Cboe Global Mark Stock Price, News & Analysis

Cboe BZX Exchange, Inc. (BZX) has announced the delisting of securities for two companies: Vocodia Holdings Corp and SinglePoint Inc. The delisting affects the common stock and warrants of Vocodia Holdings Corp and the common stock of SinglePoint Inc. Both companies' securities were suspended from trading on September 11, 2024, and have not been traded on BZX since that date. This announcement, made on October 22, 2024, formalizes the removal of these securities from the Cboe BZX Exchange.

Cboe Global Markets and S&P Dow Jones Indices have announced plans to launch the Cboe S&P 500 Constituent Volatility Index (VIXEQ). This new index, set to launch on November 4, is designed to measure the market cap weighted 30-day implied volatility of a basket of S&P 500 constituents. The VIXEQ Index will be a direct component in calculating the Cboe S&P 500 Dispersion Index (DSPX), which was launched in September 2023.

The VIXEQ Index is based on the Cboe S&P 500 Dispersion Basket Index (DSPBX) and uses an adaptation of Cboe's proprietary VIX® Index methodology. This initiative aims to provide investors with insights into market volatility and implied dispersion, offering a view of S&P 500 Index moves relative to its constituent companies. The announcement was made at Cboe's 39th annual global Risk Management Conference in Snowbird, Utah.

Cboe Global Markets and Robinhood Markets Inc. have announced that Robinhood will soon offer Cboe's index options on its platform. This marks the first time Robinhood customers will have access to index options, including S&P 500 Index (SPX), Cboe Volatility Index (VIX), Russell 2000 Index (RUT), and Mini SPX (XSP) options. These products aim to provide new ways for retail investors to gain market exposure, hedge against volatility, generate income, and capitalize on market movements.

The collaboration responds to increasing demand for options trading, with U.S. options volumes exceeding 11 billion contracts in 2023, a 126% increase since 2019. Cboe's proprietary product suite has seen average daily volumes reach a record high of 4.2 million contracts in Q3 2024, up 13% from Q3 2023. To support this growth, Cboe's Options Institute has expanded its educational offerings for retail traders.

Cboe Global Markets (CBOE) announced the launch of Options on Cboe Volatility Index (VIX) Futures (Ticker: UX) on October 14. These CFTC-regulated options will physically settle into front-month VIX Futures, offering investors a new tool to manage U.S. equity market volatility. The product complements Cboe's existing securities-based VIX Index options and may allow more market participants to trade VIX options products.

Key features include:

• European-style exercise
• P.M. settlement
• Physical settlement into front-month VIX futures
• Initial listing of contract expirations for every day the week of October 21 with two additional Friday expirations

This launch follows Cboe's recent introduction of S&P 500 Variance (VA) futures, expanding their volatility product suite ahead of the U.S. election.

Cboe Global Markets announced the listing of new ADRhedged™ securities (ADRH) on Cboe U.S. starting October 7, 2024. These innovative products, sponsored by Precidian Investments, aim to provide U.S. investors with exposure to individual international companies while including an embedded currency hedge. ADRHs combine an ADR priced at approximately $50 USD per share with a currency hedge to mitigate risks from foreign exchange rate fluctuations.

The launch will occur in phases, with AstraZeneca, HSBC, and Shell being the first three companies listed. Cboe anticipates listing 14 additional ADRHs soon. This new offering builds on the success of currency-hedged Canadian Depositary Receipts (CDRs) listed on Cboe Canada, which have seen over $50 billion CAD in trading volume and $6 billion CAD in assets under management since their 2021 launch.

Cboe Global Markets (CBOE) reported its September 2024 trading volume statistics and provided guidance for Q3 2024 revenue metrics. Key highlights include:

- Index options ADV reached an all-time high of 4.23 million contracts in Q3.

- VIX options volume hit 62.7 million contracts in Q3, the second-best quarterly volume on record.

- Cboe Europe Periodic Auctions set a monthly record ADNV of €2.4 billion in September.

The report also detailed ADV changes across various product lines, with notable increases in European Equities (19.5% YoY), Australian Equities (30.5% YoY), and Japanese Equities (66.3% YoY). However, some segments saw declines, such as Futures (-26.8% MoM) and U.S. Equities - On-Exchange (-2.6% YoY).

Cboe Global Markets (CBOE), the world's leading derivatives and securities exchange network, has announced the date for its third-quarter 2024 earnings release and conference call. The financial results will be disclosed before the market opens on Friday, November 1, 2024. A conference call featuring remarks from the company's senior management is scheduled to begin at 7:30 a.m. CT (8:30 a.m. ET).

Investors can access a live audio webcast of the conference call and accompanying presentation on Cboe's Investor Relations website at ir.cboe.com under Events. For those preferring to listen via telephone, the dial-in numbers are (800) 715-9871 (toll-free) or (646) 307-1963 (toll), with the Conference ID 6762730. A replay of the recording is expected to be available two hours after the call concludes.

Cboe Global Markets (CBOE) plans to launch Cboe S&P 500 Variance Futures on September 23, 2024, on the Cboe Futures Exchange. This new product aims to provide market participants with a tool to calculate implied volatility of the U.S. equity market and manage volatility risks. The futures offer a streamlined approach to trading the spread between implied and realized volatility, enabling traders to capitalize on market discrepancies.

The launch comes at a critical time amid uncertain macroeconomic conditions, including the upcoming U.S. election and geopolitical tensions. Cboe expects these futures to appeal to a wide range of market participants, including volatility traders, hedge funds, institutional investors, and portfolio managers. The product is designed to be capital-efficient and transparent, offering an accessible way to replicate OTC variance swap exposures in a centrally cleared environment.

Cboe Global Markets (CBOE) reported its August 2024 trading volume statistics, showing mixed results across its global business lines. Index options saw a 15.1% year-over-year increase in average daily trading volume (ADV), while futures contracts surged 32.2%. Global FX trading volume also rose significantly, up 21.8% from the previous year.

However, multiply-listed options experienced a 6% decline in ADV compared to August 2023. U.S. equities on-exchange trading volume also decreased by 6.5% year-over-year. Notable achievements include the second-highest single-day volume for S&P 500 Index (SPX) options on August 5th, with 4.5 million contracts traded, and the second-best monthly volume for VIX options since February 2018.