EQS-News: Cboe Global Markets, Inc. Cboe Announces Options Tick Increment Change For VIX Options 29.11.2022 / 14:00 CET/CEST The issuer is solely responsible for the content of this announcement. Cboe Futures Exchange LLC (CFE) and Cboe Options Exchange (C1) implemented the following changes to .
EQS-News: Cboe Global Markets, Inc. Cboe Announces Options Tick Increment Change For VIX Options 29.11.2022 / 14:00 CET/CEST The issuer is solely responsible for the content of this announcement. Cboe
New Mini VIX Future Product Impacts Cboe Global Markets 2020 Revenue
Posted on 02/06/2021
Cboe Global Markets, Inc. (Cboe: CBOE) recently reported financial results for the 2020 fourth quarter and full year.
Cboe Global Markets saw futures net revenue of US$ 21.5 million decreased US$ 9.4 million, or 30 percent, primarily due to a decline in net transaction fees. Net transaction and clearing fees decreased $10.1 million, or 39 percent, reflecting a 30 percent decrease in ADV and a 12 percent decline in revenues per contract (RPC). The revenues per contract decline was primarily due to the addition of Mini-VIX futures, which are one-tenth the size of the standard VIX futures and have a lower fee per contract. The RPC variance also reflects higher volume from corporate bond index futures and associated lead market maker incentives.
Cboe to List Mini-Russell 2000 Index Options
Smaller contract at one-tenth the size of standard Russell 2000 Index options
Designed to provide greater flexibility and precision for U.S. small-cap equity trading strategies
An alternative to comparable ETF options providing exposure to U.S. small-cap equities
Cash-settled (no unwanted delivery of physical shares) and European-style (no early exercise)
MRUT Weeklys include Monday, Wednesday and Friday expiries
CHICAGO – February 1, 2021 – Cboe Global Markets, Inc. (Cboe: CBOE), a market operator and global trading solutions provider, today announced plans to launch trading in Mini-Russell 2000® Index options on Cboe Options Exchange beginning Monday, March 1, pending regulatory approval.