Cboe Global Markets has had an eventful period, making advancements and experiencing fluctuations. The company rolled out a new brand, marking a chapter in technological innovation, growth and achieved a record-breaking year in options trading with 3.8 billion contracts. An impending 'regime shift' in market volatility is predicted by the firm's Mandy Xu. In Q3, the company had better than expected earnings due to a surge in hedging activity and witnessed active options trading. Cboe Global Markets also plans to expand its credit futures offering and realigns its digital asset business integrating it with its derivatives and clearing arm.
Cboe Global Markets initiated alliances with UK firms and S&P Dow Jones Indices to unfold new trading platforms and indices respectively. The company also declared an increment in share repurchase authorization and dividends. Despite these developments, the firm’s stock underperformed compared to competitors on certain days.
Cboe Global Markets plans to launch options on VIX futures and intends to expand its presence in Japan by acquiring a minority stake in Japannext.
BlackRock launched a new Bitcoin ETF on Cboe Canada marking its entrance into the crypto market.
Cboe also seeks SEC approval for ETF share class of mutual funds and has planned to offer index options on Robinhood, expanding retail access.
Cboe Global Markets CBOE News Analytics from Fri, 02 Feb 2024 08:00:00 GMT to Fri, 17 Jan 2025 00:00:15 GMT -
Rating 3
- Innovation 7
- Rumor -5
