Cboe Global Mark Stock Price, News & Analysis

Cboe Global Markets has reported its December and full year 2024 trading statistics, marking significant achievements across its global operations. The company achieved its fifth consecutive record-breaking year in U.S. Options, with total volume reaching 3.8 billion contracts and an ADV of 14.95 million contracts.

Notable highlights include record performances in proprietary index options, with total trading of 1.03 billion contracts and an ADV of 4.1 million contracts. The S&P 500 Index (SPX) options traded 784.2 million contracts, while VIX options reached 209.2 million contracts. In Q4, zero days to expiry trading in SPX set a quarterly record, comprising 51% of overall SPX volumes.

Global FX operations achieved a record full year spot average daily notional volume of $45.4 billion, surpassing the previous year's record of $43.6 billion.

Cboe Global Markets (CBOE) announced the closure of its U.S. equities and options exchanges, including Cboe Futures Exchange, on Thursday, January 9, 2025, observing the National Day of Mourning for former President Jimmy Carter. Cboe equities exchanges will be closed for all sessions, while options exchanges will only close during Regular Trading Hours. Global Trading Hours for Cboe Options Exchange and CFE will remain open. Cboe Digital Exchange will operate normally. The company also observed a one-minute moment of silence on its Chicago trading floor at 8:20 a.m. CT on December 30, 2024.

Cboe Global Markets (CBOE) has scheduled its fourth-quarter 2024 earnings release and conference call. The financial results will be announced before market opening on Friday, February 7, 2025. A conference call featuring senior management commentary will start at 7:30 a.m. CT (8:30 a.m. ET).

The event will include a live audio webcast and presentation available on Cboe's Investor Relations website. Interested parties can join via telephone using the numbers (800) 715-9871 (toll-free) or (646) 307-1963 (toll) with Conference ID 5196331. A replay will be available approximately two hours after the call concludes.

Cboe Global Markets has released its November 2024 trading volume statistics, showing significant growth across multiple business segments. Key highlights include an 18.4% increase in multiply-listed options ADV to 12,355k contracts, a 4.3% rise in index options ADV to 4,141k contracts, and a 9.3% growth in futures ADV to 222k contracts compared to November 2023.

Notable performances were also seen in global markets, with European Equities volume up 26.2% to €11,262 million, Japanese Equities volume increasing 38.3% to 251 billion yen, and Global FX volume rising 4.9% to $49,565 million. U.S. Equities on-exchange volume grew 18.6% to 1,601 million matched shares.

Cboe Global Markets (CBOE) announced its participation in the Goldman Sachs 2024 U.S. Financial Services Conference in New York City. Jill Griebenow, Executive Vice President and Chief Financial Officer, and David Howson, Executive Vice President and Global President, will represent the company at the event.

The presentation is scheduled for Wednesday, December 11 at 1:00 p.m. ET. Interested parties can access both 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 version is expected to be available within an hour after the presentation concludes.

Cboe Global Markets announced the launch of the first cash-settled index options for spot Bitcoin, starting December 2. The options will be based on the new Cboe Bitcoin U.S. ETF Index (CBTX), designed to track spot Bitcoin ETF performance. The offering includes standard-sized options, mini options at 1/10th the notional value, and FLEX options for customization. These SEC-regulated products will feature cash settlement and European-style exercise, eliminating early assignment risks and physical delivery complexities. The initiative expands Cboe's digital assets derivatives offerings, complementing their existing Bitcoin and Ether futures products.

Cboe Global Markets has released results from its first European retail investor survey, showing strong demand for exchange-traded equity options and financial education. The survey, conducted by Cboe Europe Derivatives (CEDX) and The Options Institute, revealed that 62% of current derivatives users are interested in trading stock options, with capital protection and hedging being primary motivations.

Among derivatives prospects, 54% expressed interest in stock options trading, though 66% indicated they need more basic financial education. In response, The Options Institute plans to expand into Europe in early 2025, offering comprehensive educational resources in multiple languages including English, Spanish, Dutch, and German.

Cboe Global Markets reported its October 2024 trading volume statistics across global business lines. Key highlights include: multiply-listed options ADV decreased 3.9% year-over-year to 10,793k contracts; index options ADV declined 12.3% to 3,976k contracts; and futures ADV fell 36% to 187k contracts. However, some segments showed growth: Canadian Equities increased 15.5% to 158,622k matched shares, European Equities rose 13.6% to €10,534mn, and Japanese Equities surged 47% to ¥288bn. Notably, Cboe Europe Periodic Auctions achieved a record ADNV of €2.5 billion, while Cboe Clear Europe processed 117.5 million client trades, its highest monthly volume in 2024.

Cboe Global Markets (CBOE) reported strong financial results for Q3 2024, with record net revenue of $532.0 million, up 11% year-over-year. The company achieved diluted EPS of $2.07 (up 6%) and record adjusted diluted EPS of $2.22 (up 8%). Based on strong performance, Cboe increased its 2024 organic total net revenue growth guidance to 7-9% from 6-8%. Derivatives net revenue grew 13%, Cash and Spot Markets increased 12%, and Data and Access Solutions rose 6% year-over-year. The company also adjusted its 2024 operating expense guidance upward to $798-808 million from $795-805 million.