Movement Alert|Cboe Global Markets, Inc. Rises 5.11% in Regular Trading, Earnings Season Approaching Amid Elevated Volatility and Strong Trading Volumes

Market Focus07-22 21:48

On July 22, Cboe Global Markets, Inc. rose 5.11% in regular trading, trading at $288.83/share, with Turnover of $63.37 million. The exchange sector broadly strengthened, with peer CME Group rising 6.27% in the same session.

On the news front, U.S. exchanges entered the earnings release window this week, with market expectations that volatility-driven trading volumes would significantly boost results. The VIX index recently surged 10% in a single day amid a chipmaker selloff and escalating US-Iran tensions, sustaining a high-volatility environment favorable to exchange revenue. The company's June data showed multi-listed equity options average daily volume surging 40.5% year-over-year, SPX index options ADV rising 36.8%, and on-exchange U.S. equity ADV increasing 22.8% to 2.185 billion shares. Cboe Global Markets, Inc. is scheduled to report Q2 earnings on July 31, with consensus EPS estimated at $3.41.

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