In recent news,
Cboe Global Markets has experienced a range of events that impact its standing in the market. Receiving a downgrade from several top brokerages such as
Morgan Stanley, to
neutral, raising concern. Nonetheless, Cboe named
Craig Donohue as its new CEO, a veteran with an exemplary track record. This move adds substantial managerial acumen to the firm's leadership. Substantially, Cboe delivered
record profits, fuelled by heightened tariff risks that spurred a rush to hedge. The company also announced excellent Q1 results and beat market estimates. Its shares have fluctuated, with some stakeholders like Janus Henderson Group PLC and Brevan Howard Capital Management LP selling their shares, while others like Bank of America and Man Group increasing their positions. GRAHAM Capital decreased its holdings while Clark Capital Management boosted its position. Cboe is expanding its footprint in Asia Pacific by strengthening its Data Vantage Sales Team, indicating growth in its business. Furthermore, Cboe has expanded its digital asset offerings with new
Bitcoin Futures, showcasing a perspective towards innovation.
Cboe Global Markets CBOE News Analytics from Mon, 30 Dec 2024 08:00:00 GMT to Sat, 17 May 2025 22:00:40 GMT -
Rating 2
- Innovation 3
- Information 8
- Rumor -2
