Cboe Global Markets CBOE disclosed its trading volume for May 2024 and Q1 2024 results, highlighting a strong start with record revenues. The company’s stock often underperformed in comparison to competitors despite showing daily gains. CIBC Private Wealth Group and Steward Partners Investment Advisory increased stakes in Cboe, with the recent also buying additional shares. The company presented at the Piper Sandler Global Exchange and Trading Conference and declared dividends for Q2 and Q4 of 2023. Cboe reported plans to increase credit futures offerings and merge its digital assets business with derivatives and clearing arm. It also sought SEC approval for ETF share class of mutual funds, re-evaluated its strategic approach, and introduced new MSCI indices . The firm reported record revenues and earnings in 2023, and further appointed Mandy Xu as Vice President and Head of Derivatives Market Intelligence. Collaboration with MSCI led to the formation of new index options and volatility indices while margin changes were made for index options overwriting strategies. Cboe revised its dividend analysis and realigned its digital asset business, leading to leadership transitions. Overall, the Cboe's activities indicate steady performance and potentially strategic shifts in the future.
Cboe Global Markets CBOE News Analytics from Fri, 21 Apr 2023 04:03:36 GMT to Sun, 09 Jun 2024 16:48:05 GMT -
Rating 3
- Innovation 4
- Information 8
- Rumor -2
