Full-Time
Operates exchange networks for derivatives trading
$130.9k - $169.4k/yr
No H1B Sponsorship
Chicago, IL, USA
In Person
Four days in the office per week are required.
Bachelor's
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Cboe Global Markets operates an exchange network that lists and trades a wide range of financial instruments, including global derivatives, foreign exchange, digital assets, and securities. Its platform matches buy and sell orders, clears and settles trades, and earns revenue from transaction fees and market data. The company serves institutional investors, retail investors, and financial intermediaries through a global infrastructure that facilitates trading and data services. Unlike firms that focus on a single asset class, Cboe offers multiple asset classes and a long history (over 50 years) to provide broad market access and reliable infrastructure. The goal is to power the global economy by creating inclusive markets and helping investors build sustainable financial futures, while also supporting community growth and employee development.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Chicago, Illinois
Founded
1973
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Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Unlimited Paid Time Off
Flexible Work Hours
Hybrid Work Options
401(k) Retirement Plan
401(k) Company Match
Paid Vacation
Paid Sick Leave
Paid Holidays
Paid Parental Leave
Fertility Treatment Support
Professional Development Budget
Conference Attendance Budget
Cboe Global Markets reported record second-quarter results for 2026, with diluted earnings per share rising 50% to $3.35 and adjusted diluted EPS increasing 45% to $3.56. Net revenue reached a record $731.6 million, up 25% year-over-year. The company raised its full-year organic total net revenue growth target to "mid to high teens" from "low double-digit to mid teens". Data Vantage organic net revenue growth guidance was increased to "low teens" from "low double-digit". Cboe reaffirmed adjusted operating expense guidance of $838 million to $853 million. The Options segment posted record net revenue of $473.9 million, up 30%, driven by a 26% increase in average daily volume. North American Equities net revenue rose 17% to $114.7 million. Chief executive Craig Donohue cited progress in executing the company's growth strategy across event contracts, Cboe Clear US, and around-the-clock market access.
Cboe Global Markets recently entered into a Third Amended and Restated Credit Agreement, securing a senior unsecured US$400 million five-year revolving credit facility, expandable to US$600 million and maturing on July 24, 2031, with interest rates tied to public debt ratings and key benchmark reference rates. The updated facility not only refreshes legal terms but also adds flexibility in covenants and permissions to better support Cboe’s clearing activities and potential subsidiary...
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.