Core Viewpoint - Cboe Global Markets is a leading provider of market infrastructure and tradable products, focusing on delivering innovative trading, clearing, and investment solutions globally [1] Group 1: Company Overview - Cboe Global Markets operates a trusted and inclusive global marketplace [1] - The company offers a range of products, technology, and data solutions aimed at enabling participants to achieve a sustainable financial future [1] - Cboe provides trading solutions across multiple asset classes, including equities, derivatives, and foreign exchange (FX) [1] Group 2: Geographic Reach - Cboe operates across North America, Europe, and Asia Pacific [1]

Core Insights - The S&P 500 has reached a new high, indicating strong market performance [1] - The Cboe Volatility Index (VIX) has decreased to 15.2 from 15.4, suggesting a calm sentiment in the market [2] - Investors are awaiting a crucial consumer price index (CPI) report that could influence Federal Reserve interest rate decisions [2] Market Sentiment - The decline in the VIX below 20 reflects low volatility and a sense of calm among investors [2] - There is a prevailing expectation that the Federal Reserve will begin cutting interest rates, contingent on inflation data [2] - Any unexpected rise in inflation could complicate the Fed's ability to ease monetary policy [2]

Summary of Key Points Core Viewpoint - The total short interest in Nasdaq securities has increased slightly, indicating a potential shift in market sentiment towards bearish positions as of the end of August 2025. Group 1: Nasdaq Global Market - Short interest in 3,315 Nasdaq Global Market securities totaled 13,901,511,651 shares at the end of the settlement date of August 29, 2025, down from 13,965,671,937 shares in the previous period [1] - The mid-August short interest represents an average of 2.39 days compared to 2.34 days for the prior reporting period [1] Group 2: Nasdaq Capital Market - Short interest in 1,673 securities on The Nasdaq Capital Market totaled 3,057,145,541 shares at the end of the settlement date of August 29, 2025, an increase from 2,964,394,253 shares in the previous period [2] - This represents an average daily volume of 1.10 days, up from 1.00 days in the previous reporting period [2] Group 3: Overall Nasdaq Securities - Total short interest in all 4,988 Nasdaq securities reached 16,958,657,192 shares at the August 29, 2025 settlement date, compared to 16,930,066,190 shares in the previous period [3] - This reflects an average of 1.97 days of daily volume, compared to 1.86 days for the prior reporting period [3] Group 4: Short Sale Definition - Open short interest positions reported for each Nasdaq security reflect the total number of shares sold short by all broker/dealers, regardless of their exchange affiliations [4]

Core Viewpoint - CBOE Global Markets Inc. is introducing futures and options based on the CBOE Magnificent 10 Index, providing traders with a new method to invest in mega-cap technology stocks [1] Group 1 - The new financial products will allow traders to bet on the performance of major technology companies [1] - CBOE Global Markets aims to enhance trading opportunities in the technology sector through these innovative derivatives [1] - Catherine Clay, Executive Vice President and Global Head of Derivatives at CBOE, is highlighted as a key figure in this initiative [1]

In case you thought that blockchain was just for crypto, Nasdaq may want to have a word. It petitioned the Securities and Exchange Commission Monday for permission to tokenize US securities, including stocks and exchange-traded products. The setup it’s proposing would allow investors to choose how their trades are executed: the traditional way or via a distributed ledger. If they choose the latter, the Depository Trust Corporation would handle the backend work to clear and settle, recording assets on the ...

Core Insights - TMX Group Limited reported trading statistics for August 2025 across its marketplaces, including the Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, and Montréal Exchange [1] Group 1: Overall Market Performance - Total trading volume in August 2025 was 12,200,372,060, a decrease from 12,973,669,947 in July 2025 but an increase from 10,257,747,043 in August 2024 [2] - The total value of trades in August 2025 was $300,143,130,282, slightly down from $301,141,556,607 in July 2025 and up from $247,439,236,410 in August 2024 [2] - The number of transactions in August 2025 was 23,188,885, down from 23,870,730 in July 2025 and up from 20,974,534 in August 2024 [2] Group 2: Daily Averages - Daily average trading volume in August 2025 was 610.0 million, compared to 589.7 million in July 2025 and 488.5 million in August 2024 [3] - Daily average value of trades was $15,007.2 million in August 2025, up from $13,688.3 million in July 2025 and $11,782.8 million in August 2024 [3] - Daily average transactions were 1,159,444 in August 2025, an increase from 1,085,033 in July 2025 and 998,787 in August 2024 [3] Group 3: Year-to-Date Statistics - Year-to-date trading volume for 2025 reached 101,132,067,451, an increase of 18.6% from 85,259,602,767 in 2024 [4] - The year-to-date value of trades was $2,512,699,542,073, up 27.9% from $1,963,832,777,990 in 2024 [4] - Total transactions year-to-date were 197,791,933, a 20.5% increase from 164,148,933 in 2024 [4] Group 4: Toronto Stock Exchange Specifics - In August 2025, the Toronto Stock Exchange recorded a trading volume of 7,604,943,671, down from 7,824,020,535 in July 2025 but up from 7,091,997,868 in August 2024 [6] - The value of trades on the Toronto Stock Exchange in August 2025 was $280,671,320,926, slightly down from $282,843,526,025 in July 2025 and up from $231,578,695,742 in August 2024 [6] - The number of transactions on the Toronto Stock Exchange in August 2025 was 20,421,300, down from 21,065,481 in July 2025 and up from 18,712,178 in August 2024 [6] Group 5: TSX Venture Exchange Insights - The TSX Venture Exchange had a trading volume of 3,498,516,039 in August 2025, down from 4,000,113,778 in July 2025 but up from 2,300,235,385 in August 2024 [10] - The value of trades on the TSX Venture Exchange was $2,130,980,680 in August 2025, down from $2,275,267,415 in July 2025 and up from $953,882,244 in August 2024 [10] - The number of transactions on the TSX Venture Exchange was 1,017,167 in August 2025, down from 1,132,375 in July 2025 and up from 592,932 in August 2024 [10] Group 6: TSX Alpha Exchange Performance - The TSX Alpha Exchange recorded a trading volume of 1,060,876,293 in August 2025, down from 1,112,612,218 in July 2025 and up from 852,074,330 in August 2024 [14] - The value of trades on the TSX Alpha Exchange was $16,543,069,653 in August 2025, up from $15,280,294,395 in July 2025 and from $14,462,960,889 in August 2024 [14] - The number of transactions on the TSX Alpha Exchange was 1,642,796 in August 2025, up from 1,557,715 in July 2025 and slightly down from 1,623,878 in August 2024 [14] Group 7: Montréal Exchange Statistics - The Montréal Exchange reported a derivatives volume of 18,282,483 contracts in August 2025, an increase from 17,878,488 in July 2025 and a slight decrease from 18,298,695 in August 2024 [23] - Open interest in contracts at the Montréal Exchange was 30,548,176 in August 2025, up from 29,712,966 in July 2025 and significantly up from 20,325,528 in August 2024 [23] - Year-to-date volume for the Montréal Exchange was 154,789,013 contracts in 2025, up 23.9% from 124,964,650 in 2024 [24]

