Cboe Global Markets Reports Trading Volume for July 2022
Cboe Global Markets (CBOE) reported its July 2022 trading volume statistics, showing a significant increase in U.S. options trading. Average daily volume in SPX options hit an all-time high of 880k contracts, representing 42% of total SPX options volume. Canadian equities saw a record average daily volume with 1.09 million shares. European equities market share reached 24.7%, the highest since January 2016. Additionally, EuroCCP cleared a record 6.1 million sides in July, marking a 57.4% increase from June's figures.
- SPX options average daily volume reached an all-time high of 880k contracts (42% of total SPX volume).
- Canadian equities set a record with an average daily volume of 1.09 million shares.
- European equities market share was 24.7%, the highest since January 2016.
- EuroCCP cleared a record 6.1 million sides, up 57.4% from June.
- Decline in futures trading volume by 16.7% compared to July 2021.
- U.S. equities off-exchange matched shares decreased by 7.8% from the prior year.
CHICAGO, Aug. 3, 2022 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), a leading provider of global market infrastructure and tradable products, today reported July 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 July 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 by Month | Year-To-Date | |||||||
July 2022 | July 2021 | % Chg | June 2022 | % | July 2022 | July 2021 | % | |
Multiply-listed options (contracts, k) | 10,020 | 9,848 | 1.8 % | 10,255 | -2.3 % | 10,587 | 9,981 | 6.1 % |
Index options (contracts, k) | 2,623 | 1,918 | 36.7 % | 2,842 | -7.7 % | 2,556 | 1,876 | 36.2 % |
Futures (contracts, k) | 187 | 224 | -16.7 % | 201 | -6.9 % | 231 | 233 | -1.1 % |
U.S. Equities - On-Exchange (matched shares, mn) | 1,437 | 1,398 | 2.8 % | 1,634 | -12.1 % | 1,727 | 1,783 | -3.1 % |
U.S. Equities - Off-Exchange (matched shares, mn) | 77 | 75 | 2.0 % | 83 | -7.8 % | 97 | 86 | 13.5 % |
Canadian Equities1 (matched shares, k) | 29,085 | 34,333 | -15.3 % | 33,799 | -13.9 % | 37,244 | 55,696 | -33.1 % |
European Equities (€, mn) | 10,026 | 7,146 | 40.3 % | 10,226 | -2.0 % | 11,602 | 7,367 | 57.5 % |
EuroCCP Cleared Trades2 (k) | 111,792 | 100,768 | 10.9 % | 116,357 | -3.9 % | 922,581 | 693,794 | 33.0 % |
EuroCCP Net Settlements2 (k) | 805 | 828 | -2.8 % | 839 | -4.0 % | 6,109 | 5,619 | 8.7 % |
Australian Equities3 (AUD, mn) | 629 | 672 | -6.4 % | 877 | -28.3 % | 829 | 672 | 23.4 % |
Japanese Equities3 (JPY, bn) | 163 | 77 | 112.9 % | 147 | 11.5 % | 151 | 77 | 96.5 % |
Global FX ($, mn) | 39,085 | 33,072 | 18.2 % | 40,521 | -3.5 % | 40,533 | 34,495 | 17.5 % |
1 Canadian Equities data reflects MatchNow and also now reflects Cboe's acquisition of NEO effective on June 1, 2022. |
2 Aggregrate figures for the month and then the totals year-to-date |
3 Australian Equities and Japanese Equities data reflects Cboe's acquisition of Cboe Asia Pacific (formerly Chi-X Asia Pacific) effective on July 1, 2021. |
July 2022 Trading Volume Highlights
U.S. Options
- Average daily volume (ADV) in SPX options expiring on the trade date reached an all time high at 880k contracts, accounting for 42 percent of all S&P 500 Index (SPX) options volume.
- SPX Weeklys Tuesday and Thursday options continued their strong debut, with total volume of 4.8 million Tuesday options and 4.6 million Thursday options traded in July.
- ADV in Mini-SPX (XSP) options surpassed 31k contracts in July, the highest month since March 2020.
Canadian Equities
- Cboe BIDS Canada, a new Canadian equities block trading venue that launched in February, set an ADV record in its Conditional Order Book for the second consecutive month with 1.09 million shares per day traded on average in July.
European Equities and Derivatives
- Cboe Europe Equities had an overall market share of 24.7 percent in July, the highest month since January 2016.
- Cboe BIDS Europe, Cboe's European block trading platform, had a 35 percent share of the LIS (large-in-scale) market in July, a record high and making it the largest platform of its type for the fourth successive month (Source: big xyt).
- EuroCCP cleared 6.1 million sides on Euronext's stock exchanges in Amsterdam, Brussels, Paris and Lisbon during July under the preferred clearing model, a record high and up 57.4 percent on the previous high of 3.9 million sides cleared in June 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, FX and digital assets, 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 | ||||
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SOURCE Cboe Global Markets, Inc.
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