Latest news with #CBOEGlobalMarkets
South China Morning Post
22-07-2025
- Business
- South China Morning Post
What Hong Kong should do to prepare for a market that never sleeps
Longer trading hours may become a global trend as more market operators embrace the idea in the coming months, as the London and Hong Kong exchanges attempt to gain first-mover advantage. The London Stock Exchange Group is reported to be studying the merits of 24-hour trading, while Hong Kong Exchanges and Clearing (HKEX) is preparing a new trading system that can support round-the-clock trading in financial derivatives. The cryptocurrency market has achieved that. Here is some background and likely steps for Hong Kong to become a financial market that never sleeps. Are there any stock markets that trade 24 hours a day? No. The Frankfurt Stock Exchange is open for trading for 14 hours from 8am to 10pm. CBOE Global Markets, the world's biggest options trading market, operates 24 hours a day, five days a week. Hong Kong's stock market runs for 5½ hours per day, while investors can trade derivatives for 15½ hours. What needs to be done to get there?
San Francisco Chronicle
02-05-2025
- Business
- San Francisco Chronicle
CBOE: Q1 Earnings Snapshot
CHICAGO (AP) — CHICAGO (AP) — CBOE Global Markets, Inc. (CBOE) on Friday reported first-quarter net income of $249.4 million. The Chicago-based company said it had net income of $2.37 per share. Earnings, adjusted for one-time gains and costs, were $2.50 per share. The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $2.36 per share. The holding company for the Chicago Board Options Exchange posted revenue of $1.2 billion in the period. Its adjusted revenue was $565.2 million, also beating Street forecasts. Nine analysts surveyed by Zacks expected $556.6 million. CBOE shares have risen 13% since the beginning of the year. The stock has climbed 23% in the last 12 months.
