CBOE · Cboe Global Markets Inc

297.84−0.66  (−0.22%)

Price

Snapshot

50 fields · last close
Market Cap$31.17B
P/E22.89
Float104.4M
Beta0.41
Volatility10.2%
ExchangeBATS
SectorFinancial Services
Cap tierLarge cap
Macro sensitivityLow
Clavix score76
Price297.84
Change−0.22%
Prev Close298.50
Open296.00
Day Low290.08
Day High300.62
Avg Vol1
Avg $ Vol$203.7M
52W High371.18
52W Low227.15
52W Pos49.1%
From High−19.76%
From Low+31.12%
Max DD 1Y−36.87%
Spread0.10%
LiquidityNormal
SMA 20+0.11%
SMA 50+5.18%
SMA 200+4.39%
RSI (14)51.3
Vol 30D40.4%
Vol 90D48.3%
1Y Range227–371
Daily bars507
Perf Week−4.92%
Perf Month+4.83%
Perf Quarter+4.36%
Perf Half Y−0.92%
Perf Year+27.47%
Perf YTD+20.04%
Prev Day−0.22%
ClavixB+
Debt / Eq0.28
Curr Ratio1.87
Int Cover61.3×
FCF Margin15.1%
Rev Growth+2.2%
ProfitProfitable
LeverageLow
Sector rank33 / 69

What CBOE does

Cboe Global Markets, Inc., through its subsidiaries, operates as a derivatives and securities exchange network that delivers trading, clearing, and investment solutions in the United States and internationally.

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, stocks of individual corporations, and exchange-traded products (ETPs), such as exchange-traded funds (ETFs) and exchange-traded notes (ETNs).

This segment also offers trading in listed options through a single system. The North American Equities segment comprises 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; international depository receipts; and an ETP listings business on regulated markets and clearing activities, as well as equities services.

The Futures segment offers transaction services, including trading in VIX futures and other futures products, the licensing of proprietary market data, and access and capacity services.

The Global FX segment provides institutional foreign exchange (FX) trading and non-deliverable forward FX transaction services.

The company also provides trading solutions and products in multiple asset classes, including equities, derivatives, and FX across North America, Europe, and Asia Pacific.

It has strategic relationships with S&P Dow Jones Indices, LLC; Frank Russell Company; and FTSE International Limited.

The company was formerly known as CBOE Holdings, Inc. and changed its name to Cboe Global Markets, Inc. in October 2017.

Cboe Global Markets, Inc. was founded in 1973 and is headquartered in Chicago, Illinois.

Clavix risk grade

regraded every trading day
B+76/100

CBOE grades B+, 76 of 100. Steadiest on Sector Resilience (80), most exposed on Price Stability (52, mixed). 3 of the 4 weighted dimensions sit above the Financial Services median. Ranks 33 of 69 in Financial Services by Clavix score.

PriceMacroSectorNewsFinancial

How rough the ride is

CBOEFinancial Services median
Betavs the overall market · lower is steadier0.411.20
Volatilityannualized10.2%30.0%
Max drawdown, past yearworst peak-to-trough fall−36.9%
Typical daily movemedian absolute daily change1.10%
Days beyond ±3%of the last 252 sessions3112%

How its days are spread

Daily returns over the last 252 sessions in 1% bins. Moves beyond ±6% land in the end bins.

52-week range

CBOE
298.50

The bar runs from the lowest to the highest close of the last 252 sessions; the marker is the latest close.

Drawdown from the 1-year peak

CBOE

Percent below the running high over the last 12 months. Zero is a fresh high.

Market sensitivity

CBOEFinancial Services median
Beta to the markethow much it swings with the S&P 500 · lower is safer0.411.20
Macro sensitivityrate, dollar and credit exposure bucketLowModerate40% of 70

Where it sits on the macro scale

Low 7Moderate 28High 24Very High 11

Low means rates, the dollar and credit spreads barely move it. Very High means they drive a large share of its swings. The counts are how many Financial Services names sit in each bucket.

Where it ranks in its sector

Sector
Financial Services69 companies ranked
CBOE
#33 of 69

Rank by Clavix score within the sector. Right is the top of the sector.

