Cboe Global Markets, a global market operator and trade solutions provider, announced Tuesday that it has appointed Bo Chung as the new Senior Vice President, Sales and Indices Licensing. According to the press release, Chung is a longtime veteran of the financial sector and will lead the strategic growth and adoption of Cobe’s Data and Access Solutions offerings.
Prior to assuming his new role at Cboe, Chung worked as an independent strategic advisor to early stage and growth startup companies. He also served as Managing Director and Global Head of Sales and Relationship Management at S&P Dow Jones Indices (S&P DJI) for more than 20 years. Chung also worked for the same company as a General Manager in the Business Development, Sales and Marketing division.
As part of Chung’s appointment, Michael Hollingsworth has been promoted to Vice President, Global Head of Risk and Market Analytics, and Geralyn Endo has been promoted to Vice President, Global Data and Access Solutions Customer Engagement.
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“For many years, I have been impressed by Bo’s impressive record of success and industry leadership, and I am thrilled to have him join the team. Cboe’s comprehensive offering of access and data solutions is an integral part of the company’s global vision, and we couldn’t be more excited to help Bo implement this strategy to deliver Cboe’s suite of analytics data, indicators, market intelligence and execution services to new markets and users,” said Catherine Clay, Executive Vice President, Global Head of Data and Access Solutions at Cboe.
September Cboe . metrics
Last week, Cboe reported its trading metrics for September, highlighting an 18.5% increase in spot trading volumes. In absolute terms, the total trading volume for the month was $754 billion, the highest since March 2021.
Moreover, the average daily volume (ADV) on the institutional platform jumped to $34.3 billion last month from $28.9 billion in August. That was a monthly increase of 18.6%.