Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today reported January 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 January 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 |
|||||||||||
|
Jan 2026 |
Jan 2025 |
% Chg |
Dec |
% |
Jan 2026 |
Jan 2025 |
% |
|||||
|
Multi-listed options (contracts, k) |
14,093 |
13,151 |
7.2 % |
11,550 |
22.0 % |
14,093 |
13,151 |
7.2 % |
||||
|
Index options (contracts, k) |
5,477 |
4,535 |
20.8 % |
5,047 |
8.5 % |
5,477 |
4,535 |
20.8 % |
||||
|
Futures (contracts, k)1 |
230 |
220 |
4.6 % |
179 |
28.5 % |
230 |
220 |
4.6 % |
||||
|
U.S. Equities - On-Exchange (matched shares, mn) |
1,872 |
1,637 |
14.3 % |
1,415 |
32.3 % |
1,872 |
1,637 |
14.3 % |
||||
|
U.S. Equities - Off-Exchange (matched shares, mn) |
241 |
83 |
189.5 % |
161 |
49.6 % |
241 |
83 |
189.5 % |
||||
|
Canadian Equities (matched shares, k) |
239,258 |
159,211 |
50.3 % |
188,508 |
26.9 % |
239,258 |
159,211 |
50.3 % |
||||
|
European Equities (€, mn) |
15,218 |
11,423 |
33.2 % |
10,449 |
45.6 % |
15,218 |
11,423 |
33.2 % |
||||
|
Australian Equities (AUD, mn) |
1,041 |
651 |
60.0 % |
876 |
18.8 % |
1,041 |
651 |
60.0 % |
||||
|
Global FX ($, mn) |
67,233 |
50,312 |
33.6 % |
51,528 |
30.5 % |
67,233 |
50,312 |
33.6 % |
||||
|
Cboe Clear Europe Cleared Trades (k) |
123,562 |
122,939 |
0.5 % |
90,719 |
36.2 % |
123,562 |
122,939 |
0.5 % |
||||
|
Cboe Clear Europe Net Settlements (k) |
1,234 |
1,050 |
17.6 % |
1,143 |
8.0 % |
1,234 |
1,050 |
17.6 % |
||||
|
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. |
January 2026 Trading Volume Highlights
U.S. Options
- A record 287 thousand S&P 500 Index (SPX) options contracts traded during Cboe's Global Trading Hours session (8:15 p.m. to 9:25 a.m. ET) on January 20, eclipsing the previous record set in April 2025.
- Mini-SPX (XSP) options set a monthly volume record in January, with an ADV of 150 thousand contracts.
European Equities
- Cboe Europe Periodic Auctions achieved a record monthly average daily notional value (ADNV) of €5.3 billion.
Global FX
- Global FX set a new aggregate monthly ADNV record of $67.2 billion, driven by records in spot ADNV ($63.3 billion) and Cboe SEF (Swap Execution Facility) Non-Deliverable Forwards ADNV ($3.9 billion).
