Cboe Global Markets Reports Trading Volume for August 2024
Cboe Global Markets (CBOE) reported its August 2024 trading volume statistics, showing mixed results across its global business lines. Index options saw a 15.1% year-over-year increase in average daily trading volume (ADV), while futures contracts surged 32.2%. Global FX trading volume also rose significantly, up 21.8% from the previous year.
However, multiply-listed options experienced a 6% decline in ADV compared to August 2023. U.S. equities on-exchange trading volume also decreased by 6.5% year-over-year. Notable achievements include the second-highest single-day volume for S&P 500 Index (SPX) options on August 5th, with 4.5 million contracts traded, and the second-best monthly volume for VIX options since February 2018.
Cboe Global Markets (CBOE) ha riportato le sue statistiche di volume di trading di agosto 2024, evidenziando risultati misti tra le sue linee di business globali. Le opzioni sugli indici hanno visto un aumento del 15,1% nel volume medio giornaliero di trading (ADV) rispetto all'anno precedente, mentre i contratti futures sono aumentati del 32,2%. Anche il volume di trading del Forex globale è aumentato significativamente, con un incremento del 21,8% rispetto all'anno precedente.
Tuttavia, le opzioni multiple hanno registrato un calo del 6% nell'ADV rispetto ad agosto 2023. Il volume di trading delle azioni statunitensi sui mercati è diminuito del 6,5% su base annua. Tra i risultati degni di nota, vi è il secondo miglior volume giornaliero per le opzioni S&P 500 Index (SPX) il 5 agosto, con 4,5 milioni di contratti scambiati, e il secondo miglior volume mensile per le opzioni VIX da febbraio 2018.
Cboe Global Markets (CBOE) informó sobre sus estadísticas de volumen de negociación de agosto de 2024, mostrando resultados mixtos en sus líneas de negocio globales. Las opciones de índices vieron un aumento del 15,1% en el volumen promedio diario de negociación (ADV) en comparación con el año anterior, mientras que los contratos de futuros se dispararon un 32,2%. El volumen de negociación de Forex global también aumentó significativamente, subiendo un 21,8% respecto al año anterior.
No obstante, las opciones listadas en múltiples mercados experimentaron una caída del 6% en ADV en comparación con agosto de 2023. El volumen de negociación de acciones estadounidenses en el mercado también disminuyó un 6,5% interanual. Entre los logros notables se incluye el segundo mayor volumen en un solo día para las opciones del índice S&P 500 (SPX) el 5 de agosto, con 4,5 millones de contratos negociados, y el segundo mejor volumen mensual para las opciones VIX desde febrero de 2018.
Cboe 글로벌 마켓(CBOE)은 2024년 8월 거래량 통계를 발표하며 전 세계 비즈니스 라인에서 혼합된 결과를 보여주었습니다. 지수 옵션은 지난해 같은 기간 대비 평균 일일 거래량(ADV)이 15.1% 증가했으며, 선물 계약은 32.2% 증가했습니다. 글로벌 FX 거래량도 크게 상승하여 지난해 대비 21.8% 증가했습니다.
하지만 다중 상장 옵션은 2023년 8월 대비 ADV가 6% 감소했습니다. 미국 주식의 거래량 또한 전년 대비 6.5% 감소했습니다. 주목할 만한 성과로는 8월 5일 S&P 500 지수(SPX) 옵션의 하루 최대 거래량으로 450만 개의 계약이 거래된 것과 2018년 2월 이후 VIX 옵션의 두 번째로 높은 월간 거래량이 있습니다.
Cboe Global Markets (CBOE) a publié ses statistiques de volume de trading d'août 2024, révélant des résultats mitigés à travers ses lignes d'affaires mondiales. Les options sur indices ont connu une augmentation de 15,1% du volume quotidien moyen de trading (ADV) par rapport à l'année précédente, tandis que les contrats à terme ont bondi de 32,2%. Le volume de trading de Forex mondial a également augmenté de manière significative, avec une hausse de 21,8% par rapport à l'année précédente.
Cependant, les options cotées sur plusieurs marchés ont subi une baisse de 6% de l'ADV par rapport à août 2023. Le volume de trading des actions américaines a également diminué de 6,5% d'une année sur l'autre. Parmi les réalisations notables figure le deuxième plus grand volume quotidien pour les options de l'indice S&P 500 (SPX) le 5 août, avec 4,5 millions de contrats échangés, et le deuxième meilleur volume mensuel pour les options VIX depuis février 2018.
