Cboe Global Markets Reports Trading Volume for February 2022

Rhea-AI Summary

Cboe Global Markets reported record trading volumes for February 2022, totaling 250.9 million options contracts, with an average daily volume (ADV) of 13.2 million contracts. S&P 500 Index options experienced a record ADV of 31,846 contracts, while MSCI EAFE Index options set a daily record of 6,793 contracts on February 25. The successful launch of Cboe BIDS Canada and record ADNV for Periodic Auctions at €2.0 billion further highlight significant growth. The company continues to strengthen its global market presence.

Positive

• Total options volume of 250.9 million contracts in February 2022, highest for the month.
• S&P 500 Index options set a record ADV of 31,846 contracts.
• MSCI EAFE Index options reached a daily volume record with 6,793 contracts on February 25.
• Cboe BIDS Canada launched successfully on February 1, showing strong buyside demand.
• Cboe Periodic Auctions reported record ADNV of €2.0 billion in February.

Negative

• Total options volume decreased by 3.3% from February 2021.
• U.S. Equities on-exchange matched shares fell by 23.7% year-over-year.
• Canadian equities matched shares dropped significantly by 57.2% compared to February 2021.

CHICAGO, March 3, 2022 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), a leading provider of global market infrastructure and tradable products, 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.

Trading Volume for Current Month						Year-To-Date
	Feb 2022	Feb 2021	% Chg	Jan 2022	% Chg	Feb 2022	Feb 2021	% Chg
Multiply-listed options (contracts, k)	10,805	11,178	-3.3%	11,573	-6.6%	11,199	11,381	-1.6%
Index options (contracts, k)	2,403	1,944	23.6%	2,553	-5.9%	2,480	1,967	26.1%
Futures (contracts, k)	270	269	0.4%	303	-10.9%	287	271	6.2%
U.S. Equities - On-Exchange (matched shares, mn)	1,758	2,305	-23.7%	1,794	-2.0%	1,777	2,293	-22.5%
U.S. Equities - Off-Exchange (matched shares, mn)	105	100	5.3%	105	0.0%	105	106	-0.6%
Canadian Equities (matched shares, k)	37,792	88,355	-57.2%	42,651	-11.4%	40,284	75,679	-46.8%
European Equities (€, mn)	12,672	7,532	68.2%	11,737	8.0%	12,193	7,102	71.7%
EuroCCP Cleared Trades (k)	140,562	93,040	51.1%	132,328	6.2%	272,889	181,282	NM
EuroCCP Net Settlements (k)	874	771	13.3%	889	-1.6%	1,763	1,511	NM
Australian Equities1 (AUD, mn)	893	N/A		844	5.7%	868	N/A
Japanese Equities1 (JPY, bn)	162	N/A		158	2.7%	160	N/A
Global FX ADNV ($, mn)	42,926	37,346	14.9%	37,320	15.0%	40,055	36,276	10.4%

1Australian Equities and Japanese Equities data reflects Cboe's acquisition of Chi-X Asia Pacific effective on July 1, 2021.

ADV = Average Daily Volume

ADNV = Average Daily Notional Value

NM = Not Meaningful

February 2022 Trading Volume Highlights

• Total volume across Cboe's four options exchanges was 250.9 million contracts, the highest February volume on record. Total options ADV was 13.2 million contracts for the month.
• Trading in S&P 500 Index (SPX) options during Global Trading Hours reached a new high in February, with a record ADV of 31,846 contracts.
• MSCI® EAFE® Index (MXEA) options set a new daily volume record with 6,793 contracts traded on February 25.
• Cboe BIDS Canada, Cboe's new Canadian equities block-trading offering, successfully launched on February 1 with strong buyside demand.
• Cboe Periodic Auctions reported record ADNV traded of €2.0 billion in February, beating the previous record of €1.9 billion ADNV traded in January 2022.

About Cboe Global Markets, Inc.

Cboe Global Markets (Cboe: CBOE), a leading provider of market infrastructure and tradable products, delivers cutting-edge trading, clearing and investment solutions to market participants around the world. The company is committed to operating a trusted, inclusive global marketplace, providing leading products, technology and data solutions that enable participants to define a sustainable financial future. Cboe provides trading solutions and products in multiple asset classes, including equities, derivatives and FX, across North America, Europe and Asia Pacific. To learn more, visit www.cboe.com.

Media Contacts			Analyst Contact
Angela Tu	Tim Cave		Kenneth Hill, CFA
+1-646-856-8734	+44 (0) 7593-506-719		1-312-786-7559
atu@cboe.com	tcave@cboe.com		khill@cboe.com

CBOE-V

Cboe®, Cboe Global Markets®, Cboe Volatility Index®, and VIX® are registered trademarks and Cboe Futures Exchange^SM is a service mark 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 or MSCI Inc. 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.

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, Chicago, IL 60606. 

Futures trading is not suitable for all investors and involves the risk of loss. That risk of loss can be substantial and can exceed the amount of money deposited for a futures position. You should, therefore, carefully consider whether futures trading is suitable for you in light of your circumstances and financial resources. You should put at risk only funds that you can afford to lose without affecting your lifestyle. For additional information regarding futures trading risks, see the Risk Disclosure Statement set forth in Appendix A to CFTC Regulation 1.55(c) and the Risk Disclosure Statement for Security Futures Contracts.

 

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SOURCE Cboe Global Markets, Inc.

FAQ

What were Cboe's trading volume statistics for February 2022?

Cboe reported a total trading volume of 250.9 million options contracts in February 2022.

How did S&P 500 Index options perform in February 2022?

S&P 500 Index options achieved a record average daily volume of 31,846 contracts.

What new initiatives did Cboe launch in February 2022?

Cboe successfully launched Cboe BIDS Canada on February 1, 2022.

What was the trading volume for MSCI EAFE Index options in February 2022?

MSCI EAFE Index options set a daily volume record of 6,793 contracts on February 25, 2022.

How did Cboe's trading volumes compare to February 2021?

Cboe's total options volume decreased by 3.3% compared to February 2021.