Cboe Global Markets (CBOE) has seen significant news activity recently. The company has been regularly reporting its trading volume, with mixed performance against its competitors. Its share price target was raised to $196 from $186 by Goldman Sachs and to $220 by Citi. In other financial news, CBOE’s second and third-quarter 2024 earnings releases were announced alongside increases in share repurchase authorization and dividends.
Notably, the company has realigned its Digital Asset Business with a focus on derivatives and clearing, and has plans for expanded collaboration with FTSE Russell for digital asset derivatives. It also announced plans with Metaurus Advisors to launch three innovative equity indices, evidencing trends towards diversification and innovation.
Industry insiders have made several share sales recently, potentially hinting at executive sentiment. Its stock performance remains inconsistent, usually underperforming despite occasional surges. Its push for growth reportedly hinges on tech migrations being completed and plans to import global trading into the US. CBOE's ongoing developments include launching VIXTLT Index, expansion of credit futures and the inception of S&P 500 Variance Futures.
Cboe Global Markets CBOE News Analytics from Thu, 04 Jan 2024 08:00:00 GMT to Sat, 05 Oct 2024 07:17:31 GMT - Rating 4 - Innovation 6 - Information 7 - Rumor -3