Core Points - CME Group Inc. will announce its third-quarter earnings for 2025 on October 22, 2025, before market opening [1] - The earnings press release will be available on the company's website at 6:00 a.m. Central Time, followed by an investor conference call at 7:30 a.m. Central Time [1][2] Company Overview - CME Group is the world's leading derivatives marketplace, facilitating trading in futures, options, cash, and OTC markets [3] - The company provides a wide range of global benchmark products across major asset classes, including interest rates, equity indexes, foreign exchange, energy, agricultural products, and metals [3] - CME Group operates the CME Globex platform for futures and options trading, BrokerTec for fixed income trading, and EBS for foreign exchange trading [3] - The company also runs CME Clearing, one of the leading central counterparty clearing providers globally [3]

Group 1 - Nasdaq reported its monthly trading volumes for August 2025 on its Investor Relations website [1] - The company is a leading global technology firm that serves various financial market participants, including corporate clients, investment managers, banks, brokers, and exchange operators [2] - Nasdaq aims to enhance liquidity, transparency, and integrity in the global economy through its diverse offerings of data, analytics, software, and exchange capabilities [2] Group 2 - Nasdaq provides client-centric services that enable clients to optimize and execute their business strategies with confidence [2] - For further information about Nasdaq's technology solutions and career opportunities, the company encourages visits to its LinkedIn page, X account, or official website [2] - Media and investor relations contacts are provided for further inquiries [3]

Core Viewpoint - Euronext has announced a share repurchase program involving the buyback of 101,000 shares as part of its Long-Term Incentive plans, set to take place from September 4, 2025, to October 6, 2025 [1]. Company Overview - Euronext is the leading European capital market infrastructure, covering the entire capital markets value chain, including listing, trading, clearing, settlement, and custody [3]. - As of June 2025, Euronext's regulated exchanges host nearly 1,800 listed issuers with a market capitalization of €6.3 trillion, making it a significant player in the global debt and fund listings market [4]. - Euronext handles 25% of European lit equity trading and offers a diverse range of products, including equities, FX, ETFs, bonds, derivatives, commodities, and indices [4].

Core Insights - CME Group reported its second-highest August average daily volume (ADV) of 28.1 million contracts, following a record of 31.7 million contracts in August 2024 [1] - The company continues to lead in the derivatives marketplace, providing a wide range of products across various asset classes [2] Volume Highlights - Interest Rate ADV reached 16.2 million contracts - Equity Index ADV was 6.3 million contracts - Energy ADV totaled 2.2 million contracts - Agricultural ADV amounted to 1.9 million contracts - Metals ADV was 688,000 contracts - Foreign Exchange ADV reached 670,000 contracts - Cryptocurrency ADV set a record at 411,000 contracts, representing $14.9 billion in notional value [4] Product Performance - Ultra 10-Year U.S. Treasury futures ADV increased by 10% to 1 million contracts - 30 Day Fed Funds futures ADV rose by 6% to 517,000 contracts - Soybean futures ADV surged by 33% to 274,000 contracts - Corn options ADV increased by 62% to 134,000 contracts - Micro Gold futures ADV grew by 54% to 190,000 contracts - Record monthly Micro Ether futures ADV reached 271,000 contracts, while Ether futures ADV was 27,000 contracts [4] Micro Products and Repo Market - Micro E-mini Equity Index futures and options ADV of 2.5 million contracts accounted for 38.9% of overall Equity Index ADV - Micro WTI Crude Oil futures represented 2.4% of overall Energy ADV - BrokerTec U.S. Repo average daily notional value (ADNV) increased by 29% to a record $380 billion, while European Repo ADNV rose by 3% to €281.3 billion [4]