Cboe Global Markets shares are moving higher Friday, May 1, 2026, as the market reacts to the company’s first-quarter 2026 earnings event and management commentary tied to the scheduled 8:30 a.m. ET conference call. The stock’s gain comes as investors focus on whether elevated derivatives and FX activity seen through March carried into reported results and what that implies for the rest of 2026. �citeturn1view0

Heading into the quarter’s close, Cboe reported multiple proprietary index options records in March and across the first quarter, including quarterly SPX options average daily volume of 4.9 million contracts and quarterly SPX zero-days-to-expiry (0DTE) average daily volume of 3.0 million contracts, alongside a strong quarter for VIX options. In FX, Cboe said FX Spot average daily notional value reached an all-time high of $74.5 billion in March, with additional single-day records in early March across FX and its SEF venue—data that investors often read as supportive for transaction-fee and data-related revenue trends. �citeturn3view1

With the earnings release and call in focus, investors are watching for confirmation that strong options and FX participation translated into net revenue growth, operating leverage, and resilient revenue-per-contract/net capture metrics. The company’s monthly RPC/net capture report (updated April 6, 2026) provides context around recent capture rates and select index product activity, which can influence expectations for monetization of volumes. �citeturn3view2

Beyond the quarter’s numbers, attention is also on product pipeline and strategic initiatives that could expand participation over time, including Cboe’s prediction-markets framework that targets a launch of its first Mini-SPX prediction market contract in the second quarter of 2026. Any incremental color on timing, regulatory process, and commercialization could affect longer-term growth expectations alongside the core options and FX franchises. �citeturn8view0