Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-34774 Cboe Global Markets, Inc. (Exact Name of Registrant as Specified in Its Charter) | --- | --- | |------------------ ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | |-------------------------------------------------------------------------------------------------------|--------------------------------------------------------| | | | | For the transition per ...

Cboe Global Markets, Inc. (BATS:CBOE) Q4 2020 Earnings Conference Call February 5, 2021 8:30 AM ET Company Participants Debbie Koopman - Vice President, Investor Relations Ed Tilly - Chairman, President & Chief Executive Officer Brian Schell - Executive Vice President, Chief Financial Officer & Treasurer Chris Isaacson - Chief Operating Officer John Deters - Chief Strategy Officer Conference Call Participants Rich Repetto - Piper Sandler Ken Worthington - JPMorgan Dan Fannon - Jefferies & Company Inc. Alex ...

Fourth Quarter 2020 Earnings Presentation February 5, 2021 1 Agenda | --- | --- | |------------------|-------| | | | | Strategic Review | | | Financial Review | | Edward Tilly Edward Tilly Chairman, President and Chief Executive Officer Brian Schell Executive Vice President, CFO and Treasurer Brian Schell Chris Isaacson Executive Vice President and Chief Operating Officer John Deters Executive Vice President and Chief Strategy Officer 2 Cautionary Statements Regarding Forward-Looking Information This presen ...

Financial Data and Key Metrics Changes - The company reported a 1% decrease in net revenue year-over-year, with net transaction fees down 8% and non-transaction revenue up 1% [41] - Adjusted EBITDA was $192 million, down 8%, and adjusted diluted earnings per share decreased 14% to $1.11 due to a higher effective tax rate [41][62] - Quarterly recurring revenue from proprietary market data and access capacity fees grew by 14% compared to Q3 2019, exceeding prior guidance [41] Business Line Data and Key Metrics Changes - In the options segment, net revenue increased by 1% or $2 million, driven by strong trading volumes in multi-listed options and growth in market data revenue [45] - Multi-listed options saw a 42% increase in average daily volume, while index options experienced a 22% decline in average daily volume [46] - The futures segment experienced a 39% decrease in net revenue, primarily due to a 38% decline in average daily volume [48] Market Data and Key Metrics Changes - U.S. equities volumes increased by 25%, benefiting from retail trading activity, although net capture decreased by 15% [50] - European equities net revenue increased by 53% on a U.S. dollar basis, primarily due to revenue from EuroCCP [54] - Global FX net revenue increased by 1%, driven by higher non-transaction revenue despite weaker industry volumes [57] Company Strategy and Development Direction - The company aims to strengthen its U.S. Equities business through new markets and trading mechanisms, with a focus on retail participation [9] - Recent acquisitions, including MATCHNow and plans for BIDS Trading, are expected to enhance the company's presence in off-exchange U.S. equities and expand its product ecosystem [11][13] - The company is also focused on expanding its FX offerings and enhancing its information solutions to meet growing demand [33][28] Management's Comments on Operating Environment and Future Outlook - Management noted that market uncertainty due to COVID-19 and the upcoming U.S. elections has dampened institutional trading, keeping the VIX index elevated [20] - The company is optimistic about its strategic growth initiatives and believes it is well-positioned to benefit from future trading conditions [38] - Management expects to see continued growth in recurring revenue streams and is adjusting its expense management strategies accordingly [60] Other Important Information - The company plans to launch Cboe European derivatives in the first half of next year and has made significant progress in its build-out [31] - The effective tax rate for the quarter was 30.8%, which impacted earnings per share significantly [62] - The company returned $46 million to shareholders through dividends and $42 million through share repurchases during the quarter [66] Q&A Session Summary Question: Can you talk about the lower RPC in the third quarter and its relation to MEMEX? - Management explained that the lower RPC was a strategic decision to grow market share and compete with off-exchange trading, with expectations for a rebound in RPC in October [72][74] Question: What is driving the growth expectation for access and capacity fees? - Management attributed the growth to increased demand for market data and the success of recent acquisitions, indicating a continuing trend of growth in this category [76][78] Question: Can you discuss retail distribution for Cboe futures and proprietary options? - Management emphasized the importance of investor education for both retail and institutional clients, highlighting recent webinars aimed at financial professionals [80][82] Question: What are the thoughts on 2021 expenses given the current environment? - Management indicated it is too early for specific guidance but expects expenses to grow due to acquisitions while maintaining a focus on long-term shareholder value [85][87] Question: What improvements can be expected from the BIDS acquisition? - Management highlighted the potential to access a significant portion of the U.S. equities market trading off-exchange and the opportunity to expand into other geographies [91][93]

1 Third Quarter 2020 Earnings Presentation October 30, 2020 Agenda Chairman, President and Chief Executive Officer Financial Review Brian Schell Executive Vice President, CFO and Treasurer Brian Schell Chris Isaacson Executive Vice President and Chief Operating Officer John Deters Executive Vice President and Chief Strategy Officer Strategic Review Edward Tilly Questions and Answers Edward Tilly 2 Cautionary Statements Regarding Forward-Looking Information This presentation contains forward-looking statemen ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | |-----------------------------------------------------------------------------------------------------|--------------------------------------| | | | | For the trans ...

Start Time: 08:30 End Time: 09:48 March 1, 0000 ET Q2 2020 Earnings Conference Call July 31, 2020, 08:30 AM ET Company Participants Edward Tilly - Chairman, President and CEO Brian Schell - EVP, CFO and Treasurer John Deters - Chief Strategy Officer, Head of Multi-Asset Solutions Chris Isaacson - EVP and COO Deborah Koopman - VP, IR Conference Call Participants Richard Repetto - Piper Sandler Michael Carrier - Bank of America Merrill Lynch Kenneth Worthington - JPMorgan James Steele - Jefferies Chris Allen ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | |-----------------------------------------------------------------------------------------------------|--------------------------------------| | | | | For the transition ...

1 Second Quarter 2020 Earnings Presentation July 31, 2020 Agenda Chairman, President and Chief Executive Officer Financial Review Brian Schell Executive Vice President, CFO and Treasurer Brian Schell Chris Isaacson Executive Vice President and Chief Operating Officer John Deters Executive Vice President and Chief Strategy Officer Strategic Review Edward Tilly Questions and Answers Edward Tilly 2 Cautionary Statements Regarding Forward-Looking Information This presentation contains forward-looking statements ...