XM does not provide services to residents of the United States of America.

Exchange operator Cboe launches global listing offering



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>Exchange operator Cboe launches global listing offering</title></head><body>

NEW YORK, June 2 (Reuters) -Exchange operator Cboe Global Markets CBOE.Z said on Friday it will let companies list across its U.S. and international exchanges, expanding in a fiercely competitive field dominated in the United States by the New York Stock Exchange and Nasdaq Inc NDAQ.O.

Cboe, which has stock exchanges in North America, Europe, and the Asia-Pacific region, currently lists only its own stock, along with exchange-traded funds, on its U.S. exchange. But financial software firm Abaxx Technologies Inc ABXX.NLB, which is listed on Cboe Canada, has received conditional approval to be intralisted on Cboe U.S., the exchange operator said.

All stocks listed on Cboe's U.S. and Canada exchanges can also be made available for trading on the company's Netherlands- and UK-based exchanges as well, with Australia to follow, Chicago-based Cboe said.

"Cboe has built an expansive, global equities footprint unrivalled in the industry that uniquely positions us to deliver the first-ever truly global listing experience for issuers seeking to tap new markets beyond their home region," Dave Howson, global president of Cboe Global Markets, said in a statement.

Intercontinental Exchange Inc-owned ICE.N NYSE and Nasdaq compete fiercely for corporate listings, from courting initial public offerings to luring companies already listed on rival exchanges, both of which can be public relations windfalls.

Exchanges earn recurring revenue from listings and charge various listing fees based on factors such as the amount of shares a company lists.



Reporting by John McCrank; Editing by Hugh Lawson

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.