Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today reported February 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 February 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 |
|||||||
Feb 2025 |
Feb 2024 |
% Chg |
Jan |
% |
Feb 2025 |
Feb 2024 |
% |
|
Multiply-listed options (contracts, k) |
13,556 |
11,114 |
22.0 % |
13,151 |
3.1 % |
13,348 |
10,829 |
23.3 % |
Index options (contracts, k) |
4,469 |
4,090 |
9.3 % |
4,535 |
-1.5 % |
4,503 |
4,104 |
9.7 % |
Futures (contracts, k) |
241 |
213 |
13.1 % |
220 |
9.5 % |
230 |
221 |
4.0 % |
U.S. Equities - On-Exchange (matched shares, mn) |
1,673 |
1,528 |
9.5 % |
1,637 |
2.2 % |
1,655 |
1,532 |
8.0 % |
U.S. Equities - Off-Exchange (matched shares, mn) |
97 |
91 |
5.9 % |
83 |
16.1 % |
90 |
83 |
8.8 % |
Canadian Equities (matched shares, k) |
166,261 |
143,922 |
15.5 % |
159,211 |
4.4 % |
162,478 |
139,847 |
16.2 % |
European Equities (€, mn) |
13,718 |
10,093 |
35.9 % |
11,423 |
20.1 % |
12,516 |
9,765 |
28.2 % |
Cboe Clear Europe Cleared Trades (k) |
131,723 |
98,689 |
33.5 % |
122,939 |
7.1 % |
254,662 |
197,592 |
28.9 % |
Cboe Clear Europe Net Settlements (k) |
1,021 |
825 |
23.7 % |
1,050 |
-2.7 % |
2,071 |
1,697 |
22.1 % |
Australian Equities (AUD, mn) |
914 |
809 |
13.0 % |
651 |
40.6 % |
779 |
742 |
5.1 % |
Japanese Equities (JPY, bn) |
335 |
316 |
6.0 % |
326 |
2.7 % |
330 |
294 |
12.3 % |
Global FX ($, mn) |
50,699 |
43,628 |
16.2 % |
50,312 |
0.8 % |
50,497 |
44,236 |
14.2 % |
February 2025 Trading Volume Highlights
U.S. Options
- ADV in February across Cboe's four U.S. options exchanges was an all-time high of 18.0 million contracts, driven by:
- A record multiply-listed options ADV of 13.6 million
- S&P 500 Index (SPX) options ADV of 3.5 million contracts, the highest month on record
- Several new single-day records were set on February 21, including:
- Total U.S. options volume of 25.7 million contracts across Cboe's four options exchanges
- SPX options volume of 4.7 million contracts, eclipsing the previous single-day record from December 2023
- 2.6 million zero-days-to-expiry (0DTE) SPX contracts
Futures
- On February 27, Cboe® iBoxx® iShares® $ Investment Grade Corporate Bond Index futures (IBIG) saw its largest ever block trade of 2,200 contracts ($309 million notional), helping open interest exceed $479 million notional for the first time.
Cboe Europe
- Cboe BIDS Europe, Cboe Europe's block trading platform, reported monthly records for total notional traded (€15.4 billion) and average daily notional value (€771.3 million).