Cboe Global Markets Reports March 2019 Trading Volume

Cboe Global Markets, Inc. (Cboe: CBOE), one of the world's largest exchange holding companies, today reported March monthly trading volume.

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

FLexible EXchange® Options (FLEX Options) Trading Record Set in March 2019 
For a second consecutive month, FLEX Options trading at Cboe Options Exchange set a new monthly record in March 2019 with more than 1.7 million contracts, surpassing February 2019's 1.1 million contracts traded. FLEX Options also set a new quarterly record during the first quarter of 2019, with a total of 3.5 million contracts traded.

FLEX Options, created by Cboe in 1993, offer investors the ability to customize a variety of contract terms. Cboe lists FLEX options on indexes, equities and exchange traded products (ETPs). For more information, visit www.cboe.com/products/flex-cflex.

First-Quarter 2019 Selected RPC Guidance 
The company currently expects average revenue per contract (RPC) for total options for the first quarter of 2019 to be 1.0 percent to 2.0 percent lower than the amounts noted below for the two months ended February 28, 2019. RPC for index options for the first quarter is expected to be 0.5 percent to 1.0 percent lower than the two-month average noted below, reflecting a higher mix of VIX options contracts in March relative to the volume mix for the two months ended February 28, 2019. RPC for multiply-listed options for the first quarter is expected to be 4.0 percent to 5.0 percent lower than the two-month average due to a shift in mix of volume. The RPC for futures for the first quarter is expected to be in line with the two-month average noted below. These expectations are estimated, preliminary and may change. There can be no assurance that our final RPC for the three months ended March 31, 2019, will not differ materially from these expectations.

The following represents average RPC based on a two-month and a three-month rolling average, reported on a one-month lag. The average RPC represents total transaction fees for Cboe, C2, BZX, EDGX options exchanges and CFE recognized for the period divided by total contracts traded during the period. Average transaction fees per contract can be affected by various factors, including exchange fee rates, volume-based discounts and transaction mix by contract type and product type.