Cboe Global Markets, Inc. (CBOE)
Pre-market:
- GuruFocus.com
Cboe Global Markets Inc (CBOE) Q1 2024 Earnings: Strong Start with Record Revenues and Adjusted ...
Performance Surpasses Estimates with Notable Growth in Derivatives and Data Solutions
- Reuters
UPDATE 2-Cboe posts higher profit as market volatility boosts options trading
Cboe Global Markets reported a rise in first-quarter profit on Friday, as strong demand for hedging products amid market volatility helped boost the exchange operator's options trading volumes. Geopolitical risks and macroeconomic uncertainties have fueled volatility in the markets, prompting investors and portfolio managers to hedge their positions. Average daily volumes in total company options increased to 14.83 million contracts in the quarter ended March 31 from 14.66 million a year earlier.
- Reuters
Cboe posts higher profit as market volatility boosts options trading
Geopolitical risks and macroeconomic uncertainties have fueled volatility in the markets, prompting investors and portfolio managers to hedge their positions. Average daily volumes in total company options increased to 14.83 million contracts in the quarter ended March 31 from 14.66 million a year earlier. Net revenue from Cboe's options rose 10% to $307.4 million.
