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Cboe Global Markets Reports May 2020 Trading Volume

Published: 2020-06-03 15:10:00 ET
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Options ADV up 18 percent over May 2019

U.S. Equities ADV up 66 percent over May 2019

Cboe EDGX Options Exchange monthly ADV of more than one million contracts a new all-time high

CHICAGO, June 3, 2020 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), one of the world's largest exchange holding companies, today reported May monthly trading volume.

(PRNewsfoto/Cboe Global Markets, Inc.)

The data sheet "Cboe Global Markets Monthly Volume & RPC/Net Revenue Capture Report" contains an overview of May and year-to-date trading statistics and market share by business segment, volume in select index products, and RPC, which is reported on a one-month lag, across business lines.   

MONTHLY TRADING VOLUME

Year-To-Date

May

May

%

April

%

May

May

%

2020

2019

Chg

2020

Chg

2020

2019

Chg

OPTIONS (contracts, thousands)

Year-To-Date

Trading Days

20

22

21

103

104

Total Volume 

191,428

178,540

7.2%

200,828

-4.7%

1,057,599

746,285

41.7%

Total ADV 

9,571

8,115

17.9%

9,563

0.1%

10,268

7,176

43.1%

FUTURES (contracts, thousands)

Year-To-Date

Trading Days

20

22

21

103

104

Total Volume

2,675

7,514

-64.4%

2,343

14.2%

25,532

26,194

-2.5%

Total ADV 

134

342

-60.8%

112

19.9%

248

252

-1.6%

U.S. EQUITIES (shares, millions)

Year-To-Date

Trading Days

20

22

21

103

104

Total Volume

37,944

25,199

50.6%

42,619

-11.0%

194,368

120,109

61.8%

Total ADV

1,897

1,145

65.6%

2,029

-6.5%

1,887

1,155

63.4%

EUROPEAN EQUITIES (€ millions)

Year-To-Date

Trading Days

21

23

20

105

106

Total Notional Value

€ 118,132

€ 186,892

-36.8%

€ 123,459

-4.3%

€ 823,481

€ 943,799

-12.7%

Total ADNV

€ 5,625

€ 8,126

-30.8%

€ 6,173

-8.9%

€ 7,843

€ 8,904

-11.9%

GLOBAL FX ($ millions)

Year-To-Date

Trading Days

21

23

22

107

108

Total Notional Value

$658,664

$760,188

-13.4%

$643,629

2.3%

$4,076,013

$3,752,471

8.6%

Total ADNV

$31,365

$33,052

-5.1%

$29,256

7.2%

$38,094

$34,745

9.6%

ADV= average daily volumeADNV= average daily notional value

May 2020 Volume Highlights

  • Cboe C2 and BZX Options Exchanges posted gains in ADV over May 2019: C2 up 30 percent and Cboe BZX up 44 percent.
  • Cboe EDGX Options Exchange set a new all-time monthly ADV record with more than 1.2 million contracts traded, up 98 percent over May 2019.
  • Cboe EDGX Equities Exchange market share reached a 52-week high for the second month in a row, capturing 6.4 percent of the market.
  • Cboe's new retail priority offering on Cboe EDGX Exchange hit a monthly ADV high of 87.7 million shares traded, up 83.5 percent over April 2020.
  • Cboe® iBoxx® iShares® $ High Yield Corporate Bond Index (IBHY) futures traded on Cboe Futures Exchange, LLC (CFE) saw record ADV of 1,240 contracts traded.

About Cboe Global Markets, Inc.

Cboe Global Markets (Cboe: CBOE) is one of the world's largest exchange holding companies, offering cutting-edge trading and investment solutions to investors around the world. The company is committed to defining markets to benefit its participants and drive the global marketplace forward through product innovation, leading edge technology and seamless trading solutions.

The company offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, U.S. and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and volatility products based on the Cboe Volatility Index (VIX Index), recognized as the world's premier gauge of U.S. equity market volatility.

Cboe's subsidiaries include the largest options exchange and the third largest stock exchange operator in the U.S. In addition, the company operates one of the largest stock exchanges by value traded in Europe and is a leading market globally for ETP listings and trading.    

The company is headquartered in Chicago with a network of domestic and global offices across the Americas, Europe and Asia, including main hubs in New York, London, Kansas City and Amsterdam. For more information, visit www.cboe.com.

Media Contacts

Analyst Contact

Angela Tu

Stacie Fleming

Debbie Koopman

+1-646-856-8734

+44-20-7012-8950

+1-312-786-7136

atu@cboe.com

sfleming@cboe.com

dkoopman@cboe.com

CBOE-V

BZX®, Cboe®, Cboe Global Markets®, Cboe Volatility Index®, CFE®, EDGX®, and VIX® are registered trademarks of Cboe Exchange, Inc. or its affiliates. S&P 500® and SPX® are registered trademarks of Standard & Poor's Financial Services, LLC and has been licensed for use by Cboe Exchange, Inc.  Any products that have the S&P Index or Indexes as their underlying interest are not sponsored, endorsed, sold or promoted by Standard & Poor's or Cboe and neither Standard & Poor's nor Cboe make any representations or recommendations concerning the advisability of investing in products that have S&P indexes as their underlying interests. All other trademarks and service marks are the property of their respective owners.

