Cboe Global Markets Inc.

Strong Financial Performance: Cboe Global Markets reported a 5% year-over-year increase in fourth quarter net revenue to $524.5 million and achieved a record full-year revenue of $2.1 billion, reflecting an 8% growth compared to the previous year. Adjusted diluted earnings per share rose 2% to $2.10 in Q4 and 10% for the full year, reaching $8.61.

Derivatives Business Growth: The Derivatives sector, particularly index options like SPX and VIX, experienced solid growth, with SPX options ADV reaching 3.1 million contracts, a 7% increase YOY, and VIX options ADV hitting 830,000 contracts, up 12%. This growth was driven by heightened investor interest and favorable hedging demand amidst changing market conditions.

Expansion of Data Vantage Business: The Data Vantage segment reported an 8% revenue increase in Q4 and strong demand for access to products, indicating robust potential for the growing analytics and market data services. The company expects mid to high-single digit organic net revenue growth in 2025 for this segment, reflecting effective product development and international sales efforts.