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) announces the election of Ivan Fong and Alexander J. Matturri, Jr. to its Board of Directors, increasing the total to 15 members. Fong, currently General Counsel at 3M, brings extensive legal experience, while Matturri, former CEO of S&P Dow Jones Indices, adds financial expertise. Cboe's leadership emphasizes that their appointments will enhance strategic initiatives, aiming for growth and sustainable returns for shareholders.
Cboe Global Markets (CBOE) will launch Mini-Russell 2000 Index options on the Cboe Options Exchange in Q1 2021, pending regulatory approval. This initiative aims to enhance market access for various participants by offering a smaller contract size—one-tenth of the standard option—catering to retail and institutional investors. The project highlights Cboe's collaboration with FTSE Russell and is expected to increase trading liquidity and participation in the U.S. small-cap equity market. Average daily volumes for Russell 2000 options are around 34,000 contracts, with total open interest exceeding 822,000 contracts.
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.