# CBOE’s operating expenses spiked 312% due to underperformance of acquired crypto firm
” CBOE’s operating expenses spiked 312% due to underperformance of acquired crypto firm “ On Friday, Chicago Board Options Exchange (CBOE), the largest options exchange in the United States, announced its second-quarter earnings results. Of particular interest was its total operating expenses, which soared 685% year-over-year from $160.6 million. CBOE explained: “This was primarily due…