Cboe Global Markets, Inc. (CBOE) Presents at Goldman Sachs 2025 U.S. Financial Services Conference Transcript

Unknown Analyst

Great. Well, good morning, everyone. We’ll get started with our next session. Next up, I would love to welcome Cboe, a leading derivatives and cash exchange.

With us today are Craig Donohue, the firm’s CEO; Jill Griebenow, Cboe’s CFO; John Hocking (sic) [ Robert Hocking ]; Cboe’s Global Head of Derivatives. 2025 was another really strong year for growth at Cboe underscored by the firm’s proprietary SPX options complex, which grew over 20% again this year. The firm also recently announced several strategic pivots, including plans to divest, if you non-U.S. businesses and really push further into retail as well as some of the exciting new markets. So we’ll talk to the team about all of that, lots to discuss.

Thank you all for being here. And obviously, Craig, thank you for joining us for the first time as Cboe’s CEO, so welcome. Welcome back maybe. I don’t know the last time you did it maybe at CME, but that was certainly quite a long time ago. But looking forward to the conversation.