Cboe(US:CBOE)2024-11-01 11:57Financial Performance - Cboe reported record net revenue of $532 million in Q3 2024, an increase of 11% year-over-year[11, 12] - Adjusted diluted EPS for Q3 2024 was $2.22, up 8% year-over-year[12] - Adjusted EBITDA for Q3 2024 was $342 million, an increase of 7% year-over-year, with an adjusted EBITDA margin of 643%[27] - Data and Access Solutions net revenue grew 6% year-over-year organically in Q3 2024, reaching $1425 million[37, 38] Segment Performance - Derivatives Markets organic net revenue increased by 13% year-over-year in Q3 2024[11] - Cash and Spot Markets organic net revenue increased by 12% year-over-year in Q3 2024[11] - Europe and Asia Pacific net revenue increased by 22% year-over-year[11] - North American Equities net revenue rose by 3% year-over-year[11] - Options net revenue increased by 10% in Q3 2024, driven by higher net transaction and clearing fees[49] - Futures net revenue increased by 17% in Q3 2024, driven by a year-over-year increase in average daily volume (ADV)[36, 52] Volume and Market Share - Total options ADV was up 2%, driven by a 13% increase in index options ADV[11] - VIX options ADV increased 33% year-over-year, and VIX futures ADV increased 20% year-over-year[12, 16] - Cboe Clear Europe market share grew to 372% in Q3 2024 from 338% in Q3 2023[17] - Cboe Australia Equities market share grew to 208% in Q3 2024 from 179% in Q3 2023, and Cboe Japan Equities market share grew to 54% in Q3 2024 from 33% in Q3 2023[17]