Cboe Global
Markets, the exchange network for global derivatives, FX and
securities, has launched a global listing network to enable companies and
exchange-traded funds (ETFs) access capital and secondary liquidity
globally.
“Beginning
today, all Cboe-listed stocks in the US and Canada can also be made available
for trading in the Netherlands and the UK, with Australia to follow,” Cboe
said in a statement
issued June 2. “Cboe’s end goal is to enable corporate and ETF listing
across all its exchanges, providing issuers with best-in-class global investor
exposure.”
Dubbed Cboe Global
Listings, the new offering, according to the exchange, targets ‘the
purpose-driven Innovation Economy’ comprising growth companies and those
applying innovation to address global challenges.
Abaxx
Technologies, a company that focuses on the tools for enhancing communications
and trading on commodity exchanges, is the first to join Cboe Global Listings. Abaxx is listed on Cboe Canada, and with the ‘intralisting’, Cboe said,
the company would also list on Cboe’s
US platform.
Dave Howson,
Global President of Cboe Global Markets, remarked that: “Cboe has built an
expansive, global equities footprint unrivaled in the industry that uniquely
positions us to deliver the first-ever truly international listing experience
for users seeking to tap markets beyond their homes.”
Cboe’s Global Market Share
Cboe’s US and
Canadian equities trading venues handle a combined $60 billion average daily
notional value (ADNV), representing about 20% of the total equities
trading market share in North America. Furthermore, Cboe’s
European equities exchange handles roughly €8 billion in ADVN, which is a 25% share of the European equities market, according to Cboe’s data.
Similarly, in
Australia, Cboe Global Markets said it operates the second biggest exchange
with an ADVN of over $AUD 1.5 billion, which is approximately 19% of the daily trading
of the Australian equities market.
Meanwhile, Finance Magnates reported that institutional forex
trading demand recovered in May, with spot trading volume rising significantly from April’s low. During the period, Cboe’s FX market handled $940 billion in total spot trading, which is an 18% increase compared to the previous month.
Cboe Global
Markets, the exchange network for global derivatives, FX and
securities, has launched a global listing network to enable companies and
exchange-traded funds (ETFs) access capital and secondary liquidity
globally.
“Beginning
today, all Cboe-listed stocks in the US and Canada can also be made available
for trading in the Netherlands and the UK, with Australia to follow,” Cboe
said in a statement
issued June 2. “Cboe’s end goal is to enable corporate and ETF listing
across all its exchanges, providing issuers with best-in-class global investor
exposure.”
Dubbed Cboe Global
Listings, the new offering, according to the exchange, targets ‘the
purpose-driven Innovation Economy’ comprising growth companies and those
applying innovation to address global challenges.
Abaxx
Technologies, a company that focuses on the tools for enhancing communications
and trading on commodity exchanges, is the first to join Cboe Global Listings. Abaxx is listed on Cboe Canada, and with the ‘intralisting’, Cboe said,
the company would also list on Cboe’s
US platform.
Dave Howson,
Global President of Cboe Global Markets, remarked that: “Cboe has built an
expansive, global equities footprint unrivaled in the industry that uniquely
positions us to deliver the first-ever truly international listing experience
for users seeking to tap markets beyond their homes.”
Cboe’s Global Market Share
Cboe’s US and
Canadian equities trading venues handle a combined $60 billion average daily
notional value (ADNV), representing about 20% of the total equities
trading market share in North America. Furthermore, Cboe’s
European equities exchange handles roughly €8 billion in ADVN, which is a 25% share of the European equities market, according to Cboe’s data.
Similarly, in
Australia, Cboe Global Markets said it operates the second biggest exchange
with an ADVN of over $AUD 1.5 billion, which is approximately 19% of the daily trading
of the Australian equities market.
Meanwhile, Finance Magnates reported that institutional forex
trading demand recovered in May, with spot trading volume rising significantly from April’s low. During the period, Cboe’s FX market handled $940 billion in total spot trading, which is an 18% increase compared to the previous month.
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- Source: https://www.financemagnates.com//institutional-forex/cboe-introduces-new-global-listing-network-for-companies-and-etfs/
