Cboe Global Markets plans to launch extended trading hours for single-stock options on select mega-cap stocks, including the Magnificent Seven (Nvidia, Microsoft, Apple, Alphabet, Amazon, Meta, and Tesla). Trading will begin at 7:30 EDT, two hours before major indexes open, and run until 4:15 EDT. The move benefits Cboe, which generates most revenue from trading fees. The company thrives on volatility — its Constituent Volatility Index (VIXEQ) hit 50 in Q1, amongst the highest levels in five years. Cboe reported record Q1 results, with revenue up 29% and earnings up 54% year-over-year. Options revenue increased 33% on a 10% rise in average daily volume. The stock reached an all-time high of $366 per share on 13 May but has since fallen to $265, up 5% year-to-date.

Cboe Global Markets reported record trading volumes for June 2026 across multiple business lines. Multi-listed options averaged 16.6 million contracts daily, up 40.5% year-over-year, whilst index options rose 36.8% to 6.3 million contracts. The company set a single-day volume record of 33.4 million contracts on 5 June. S&P 500 Index options achieved a quarterly average of 5.1 million contracts, with a single-day record of 7.8 million on 5 June. Zero-days-to-expiry SPX options reached a monthly record of 3.3 million contracts. U.S. off-exchange equities saw particularly strong growth, with matched shares up 103.2% year-over-year to 250 million daily. European, Canadian, and Australian equities all posted volume increases exceeding 20%.

Cboe Global Markets' revenue has grown approximately 25% over two years, driven by diversification beyond traditional exchange trading. The company generates income from options, equities, futures, foreign exchange, digital assets and market data. Its options business remains the primary growth driver, with strong institutional demand for SPX and VIX index options. Cboe is expanding recurring, non-transaction revenues through high-margin market data and connectivity services, reducing dependence on trading volumes. International acquisitions across Europe, Canada, Australia and Japan have broadened the customer base and created cross-selling opportunities. Management has raised its organic net revenue growth outlook to low double-digit to mid-teens range, up from previous guidance of mid-single-digit growth. Competitors Nasdaq and Intercontinental Exchange have similarly diversified their revenue streams beyond exchange trading.