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 (CBOE) reported strong financial results for Q3 2021, achieving double-digit year-over-year earnings growth driven by increased trading in proprietary products and high demand for data solutions. Key milestones included the launch of a European Derivatives platform and the integration of Chi-X Asia Pacific. The company plans to enter the digital asset market with the acquisition of ErisX and anticipates expanding trading options in the near future. Additionally, Cboe raised its full-year revenue growth targets, demonstrating confidence in ongoing strategic investments.
Cboe Global Markets, Inc. (CBOE) plans to list additional LEAPS® options on the S&P 500 Index (SPX) with expiration dates in December 2024, 2025, and 2026, starting November 1, 2021. These longer-dated options provide market participants with effective tools to manage risk over extended periods. The offerings target institutional investors and aim to facilitate trading in a regulated environment, enhancing price discovery and liquidity. Cboe has partnered with Optiver to ensure liquidity and client order flow for these listings.
Cboe Global Markets (CBOE) announced its new Cboe Global Cloud, launching on November 1, 2021, powered by Amazon Web Services (AWS). This real-time, cloud-based market data streaming service aims to improve access to Cboe's data for global market participants. It consolidates Cboe's data products onto a single platform, reducing inefficiencies associated with traditional methods. The service will initially offer access to U.S. Equities, Futures Exchange data, and Streaming Market Indices from the U.S., UK, and Hong Kong. Future expansions will cover more geographies and asset classes.
Cboe Global Markets (CBOE) has announced the launch of Nanos by Cboe, a new options contract aimed at making options trading accessible to retail traders. Set to debut with S&P 500 Index options in Q1 2022, Nanos contracts are significantly smaller, allowing traders to start small while developing their skills and confidence. This initiative addresses the barriers faced by retail investors due to standard contract sizes. Cboe also plans to complement this launch with an educational curriculum through the Cboe Options Institute.
Cboe Global Markets has declared a quarterly cash dividend of $0.48 per share for Q4 2021. This dividend is set to be paid on December 15, 2021, to shareholders of record as of November 30, 2021. Cboe continues to demonstrate its commitment to return value to shareholders while maintaining robust market operations across various asset classes in North America, Europe, and Asia Pacific.
Cboe Global Markets (CBOE) and MSCI Inc. have signed a licensing agreement that strengthens their collaboration and extends Cboe's rights to offer options trading on MSCI global indices through 2031. This agreement builds on their history of partnership and introduces opportunities to pursue new initiatives across capital markets, enhancing product offerings. Cboe will maintain rights to develop index options on key MSCI indices and will also be able to offer options on four new ESG indices. The collaboration aims to drive innovation and provide better tools for market participants, reinforcing Cboe's position in the derivatives market.
Cboe Global Markets has announced the acquisition of Eris Digital Holdings, LLC (ErisX), enhancing its presence in the digital asset sector. This move allows Cboe to enter the digital asset spot and derivatives markets, leveraging ErisX's regulated infrastructure and technology. The acquisition aims to address regulatory compliance and market transparency, positioning Cboe Digital as a competitive player in the cryptocurrency space. The deal, expected to close in the first half of 2022, will be financed through a combination of cash and increased debt, with no material financial impact disclosed.
Cboe Global Markets (CBOE) announced its upcoming Investor Day on November 16, 2021, from 8:30 a.m. to 11:30 a.m. CT at its headquarters in Chicago. The event will feature presentations by CEO Ed Tilly and senior leadership, focusing on company operations, strategy, and growth initiatives. Registration for the live webcast is available on Cboe's Investor Relations website, with in-person attendance by invitation only. Presentation materials will be accessible on the event date, along with an audio replay shortly thereafter.
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.