Company Snapshot

Investment Thesis

Cboe Global Markets operates options, futures, FX, digital asset, and equities exchanges. Growing demand for volatility and index options, coupled with data/services, drives recurring revenue.

  • Options Leadership: SPX and VIX options command high fees and market share.
  • Global Expansion: European equities and FX broaden footprint.
  • Data & Access: Market data and connectivity services provide recurring income.

Strategic Mix

Options U.S. options exchanges
Futures CFE, VIX futures
North American Equities & FX Bats exchanges and Hotspot FX
Global Data & Access Solutions Connectivity, market data, SaaS

Mix follows Cboe's reporting segments.

Recent Performance

MTD TBD
QTD TBD
YTD TBD
5Y TBD

Maxim is cueing up returns data for this security. Once the nightly supported.csv job runs, these metrics will auto-populate.

Strategic Insights

Volatility Demand

Macro uncertainty drives demand for hedging products.

Digital Assets

Acquisition of ErisX positions Cboe in crypto spot/futures.

Regulatory Advantage

Clearing/surveillance capabilities appeal to institutional clients.

Latest Coverage

Curated headlines sourced from Maxim’s AI newsroom.

Loading latest coverage...