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Edward T. Tilly, Cboe Global Markets Chairman, President and Chief Executive Officer commented:
![Edward T. Tilly](https://www.leaprate.com/wp-content/uploads/2016/12/Edward-T.-Tilly.jpg)
Source: Cboe.com
I am pleased to report solid financial results for the quarter, clearly highlighting the strength of the diversification of our revenues from multiple asset classes and non-transactional services. We achieved record trading volumes in US cash equities and multi-listed options, fueled by growth in retail trading activity. Amid an ongoing work from home environment, we continued to execute on our strategic initiatives, including our focus on expanding our global access and distribution and engaging customers via information solutions.
Edward T. Tilly continued:
On July 1, we closed our acquisition of EuroCCP and announced our intention to expand equities derivatives trading in Europe by offering a market model that incorporates benefits seen in the US derivatives market. We plan to launch that market with trading in equity futures and options based on six Cboe European stock indices in the first half of 2021, with plans to add more benchmarks later. We also completed the acquisition of Trade Alert to further bolster Cboe’s diverse suite of information solutions and announced plans to acquire MATCHNow, a leading Canadian ATS, broadening Cboe’s North American equities business and expanding our geographic reach.
Cboe announced recently its plans to begin trading in Mini Cboe Volatility Index (VIX) futures on Cboe Futures Exchange (CFE) from 10 August, The new contract builds on the VIX futures’ success and responds to investors’ demand for wider variety of tools to gain direct exposure to the VIX Index.
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