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Cboe to merge digital assets business with derivatives and clearing arm

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Cboe Global Markets News

Digital Asset,Strategic Alignment

The company also plans to wind down the operations of its Cboe Digital Spot Market asset trading platform in the third quarter of 2024, it said in a...

- Exchange operator Cboe Global Markets said on Thursday it will integrate its digital asset derivatives, currently offered by Cboe Digital, into its existing Global Derivatives and Clearing business as part of a strategic review.

"We believe these changes enable greater optimization and strategic alignment for our business across geographies and asset classes, further supporting our long-term growth strategy," said Fred Tomczyk, chief executive officer, Cboe Global Markets. Three top executives at Tesla have resigned in two weeks, with the latest departure at the end of its earnings callThe company recently attempted to fend off short sellers by advising investors on ways to prevent their shares from being loaned for short-interest positions.Investors are ramping up their exits from Cathie Wood's ARK after an epic 72% decline in her flagship fund

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