CBOE Gains as SK Hynix US Listing Triggers ETF Filing Surge
CBOE•SK Hynix’s US listing on the NYSE has prompted a rush of single-stock ETF registration statements by several issuers targeting the South Korean chipmaker. CBOE shares rose 1.08% as the exchange stands to benefit from increased ETF trading volumes and associated fee revenue.
1. SK Hynix US Listing Sparks Single-Stock ETF Filings
On July 10, SK Hynix initiated a depositary share listing on the NYSE, prompting several issuers to file registration statements for single-stock ETFs focused exclusively on the South Korean memory chipmaker.
2. CBOE to Benefit from ETF Trading Volumes
CBOE shares climbed 1.08% as increased demand for single-stock ETF products is expected to drive higher trading volumes and boost transaction fee revenue on its options and equity markets.
