Cboe Global Markets, Inc. · CBOE:CBOE
Cboe Global Markets — Shareholder Meeting (May 2019)
18 slides from Cboe Global Markets's shareholder meeting presentation, May 16, 2019
Slide 1: Welcome: 2019 Annual Meeting of Stockholders
Welcome 2019 Annual Meeting of Stockholders May 16, 2019 1
Slide 2: Edward Tilly, Chairman, President and CEO
Edward Tilly Chairman, President and CEO 2
Slide 3: Meeting Agenda
Meeting Agenda Introduction of Board of Directors and Senior Executives Vote on Proposals Business Review and Update Questions & Answers Report Preliminary Voting Results 3
Slide 4: 2019 Annual Meeting of Stockholders
2019 Annual Meeting of Stockholders May 16, 2019 4
Slide 5: Cautionary Statements Regarding Forward-Looking Information
Cautionary Statements Regarding Forward-Looking Information This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. You can identify these statements by forward-looking words su
Slide 6: Record Financial Results for 2018
Record Financial Results for 2018 Focused on growing our proprietary products through increased customer outreach and education efforts Increased trading and revenue across business lines Record trading in our proprietary products 2018 results demonstrated our ability to effectively leverage our inc
Slide 7: Committed to Long-Term Value Creation for Shareholders
Committed to Long-Term Value Creation for Shareholders Strong cash flow from operations allowed Cboe to invest in future growth while returning over $270 million to shareholders: • Returned $130 million in dividends • Returned $141 million in share repurchases Raised quarterly dividend in 2018 to $0
Slide 8: Remain Focused on Executing Our Strategic Initiatives
Remain Focused on Executing Our Strategic Initiatives Our vision: to lead the industry in “defining the markets of today and tomorrow” is brought to life through three commitments: • Relentless innovation • Leading-edge technology • Seamless trading solutions 8
Slide 9: Product Innovation: Cboe Corporate Bond Index Futures
Product Innovation: Cboe Corporate Bond Index Futures In 2018, launched futures based on the iBoxx iShares High Yield Corporate Bond (IBHY) and Investment Grade (IBIG) Indexes New collaboration combines Cboe’s product development expertise with IHS Markit’s and BlackRock’s leadership in the credit i
Slide 10: Product Innovation: Launched Cboe Select Sector Index Options in February 2019
Product Innovation: Launched Cboe Select Sector Index Options in February 2019 Expands Cboe’s successful suite of products tied to S&P Dow Jones Indices Cboe launched cash-settled options on the 11 industry sector indices that comprise the S&P 500, offering: • Efficient way to gain exposure to speci
Slide 11: Leading-edge Technology
Leading-edge Technology Migrating Cboe exchanges onto Bats technology to create a common world-class trading platform across our options, futures and equities markets Fully engaged in multi-phased migration of Cboe Options Exchange and on track to reach migration target date of October 7, 2019 Oct.
Slide 12: Seamless Trading Solutions: Focused on Growing Proprietary Product Suite
Seamless Trading Solutions: Focused on Growing Proprietary Product Suite Aligning sales and coverage teams across regions and products U.S. remains largest growth opportunity U. S. Insurance Exploring new Companies markets • Asia • Middle East • Scandinavia Pension Funds Pursuing jurisdictional appr
Slide 13: Seamless Trading Solutions: European Equities Preparing for Post-Brexit
Seamless Trading Solutions: European Equities Preparing to Operate in a Post-Brexit Environment Strong adoption of value-added products and services offered to help customers adapt to MiFID II Cboe Europe retained its #1 position in European equities market in 1Q19 In March, received authorization f
Slide 14: Delivering on Sources of Operating Leverage and Key Strategic Initiatives
Delivering on Sources of Operating Leverage and Key Strategic Initiatives While Defining Markets Globally Growth Footnotes of Core applied here • Focused on growing proprietary products Proprietary Products Strengthen Recurring • Growth in recurring revenue Revenue Stream Scale of Business Model • D
Slide 15: Questions & Answers
Cboe’ Global Markets 15
Slide 16: 2019 Annual Meeting of Stockholders
2019 Annual Meeting of Stockholders May 16, 2019 16
Slide 17: Trademarks
Trademarks Trademarks: Cboe®, Cboe Global Markets®, Bats®, BZX®, BYX®, EDGX®, EDGA®, Cboe Volatility Index® and VIX® are registered trademarks, SPXSM and C2SM are service marks of Cboe Global Markets, Inc. and its subsidiaries. All other trademarks and service marks are the property of their respect
Slide 18: Cboe Global Markets, Chicago
Cboe Global Markets 400 South LaSalle Street Chicago, IL 60605 www.cboe.com 18