Cboe Global Markets Inc. has seen an increase in insider trading, with its EVP, COO, and CFO, as well as its Global President, selling substantial quantity of shares. Meanwhile, the company announced its August 2024 trading volumes and realigned its digital asset business to leverage its expertise in derivatives and clearing. The stock performance pivoted between underperforming and outperforming its competitors, with a notable rally marking a 17% Year To Date increase. The company consistently evolves its offerings, including its merger with digital assets business with derivatives, collaboration with UK firms for U.S. private share trading platforms, and introducing options on three new MSCI indices. The company also disclosed notable financial highlights, including increased share repurchase authorization, second and third-quarter dividends for 2024, and record revenues for the first quarter of 2024. The company's ambitious efforts to expand included acquiring a minority stake in Japannext, planning to expand credit futures, and commemorating 20 years of Futures Exchange and VIX futures trading. However, 2024 annual meeting results and insider sales indicate a mixed financial landscape for the company.
Cboe Global Markets CBOE News Analytics from Thu, 04 Jan 2024 08:00:00 GMT to Sat, 07 Sep 2024 20:14:14 GMT -
Rating 5
- Innovation 7
- Information 8
- Rumor -2
