Cboe Global Markets has completed the sale of Cboe Australia to TMX Group. The business has been renamed TMX Australia Exchange following the completion of the transaction. Financial terms were not disclosed.
The divestiture is part of Cboe’s broader effort to simplify its operations, focus resources on core capabilities and invest in its most attractive growth opportunities.
Cboe said the sale will allow the company to better align its organization and capital with its long-term strategic priorities.
Despite selling the Australian exchange, Cboe plans to maintain a significant presence in the Asia-Pacific region.
The company said regional demand is increasing for its U.S. equities, derivatives, market data and investor education products.
Cboe separately plans to sell Cboe Canada to TMX Group. That transaction was announced alongside the Australian deal in April 2026 and remains subject to regulatory approvals and customary closing conditions.
Cboe operates global derivatives, equities and foreign exchange markets. The company launched the world’s first listed options exchange in 1973 and later developed products including S&P 500 index options and the VIX volatility index.
KEY QUOTES:
“Over the past year, Cboe has taken decisive steps to refocus our business, concentrate resources on our core strengths and invest in our most compelling growth opportunities.”
“The sale of Cboe Australia is a part of that strategy, allowing us to further align our organization and capital with our long-term priorities.”
“Looking ahead, Cboe remains committed to maintaining a strong presence in Asia Pacific, a strategically important region where demand for Cboe’s U.S. equities, derivatives, market data and educational offerings continues to accelerate.”
Prashant Bhatia, Executive Vice President and Head of Enterprise Strategy and Corporate Development at Cboe