- Cboe Global Indices Feed channels now available through
Snowflake Marketplace
- Cboe continues to adopt cloud technologies to expand data
distribution and access
- Addresses growing customer demand for efficient and scalable
access to Cboe's global indices data
CHICAGO, Jan. 21,
2025 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe:
CBOE), the world's leading derivatives and securities exchange
network, today announced the availability of the Cboe Global
Indices Feed on Snowflake Marketplace. Joint customers can now find
end-of-day summary data and tick data from seven Cboe Global
Indices Feed channels on Snowflake Marketplace — available for
purchase through Cboe DataShopSM — gaining efficient
access to high-quality index data via the cloud.
The Cboe Global Indices Feed is a streaming data service
delivering real-time index values that reflect market trends and
insights across various asset classes. Known for its precision,
versatility and reliability, the data helps to empower market
participants with actionable insights derived from Cboe's trusted
indices, including the globally recognized Cboe Volatility Index
(VIX®) and other proprietary Cboe indices developed in
collaboration with S&P Dow Jones Indices, FTSE Russell,
Morningstar, MSCI, and CoinRoutes RealPrice. All of this valuable
data is now available on a historical basis through Snowflake.
"As the world's largest global exchange operator, Cboe is
uniquely positioned to deliver data and analytics from multiple
markets around the globe," said Adam
Inzirillo, Global Head of Cboe Data Vantage. "In particular,
Cboe's indices are widely regarded for their ability to capture key
market dynamics, offering unique insights that resonate across a
variety of investment strategies. As customer demand for Cboe data
continues to grow globally, we are excited to broaden our data
distribution through the cloud and provide easier access to a wider
base of market participants."
Cboe's end-of-day summary datasets include the open, high, low,
and closing values for each index, while its tick datasets provide
all disseminated values for an index throughout the business day,
offering a comprehensive view of market activity in near real-time.
By integrating this data into their workflows, market participants
can perform a range of critical tasks such as market sentiment
analysis, developing performance models, back-testing strategies,
or identifying portfolio risks, among other use cases – ultimately
enabling more informed and confident trading decisions. To obtain
Cboe's data within the Snowflake environment, users can subscribe
and complete their purchase through Cboe DataShop.
"Snowflake empowers organizations like Cboe to efficiently scale
their data capabilities and provide essential market insights to
users around the world," said Kieran
Kennedy, Global Head, Data Cloud Products at Snowflake. "By
bringing Cboe's in-demand market data to Snowflake Marketplace,
we're helping to make it easier for our users to discover and
explore the many offerings that Cboe has to offer to take their
trading strategies to the next level."
Cboe continues to move toward more cloud-based solutions and its
use of Snowflake is part of a broader digital transformation, in
which Cboe has been migrating its proprietary data and analytics to
the Snowflake AI Data Cloud platform. This shift has enabled Cboe
to enhance its capabilities to store and analyze increasing volumes
of data, as well as derive rapid analytics to provide intelligence
both internally and for Cboe customers. In another initiative
demonstrating its use of cloud technology, Cboe also offers its
market data through Cboe Global Cloud, a real-time, cloud-based
streaming service.
"At Cboe, leading-edge technology is the foundation of
everything we do, enabling us to deliver data, products and
services to global markets," said Chris
Isaacson, Chief Operating Officer at Cboe. "As trading
volumes across our exchanges continue to grow, we have built an
immense and ever-expanding ecosystem of data that provides a
significant competitive advantage for both Cboe and our clients.
Our latest initiative with Snowflake marks another step in Cboe's
continued adoption of cloud technology to further expand our data
distribution channels and meet global customer demand. We look
forward to all the benefits that Snowflake will offer to our
customers."
For more information on the Cboe Global Indices Feed visit:
https://www.cboe.com/us/indices/accessing-index-data/
About Cboe Global Markets
Cboe Global Markets (Cboe: CBOE), the world's leading
derivatives and securities exchange network, delivers cutting-edge
trading, clearing, and investment solutions to people around the
world. Cboe provides trading solutions and products in multiple
asset classes, including equities, derivatives, and FX across
North America, Europe, and Asia
Pacific. Above all, we are committed to building a trusted,
inclusive global marketplace that enables people to pursue a
sustainable financial future. To learn more about the Exchange for
the World Stage, visit www.cboe.com.
