Cboe Global Markets, Inc. today reported financial results for the fourth quarter of 2023 and full year.
Global FX net revenue of $18.9 million increased 12% from the year-ago quarter, primarily due to higher net transaction and clearing fees.
ADNV traded on the Cboe FX platform was $47.0 billion for the fourth quarter of 2023, up 15% compared to last year’s fourth quarter, and net capture rate per one million dollars traded was $2.60 for the quarter, down 3% compared to $2.69 in the fourth quarter of 2022.
Cboe FX market share was 21.3% for the quarter compared to 18.4% in last year’s fourth quarter, which set a quarterly record for Cboe FX. The record was driven by new client growth and increased adoption of our diverse set of FX order types and trading protocols.
Total revenues less cost of…
Read More