The Australian Securities & Investments Commission (ASIC) has responded to Cboe Global Markets’ decision to sell its Australian and Canadian markets businesses, and said it will work closely with Cboe to promote an orderly transition of Cboe Australia to a suitable buyer. The divestment is part of Cboe’s global strategic realignment towards its core derivatives business. ASIC noted Cboe’s reaffirmation that Cboe Australia and Cboe Canada have performed well and are positioned for growth, as well as Cboe’s commitment to a successful transition. The release also points to ASIC’s approval of Cboe Australia’s listing application on 7 October 2025 and highlights Cboe Australia’s role in market competition, including around 20% of Australia’s equity market turnover and almost $2 billion of trades each day. ASIC will publish its response to its work on evolving capital markets on 5 November, and its Inquiry into ASX Group is due to report by 31 March 2026 to inform next steps.
Australian Securities & Investments Commission 2025-11-01
Australian Securities & Investments Commission to work with Cboe on an orderly sale process for Cboe Australia
The Australian Securities & Investments Commission (ASIC) is collaborating with Cboe Global Markets on the sale of its Australian and Canadian markets businesses, ensuring an orderly transition of Cboe Australia to a suitable buyer. This divestment aligns with Cboe's strategic focus on its core derivatives business. ASIC has approved Cboe Australia's listing application and acknowledges its role in market competition, handling around 20% of Australia's equity market turnover.