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Cboe Global Markets will end its Japanese equities business by August 29, citing profitability issues.
Cboe Global Markets plans to end its Japanese equities business, including its Cboe Japan trading system and Cboe BIDS Japan platform, by August 29, 2025.
The decision comes after facing difficulties in sustaining profitability in the Japanese market.
The company expects the move to save between $2 million to $4 million in 2025, with annual savings of $10 million to $12 million thereafter.
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Cboe Global Markets pondrá fin a su negocio de acciones japonesas para el 29 de agosto, citando problemas de rentabilidad.