Cboe Global Markets, Inc. · CBOE:CBOE
Cboe Global Markets — Shareholder Meeting (May 2018)
17 slides from Cboe Global Markets's shareholder meeting presentation, May 17, 2018
Slide 1: Welcome: 2018 Annual Meeting of Stockholders
Welcome 2018 Annual Meeting of Stockholders May 17, 2018 1
Slide 2: Edward Tilly, Chairman and CEO
Edward Tilly Chairman 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: 2018 Annual Meeting of Stockholders
2018 Annual Meeting of Stockholders May 17, 2018 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 Full-Year 2017 Followed by Record Quarterly Results in 1Q18
Record Financial Results for Full-Year 2017 Followed by Record Quarterly Results in 1Q18 2017 was a transformational year for Cboe; February 28th marked the one year anniversary of our acquisition of Bats Global Markets 2017 was our eighth consecutive year of record revenues with solid financial res
Slide 7: Committed to Long-Term Value Creation for Shareholders
Committed to Long-Term Value Creation for Shareholders Focused on maintaining a strong balance sheet and longer-term financial flexibility Plan to deploy capital to: • Invest in the growth of our business • Return excess cash through dividends and opportunistic share repurchases • Continue to deleve
Slide 8: Remain Focused on Executing Our Strategic Initiatives
Remain Focused on Executing Our Strategic Initiatives Our mission: “to power your potential to stay ahead of an evolving market,” is brought to life through three commitments: • Relentless product innovation • Leading-edge technology • Seamless solutions 8
Slide 9: Product Innovation: Launched XBT Futures on December 10, 2017
Product Innovation: Launched XBT Futures on December 10, 2017 XBT futures, the first of their kind, provide a risk management tool for market participants seeking to hedge their underlying bitcoin holdings XBT futures create: Cboe Bitcoin Futures Daily Volume and Open Interest • An exchange-listed,
Slide 10: Product Innovation: Plan to Launch Corporate Bond Index Futures
Product Innovation: Plan to Launch Corporate Bond Index Futures Entered into an exclusive collaboration with IHS Markit and BlackRock to develop the first-ever broad-based corporate bond index futures¹ New collaboration combines Cboe’s product development expertise with Markit’s and BlackRock’s lead
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 Oct. 7, 2019 • Planned Cboe Options May 14, 2018 technology migration¹ Apr. 30, 2018 • C2 migration to Bats technology Feb. 25, 2018
Slide 12: Providing Trading Solutions for the Post-MiFID II Landscape
Providing Trading Solutions for the Post-MiFID II Landscape Diversifying our European business model post MiFID II Rapid adoption of our Periodic Auctions book • Record volumes since MiFID II in effect • Lit order book provides pre-trade transparency, true price formation process • Not subject to th
Slide 13: Increased Run-Rate Expense Synergy Target to $85MM
Increased Run-Rate Expense Synergy Target to $85MM; Expect to Reach in 2020, A Year Ahead of Plan* Raised run-rate expense synergy target to $85 million from $65 million Expect to reach run-rate expense synergies in 2020, one year ahead of initial projections Targeted Run-Rate Expense Synergies as o
Slide 14: Excited About Opportunities Ahead
Excited About Opportunities Ahead Laying the groundwork for future growth Launching new products Expanding our global reach across asset classes Migrating exchanges to Bats technology Achieving our acquisition synergy targets 14
Slide 15: Questions & Answers
Cboe’ Global Markets 15
Slide 16: 2018 Annual Meeting of Stockholders
2018 Annual Meeting of Stockholders May 17, 2018 16
Slide 17: Cboe Global Markets, 400 South LaSalle Street, Chicago
Cboe Global Markets 400 South LaSalle Street Chicago, IL 60605 www.cboe.com 17