Cboe Global Markets (CBOE) berichtete über seine Handelsvolumenstatistik für August 2024, die gemischte Ergebnisse in seinen globalen Geschäftszweigen zeigt. Indexoptionen verzeichneten einen Anstieg des durchschnittlichen täglichen Handelsvolumens (ADV) um 15,1% im Vergleich zum Vorjahr, während Terminkontrakte um 32,2% zulegten. Auch das Handelsvolumen im globalen Devisenmarkt stieg erheblich um 21,8% im Vergleich zum Vorjahr.
Allerdings erfuhren mehrfach gelistete Optionen einen Rückgang von 6% im ADV im Vergleich zu August 2023. Das Handelsvolumen von US-Aktien an Börsen ging ebenfalls um 6,5% im Jahresvergleich zurück. Zu den bemerkenswerten Leistungen gehört das zweithöchste Tagesvolumen für S&P 500 Index (SPX) Optionen am 5. August mit 4,5 Millionen gehandelten Kontrakten und das zweitbeste monatliche Volumen für VIX-Optionen seit Februar 2018.
- Index options ADV increased by 15.1% year-over-year
- Futures contracts ADV surged 32.2% compared to August 2023
- Global FX trading volume rose 21.8% from the previous year
- S&P 500 Index options reached second-highest single-day volume on August 5th with 4.5 million contracts
- VIX options achieved second-best monthly volume since February 2018
- Global FX set new monthly volume records in August for Spot Full Amount and Cboe SEF Non-Deliverable Forwards
- Multiply-listed options ADV declined 6% compared to August 2023
- U.S. equities on-exchange trading volume decreased 6.5% year-over-year
Insights
Cboe's August trading volume report reveals mixed performance across its business lines. Index options and futures showed robust growth, with
The Global FX segment also performed exceptionally well, with a
However, multiply-listed options and U.S. equities on-exchange volumes declined by
The standout performance in S&P 500 Index (SPX) options and VIX options suggests heightened investor interest in macro-level hedging and volatility trading. The near-record volumes in these products could indicate growing concerns about market stability or expectations of significant economic events.
The strong growth in international equities, particularly in Australia (
The Global FX segment's record-breaking performance, especially in Spot Full Amount and Non-Deliverable Forwards, indicates increasing sophistication in currency trading strategies and growing demand for emerging market currency products. This trend could be driven by global trade dynamics and monetary policy divergences across major economies.
The data sheet "Cboe Global Markets Monthly Volume & RPC/Net Revenue Capture Report" contains an overview of certain August 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 | |||||||
Aug 2024 | Aug 2023 | % Chg | Jul | % | Aug 2024 | Aug 2023 | % | |
Multiply-listed options (contracts, k) | 10,344 | 11,007 | -6.0 % | 11,145 | -7.2 % | 10,603 | 10,888 | -2.6 % |
Index options (contracts, k) | 4,403 | 3,825 | 15.1 % | 4,140 | 6.4 % | 4,110 | 3,641 | 12.9 % |
Futures (contracts, k) | 318 | 240 | 32.2 % | 267 | 18.8 % | 252 | 218 | 15.5 % |
1,258 | 1,346 | -6.5 % | 1,280 | -1.7 % | 1,385 | 1,414 | -2.0 % | |
78 | 75 | 3.1 % | 76 | 2.0 % | 78 | 82 | -4.5 % | |
Canadian Equities (matched shares, k) | 137,798 | 118,919 | 15.9 % | 122,608 | 12.4 % | 143,784 | 132,900 | 8.2 % |
European Equities (€, mn) | 8,472 | 7,242 | 17.0 % | 9,229 | -8.2 % | 9,513 | 9,652 | -1.4 % |
Cboe Clear Europe Cleared Trades2 (k) | 98,844 | 85,010 | 16.3 % | 105,831 | -6.6 % | 798,020 | 803,496 | -0.7 % |
Cboe Clear Europe Net Settlements2 (k) | 982 | 858 | 14.5 % | 1,022 | -3.9 % | 7,293 | 6,719 | 8.5 % |
Australian Equities (AUD, mn) | 860 | 661 | 30.2 % | 771 | 11.6 % | 777 | 699 | 11.2 % |
Japanese Equities (JPY, bn) | 334 | 176 | 89.3 % | 323 | 3.4 % | 319 | 170 | 87.5 % |
Global FX ($, mn) | 51,330 | 42,139 | 21.8 % | 45,586 | 12.6 % | 46,971 | 43,664 | 7.6 % |
1 U.S. Equities – Off-Exchange ATS Block metrics restated to incorporate a tier of sell-side activity from July 2023 and forward, previously excluded from reporting. |
2 Cboe Clear Europe figures are totals (not ADV) for the months and years-to-date. As of April 2023, data has been restated to reflect both On-Book and Off-Book cleared trades. |
August 2024 Trading Volume Highlights
Global Derivatives
- On August 5th, 4.5 million S&P 500 Index (SPX) options contracts were traded, the second-highest single-day volume on record.
