Cboe Global Markets Reports Trading Volume for May 2023
CHICAGO, June 5, 2023 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today reported May monthly trading volume statistics across its global business lines.
The data sheet "Cboe Global Markets Monthly Volume & RPC/Net Revenue Capture Report" contains an overview of certain May trading statistics and market share by business segment, volume in select index products, and RPC/net capture, which is reported on a one-month lag, across business lines.
Average Daily Trading Volume (ADV) by Month | Year-To-Date | |||||||
May | May | % Chg | April 2023 | % | May 2023 | May 2022 | % | |
Multiply-listed options (contracts, k) | 10,517 | 10,691 | -1.6 % | 9,810 | 7.2 % | 10,715 | 10,764 | -0.5 % |
Index options (contracts, k) | 3,613 | 2,853 | 26.6 % | 3,507 | 3.0 % | 3,583 | 2,485 | 44.2 % |
Futures (contracts, k) | 207 | 248 | -16.5 % | 186 | 11.0 % | 218 | 245 | -11.1 % |
U.S. Equities - On-Exchange (matched shares, mn) | 1,383 | 1,851 | -25.3 % | 1,354 | 2.1 % | 1,449 | 1,802 | -19.6 % |
U.S. Equities - Off-Exchange (matched shares, mn) | 83 | 104 | -19.8 % | 75 | 11.3 % | 85 | 104 | -17.9 % |
Canadian Equities1 (matched shares, k) | 118,255 | 38,013 | 211.1 % | 135,428 | -12.7 % | 141,114 | 39,565 | 256.7 % |
European Equities (€, mn) | 8,727 | 11,187 | -22.0 % | 10,413 | -16.2 % | 10,642 | 12,206 | -12.8 % |
Cboe Clear Europe Cleared Trades2 (k) | 96,663 | 129,531 | -25.4 % | 87,863 | 10.0 % | 543,944 | 697,505 | -22.0 % |
Cboe Clear Europe Net Settlements2 (k) | 843 | 892 | -5.5 % | 716 | 17.7 % | 4,220 | 4,464 | -5.5 % |
Australian Equities (AUD, mn) | 655 | 836 | -21.6 % | 708 | -7.4 % | 725 | 860 | -15.7 % |
Japanese Equities (JPY, bn) | 226 | 111 | 103.4 % | 166 | 36.4 % | 188 | 149 | 26.2 % |
Global FX ($, mn) | 41,807 | 40,457 | 3.3 % | 40,599 | 3.0 % | 43,501 | 40,820 | 6.6 % |
1 Canadian Equities data includes MATCHNow and NEO (now operating as Cboe Canada) from June 2022 onwards. Before June 2022 it included MATCHNow only. |
2 Cboe Clear Europe figures are totals (not ADV) for the months and years-to-date. As of April 2023, data has been restated to reflect both On-Book and Off-Book cleared trades. |
May 2023 Trading Volume Highlights
U.S. Options
- Cboe's proprietary product index suite reported a combined ADV of 3.6 million contracts, the second-highest on record.
- Cboe Volatility Index® (VIX®) options and S&P 500 Index (SPX) options in May had the second-highest monthly volumes for the year, with ADV of 770k contracts and 2.7 million contracts, respectively.
European Equities
- Cboe BIDS Europe, Cboe's European block trading platform, had a 36.6% share of the LIS (large-in-scale) market, a record high (Source: big xyt).
- Cboe Clear Europe, Cboe's pan-European clearing house, cleared a record 1.3 million trades on Euronext Milan under the preferred clearing model, beating the previous high of 0.5 million trades cleared in April 2023.
About Cboe Global Markets, Inc.
Cboe Global Markets (Cboe: CBOE), the world's leading derivatives and securities exchange network, delivers cutting-edge trading, clearing and investment solutions to people around the world. Cboe provides trading solutions and products in multiple asset classes, including equities, derivatives, FX, and digital assets, across North America, Europe and Asia Pacific. Above all, we are committed to building a trusted, inclusive global marketplace that enables people to pursue a sustainable financial future. To learn more about the Exchange for the World Stage, visit www.cboe.com.
Media Contacts | Analyst Contact | ||
Angela Tu | Tim Cave | Kenneth Hill, CFA | |
+1-646-856-8734 | +44 (0) 7593-506-719 | +1-312-786-7559 | |
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Options involve risk and are not suitable for all market participants. Prior to buying or selling an option, a person should review the Characteristics and Risks of Standardized Options (ODD), which is required to be provided to all such persons. Copies of the ODD are available from your broker or from The Options Clearing Corporation, 125 S. Franklin Street, Suite 1200, Chicago, IL 60606.
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SOURCE Cboe Global Markets
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