Cboe launches Cboe Global Listings
Securities and derivatives exchange network Cboe Global Markets, Inc today announced the launch of Cboe Global Listings, a global listing network facilitating worldwide access to capital and secondary liquidity for companies and ETFs.
Today, as a first step of delivering on its global listing vision, Cboe has enabled companies to go public on its U.S. exchange, building on its successful U.S. ETF listing footprint and leveraging the corporate listing expertise from Cboe Canada (formerly the NEO Exchange). Further corporate listing expansion is planned for Cboe’s stock exchanges in the Netherlands, the UK, and Australia over 2024.
Beginning today, all Cboe-listed stocks in the U.S. and Canada can also be made available for trading in the Netherlands and the UK, with Australia to follow. Cboe’s end goal is to enable corporate and ETF listings across all its exchanges, providing issuers with best-in-class global investor exposure, global account and product management – as is already the case with Cboe’s ETF listings offering – and standardized operational support. In summary, a seamless “intralisting” experience within a single exchange group.
Uniquely focused on powering the purpose-driven Innovation Economy, Cboe Global Listings aims to serve growth companies – particularly those with novel business models operating in nascent, high-growth industries – and innovative investment products that are addressing world challenges and shaping the economies of tomorrow.
Along with today’s launch, Cboe Global Listings also prepares to welcome Abaxx Technologies, Inc. as the first intralisted issuer on its global platform.
Abaxx initially went public in December 2020 on Cboe Canada (operating as the NEO Exchange in Canada). Abaxx has received conditional approval to be intralisted on Cboe U.S., in addition to its current listing on Cboe Canada. Upon intralisting, common shares of the company’s stock will also be tradeable on the Cboe UK and Netherlands exchanges.
In addition to developing and deploying financial technologies that make communication, trade, and transactions easier and more secure, Abaxx is launching Abaxx Commodity Futures Exchange and Clearinghouse, awaiting final regulatory approvals as a Recognized Market Operator and Approved Clearing House with the Monetary Authority of Singapore, to support trading and risk management with physically-settled benchmark futures contracts in the commodity markets at the center of the energy transition to an electrified, low-carbon emissions economy.