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, Inc. (Cboe: CBOE) announced the transfer of ProShares Volatility ETFs to its BZX Exchange from NYSE Arca. This change takes effect on December 16, 2020, with the ETFs providing exposure to S&P 500 VIX futures indices. The transferred ETFs include VIXY, VIXM, UVXY, and SVXY, expanding Cboe's offerings to 22 ProShares ETFs. Cboe BZX Exchange, as of December 2020, ranks as the second-largest venue for exchange-traded products (ETPs) in the U.S., managing over $370 billion in assets.
Cboe Global Markets (CBOE) has signed an exclusive licensing agreement with CoinRoutes to use its RealPrice data for creating cryptocurrency market indices. The RealPrice data provides a consolidated Best-Bid-Offer from various exchanges, reflective of actual trading costs. Cboe will use this data to develop custom index solutions, enhancing market transparency and accuracy. The initiative aims to attract a larger customer base and improve tools for portfolio construction, risk measurement, and analytics. Cboe plans to offer this data on its Cryptocurrency channel by the end of Q1 2021.
Cboe Global Markets (CBOE) announced it will release its fourth-quarter financial results on February 5, 2021, before market opening. A conference call with management will follow at 7:30 a.m. CT (8:30 a.m. ET). Investors can access the call via the Cboe Investor Relations website, and a replay will be available post-call until February 12, 2021. Cboe operates major exchanges for options, futures, equities, and ETFs globally, with a strong presence in the U.S. and Europe.
Cboe Global Markets (CBOE) announced the planned retirement of Carol Kennedy, Senior VP and CMO, effective December 31, 2020, after 27 years of service. Stacie Fleming, currently VP Marketing and Communications, will be promoted to Senior VP, effective January 1, 2021. Kennedy has been instrumental in Cboe's transition to a for-profit entity and its IPO, leading global marketing and communications initiatives. Fleming, with a strong track record in Europe, is expected to bring fresh insights and guidance to Cboe's marketing strategies.
Cboe Global Markets, a leader in trading solutions, reported it has become the 2nd largest primary listings venue for exchange-traded products (ETPs) in the U.S. This growth follows a record year, capturing 35% of new product launches and reaching over 400 ETPs with $370 billion in assets. Cboe's European market also saw a 115% rise in ETP listings. The company continues to expand its market share, showcasing a 1,400% increase in listings over five years, underscoring its commitment to innovative trading solutions.
Cboe Global Markets reported robust trading volumes for November 2020, reflecting significant growth in various segments compared to November 2019. Total options volume reached 217,088 contracts, up 49.9% year-over-year. The average daily volume (ADV) also surged to 10,854 contracts, marking a 49.9% increase. Notably, Cboe C2 Options Exchange set a new ADV record with over 1 million contracts. In contrast, futures volume fell by 19.9% year-on-year. Other highlights include substantial increases in U.S. equities matched volume and global FX trading value, indicating strong market activity.
Cboe Global Markets (CBOE) announced that Ed Tilly, Chairman and CEO, and Brian Schell, CFO, will present at the Goldman Sachs 2020 U.S. Financial Services Virtual Conference on December 8 at 1:40 p.m. ET. A replay of the presentation will be available shortly after at www.cboe.com. Cboe is a leader in trading and investment solutions across various asset classes, including options, futures, and equities, with a strong presence in both the U.S. and Europe.
Cboe Global Markets (CBOE) announced its October trading volume results, reporting significant year-to-date increases in various sectors. In October 2020, options volume reached 207,194 contracts, up 21.2% from October 2019. Cboe Options Exchange saw an average daily volume increase of 13%, while Cboe C2 options set a record with 22.3 million contracts traded. U.S. equities matched volume increased by 23.6%, and the market share for Cboe EDGX equaled a record 7.8%. However, futures volume declined by 9.1% year-to-date.
Cboe Global Markets (CBOE) will present at the Bank of America Future of Financials Virtual Conference on November 10, 2020, at 11:20 a.m. ET. The presentation will feature Ed Tilly, Chairman and CEO, and Brian Schell, CFO. A webcast and replay will be available on Cboe's website shortly after the event. Cboe is a leading market operator providing diverse trading solutions across various asset classes including options, futures, and equities globally. Headquartered in Chicago, it operates one of the largest exchanges in the U.S. and Europe.
Cboe Global Markets (CBOE) reported Q3 2020 results, showing solid adjusted EPS of $1.11 and adjusted EBITDA margin of 66%. Despite a 1% decline in net revenue to $292 million, primarily due to lower trading volumes, the company highlighted strong engagement from retail customers. Cboe announced key acquisitions, including MATCHNow and EuroCCP, aimed at diversifying its offerings. While total operating expenses rose by 4% to $152.7 million, effective tax rates increased, impacting net income. Cboe expects adjusted operating expenses for 2020 to be between $415 and $420 million.