Exchange operator Cboe writes down bulk of ErisX acquisition

FILE PHOTO: Chicago Board Options Exchange (CBOE) Global Markets sign hangs at its headquarters building in Chicago, Illinois, U.S., September 19, 2018. REUTERS/Michael Hirtzer/File Photo/File Photo

(Reuters) -Cboe Global Markets Inc on Friday reported second-quarter profit slightly below Wall Street expectations as compensation costs rose, and also said it took a $460 million writedown on its recent purchase of digital asset exchange ErisX.

The global exchange operator's net income, excluding one-time items, rose to $1.67 per share, in the three months ended June 30, which was 2 cents below the consensus estimate of analysts, according to Refinitiv IBES data.