{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-111989","form_type":"8-K","ticker":"CBOE","cik":"0001374310","company_name":"Cboe Global Markets, Inc.","filed_at":"2026-09-29T21:25:31+00:00","discovered_at":"2026-09-29T21:26:00.282991+00:00","generated_at":"2026-10-12T13:54:20.664863+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Cboe extends exclusive S&P 500 options license with S&P DJI through 2051; 2027 royalty reset called de minimis","bullets":["Cboe Exchange signed a Master License Agreement with S&P Opco/S&P DJI on Sept 28, 2026, extending exclusive rights to list and trade S&P 500 (SPX) options through Dec 31, 2051.","Updated per-contract royalty fees take effect Jan 1, 2027, with no impact on 2026 royalty terms; Cboe estimates the 2027 reset is a de minimis impact on 2027 net revenue growth.","Future royalty fee adjustments will be smaller than the 2027 reset; specific 2027 organic total net revenue guidance comes in February with Q4 earnings.","SPX options set a record 970.6 million contracts in 2025, average daily volume of 3.9 million, up 25% YoY and a fourth consecutive record year.","Deal also covers cross-licenses for Volatility, BuyWrite and Variance Indices and allows collaboration on new products such as tokenized options contracts."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-111989","json":"https://secwatch.observer/filing/0001104659-26-111989.json","markdown":"https://secwatch.observer/filing/0001104659-26-111989.md","text":"https://secwatch.observer/filing/0001104659-26-111989.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1374310/000110465926111989/0001104659-26-111989-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1374310/000110465926111989/tm2626203d1_8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T13:54:20.664863+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}