The Cboe beat it’s third-quarter profit estimates due to an uptick in hedging activity ahead of the Election and nerves over geopolitical turmoil Average daily volumes in total company options increased to 14.88 million contracts in the quarter ended Sept. 30, from 14.59 million…
Cboe beats third-quarter profit estimates on strong hedging activity https://t.co/yk1odXSTqA https://t.co/SX00U9kWeP
$TROW (-2.3% pre) T. Rowe: Q3 Earnings Snapshot https://t.co/sN9rtjUXZR

Cboe Global Markets reported a rise in its quarterly profit, surpassing analysts' expectations, primarily driven by strong hedging activity. The company's third-quarter earnings, which ended on September 30, reflected an increase in average daily volumes for total company options, rising to 14.88 million contracts from 14.59 million in the previous quarter. This uptick in trading activity is attributed to heightened market volatility ahead of the upcoming U.S. Presidential Election and ongoing geopolitical concerns. Additionally, T. Rowe Price Group experienced a decline of 2.3% in pre-market trading following the release of its Q3 earnings snapshot, while Cboe saw a minor decrease of 0.2% in pre-market trading.
