Cboe Global Markets Inc. has consistently been outperforming its competitors, witnessing a significant growth in stock value. In the face of criticisms, the company continues to confidently defend its Volatility Index (VIX). It has regularly reported strong trading volumes throughout 2024. The company's robust revenue growth has prompted Deutsche to upgrade it to a Buy status. The CEO sat down with Benzinga and shared insights on the state of the markets. Proprietary Contracts by Cboe have significantly contributed to increased derivatives volume. The company has reported promising Q3 2024 results, exceeding third-quarter profit estimates courtesy of robust hedging activity. Cboe is also getting involved in various new initiatives, including partnership with a UK firm to launch a U.S. private share trading platform and planning to launch Cboe S&P 500 Constituent Volatility Index with S&P Dow Jones Indices. A strong appetite for growth and diverse new ventures like these have fueled further interest in Cboe as a strong investment proposition.
Cboe Global Markets CBOE News Analytics from Sat, 06 Apr 2024 07:00:00 GMT to Sat, 16 Nov 2024 13:34:00 GMT -
Rating 8
- Innovation 6
- Information 9
- Rumor 3