Price performance

CBOE
1 week−4.9%
1 month+4.8%
Year to date+20.0%
1 year+27.5%

Context for the rank, not itself a risk measure.

Recent coverage, scored

CBOE
Articles scoredthe most recent scored coverage, up to 3030since 14 Jul
Average score0 most bearish, 100 most bullish61
Bullish · bearisharticles above 60 · below 4022 · 5
Directionarticles whose tone is improving vs worsening22 ↑ 5 ↓

Where the article scores land

Each bar is a 10-point band of article scores. Below 40 reads bearish, above 60 bullish.

Balance sheet, against the sector

Debt / equityTotal debt vs shareholder equity · lower is stronger
0.28sector median 0.83 · 70 names
Current ratioShort-term assets vs liabilities · higher is stronger
1.87sector median 1.03 · 62 names
FCF marginFree cash flow as a share of revenue · higher is stronger
15.1%sector median 27.9% · 65 names
Interest coverageOperating income vs interest expense · higher is stronger
61.3×sector median 7.6× · 57 names

The shaded band is the middle half of the 70 Financial Services names Clavix covers; the tick is the sector median.

Growth

CBOE
Revenue growthyear over year+2.2%

Financial Health is shown but does not count toward the grade. Why

0–100, higher is safer. The tick on each bar is the Financial Services median. Click a dimension for the evidence behind it. Financial Health is shown but does not count toward the grade.

Against Financial Services

70 companies
MetricCBOESector spreadMedian
Beta0.41
1.20
Volatility10.2%
30.0%
P/E22.89
20.95
Debt / equity0.28
0.83
Current ratio1.87
1.03
FCF margin15.1%
27.9%
Interest coverage61.3×
7.6×

Recent news

most recent scored articles · the chip is the article’s score · click to open

The Manufacturers Life Insurance Company bought 206,700 shares of Cboe Global Markets in the second quarter, worth about $50.16 million, giving it a 0.19% stake. The purchase was disclosed in a regulatory filing with the Securities and Exchange Commission.

Source tickerreport.com Significance moderate Impact financial impact Risk improving

Read the article →

Kalshi, an online marketplace where people bet on the outcomes of real-world events like elections, has asked the SEC to delay product launches from rival Cboe Global Markets, according to a Bloomberg report dated August 25.

Source PYMNTS Significance minor Impact regulatory Risk worsening

Read the article →

Kalshi, a prediction market (a platform where people bet on real-world outcomes), has asked the SEC to block Cboe Global Markets from launching new binary options (yes/no bets) tied to specific lines in company earnings reports. Cboe's CEO publicly argued that prediction market products should fall under SEC oversight rather than the lighter CFTC regulation they currently enjoy.

Source pymnts.com Significance minor Impact regulatory Risk worsening

Read the article →

CBOE Global Markets received a GF Score of 92 out of 100 from GuruFocus, an investing research platform. The article describes this score as signaling strong outperformance potential and labels CBOE a 'high-quality compounder.' No additional details, numbers, or company-specific developments were provided.

Source gurufocus.com Significance moderate Impact financial impact Risk improving

Read the article →

Cboe BZX Exchange, part of CBOE Global Markets, has formally asked the SEC for permission to list and trade new exchange-traded funds designed to deliver three times the daily performance of Bitcoin and Ethereum.

Source crowdfundinsider.com Significance minor Impact product Risk improving

Read the article →

Nearest peers by size

Financial Services
TickerCompanyGradeMkt capP/EBeta
ARESAres Management CorpC+$31.69B50.101.54Compare
LPLALPL Financial Holdings IncB-$28.38B27.770.54Compare
NTRSNorthern Trust CorpA-$34.29B15.221.23Compare
FISVFiserv IncB$28.04B9.980.86Compare
RJFRaymond James Financial IncB+$34.84B15.040.94Compare
CPAYCorpay IncB+$27.56B23.970.96Compare
SYFSynchrony FinancialB+$25.98B7.251.42Compare
AFRMAffirm Holdings IncC-$25.07B12.993.80Compare

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