- Total volume in August in Cboe Volatility Index (VIX) options was 26.1 million contracts, with an ADV of 1.2 million contracts, the second-best monthly volume behind February 2018.
Global FX
- Global FX set new monthly volume records in August, including:
- Spot Full Amount average daily notional value (ADNV) record of
$15.3 billion - Cboe SEF (Swap Execution Facility) Non-Deliverable Forwards ADNV of
$1.5 billion
- Spot Full Amount average daily notional value (ADNV) record of
About Cboe Global Markets
Cboe Global Markets (Cboe: CBOE), the world's leading derivatives and securities exchange network, delivers cutting-edge trading, clearing and investment solutions to people around the world. Cboe provides trading solutions and products in multiple asset classes, including equities, derivatives and FX across
Cboe Media Contacts | Cboe Analyst Contact | ||||
Angela Tu | Tim Cave | Kenneth Hill, CFA | |||
+1-646-856-8734 | +44 (0) 7593-506-719 | +1-312-786-7559 | |||
CBOE-V
Cboe®, Cboe Global Markets®, Cboe Volatility Index®, and VIX® are registered trademarks of Cboe Exchange, Inc. or its affiliates. Standard & Poor's®, S&P®, SPX®, and S&P 500® are registered trademarks of Standard & Poor's Financial Services, LLC, and have been licensed for use by Cboe Exchange, Inc. All other trademarks and service marks are the property of their respective owners.
Any products that have the S&P Index or Indexes as their underlying interest are not sponsored, endorsed, sold or promoted by Standard & Poor's or Cboe and neither Standard & Poor's nor Cboe make any representations or recommendations concerning the advisability of investing in products that have S&P indexes as their underlying interests. All other trademarks and service marks are the property of their respective owners.
Cboe Global Markets, Inc. and its affiliates do not recommend or make any representation as to possible benefits from any securities, futures or investments, or third-party products or services. Cboe Global Markets, Inc. is not affiliated with S&P. Investors should undertake their own due diligence regarding their securities, futures, and investment practices. This press release speaks only as of this date. Cboe Global Markets, Inc. disclaims any duty to update the information herein.
Nothing in this announcement should be considered a solicitation to buy or an offer to sell any securities or futures in any jurisdiction where the offer or solicitation would be unlawful under the laws of such jurisdiction. Nothing contained in this communication constitutes tax, legal or investment advice. Investors must consult their tax adviser or legal counsel for advice and information concerning their particular situation.
Cboe Global Markets, Inc. and its affiliates make no warranty, expressed or implied, including, without limitation, any warranties as of merchantability, fitness for a particular purpose, accuracy, completeness or timeliness, the results to be obtained by recipients of the products and services described herein, or as to the ability of the indices referenced in this press release to track the performance of their respective securities, generally, or the performance of the indices referenced in this press release or any subset of their respective securities, and shall not in any way be liable for any inaccuracies, errors. Cboe Global Markets, Inc. and its affiliates have not calculated, composed or determined the constituents or weightings of the securities that comprise the third-party indices referenced in this press release and shall not in any way be liable for any inaccuracies or errors in any of the indices referenced in this press release.
There are important risks associated with transacting in any of the Cboe Company products discussed here. Before engaging in any transactions in those products, it is important for market participants to carefully review the disclosures and disclaimers contained at: https://www.cboe.com/us_disclaimers/.
Options involve risk and are not suitable for all market participants. Prior to buying or selling an option, a person should review the Characteristics and Risks of Standardized Options (ODD), which is required to be provided to all such persons. Copies of the ODD are available from your broker or from The Options Clearing Corporation, 125 S. Franklin Street, Suite 1200,
View original content to download multimedia:https://www.prnewswire.com/news-releases/cboe-global-markets-reports-trading-volume-for-august-2024-302239952.html
SOURCE Cboe Global Markets, Inc.
FAQ
What was the average daily trading volume for Cboe index options in August 2024?
How did Cboe's futures contracts perform in August 2024 compared to the previous year?
What was the notable achievement for S&P 500 Index (SPX) options trading on August 5th, 2024?
How did Cboe's Global FX trading volume perform in August 2024?
