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 2026 |
Feb 2025 |
% Chg |
Jan |
% |
Feb 2026 |
Feb 2025 |
% |
|||||
|
Multi-listed options (contracts, k) |
13,476 |
13,556 |
-0.6 % |
14,093 |
-4.4 % |
13,792 |
13,348 |
3.3 % |
||||
|
Index options (contracts, k) |
5,973 |
4,469 |
33.7 % |
5,477 |
9.1 % |
5,719 |
4,503 |
27.0 % |
||||
|
Futures (contracts, k)1 |
276 |
241 |
14.7 % |
230 |
20.1 % |
253 |
230 |
9.8 % |
||||
|
U.S. Equities - On-Exchange (matched shares, mn) |
1,961 |
1,673 |
17.2 % |
1,872 |
4.7 % |
1,915 |
1,655 |
15.7 % |
||||
|
U.S. Equities - Off-Exchange (matched shares, mn) |
268 |
97 |
176.6 % |
241 |
11.0 % |
254 |
90 |
182.7 % |
||||
|
Canadian Equities (matched shares, k) |
204,403 |
166,261 |
22.9 % |
239,258 |
-14.6 % |
222,702 |
162,478 |
37.1 % |
||||
|
European Equities (€, mn) |
17,963 |
13,718 |
30.9 % |
15,218 |
18.0 % |
16,557 |
12,516 |
32.3 % |
||||
|
Australian Equities (AUD, mn) |
1,228 |
914 |
34.3 % |
1,041 |
18.1 % |
1,134 |
779 |
45.6 % |
||||
|
Global FX ($, mn) |
63,372 |
50,699 |
25.0 % |
67,233 |
-5.7 % |
65,350 |
50,497 |
29.4 % |
||||
|
Cboe Clear Europe Cleared Trades (k) |
141,642 |
131,723 |
7.5 % |
123,562 |
14.6 % |
265,204 |
254,662 |
4.1 % |
||||
|
Cboe Clear Europe Net Settlements (k) |
1,266 |
1,021 |
24.0 % |
1,234 |
2.6 % |
2,500 |
2,071 |
20.7 % |
||||
|
1 In the second quarter of 2025, Digital futures products were transitioned to Cboe Futures Exchange. Futures metrics prior to the second quarter of 2025 exclude Digital futures products. |
February 2026 Trading Volume Highlights
U.S. Options
- Cboe's proprietary index options reported a monthly ADV record of 6.0 million contracts, driven by:
- Monthly S&P 500 Index (SPX) options ADV record of 4.8 million contracts.
- Monthly SPX zero-days-to-expiry (0DTE) ADV record of 3.0 million contracts, representing a record 63% of all SPX trading.
- Monthly mini-SPX (XSP) options ADV record of 186 thousand contracts.
- Monthly ADV record of 155 thousand contracts during Cboe's Global Trading Hours (GTH) session (8:15 p.m. to 9:25 a.m. ET), including record SPX GTH ADV of 133 thousand contracts.
U.S. Equities - Off-Exchange
- BIDS Trading reported a monthly ADV record of 267.8 million matched shares.
European Equities
- Cboe Europe reached a record total monthly average daily notional value (ADNV) of €18.0 billion, including monthly ADNV records in Cboe Periodic Auctions (€6.3 billion) and Cboe BIDS Europe (€969.0 million).
