Cboe Global Markets Inc. (CBOE)

Overview

Cboe Global Markets, Inc. is a prominent entity in the global financial marketplace, providing a wide array of trading services and platforms across multiple asset classes. Its operations span across options, equities, futures, foreign exchange (FX), and digital assets. Formed originally in 1973, the company underwent a significant rebranding from CBOE Holdings, Inc. to Cboe Global Markets, Inc. in October 2017, marking its evolution in line with the expanding global markets. Headquartered in Chicago, Illinois, Cboe stands as a pivotal player in the global exchange marketplace, facilitating trading services worldwide through its extensive network of subsidiaries. The company's strategic partnerships with notable entities like S&P Dow Jones Indices, LLC, IHS Markit Ltd., and MSCI Inc., among others, further underscore its significant position and influence in the global financial markets.

Products and Services

• Options

This segment engages in the trading of listed market indices options, offering traders leverage, hedging, and speculative opportunities in a regulated environment.

• North American Equities

Here, Cboe handles the trading of listed U.S. and Canadian equities, providing a robust platform for trading and investment in North American stocks. The segment also offers exchange-traded products (ETP) transaction and listing services, catering to a wide array of market participants.

• Europe and Asia Pacific

This division offers a broad selection of services including pan-European listed equities and derivatives transaction services, alongside ETPs, exchange-traded commodities, and international depository receipts. It also encompasses ETP listings and clearing services, highlighting Cboe's extensive European and Asia Pacific market coverage.

• Futures

The Futures segment of Cboe Global Markets permits the trading of futures contracts, offering participants the ability to speculate on or hedge against future price movements in various assets.

• Global FX

Specializing in institutional foreign exchange trading, this segment provides a comprehensive suite for FX transactions including institutional trading services and non-deliverable forward FX transactions, catering to a global client base.

• Digital

Reflecting the growing influence of digital assets in the financial markets, this segment includes Cboe Digital, which operates a United States-based digital asset spot market and a regulated futures exchange. Cboe Clear Digital, its regulated clearinghouse, supports the infrastructure for secure and regulated digital asset transactions. Additionally, it encompasses licensing of proprietary market data, and access and capacity services, catering to the burgeoning digital asset economy.