Cboe Global Markets Inc. has shown a mixed performance, outperforming competitors on some days and underperforming on others. Despite this, Piper Sandler Global Exchange and Trading Conference included a presentation by the company, affirming the company's standing in the market. Cboe has plans to expand its Credit Futures offering, specifically with the introduction of Cboe® iBoxx® $ Emerging Market Bond. This is in line with the rising interest in emerging market indices.
Furthermore, Brown Advisory Inc. and PNC Financial Services Group Inc. have reduced their stock holdings in Cboe, while Wells Fargo & Company MN and Franklin Resources Inc. have increased theirs. Cboe also announced its Second-Quarter 2024 Dividend and plans for its 2024 annual meeting.
Its strategy on less M&A has been announced, along with record revenues and adjusted earnings figures for Q1 2024. The new head of derivatives is Mandy Xu, adding her expertise to the company's leadership. However, opposite trends are seen with regards to the company's involvement in digital assets: Cboe Digital Spot was losing money, but the company will launch Bitcoin and Ether futures in 2024.
Cboe Global Markets CBOE News Analytics from Tue, 15 Aug 2023 07:00:00 GMT to Thu, 30 May 2024 14:52:01 GMT - Rating 2 - Innovation 3 - Information 5 - Rumor -2
