Cboe registers 11% Y/Y increase in global FX net revenue in Q2 2024

Cboe registers 11% Y/Y increase in global FX net revenue in Q2 2024

Cboe Global Markets, Inc today reported financial results for the second quarter of 2024.

Total revenues less cost of revenues of $513.8 million increased 10%, compared to $467.1 million in the prior-year period, a result of increases in cash and spot markets, derivatives markets, and data and access solutions net revenue.

Global FX record net revenue of $19.8 million increased 11% from the year-ago period, primarily due to higher net transaction and clearing fees. ADNV traded on the Cboe FX platform was $47.7 billion for the quarter, up 12 percent compared to last year’s second quarter, and net capture rate per one million dollars traded was $2.69 for the quarter, up 1 percent compared to $2.66 in the second quarter of 2023.

Cboe FX market share was 20.2 percent for the quarter compared to 19.5 percent…
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