Illinois-based Cboe Global Markets, Inc. (CBOE) is a leading global exchange operator and financial market infrastructure provider that offers trading, clearing, and investment solutions across multiple asset classes. The company operates some of the world's largest and most liquid marketplaces for equities, options, futures, foreign exchange, and digital assets.
With a market cap of approximately $27.8 billion, the company sits in the “large-cap” territory, a space reserved for firms valued above $10 billion. Cboe Global Markets' key strengths include its leading position in U.S. options trading, diversified operations across multiple asset classes and geographies, and strong recurring revenue from market data and access fees. The company also benefits from proprietary products such as the VIX volatility index, supporting resilient earnings growth.