• 215
  • 18
  • 收藏

Exchange operator Cboe's 3rd-qtr profit boosted by VIX franchise

Reuters2021-10-29

Oct 29 (Reuters) - Exchange operator Cboe Global Markets Inc on Friday said its third-quarter profit jumped 9%, driven by higher trading levels across nearly all of its segments, notably in index options and volatility products.

Cboe, which provides trading platforms and products in equities, derivatives and foreign exchange across North America, Europe and Asia Pacific, last week said it agreed to acquire cryptocurrency trading platform ErisX for an undisclosed amount.

"The past two weeks have been a watershed moment for the digital asset industry with the launch of trading in the first bitcoin ETF in the U.S. equities market," Cboe Chief Executive Officer Ed Tilly said on a call with analysts on Friday.

"As the appetite for ownership and digital assets continues to grow, we believe Cboe can play a guiding role in shaping the trajectory of this revolutionary market."

The company plans to work with regulators to gain approval for margin futures and other derivatives products for cryptocurrencies, to expand ErisX, executives on the call said.

In the third quarter, Cboe earned $1.45 per share on an adjusted basis, which was a penny above analysts' expectations, according to IBES data from Refinitiv.

While volumes were up nearly across the board, Cboe's proprietary index options and volatility products such as the VIX volatility index stood out.

Average daily volume for VIX futures was up 29% year-over-year, VIX options were up 32%, and SPX options rose 39%.

Chicago-based Cboe, long established in North America and Europe, recently bought Chi-X Asia

an alternative market operator, to expand into Japan and Australia.

That deal, which closed in late June, drove a 53% increase in revenue at the company's Europe and Asia Pacific segment.

Cboe's total revenue, excluding costs, rose 27% to $369.5 million.

免责声明:本文观点仅代表作者个人观点,不构成本平台的投资建议,本平台不对文章信息准确性、完整性和及时性做出任何保证,亦不对因使用或信赖文章信息引发的任何损失承担责任。

举报

评论18

  • ITNerd
    ·2021-10-30
    Like and comment please 
    回复
    举报
  • ASMH
    ·2021-10-30
    Like 
    回复
    举报
  • WjsdSGTi
    ·2021-10-30
    666
    回复
    举报
    收起
    • T2C
      Yes
      2021-10-30
      回复
      举报
    • WjsdSGTi
      Strong
      2021-10-30
      回复
      举报
  • Lanying
    ·2021-10-30
    O
    回复
    举报
    收起
    • Lanying
      O
      2021-10-30
      回复
      举报
  • yonglh
    ·2021-10-30
     Like pls
    回复
    举报
  • KerenPeng
    ·2021-10-30
    Great
    回复
    举报
  • KCtan1688
    ·2021-10-30
    Like 
    回复
    举报
    收起
    • yonglh
      Ok
      2021-10-30
      回复
      举报
    • KCtan1688
      Like
      2021-10-30
      回复
      举报
  • ML808
    ·2021-10-30
    Great
    回复
    举报
  • ToTheMOON
    ·2021-10-30
    J
    回复
    举报
  • OddEyeCircle
    ·2021-10-30
    Please like and comment on
    回复
    举报
    收起
  • 419eae9a
    ·2021-10-30
    Ok
    回复
    举报
    收起
    • OddEyeCircle
      please like and comment on
      2021-10-30
      回复
      举报
  • Sunny0809
    ·2021-10-30
    Ok
    回复
    举报
    收起
  • DarkRaven
    ·2021-10-30
    Up
    回复
    举报
  • ALLOYHUAT
    ·2021-10-30
    Like
    回复
    举报
    收起
  • KaiKaiMinMin
    ·2021-10-30
    nice
    回复
    举报
  • jovrene
    ·2021-10-29
    Up
    回复
    举报
    收起
    • d51293f
      please help to like
      2021-10-30
      回复
      举报
  • Boink
    ·2021-10-29
    Like and comment 
    回复
    举报
    收起
  • mintcookie
    ·2021-10-29
    oh
    回复
    举报
 
 
 
 

热议股票

 
 
 
 
 

7x24