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Exchange operator Cboe's quarterly profit climbs as hedging activity surges

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  Exchange operator Cboe Global Markets reported a rise in fourth-quarter adjusted profit on Friday, driven by increased options trading as investors sought to hedge risks.

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The article from Reuters, published on February 7, 2025, discusses how Cboe Global Markets Inc., a major U.S. exchange operator, reported a significant increase in its quarterly profit. This rise was attributed to a surge in hedging activity, particularly in options trading, as investors sought to manage risks amid volatile market conditions. Cboe's adjusted earnings per share were $2.06, surpassing the analysts' expectations of $2.01. The company also saw a 10% increase in trading volumes, driven by heightened demand for options and futures contracts. Additionally, Cboe's strategic focus on expanding its product offerings and enhancing its technology infrastructure contributed to its robust financial performance. The CEO highlighted the company's ability to adapt to market needs and provide innovative solutions as key factors in their success.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/finance/exchange-operator-cboes-quarterly-profit-climbs-hedging-activity-surges-2025-02-07/ ]


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