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. 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 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.
Cboe Global Markets has announced a quarterly cash dividend of $0.42 per share, scheduled for payment on March 15, 2021. This dividend will benefit shareholders of record as of February 26, 2021. Cboe continues to demonstrate its commitment to returning value to shareholders while operating across various asset classes, including options, futures, and equities.
Cboe Global Markets plans to introduce early trading hours on its EDGX Equities Exchange starting March 8, pending regulatory approval. The new hours will allow order acceptance from 3:30 a.m. ET to 7:00 a.m. ET, responding to rising demand from retail investors worldwide. In 2020, Cboe EDGX saw an average of 705 million shares traded daily, with retail investors making up 50% of monthly trading volumes. This expansion aims to enhance trading access and improve execution quality for retail customers.