Cboe to Wind Down Japanese Equities Business, Shifts Focus to Derivatives and Data
Cboe Global Markets is exiting its Japanese equities operations, including the Cboe Japan proprietary trading system and Cboe BIDS Japan block trading platform. Operations will suspend by August 29, 2025, pending regulatory consultations. The MOVE reflects a strategic reallocation of resources toward higher-return opportunities amid challenging local market conditions.
"We remain committed to Japan through our global derivatives and data offerings," said CEO Craig Donohue. The exchange operator sees growing demand from Japanese participants for international market access, which it aims to serve via its derivatives suite and market data products.