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 reported strong trading volume metrics for March 2021, achieving a record 266 million options contracts traded, contributing to a quarterly record of 773 million contracts. Noteworthy highlights include a 19% sequential increase in average daily volume for index options and significant growth in VIX futures volume. However, U.S. equities exchange-matched volume for Q1 is anticipated to be lower than average due to a shift in share pricing. Revenue capture is expected to vary across segments, with mixed guidance for options and equities.
Cboe Global Markets has received SEC approval to introduce periodic auctions on the Cboe BYX Equities Exchange, expected to launch in Q3 2021. This innovative intraday auction mechanism aims to enhance liquidity and execution opportunities for investors, allowing them to interact with natural liquidity and execute larger orders with minimal market impact. Unlike traditional auctions, these periodic auctions will occur frequently and will not disrupt continuous market trading. Cboe expects these auctions to facilitate price discovery, particularly benefiting thinly-traded securities.
Cboe Global Markets (CBOE) has announced its acquisition of Chi-X Asia Pacific Holdings to enhance its footprint in the Asia-Pacific region, specifically in Australia and Japan. The deal, expected to close in Q2 or Q3 2021, aims to facilitate access to Cboe's proprietary product suite and expand its global equities business. Chi-X Asia Pacific, which generated $26 million in net revenue in 2020, is the second-largest securities exchange in Australia and a leading proprietary trading system in Japan. The acquisition is projected to be nominally accretive to Cboe's adjusted earnings in 2021.
Cboe Global Markets (CBOE) has announced the retirement of Tim Mahoney, President of BIDS Trading, with Bryan Harkins appointed as his successor. Harkins, an experienced leader, aims to expand BIDS Trading into new markets globally, including Asia Pacific. Mahoney's tenure saw BIDS grow into the largest equity block trading venue in the U.S. Additionally, Cboe plans to acquire Chi-X Asia Pacific Holdings, enhancing its equities business in Asia. The transition aims to maintain BIDS Trading's independent operations while positioning it for future growth.
Cboe Global Markets has promoted Catherine Clay to Executive Vice President and initiated a new Data and Access Solutions division. This division aims to integrate the company's data solutions with its market data services, enhancing customer access to real-time and historical data from various asset classes. The company anticipates organic revenue growth of 6-7% in its proprietary non-transactional revenue category, targeting approximately $350 million in 2021. Clay's leadership is expected to optimize efficiency in delivering information solutions globally.
Cboe Global Markets (CBOE) will release its Q1 2021 financial results on April 30, 2021, before the market opens. A conference call with senior management will follow at 7:30 a.m. CT (8:30 a.m. ET). Participants can join via a live audio webcast on the company's Investor Relations page. Cboe provides advanced trading solutions across various asset classes globally, including options, futures, and equities, and is known for its innovation in market products.
Cboe Global Markets (CBOE) reported a strong performance in February 2021, highlighting significant trading volume increases in various sectors. Options volume rose 19% year-over-year, while U.S. Equities exchange matched volume surged 53.9% compared to February 2020. Notably, Cboe EDGX reached a record 24.10 billion shares traded in February. Futures volume declined 28.9%, reflecting market adjustments. Global FX trading also saw record activity with significant notional values. Overall, February marked a series of new records across different trading platforms.
Cboe Global Markets, Inc. (Cboe: CBOE) announced that its executives will present at the Raymond James Institutional Investor Virtual Conference on March 2 at 8:20 a.m. ET. Key personnel include Ed Tilly, Chris Isaacson, and Brian Schell. The event will be accessible via Cboe's website in the Investor Relations section, with a replay available shortly after the presentation. Cboe is a leading market operator offering diverse trading solutions across multiple asset classes globally.
Cboe Global Markets (Cboe: CBOE) announced that Chris Isaacson and Brian Schell will present at the Credit Suisse Financial Services Virtual Conference on February 24, 2021, at 1 p.m. ET. The presentation will be available for replay shortly after on the Cboe website. Cboe offers innovative trading solutions across various asset classes globally, including options, futures, equities, and volatility products. The company is headquartered in Chicago and operates major exchanges in the U.S. and Europe.
Cboe Global Markets (CBOE) announced plans to activate its AIM (Automated Improvement Mechanism) for trading S&P 500 Index options (SPX) and S&P 500 Index Weeklys (SPXW) starting February 22, 2021. This move aims to cater to the growing demand from retail investors for smaller-sized trades, allowing auctions for orders of up to 10 contracts. The AIM functionality is expected to enhance execution quality and provide better access to liquidity, reinforcing Cboe's commitment to innovation in trading solutions.