- Options ADV up 64%, Futures up 88%, U.S. Equities up 30%, and Global FX up 20%, compared to February 2019
- Cboe's four options exchanges combined set a new monthly ADV record with more than 11 million contracts traded
- S&P 500 Index (SPX) options set a new single day volume record with 3.6 million contracts traded on February 28
- Cboe's four U.S. equities exchanges combined set a new single-day volume record with nearly 3.5 billion shares traded on February 28
- Cboe FX reached new monthly and single-day highs
Cboe Global Markets, Inc. (Cboe: CBOE), one of the world's largest exchange holding companies, today reported February monthly trading volume.
The data sheet "Cboe Global Markets Monthly Volume & RPC/Net Revenue Capture Report" contains an overview of February 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 |
|||||||
|
February |
February |
% |
January |
% |
February |
February |
% |
|
|
2020 |
2019 |
Chg |
2020 |
Chg |
2020 |
2019 |
Chg |
|
|
OPTIONS (contracts, thousands) |
Year-To-Date |
|||||||
|
Trading Days |
19 |
19 |
21 |
40 |
40 |
|||
|
Total Volume |
209,552 |
127,817 |
63.9% |
192,418 |
8.9% |
401,970 |
282,090 |
42.5% |
|
Total ADV |
11,029 |
6,727 |
63.9% |
9,163 |
20.4% |
10,049 |
7,052 |
42.5% |
|
FUTURES (contracts, thousands) |
Year-To-Date |
|||||||
|
Trading Days |
19 |
19 |
21 |
40 |
40 |
|||
|
Total Volume |
7,182 |
3,825 |
87.7% |
5,787 |
24.1% |
12,969 |
8,773 |
47.8% |
|
Total ADV |
378 |
201 |
87.7% |
276 |
37.2% |
324 |
219 |
47.8% |
|
U.S. EQUITIES (shares, millions) |
Year-To-Date |
|||||||
|
Trading Days |
19 |
19 |
21 |
40 |
40 |
|||
|
Total Volume |
28,464 |
21,827 |
30.4% |
25,920 |
9.8% |
54,384 |
48,735 |
11.6% |
|
Total ADV |
1,498 |
1,149 |
30.4% |
1,234 |
21.4% |
1,360 |
1,218 |
11.6% |
|
EUROPEAN EQUITIES (€ millions) |
Year-To-Date |
|||||||
|
Trading Days |
20 |
20 |
22 |
42 |
42 |
|||
|
Total Notional Value |
€ 173,999 |
€ 188,787 |
-7.8% |
€ 148,825 |
16.9% |
€ 322,824 |
€ 389,318 |
-17.1% |
|
Total ADNV |
€ 8,700 |
€ 9,439 |
-7.8% |
€ 6,765 |
28.6% |
€ 7,686 |
€ 9,269 |
-17.1% |
|
GLOBAL FX ($ millions) |
Year-To-Date |
|||||||
|
Trading Days |
20 |
20 |
22 |
42 |
42 |
|||
|
Total Notional Value |
$825,067 |
$690,395 |
19.5% |
$739,020 |
11.6% |
$1,564,087 |
$1,489,533 |
5.0% |
|
Total ADNV |
$41,253 |
$34,520 |
19.5% |
$33,592 |
22.8% |
$37,240 |
$35,465 |
5.0% |
|
ADV= average daily volume |
|
ADNV= average daily notional value |
February 2020 Volume Highlights
Options
- Cboe Global Markets' four options exchanges (Cboe, C2, BZX and EDGX) combined set a new all-time monthly average daily volume (ADV) record with more than 11 million contracts traded per day. The four options exchanges had the highest combined daily volume of all-time on Friday, February 28, with 16.65 million contracts traded.
- BZX Options Exchange set a new all-time monthly ADV record with more than 2.6 million contracts traded. A new total monthly volume record was also set with nearly 49 million contracts traded. The exchange also saw its second highest volume day of all-time on Thursday, February 27, with more than 4.3 million contracts traded.
- C2 Options Exchange set a new total monthly volume record with more than 19.6 million contracts traded and a new daily record on Monday, February 24, with 1.5 million contracts traded.
- EDGX Options Exchange set a new total monthly volume record with more than 19.1 million contracts traded and a new daily record on Thursday, February 27, with 1.5 million contracts traded.
- S&P 500 Index (SPX) options set a new single day volume record on Friday, February 28, with approximately 3.6 million contracts changing hands. For the month, SPX options ADV was up 54.7 percent over the nearly 1.16 million contracts traded per day in February 2019.
- ADV in options on the Cboe Volatility Index (VIX) during February was 674,934 contracts, up 39 percent over the 486,212 contracts traded per day in February 2019.
Futures
- ADV in futures on the VIX at Cboe Futures Exchange (CFE) during February was 377,718 contracts, up 89 percent over the 199,636 contracts traded per day in February 2019.
- VIX Weekly futures also reached its highest daily volume in nearly three years on Tuesday, February 25 with 648 contracts traded.
U.S. Equities
- Cboe Global Markets' four U.S. equities exchanges (BZX, BYX, EDGX and EDGA) saw nearly 3.5 billion shares traded on Friday, February 28, a new single-day record, topping the previous high of 3.26 billion shares on August 24, 2015.
European Equities
- Cboe LIS, Cboe Europe's block trading platform, reported record average daily notional value (ADNV) traded of €448 million in February, up 58 percent over the €283 million ADNV traded in February 2019.
- Cboe Periodic Auctions reported record ADNV traded of €1.2 billion in February, up 70 percent over the €719 million ADNV traded in February 2019.
Global FX
- Cboe FX saw $75 billion in notional value traded on Friday, February 28, a new single-day record high.
- Full Amount ADV reached a new monthly high with $10 billion in notional value.
- For the fourth consecutive month, Cboe SEF reached a new monthly ADV high in February with $119 million, including a single-day record of $287 million on Friday, February 28.