Cboe Media
Contacts
|
Cboe Analyst
Contact
|
Angela
Tu
|
Tim
Cave
|
Kenneth Hill,
CFA
|
+1-646-856-8734
|
+44 (0) 7593-506-719
|
+1-312-786-7559
|
atu@cboe.com
|
tcave@cboe.com
|
khill@cboe.com
|
CBOE-C
CBOE-OE
Cboe®, Cboe Global Markets®, and Cboe Volatility Index (VIX®)
are registered trademarks of Cboe Exchange, Inc. All
other trademarks and service marks are the property of their
respective owners.
The S&P 500 Index is a product of S&P Dow Jones
Indices LLC ("S&P DJI"), and the S&P 500 Index has been
licensed to CBOE Exchange, Inc. S&P®, S&P 500®, SPX®, US
500 and The 500 are trademarks of S&P DJI or its affiliates,
and have been licensed by CBOE Exchange, Inc. for certain purposes.
Index-based products are not issued, marketed, sponsored or
promoted by S&P Dow Jones Indices or its affiliates, and
S&P DJI will have no liability with respect thereto.
Cautionary Statements Regarding Forward-Looking
Information
This press release 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 such as "may," "might,"
"should," "expect," "plan," "anticipate," "believe," "estimate,"
"predict," "potential" or "continue," and the negative of these
terms and other comparable terminology. All statements that reflect
our expectations, assumptions or projections about the future other
than statements of historical fact are forward-looking statements.
These forward-looking statements, which are subject to known and
unknown risks, uncertainties and assumptions about us, may include
projections of our future financial performance based on our growth
strategies and anticipated trends in our business. These statements
are only predictions based on our current expectations and
projections about future events. There are important factors that
could cause our actual results, level of activity, performance or
achievements to differ materially from those expressed or implied
by the forward-looking statements.
We operate in a very competitive and rapidly changing
environment. New risks and uncertainties emerge from time to time,
and it is not possible to predict all risks and uncertainties, nor
can we assess the impact of all factors on our business or the
extent to which any factor, or combination of factors, may cause
actual results to differ materially from those contained in any
forward-looking statements.
Some factors that could cause actual results to differ
include: the loss of our right to exclusively list and trade
certain index options and futures products; economic, political and
market conditions; compliance with legal and regulatory
obligations; price competition and consolidation in our industry;
decreases in trading or clearing volumes, market data fees or a
shift in the mix of products traded on our exchanges; legislative
or regulatory changes or changes in tax regimes; our ability to
protect our systems and communication networks from security
vulnerabilities and breaches; our ability to attract and retain
skilled management and other personnel; increasing competition by
foreign and domestic entities; our dependence on and exposure to
risk from third parties; global expansion of operations; factors
that impact the quality and integrity of our and other applicable
indices; our ability to manage our growth and strategic
acquisitions or alliances effectively; our ability to operate
our business without violating the intellectual property rights of
others and the costs associated with protecting our intellectual
property rights; our ability to minimize the risks, including our
credit, counterparty, investment, and default risks, associated
with operating a European clearinghouse; our ability to accommodate
trading and clearing volume and transaction traffic, including
significant increases, without failure or degradation of
performance of our systems; misconduct by those who use our markets
or our products or for whom we clear transactions; challenges to
our use of open source software code; our ability to meet our
compliance obligations, including managing potential conflicts
between our regulatory responsibilities and our for-profit status;
our ability to maintain BIDS Trading as an independently managed
and operated trading venue, separate from and not integrated with
our registered national securities exchanges; damage to our
reputation; the ability of our compliance and risk management
methods to effectively monitor and manage our risks; restrictions
imposed by our debt obligations and our ability to make payments on
or refinance our debt obligations; our ability to maintain an
investment grade credit rating; impairment of our goodwill,
long-lived assets, investments or intangible assets; the impacts of
pandemics; the accuracy of our estimates and expectations;
litigation risks and other liabilities; and risks relating to
digital assets, including winding down the Cboe Digital spot
market and transitioning digital asset futures
contracts to CFE, operating a digital assets futures clearinghouse,
cybercrime, changes in digital asset regulation, and fluctuations
in digital asset prices. More detailed information about factors
that may affect our actual results to differ may be found in our
filings with the SEC, including in our Annual Report on Form 10-K
for the year ended December 31, 2023
and other filings made from time to time with the SEC.
We do not undertake, and we expressly disclaim, any duty to
update any forward-looking statement whether as a result of new
information, future events or otherwise, except as required by law.
Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date
hereof.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/cboe-launches-index-datasets-on-snowflake-marketplace-further-expanding-access-via-the-cloud-302356311.html
SOURCE Cboe Global Markets, Inc.