Cboe Global Markets is set to sell its Australian and Canadian markets businesses, Cboe Australia and Cboe Canada, as the firm looks to bolster its core derivatives offering globally.
Chris Isaacson
The move will see Cboe offloading its equities and listings businesses in both regions, spanning both corporate and ETF offerings, to reflect the firm’s “global strategic shift” and a realignment of its portfolio of businesses.
“Our Australian and Canadian equities businesses have consistently performed well and earned a reputation for innovation, reliability, and customer service. We believe these businesses are well positioned for future growth under new ownership,” said Chris Isaacson, Cboe Global Markets executive vice president and chief operating officer.
“Cboe Australia and Cboe Canada have benefited greatly from a supportive regulatory environment,…
