on risk management and trading strategies. Attendees can expect insights from industry leaders and updates on Cboe's products.
Cboe Global Markets announced the expansion of its S&P 500 Index options suite with additional Tuesday and Thursday expirations, starting September 19 and 28, respectively. Volume for these options exceeded 44 million contracts since their launch, indicating robust demand. The Mini-S&P 500 Index options will also be introduced with daily expirations starting October 3 and 12. This initiative aims to enhance product variety for traders, responding to increasing interest in cash-settled options for managing market volatility. August saw a record 51.4 million SPX options contracts traded, up 82% year-over-year.
Cboe Global Markets has launched a suite of sustainable ETFs from Emerge, marking its first simultaneous listing on both U.S. and Canadian exchanges. The new Emerge EMPWR ETFs, managed by an all-women portfolio management team, aim to attract greater investor interest and liquidity. This launch follows Cboe's acquisition of NEO, enhancing its global equities platforms. The ETFs will trade on Cboe BZX Exchange in the U.S. and the NEO Exchange in Canada, reflecting Cboe's strategy for innovative and responsible investing.
Cboe Global Markets, Inc. (CBOE) announced that Ed Tilly and Brian Schell will present at the Barclays Global Financial Services Conference on September 12, 2022, at 12:00 p.m. ET. The presentation will cover the company's innovative trading and investment solutions. Interested parties can access a live webcast of the presentation at www.cboe.com, with the archived version available shortly after. Cboe is a leader in market infrastructure, offering diverse trading products across global markets.
Cboe Global Markets announced the launch of the ErisX Settlement Service, a solution aimed at eliminating settlement risk in over-the-counter (OTC) crypto transactions. This service provides institutional investors with a transparent platform to settle OTC trades with ErisX customers, enhancing operational efficiency. Matthew Trudeau, COO of ErisX, emphasized the marketplace's foundation in traditional finance, responding to customer demand for reduced settlement risk. The service is accessible through standardized API or a fully integrated Trading User Interface.
On September 6, 2022, Cboe Global Markets, Inc. (CBOE) announced record trading volumes for August 2022. The Cboe options exchanges reported a total volume of 307.5 million contracts, the highest recorded month. S&P 500 Index options reached 51.4 million contracts, also a record. Average Daily Notional Value in Global FX was $37.2 billion, marking an all-time high for August. Cboe Europe Equities led with a 24.2% market share, while Cboe Japan achieved a record 4.6% lit market share.
Cboe Global Markets is launching the Cboe One Canada Feed on September 12, 2022, a real-time market data solution providing comprehensive insights into the Canadian equities market. This offering includes coverage of over 230 securities listed exclusively on the NEO Exchange, marking Cboe's first Canadian data product. The Feed consolidates data from NEO and MATCHNow, which represent about 15% of Canada’s equities market share. Customers can access bundled pricing for both Canadian and U.S. market data, enhancing trading efficiency.
Cboe Global Markets (CBOE) has announced a group of equity partners set to invest in its digital business, Cboe Digital, previously known as ErisX. The partnerships involve notable firms like Interactive Brokers and Robinhood, aimed at enhancing digital asset market growth. A Digital Advisory Committee will be formed to collaborate on client-driven solutions for increasing digital asset adoption. These partnerships, expected to finalize soon, signal a robust commitment to building a regulated and transparent digital asset market, supporting a variety of products and services.