Cboe Global Markets

Cboe Global Markets has completed the sale of the Australian exchange to the TMX Group; the business will now operate as TMX Australia Exchange. Cboe says the transaction is part of a realignment to focus resources on its core business and to free up capital for long‑term priorities. Its presence in the Asia‑Pacific region will be maintained through U.S. equities, derivatives, market data and educational offerings. The sale of Cboe Canada to TMX was announced in April and is expected to close later pending regulatory approval. » More on de.investing.com

Cboe Global Markets recorded a record trading volume at its options exchanges in June with an average daily volume of 23.0 million contracts; average daily volume in Q2 was 21.9 million. A single‑day record of 33.4 million contracts was set on June 5. Multiply listed options rose to a monthly average of 16.6 million contracts (+40.5% vs. June 2025), and proprietary index options as well as S&P 500 options reached quarterly and single‑day records. The company provided preliminary revenue‑per‑contract estimates for Q2 (multiply listed options $0.064, index options $0.953, total $0.317), continued to show strong profitability (gross margin 54%, diluted earnings $11.71 per share LTM) and reported a marked increase in equities trading volume (average 2.2 billion consolidated shares, +22.8%). » More on de.investing.com

The stock of Cboe Global Markets was trading near its 52-week low of around $244, is currently considered undervalued by InvestingPro and shows solid fundamentals with eleven years of rising dividends and a PEG of 0.38. Cboe is launching new binary options contracts on the mini‑S&P‑500 under the name "Cboe Predicts", available via Interactive Brokers and soon Charles Schwab. Analyst reactions are mixed: Erste Group cut the rating to "Hold" citing an expected slowdown in growth, while RBC confirmed its "Sector Perform" view with a $303 price target. Investors are also concerned about potential effects from perpetual crypto futures if these are extended to stocks. » More on de.investing.com