Cboe Global Markets Inc. revealed mixed performance results, outpacing competitors on some days and underperforming on others. The company saw profit increases due to heightened market volatility leading to more options trading, despite reports suggesting their digital spot market was incurring losses. However, they aim to re-energize their strategy by reducing M&A activity and focusing more on derivatives and clearing, unveiling innovative indices in partnership with Metaurus Advisors, and seeking SEC approval for an ETF share class of mutual funds. Cboe's outlook for 2024 projects net revenue towards the higher end of their range, and they announced the election of Erin Mansfield and Cecilia Mao to their board. To expand their offerings and reach, Cboe Global Markets commenced a push to attract retail investors within Europe, while their daily expiries for their Russell 2000 Index options suite is set to kick off in January 2024.
Cboe Global Markets CBOE News Analytics from Tue, 15 Aug 2023 07:00:00 GMT to Sun, 12 May 2024 07:03:20 GMT -
Rating 2
- Innovation 5
- Information 6
- Rumor 0
