Exchange operator Cboe writes down bulk of ErisX acquisition

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 66%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

:Cboe Global Markets Inc on Friday reported second-quarter profit slightly below Wall Street expectations as compensation costs rose, and also said it took a $460 million writedown on its recent purchase of digital asset exchange ErisX. The global exchange operator's net income, excluding one-time items, rose

:Cboe Global Markets Inc on Friday reported second-quarter profit slightly below Wall Street expectations as compensation costs rose, and also said it took a $460 million writedown on its recent purchase of digital asset exchange ErisX.

The miss was driven by higher-than-expected compensation expenses, Jefferies analyst Daniel Fannon said in a client note. Cboe announced the acquisition of ErisX on Oct. 20, when the price of bitcoin topped $67,000, with the goal of becoming a major player in the cryptocurrency industry. "We believe that our adjustment reflects the reality of the digital asset market environment today, but in no way changes our commitment to the digital asset space," Cboe Chief Financial Officer Brian Schell said on a call with analysts.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 6. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Hong Kong Exchange Fund posts H1 investment loss of HK$144.2 billionHONG KONG : Hong Kong's Exchange Fund, which is used to back the Hong Kong dollar, posted an investment loss of HK$144.2 billion ($18.37 billion) in the first six months of 2022, the Hong Kong Monetary Authority (HKMA) said on Friday.Its second-quarter loss amounted to HK$95.4 billion after a loss of HK$4
출처: ChannelNewsAsia - 🏆 6. / 66 더 많은 것을 읽으십시오 »