Cboe Global Markets Inc (CBOE)

Over the past six months, CBOE's stock price has increased by 5.5% as of March 26, 2025, outpacing the S&P 500 Index. The stock has also climbed 10.2% over the past three months. CBOE shares closed up more than 2% after reporting its Q4 2024 results. Shares dropped nearly 1% following a downgrade by JPMorgan Chase & Co. B of A Securities and Morgan Stanley downgraded their outlook for CBOE. Cboe Global Markets announced the departure of Global President Dave Howson. Fredric Tomczyk was succeeded by Craig Donohue as CEO. Cboe reported strong trading volumes. The company announced plans to launch Cboe FTSE Bitcoin Index futures. Cboe reported strong first-quarter 2025 results.

Demand for Cboe's products is influenced by market volatility, trading volumes, and macroeconomic conditions. Increased market uncertainty leads to higher demand for hedging tools. Higher trading volumes increase transaction fees. Strong demand for proprietary products benefits the company. There is a growing interest in options trading. Growing demand for data and access solutions contributes to revenue. Expansion into new markets diversifies demand. Macroeconomic factors impact CBOE's revenue. The company's performance is linked to overall market activity and investor behavior, which can fluctuate throughout the year.

Cboe Global Markets, Inc. (CBOE) is a premier exchange operator and market infrastructure provider, offering trading solutions across various asset classes and geographies. It operates within the Finance sector, specifically in the Investment Bankers/Brokers/Service and Security & commodity exchanges industries. Cboe is the holding company for subsidiaries like the Chicago Board Options Exchange (Cboe) and operates four U.S. equities exchanges. Cboe's major products and services include options, futures, equities, exchange-traded products (ETPs), global foreign exchange (FX), digital assets, and data and analytics.

Cboe Global Markets operates in North America, Europe, and Asia-Pacific. In North America, it has operations in the U.S. and Canada. Cboe Canada accounts for 15% of trading in Canadian-listed securities. In Europe, Cboe Europe is based in London and Amsterdam, and its stock exchanges are the largest in Europe by trading volume. In Asia-Pacific, it has operations in Australia and Japan, and an office in Singapore.

Cboe Global Markets has a strong brand reputation as a leading exchange network, known for its trading, clearing, and investment solutions. The company is committed to building a trusted global marketplace. In 2024, Cboe achieved record net revenue and earnings, and has a 13-year streak of dividend growth. Cboe Digital has experienced cybersecurity threats, but none have had a material impact. Leadership changes and analyst downgrades have occurred. The company is subject to regulatory oversight, and failure to comply with regulations could negatively impact its reputation.

Cboe Global Markets has a mixed ownership structure, with institutional, retail, and individual investors. Institutional investors hold approximately 41.23% to 82.67% of the company's stock. Public companies and individual investors own a significant portion, around 28.05% to 30.50%. Insiders own approximately 0.22% of the stock.