CBOE — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-07-31

• The Company is headquartered in Chicago with offices in Amsterdam, Belfast, Hong Kong, Kansas City, London, Manila, New York, Washington D.C., Singapore, Sydney, Tokyo, and Toronto.

• On May 1, 2026, the Company announced additional actions related to its strategic realignment by optimizing resource allocation across the organization, which it expects to be substantially completed by the end of 2026. This follows a comprehensive strategic review of the Company’s global business o…

• On June 23, 2026, the Company announced the launch of the first products in its new prediction markets suite, Cboe Predicts. The offering includes binary option contracts based on the Mini-S&P 500 Index (XSP), listed under the symbols XSPBW and XSPBX.

• Segment performance is primarily evaluated on operating income (loss). The CODM uses segment operating income (loss) to allocate resources, including but not limited to employees, financial resources, and capital resources. The Company's CODM does not assess assets or income and expenses below opera…

• Options. The Options segment includes options on market indices (“index options”) which include our proprietary SPX and VIX options, as well as on the stocks of individual corporations (“equity options”) and on ETPs such as exchange-traded funds (“ETFs”) and exchange-traded notes (“ETNs”), which are…

Text removed vs the prior filing · source: 10-Q · 2026-05-01

• The Company is headquartered in Chicago with offices in Amsterdam, Belfast, Hong Kong, Kansas City, London, Manila, New York, Sarasota Springs, Singapore, Sydney, Tokyo, and Toronto.

• chief executive officer. The CODM function is supported by business segment management and leadership personnel who lead the day-to-day operations of each reportable business segment.

• Segment performance is primarily evaluated on operating income (loss). The CODM uses segment operating income (loss) to allocate resources, including but not limited to employees, financial, and capital resources. The Company's CODM does not assess assets or income and expenses below operating incom…

• Options. The Options segment includes options on market indices (“index options”) which include our proprietary SPX and VIX options, as well as on the stocks of individual corporations (“equity options”) and on ETPs such as exchange-traded funds (“ETFs”) and exchange-traded notes (“ETNs”), which are…

• In broad terms, our business performance is impacted by a number of drivers, including macroeconomic events affecting the risk and return of financial assets, investor sentiment, the regulatory environment for capital markets,

Text added vs the prior filing · source: 10-Q · 2026-07-31

• Our primary exposure to this equity risk as of June 30, 2026 is presented by foreign currency in the following table (in millions):

• Impact on consolidated equity of a 10% adverse currency fluctuation23.9 64.1 18.1 13.5

• (1)Converted to U.S. dollars using the foreign exchange rate of Euros per U.S. dollar, British pounds per U.S. dollar, Canadian dollars per U.S. dollar, and Australian dollars per U.S. dollar, respectively, as of June 30, 2026.

• We do not have counterparty credit risk with respect to trades matched on our exchanges in the U.S., Canada, Europe, and Australia. With respect to listed equities, we deliver matched trades of our customers to the NSCC without taking on counterparty risk for those trades. NSCC acts as a central cou…

• products cleared by OCC and, as such, guarantees clearance and settlement of those matched options and futures trades. Additionally, for CFE futures products cleared by Cboe Clear U.S., we deliver matched trades of our customers to Cboe Clear U.S., which acts as a central counterparty to these trans…

Text removed vs the prior filing · source: 10-Q · 2026-05-01

• dollars for consolidated reporting. The translation of these non-U.S. dollar statements of financial condition into U.S. dollars for consolidated reporting results in a cumulative translation adjustment, which is recorded in accumulated other comprehensive income, net within stockholders' equity on …

• Our primary exposure to this equity risk as of March 31, 2026 is presented by foreign currency in the following table (in millions):

• Impact on consolidated equity of a 10% adverse currency fluctuation24.4 60.1 17.7

• (1)Converted to U.S. dollars using the foreign exchange rate of Euros per U.S. dollar, British pounds per U.S. dollar, and Canadian dollars per U.S. dollar, respectively, as of March 31, 2026.

• We do not have counterparty credit risk with respect to trades matched on our exchanges in the U.S., Canada, and Europe. With respect to listed equities, we deliver matched trades of our customers to the NSCC without taking on counterparty risk for those trades. NSCC acts as a central counterparty o…

Text removed vs the prior filing · source: 10-Q · 2026-05-01

• If we fail to attract or retain highly skilled management and other employees our business may be harmed.

• Our success largely depends on the skills, experience and continued efforts of management and other key personnel. As a result, to be successful, we must retain and motivate executives and other key employees. However, we have no assurances that these employees will remain with us. The roles and res…

• There is substantial competition for qualified and capable personnel which may make it difficult for us to retain and recruit qualified employees in sufficient numbers. In addition, subsequent to March 31, 2026, we announced additional actions related to our strategic realignment, that combined with…

• Additionally, effective succession planning is important to our long-term success. Failure to ensure effective transfer of knowledge and smooth transitions involving our management team and key employees, including the recent transitions of our Chief Executive Officer, our Chief Operating Officer, a…

Text removed vs the prior filing · source: 10-Q · 2026-05-01

• Name and TitleDate of Adoption of Trading PlanScheduled Expiration Date of Trading Plan(1)Aggregate Number of Securities

• (1)The trading plan may also expire on such earlier date as all transactions under the trading plan are completed.

• (2)Intended to satisfy the affirmative defense of Rule 10b5-1(c).