Business mix
- It operates through five segments: Options, North American Equities, Europe and Asia Pacific, Futures, and Global FX.
- The Options segment includes options on market indices, as well as on the stocks of individual corporations and on trading solutions and products in multiple asset classes.
- The North American Equities segment comprising U.S. equities and ETP transaction services. This segment also includes listing services on Cboe Canada, ETP listings on BZX, the Cboe Global Markets, Inc. common stock listing, and applicable market data.
- The Europe and Asia Pacific segment provides pan-European derivatives transaction services, ETPs, including exchange traded funds, exchange traded notes, and exchange traded commodities, and international depository receipts.
Current key questions
- Can asset growth, client flows, fee rates, credit quality, or spread income support durable earnings in financial data & stock exchanges?
- How sensitive are margins and returns to interest rates, market levels, funding costs, and regulation?
- Do capital allocation, risk controls, and balance-sheet quality improve long-term per-share value?
