Cboe Global Markets Inc. has performed well against competitors, even on strong trading days. Despite selling 16,322 shares, Empowered Funds LLC highlights the company’s resilience. Reporting positive results for Q1 2024, Cboe has also confirmed the launch of Spot Ethereum ETFs and expanded into international exchange data with its Global Cloud service. In efforts to streamline operations, a merger is set for the digital assets business with the derivatives and clearing arm, especially following losses on the digital spot market. Cboe was innovative, filing for SEC approval to list Solana ETFs, and declaring a second-quarter dividend. Cboe has also expanded its credit future offerings through new indices and services like Cboe BIDS VWAP-X. However, the company experienced a notable insider sale by EVP, COO Christopher Isaacson. Cboe's performance and restructuring has led to its strategic position in being an attractive long-term momentum stock, with restructuring noted in the digital operations and its derivatives business. Cboe also commemorates 20 years of its Futures Exchange and VIX Futures Trading, indicating its experience and expertise within the industry.
Cboe Global Markets CBOE News Analytics from Tue, 03 Oct 2023 07:00:00 GMT to Sun, 21 Jul 2024 10:33:21 GMT -
Rating 8
- Innovation 6
- Information 7
- Rumor 6
