Cboe's quarterly profit rises on strong options trading
Reuters
Oct 31
Cboe's quarterly profit rises on strong options trading
Oct 31 (Reuters) - Derivatives exchange Cboe Global Markets CBOE.Z reported a rise in third-quarter profit on Friday, helped by robust options trading as investors stepped up hedging amid geopolitical tensions and macroeconomic uncertainty.
Cboe's adjusted net income rose to $279.8 million, or $2.67 per share, during the three months ended September 30, compared with $232.9 million, or $2.22 per share, a year earlier.
(Reporting by Prakhar Srivastava in Bengaluru; Editing by Shreya Biswas)
((Prakhar.srivastava2@thomsonreuters.com;))
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