The iBoxx® iShares® $ High Yield Corporate Bond Index and the iBoxx® iShares® $ Investment Grade Corporate Bond Index (the "Indexes") referenced herein are the property of Markit Indices Limited ("Index Sponsor") and have been licensed for use in connection with Cboe® iBoxx® iShares® $ High Yield Corporate Bond Index Futures and Cboe® iBoxx® iShares® $ Investment Grade Corporate Bond Index Futures. Each party to a Cboe® iBoxx® iShares® $ High Yield Corporate Bond Index Futures or Cboe® iBoxx® iShares® $ Investment Grade Corporate Bond Index Futures transaction acknowledges and agrees that the transaction is not sponsored, endorsed or promoted by the Index Sponsor. The Index Sponsor makes no representation whatsoever, whether express or implied, and hereby expressly disclaims all warranties (including, without limitation, those of merchantability or fitness for a particular purpose or use), with respect to the Indexes or any data included therein or relating thereto, and in particular disclaims any warranty either as to the quality, accuracy and/or completeness of the Indexes or any data included therein, the results obtained from the use of the Indexes and/or the composition of the Indexes at any particular time on any particular date or otherwise and/or the creditworthiness of any entity, or the likelihood of the occurrence of a credit event or similar event (however defined) with respect to an obligation, in the Indexes at any particular time on any particular date or otherwise. The Index Sponsor shall not be liable (whether in negligence or otherwise) to the parties or any other person for any error in the Indexes, and the Index Sponsor is under no obligation to advise the parties or any person of any error therein.

The Index Sponsor makes no representation whatsoever, whether express or implied, as to the advisability of purchasing or selling Cboe® iBoxx® iShares® $ High Yield Corporate Bond Index Futures and Cboe® iBoxx® iShares® $ Investment Grade Corporate Bond Index Futures, the ability of the Indexes to track relevant markets' performances, or otherwise relating to the Indexes or any transaction or product with respect thereto, or of assuming any risks in connection therewith. The Index Sponsor has no obligation to take the needs of any party into consideration in determining, composing or calculating the Indexes. No party purchasing or selling Cboe® iBoxx® iShares® $ High Yield Corporate Bond Index Futures or Cboe® iBoxx® iShares® $ Investment Grade Corporate Bond Index Futures, nor the Index Sponsor, shall have any liability to any party for any act or failure to act by the Index Sponsor in connection with the determination, adjustment, calculation or maintenance of the Indexes. iBoxx® is a service mark of IHS Markit Limited.

The iBoxx® iShares® $ High Yield Corporate Bond Index and the iBoxx® iShares® $ Investment Grade Corporate Bond Index (the "Indexes") and futures contracts on the Indexes ("Contracts") are not sponsored by, or sold by BlackRock, Inc. or any of its affiliates (collectively, " BlackRock"). BlackRock makes no representation or warranty, express or implied to any person regarding the advisability of investing in securities, generally, or in the Contracts in particular. Nor does BlackRock make any representation or warranty as to the ability of the Index to track the performance of the fixed income securities market, generally, or the performance of HYG, LQD or any subset of fixed income securities.

BlackRock has not calculated, composed or determined the constituents or weightings of the fixed income securities that comprise the Indexes ("Underlying Data"). BlackRock is not responsible for and has not participated in the determination of the prices and amounts of the Contracts, or the timing of the issuance or sale of such Contracts or in the determination or calculation of the equation by which the Contracts are to be converted into cash (if applicable). BlackRock has no obligation or liability in connection with the administration or trading of the Contracts. BlackRock does not guarantee the accuracy or the completeness of the Underlying Data and any data included therein and BlackRock shall have no liability for any errors, omissions or interruptions related thereto.

BlackRock makes no warranty, express or implied, as to results to be obtained by Markit or its affiliates, the parties to the Contracts or any other person with respect to the use of the Underlying Data or any data included therein. BlackRock makes no express or implied warranties and expressly disclaims all warranties of merchantability or fitness for a particular purpose or use with respect to the Underlying Data or any data included therein. Without limiting any of the foregoing, in no event shall BlackRock have any liability for any special, punitive, direct, indirect or consequential damages (including lost profits) resulting from the use of the Underlying Data or any data included therein, even if notified of the possibility of such damages.

iShares® is a registered trademark of BlackRock Fund Advisors and its affiliates.

 

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SOURCE Cboe Global Markets, Inc.