Cboe Data Vantage: Data, Tools and Access to Navigate Global Markets with Confidence

All,

I hope you are enjoying the holiday season and looking forward to the new year. As 2024 comes to a close, I am reflecting on the year, the accomplishments of our team and thinking about what’s ahead in 2025.

2024 was a year of alignment and optimization for the Cboe Data and Access Solutions business. Last year when I stepped into my role leading Data and Access Solutions, I was excited to broaden my understanding of the team and learn how we could harness our strengths to grow the business globally. After collaborating internally, connecting with our customers and evaluating the market landscape, we have developed a streamlined vision for the business with our customers at the forefront.

Our vision includes three distinct pillars — Data and Access, Analytics and Execution, and Indices — and a new client experience arm to unite everything we do. We thoughtfully aligned our teams and optimized roles to ensure we are working as effectively as possible, and I believe this will shine through in our work with valued customers like you. We will listen to your pain points and challenges to deliver innovative solutions in the form of expansive data sets, market-leading index solutions and best-in-class tools and analytics, all driven by our deep market knowledge.

To embody our new approach, we have renamed Data and Access Solutions to Cboe Data Vantage. While our previous name served us well, we needed a name that better represents the breadth of our offerings as we continue to grow. We believe Cboe Data Vantage conveys our sharp focus and the advantages we provide as one of the world’s leading exchange operators.

At Cboe, we are committed to making markets more accessible with high-quality, comprehensive market data — along with impactful analytics and tools — that help us keep that commitment. Recently, we made end-of-day summary and tick data for seven Cboe Global Indices Feed channels available via Snowflake, and Cboe will soon have a Snowflake Marketplace presence where these datasets and more can be purchased. We are excited about working with Snowflake more to meet market participants where they are.

In other news, the Securities and Exchange Commission recently disapproved Cboe’s proposal to amend the OPRA Plan relating to dissemination of exchange proprietary data. Our intention was to move forward with the Cboe One Options Feed, a market data feed that delivers consolidated quote and trade information for the Cboe Options (C1), C2 Options (C2), EDGX Options (EDGX), and BZX Options (BZX) Exchanges.

Cboe is now evaluating how to proceed. We believe high-quality, real-time data is important for all options traders and believe that a lower cost option is necessary for the betterment of the market.

Finally, thank you for continuing to choose Cboe. We truly appreciate your ongoing trust in Cboe and your continued partnership and look forward to an even better 2025.

Next year, we will continue to deliver reliable, real-time market data and provide analytics, tools and services that help you enhance your trading experience. With expanded offerings and a tailored focus in regions around the world, our goal is to empower our customers with the access they need to navigate global markets with confidence. Wherever you are and whatever your aim, Cboe Data Vantage is ready to help you achieve your goals in 2025.

Happy holidays,

Adam Inzirillo | Global Head of Cboe Data Vantage

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