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CBOE Downgraded

JP Morgan downgraded Cboe Global Markets Inc (CBOE) from Overweight to Neutral.

"Investors are concerned with the impact of Vix exchange-traded note damage to CBOE's Vix franchise. We believe investors are right to be concerned," said JPMorgan. "Given they are key drivers of Vix futures volume for CBOE, their loss will probably be felt."

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