Cboe Global Mark Stock Price, News & Analysis

Cboe Global Markets (CBOE) has successfully completed the migration of Cboe Canada's NEO Trading Platform to its Cboe Titanium technology platform on March 3, 2025, marking the end of a 15-month integration effort. The migration included the NEO-L, NEO-N, and NEO-D trading books, unifying them with MATCHNow on a single platform.

The technology upgrade positions Cboe Canada to enhance its market presence and expand trading solutions in the Canadian market. The migration also included relocating Cboe Canada's primary and secondary data centers to new facilities in Toronto and Chicago. Key improvements include redesigned opening and closing auctions, the introduction of Canada's only equity binary order entry protocol, and latency equalization capabilities.

Cboe Global Markets (CBOE) reported record-breaking trading volumes for February 2025. The company achieved an all-time high U.S. Options Average Daily Volume (ADV) of 18.0 million contracts across its four U.S. options exchanges, including a record multiply-listed options ADV of 13.6 million and S&P 500 Index (SPX) options ADV of 3.5 million contracts.

Notable single-day records were set on February 21, including total U.S. options volume of 25.7 million contracts, SPX options volume of 4.7 million contracts, and 2.6 million zero-days-to-expiry SPX contracts. The company's futures segment saw its largest block trade of 2,200 contracts in iBoxx iShares Investment Grade Corporate Bond Index futures. Additionally, Cboe Europe's block trading platform achieved monthly records with €15.4 billion total notional traded and €771.3 million average daily notional value.

Cboe Global Markets (CBOE) has announced a quarterly cash dividend of $0.63 per share for the first quarter of 2025. The dividend will be paid on March 14, 2025, to shareholders who are recorded as stockholders as of February 28, 2025. The announcement comes from the world's leading derivatives and securities exchange network's Board of Directors.

Cboe Global Markets (CBOE), the world's leading derivatives and securities exchange network, has announced its participation in the BofA Securities 2025 Financial Services Conference in Miami, Florida. The presentation is scheduled for Wednesday, February 12 at 12:10 p.m. ET.

Key executives participating in the presentation include Fredric Tomczyk (Chief Executive Officer), Jill Griebenow (Executive Vice President and Chief Financial Officer), David Howson (Executive Vice President and Global President), and Chris Isaacson (Executive Vice President and Chief Operating Officer).

Investors and interested parties can access the live webcast and replay of the presentation through the company's investor relations website at ir.cboe.com under Events and Presentations. The archived webcast will be made available approximately one hour after the presentation concludes.

Cboe Global Markets (CBOE) reported its Q4 and full-year 2024 financial results, showing mixed performance. The company achieved record net revenue of $2.1 billion for the full year, up 8% from 2023, while Q4 net revenue reached $524.5 million, increasing 5% year-over-year.

Q4 diluted EPS decreased 6% to $1.86, while adjusted diluted EPS grew 2% to $2.10. For the full year 2024, diluted EPS increased 1% to $7.21, and adjusted diluted EPS rose 10% to a record $8.61.

The company's growth was balanced across all segments: Derivatives Markets net revenue up 8%, Data Vantage net revenue up 7%, and Cash and Spot Markets net revenue up 10% in 2024. Looking ahead to 2025, Cboe projects mid-single-digit organic total net revenue growth and mid-to-high single-digit Data Vantage organic net revenue growth, with adjusted operating expense guidance of $837-852 million.

Cboe Global Markets (CBOE) has reported significant trading volume growth across most business segments in January 2025. Multiply-listed options saw a 24.5% increase year-over-year to 13,151k contracts ADV, while index options rose 10.1% to 4,535k contracts ADV. The S&P 500 Index (SPX) options achieved their second-best month ever with 3.46 million contracts ADV.

Notable increases were observed in European Equities (20.9% YoY), Japanese Equities (19.7% YoY), and Global FX (12.3% YoY). The company set new records in short-dated options and global trading hours, including a single-day record of 2.42 million 0DTE SPX contracts on January 31 and 253,000 SPX contracts during global trading hours on January 27.

However, some segments showed declines, with Futures dropping 4.0% and Australian Equities declining 3.5% compared to January 2024.

Cboe Global Markets (CBOE) has appointed Meaghan Dugan as Head of U.S. Options, marking a significant expansion of its Global Derivatives team. Dugan, who brings over 20 years of experience in listed options trading and market making, will oversee business strategy, competitive positioning, and market development for Cboe's U.S. options business.

The company has also made several key appointments across regions: Steven Jorgensen as Head of Derivatives Sales for Europe and Middle East, Jason Beck as Senior Director of Derivatives Sales, and multiple appointments in the APAC region including Hiroshi Okitsu, James Paik, Lydia Stringer, and Vincent Wang. The Derivatives Market Intelligence team was strengthened with Henry Schwartz and Ed Tom joining in leadership roles.

These strategic hires aim to address increasing global client demand for Cboe's derivatives markets and products, with a focus on expanding the company's global presence while providing tailored solutions for individual markets.

Cboe Global Markets (CBOE) has announced the launch of its Global Indices Feed on Snowflake Marketplace, expanding cloud-based access to its index data. The service provides end-of-day summary data and tick data from seven feed channels, including the renowned VIX Index and other proprietary indices developed with partners like S&P Dow Jones, FTSE Russell, and MSCI.

The integration allows users to access comprehensive market data through Cboe DataShop, featuring open, high, low, and closing values, as well as real-time tick data throughout the trading day. This initiative is part of Cboe's broader digital transformation, which includes migrating its proprietary data and analytics to the Snowflake AI Data Cloud platform to enhance data storage and analysis capabilities.

Market participants can utilize this data for various purposes, including market sentiment analysis, performance modeling, back-testing strategies, and portfolio risk identification.

Cboe Global Markets (CBOE) has unveiled its newly branded exchange technology platform, Cboe Titanium (Cboe Ti), marking a significant milestone in its technological evolution. The platform powers Cboe's options, equities, and futures markets across the U.S., UK, Europe, Japan, and Australia.

Cboe Canada is scheduled to migrate to Cboe Ti on March 3, 2025, while cash-settled bitcoin and ether futures contracts will transition to the Cboe Futures Exchange running on Cboe Ti in Q2 2025. The platform maintained 100% uptime across 25 of its 27 global platforms and achieved over 99.9% uptime across all platforms during 2024's heightened volatility.

Notable improvements include a new access architecture for U.S. options handling approximately 100 billion quotes and orders daily, and the introduction of Dedicated Cores service, which reduced latency by 60% in the U.S. and is expanding to other regions.