Latest news with #CboeJapan
Business Insider
24-07-2025
- Business
- Business Insider
Cboe Global Markets to cease Japanese equities operations
Cboe Global Markets (CBOE) announced its decision to wind down its Japanese equities business, including the operations of its Cboe Japan proprietary trading system and Cboe BIDS Japan block trading platform. Cboe expects to suspend operations for these businesses on August 29, 2025 and formally close the businesses subject to consultation with regulators. The decision to close this business reflects Cboe's disciplined strategy to steward resources towards opportunities that deliver the best potential returns for shareholders and was taken in the context of evolving business conditions, which challenged the financial sustainability of maintaining operations of Cboe's equities business in the country. The company anticipates that the wind down of the Cboe Japan equities operations will have an immaterial impact on Cboe's organic total net revenue growth and adjusted operating expense guidance in 2025. The company estimates that adjusted expense savings will be in the range of $2M to $4M in 2025, with savings expected to be in the $10M to $12M range on a normalized annual basis. Cboe will provide more details during its forthcoming second-quarter 2025 earnings call on August 1, 2025. Elevate Your Investing Strategy:
Yahoo
23-07-2025
- Business
- Yahoo
Cboe Global to exit Japan equities operations
(Reuters) -Cboe Global Markets said on Wednesday it will wind down its Japanese equities business, including the Cboe Japan proprietary trading system and Cboe BIDS Japan block trading platform. The company expects to suspend operations on August 29, 2025, and formally close the business after consultations with regulators. The decision was made in response to evolving business conditions that challenged the financial sustainability of maintaining its equities operations in Japan.
CNA
23-07-2025
- Business
- CNA
Cboe Global to exit Japan equities operations
Cboe Global Markets said on Wednesday it will wind down its Japanese equities business, including the Cboe Japan proprietary trading system and Cboe BIDS Japan block trading platform. The company expects to suspend operations on August 29, 2025, and formally close the business after consultations with regulators. The decision was made in response to evolving business conditions that challenged the financial sustainability of maintaining its equities operations in Japan.
Yahoo
23-07-2025
- Business
- Yahoo
Cboe Global to exit Japan equities operations
(Reuters) -Cboe Global Markets said on Wednesday it will wind down its Japanese equities business, including the Cboe Japan proprietary trading system and Cboe BIDS Japan block trading platform. The company expects to suspend operations on August 29, 2025, and formally close the business after consultations with regulators. The decision was made in response to evolving business conditions that challenged the financial sustainability of maintaining its equities operations in Japan.
