Cboe posts solid Q2 results with strong performances across derivatives and cash and spot markets
Cboe has posted a record net revenue of $514 million; each component of the exchange experienced increased revenue in Q2 2024.
Cboe has posted a record net revenue of $514 million; each component of the exchange experienced increased revenue in Q2 2024.
In light of the US ATS’ looking to migrate to Europe and new offerings being proposed by European exchanges, Annabel Smith weighs up increased fragmentation against innovation, exploring the new competitive landscape, the prospect of private rooms, and who might be the provider to benefit most from first mover advantage.
“Trading floors represent a different way of doing things, not a worse way, not an inferior way. A different way of doing it - there’s value in that,” says one market expert.
Counting down from four to one of the most read stories on The TRADE over the past year, featuring Cboe Global Markets, the US’ Securities and Exchange Commission, and Perpetual Group.
Tiefenbrun has previously held senior positions at: Bank of America Merrill Lynch, Turquoise, the London Stock Exchange, and Instinet.
Learn more about the four firms shortlisted for The TRADE’s 2023 Editors’ Choice Award for Outstanding Post-Trade Services Provider, including: Cboe Clear Europe, Eurex, Euronext Clearing and LCH.
Firms including ABN AMRO Clearing, All Options, Barak Market Making B.V, Goldman Sachs, Morgan Stanley, Susquehanna International Securities, and Interactive Brokers, have confirmed their support for CEDX’s expansion into equity options.
The regulator has ordered FINRA and SROs associated with Cboe, Nasdaq, and NYSE to work jointly in creating a new plan.
Effective from today, the new sweep order types will allow participants to access the dark, periodic auction and lit order books without the need to submit multiple orders.
Move comes as the exchange launches two new options products based off its investment grade and high yield corporate bond index futures.