Latest news with #JillGriebenow
Yahoo
01-08-2025
- Business
- Yahoo
Cboe profit rises as market volatility boosts hedging activity
(Reuters) -Derivatives exchange Cboe Global Markets reported a rise in second-quarter profit on Friday, as looming economic uncertainties fueled market turmoil and boosted options trading. Investors and portfolio managers rushed to hedge their positions during the period, responding to a spike in market volatility fueled by renewed geopolitical tensions in the Middle East and unpredictable trade policies from U.S. President Donald Trump. That typically leads to a surge in trading volumes, driving up transaction and clearing fees for exchanges. Cboe's options trading business revenue jumped 19% to $364.8 million, while Europe and Asia Pacific revenue climbed 30% to $70 million. The company has "achieved another quarter of record net revenue and strong adjusted earnings growth, highlighting the durability across our exchange ecosystem", said Chief Financial Officer Jill Griebenow. Average daily volume in index options hit 4.7 million contracts during the quarter ended June 30, compared with 4 million a year earlier. Cboe wrapped up a strong quarter for exchanges across the country such as CME Group, Nasdaq and Intercontinental Exchange. The company's net revenue rose 14% to a record high of $587.3 million. Its adjusted net income rose to $257.8 million, or $2.46 per share, from $226.2 million, or $2.15 per share, a year earlier. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
01-08-2025
- Business
- Reuters
Cboe profit rises as market volatility boosts hedging activity
Aug 1 (Reuters) - Derivatives exchange Cboe Global Markets (CBOE.Z), opens new tab reported a rise in second-quarter profit on Friday, as looming economic uncertainties fueled market turmoil and boosted options trading. Investors and portfolio managers rushed to hedge their positions during the period, responding to a spike in market volatility fueled by renewed geopolitical tensions in the Middle East and unpredictable trade policies from U.S. President Donald Trump. That typically leads to a surge in trading volumes, driving up transaction and clearing fees for exchanges. Cboe's options trading business revenue jumped 19% to $364.8 million, while Europe and Asia Pacific revenue climbed 30% to $70 million. The company has "achieved another quarter of record net revenue and strong adjusted earnings growth, highlighting the durability across our exchange ecosystem", said Chief Financial Officer Jill Griebenow. Average daily volume in index options hit 4.7 million contracts during the quarter ended June 30, compared with 4 million a year earlier. Cboe wrapped up a strong quarter for exchanges across the country such as CME Group (CME.O), opens new tab, Nasdaq (NDAQ.O), opens new tab and Intercontinental Exchange (ICE.N), opens new tab. The company's net revenue rose 14% to a record high of $587.3 million. Its adjusted net income rose to $257.8 million, or $2.46 per share, from $226.2 million, or $2.15 per share, a year earlier.
Yahoo
07-02-2025
- Business
- Yahoo
Cboe Global Markets to Present at the BofA Securities 2025 Financial Services Conference on February 12
CHICAGO, Feb. 7, 2025 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, announced today that Fredric Tomczyk, Chief Executive Officer, Jill Griebenow, Executive Vice President and Chief Financial Officer, David Howson, Executive Vice President and Global President, and Chris Isaacson, Executive Vice President and Chief Operating Officer, will present at the BofA Securities 2025 Financial Services Conference in Miami, Florida on Wednesday, February 12 at 12:10 p.m. ET. The live webcast and replay of the presentation will be accessible at under Events and Presentations. The archived webcast is expected to be available within an hour of the presentation. About Cboe Global MarketsCboe Global Markets (Cboe: CBOE), the world's leading derivatives and securities exchange network, delivers cutting-edge trading, clearing and investment solutions to people around the world. Cboe provides trading solutions and products in multiple asset classes, including equities, derivatives and FX, across North America, Europe and Asia Pacific. Above all, we are committed to building a trusted, inclusive global marketplace that enables people to pursue a sustainable financial future. To learn more about the Exchange for the World Stage, visit Cboe Media Contacts Cboe Analyst Contact Angela Tu Tim Cave Kenneth Hill, CFA +1-646-856-8734 +44 (0) 7593-506-719 +1-312-786-7559 atu@ tcave@ khill@ CBOE-CCBOE-OE Cboe® and Cboe Global Markets® are registered trademarks of Cboe Exchange, Inc. All other trademarks and service marks are the property of their respective owners. View original content to download multimedia: SOURCE Cboe Global Markets, Inc. Sign in to access your portfolio
