Anthony Carbon's questions to Cboe Global Markets Inc (CBOE) leadership • Q1 2025
Question
Speaking for Alex Blostein, Anthony Carbon asked about the evolving competitive landscape for index options from products like prediction markets and leveraged ETFs, and Cboe's competitive advantage.
Answer
Global President David Howson highlighted Cboe's advantages as the unparalleled depth and liquidity of its volatility toolkit, the complementary nature of its products, and the vast institutional asset base benchmarked to the S&P 500. He argued that this diverse, balanced, and long-established ecosystem is extremely difficult for new look-alike products to replicate.