Cboe Global Markets to Wind Down Japanese Equities Operations
July 24th, 2025 8:51 AM
By: Newsworthy Staff
Cboe Global Markets announces the closure of its Japanese equities business, including Cboe Japan and Cboe BIDS Japan, to focus on more profitable opportunities, with minimal financial impact expected.
Cboe Global Markets has decided to discontinue its Japanese equities operations, including the Cboe Japan proprietary trading system and Cboe BIDS Japan block trading platform, with operations set to suspend on August 29, 2025. This strategic move is part of Cboe's effort to allocate resources more effectively towards areas with higher potential returns, amidst changing business conditions that have made the Japanese equities business financially unsustainable.
Craig Donohue, CEO of Cboe Global Markets, emphasized the company's ongoing commitment to Japan through its global derivatives and data services, aiming to meet the demand for international market access among Japanese participants. The closure is expected to result in adjusted expense savings of $2 million to $4 million in 2025, with annual savings projected at $10 million to $12 million. Further details will be shared during Cboe's second-quarter 2025 earnings call on August 1, 2025.
Source Statement
This news article relied primarily on a press release disributed by citybiz. You can read the source press release here,
