Find a company. Follow its revenue through costs and profit.
Coverage includes separate ticker and security records; counts are not unique companies.
Sankey diagram of Cboe Global Markets, Inc.. A complete text table follows the diagram.
Transactions dominate derivatives and cash markets, while Data Vantage monetizes exchange access, capacity and proprietary data
Swipe to explore
The visualization reproduces Cboe's reported business-line-by-fee matrix. It uses gross revenue before liquidity payments, routing and clearing costs; Cboe's revenues less cost of revenues were $728.9M.
Labels and narrative explain the filing. A category marked “arithmetic bridge” or “residual” is calculated from reported totals, rather than a separately reported line.
| Category | Stage | Value | Notes |
|---|---|---|---|
| Cash and Spot Markets | 1 | $482M | Equities, FX and clearing |
| Data Vantage | 1 | $181M | Access, capacity and market data |
| Derivatives Markets | 1 | $609M | Options and futures |
| Transaction and clearing fees | 2 | $1.0B | 81% of gross revenue |
| Access and capacity | 2 | $113M | Ports and exchange connectivity |
| Market data | 2 | $91.8M | Tape plans and proprietary feeds |
| Regulatory fees | 2 | $10.4M | Primarily options-related |
| Other revenue | 2 | $31M | Listings and other services |
| From | To | Value |
|---|---|---|
| Cash and Spot Markets | Transaction and clearing fees | $437M |
| Cash and Spot Markets | Market data | $15.7M |
| Cash and Spot Markets | Regulatory fees | $0.3 |
| Cash and Spot Markets | Other revenue | $29.3M |
| Data Vantage | Access and capacity | $113M |
| Data Vantage | Market data | $67.1M |
| Data Vantage | Other revenue | $1M |
| Derivatives Markets | Transaction and clearing fees | $590M |
| Derivatives Markets | Market data | $9M |
| Derivatives Markets | Regulatory fees | $10.1M |
| Derivatives Markets | Other revenue | $0.7 |