$CBOE

Cboe will launch a self-service Mutual Adjust/Bust tool in its Customer Web Portal on September 28, 2026. The tool will automate the management of mutual adjust and bust requests for electronic executions. Members must transition to the new tool by October 12, 2026, when the existing form will be decommissioned. Account Administrators need to assign permissions for the tool before the deadline.

CME Group (CME) is suing the CFTC over the classification of perpetual futures, which Bank of America (BAC) believes could benefit CME regardless of the outcome. The dispute centers on whether perpetual contracts should be classified as swaps or futures, with significant commercial implications. Bank of America estimates crypto perpetual trading could reach $93 trillion by 2025, highlighting the market's potential impact on derivatives exchanges like CME, Cboe (CBOE), and Intercontinental Exchan

The SEC is reviewing 'novel ETFs,' including leveraged funds and prediction-market ETFs, to assess investor protection and market integrity. The U.S. ETF industry, now over $12 trillion, argues the review could slow product launches. Companies like Direxion, YieldMax, and Roundhill are involved, with some ETFs offering 3x-5x leverage or exposure to political outcomes.

U.S. options market is on track for a seventh record year, with Cboe (CBOE) and Nasdaq (NDAQ) reporting strong growth. Cboe's Q2 2026 revenue rose 25% to $732M, while Nasdaq's increased 15% to $1.5B. Both exchanges are expanding offerings, including new trading products and extended hours.

CBOE Global Markets reported record Q2 2026 revenue, up 25% YoY, driven by trading volume. Competitors Robinhood and Interactive Brokers also benefited, with Robinhood's transaction revenue up 44% YoY and Interactive Brokers' commission revenue up 30%. Robinhood's interest income rose 9% YoY, while Interactive Brokers' increased 23%, highlighting different revenue models.

Perpetual futures (perps), 24/7-traded derivatives, are growing rapidly, raising concerns among traditional exchanges like CME Group and Cboe. President Trump's comments hint at potential CFTC regulation for Hyperliquid, a decentralized perp trading platform. Perps track various assets, offer high leverage, and threaten traditional exchanges' revenue streams. Hyperliquid's HYPE token has surged 196% this year, and major players are preparing for related derivatives. CME's CEO Terry Duffy has cri

Cboe Global Markets raised its quarterly dividend by 20% and increased its 2026 revenue growth target. It expanded its clearing service to include fixed-income instruments and launched new prediction markets. Analysts expect Q3 2026 earnings of $3.37, up 26.22% YoY, with a consensus price target of $313.13.

The CFTC's new Innovation Advisory Committee, chaired by Walt Lukken, held its first meeting with 40+ members, including CEOs from Coinbase, CME, Kalshi, and other crypto and traditional market firms. The agenda covered crypto regulation, AI in finance, and prediction markets. The CFTC has a track record in crypto regulation, including approving bitcoin perpetual futures contracts. The meeting follows a White House event where President Trump discussed crypto regulation with industry executives.

President Trump hinted at regulating Hyperliquid, a decentralized exchange owned by Hyperliquid Strategies (PURR). Shares surged 30%, bringing YTD gains to 163%. HYPE token rose 18%. Cboe, Miami International, and CME Group shares dropped. Options volume spiked, with heavy call buying. Hyperliquid's CEO confirmed regulatory discussions with the CFTC. Bitcoin-related ETFs also saw increased trading.

Cboe BZX filed with the SEC to approve two Volatility Shares ETFs seeking 3x the daily performance of CME Bitcoin and Ether futures, structured as commodity pools under CFTC oversight. The SEC notice starts a review, with no tickers, fees, or launch date set. The funds would roll futures and use daily compounding, so returns may diverge from spot.