Cboe Global Markets Reports July 2021 Trading Volume

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Aug 04, 2021, 17:45 ET

CHICAGO, Aug. 4, 2021 /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.

Trading Volume for Current Month						Year-To-Date
	July	July	%	June	%	July	July	%
	2021	2020	Chg	2021	Chg	2021	2020	Chg
Multiply-listed options ADV (contracts, k)	9,848	7,634	29%	10,232	-4%	9,981	8,126	23%
Index options ADV (contracts, k)	1,918	1,321	45%	1,778	8%	1,876	2,002	6%
Futures ADV (contracts, k)	224	143	56%	182	23%	233	223	5%
U.S. Equities - On-Exchange ADV (matched shares, mn)	1,398	1,610	-13%	1,500	-7%	1,783	1,865	-4%
U.S. Equities - Off-Exchange ADV (matched shares, mn)¹	75	N/A		76	0%	86	N/A
Canadian Equities ADV (matched shares, k)²	34,333	N/A		41,751	-18%	55,696	N/A
European Equities ADNV (€, mn)	7,146	5,874	22%	7,014	2%	7,367	7,437	-1%
EuroCCP Total Cleared Trades (k)³	100,768	91,221	11%	95,209	6%	693,794	91,221	N.M.
EuroCCP Total Net Settlements (k)³	828	676	22%	824	1%	5,619	676	N.M.
Australian Equities ADNV (AUD, mn)⁴	1,278	N/A		N/A		1,278	N/A
Japanese Equities ADNV (JPY, bn)⁴	75	N/A		N/A		JPY 75	N/A
Global FX ADNV ($, mn)⁵	33,051	30,031	10%	33,646	-2%	34,492	36,371	-5%
¹U.S. Equities Off-Exchange data reflects Cboe's acquisition of BIDS Trading effective on December 31, 2020.						ADV= average daily volume
²Canadian Equities data reflects Cboe's acquisition of MATCHNow effective on August 4, 2020.						ADNV= average daily notional value
³EuroCCP data reflects Cboe's acquisition of EuroCCP effective on July 1, 2020.						N.M. Not Meaningful
⁴Australian Equities and Japanese Equities data reflects Cboe's acquisition of Chi-X Asia Pacific effective on July 1, 2021.
⁵Global FX metrics continue to include Spot and as of January 2021 include SEF products.

July 2021 Trading Volume Highlights

Cboe® iBoxx® iShares® $ High Yield Corporate Bond Index (IBHY) futures reached an all-time monthly high and surpassed $5 billion in notional value traded for the first time; 39,919 total contracts were traded during July, representing a total notional value of $5.9 billion.
Total volume in Russell 2000® Index (RUT) options reached nearly 1.2 million contracts traded in July, with 56,054 contracts traded on average per day – the highest month on record since October 2018.
S&P 500® Index (SPX) options had highest monthly average daily volume for the year, with nearly 1.4 million contracts traded on average per day in July.
Average daily notional value in Non-Deliverable Forwards (NDFs) transacted on Cboe SEF reached $369 million during July, the fourth consecutive record month.

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
[email protected]	[email protected]	[email protected]

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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.

The iBoxx® iShares® $ High Yield Corporate Bond Index and the iBoxx® iShares® $ Investment Grade Corporate Bond Index (the "Indexes") referenced herein are the property of Markit Indices Limited ("Index Sponsor") and have been licensed for use in connection with Cboe® iBoxx® iShares® $ High Yield Corporate Bond Index Futures and Cboe® iBoxx® iShares® $ Investment Grade Corporate Bond Index Futures. Each party to a Cboe® iBoxx® iShares® $ High Yield Corporate Bond Index Futures or Cboe® iBoxx® iShares® $ Investment Grade Corporate Bond Index Futures transaction acknowledges and agrees that the transaction is not sponsored, endorsed or promoted by the Index Sponsor. The Index Sponsor makes no representation whatsoever, whether express or implied, and hereby expressly disclaims all warranties (including, without limitation, those of merchantability or fitness for a particular purpose or use), with respect to the Indexes or any data included therein or relating thereto, and in particular disclaims any warranty either as to the quality, accuracy and/or completeness of the Indexes or any data included therein, the results obtained from the use of the Indexes and/or the composition of the Indexes at any particular time on any particular date or otherwise and/or the creditworthiness of any entity, or the likelihood of the occurrence of a credit event or similar event (however defined) with respect to an obligation, in the Indexes at any particular time on any particular date or otherwise. The Index Sponsor shall not be liable (whether in negligence or otherwise) to the parties or any other person for any error in the Indexes, and the Index Sponsor is under no obligation to advise the parties or any person of any error therein.

The Index Sponsor makes no representation whatsoever, whether express or implied, as to the advisability of purchasing or selling Cboe® iBoxx® iShares® $ High Yield Corporate Bond Index Futures and Cboe® iBoxx® iShares® $ Investment Grade Corporate Bond Index Futures, the ability of the Indexes to track relevant markets' performances, or otherwise relating to the Indexes or any transaction or product with respect thereto, or of assuming any risks in connection therewith. The Index Sponsor has no obligation to take the needs of any party into consideration in determining, composing or calculating the Indexes. No party purchasing or selling Cboe® iBoxx® iShares® $ High Yield Corporate Bond Index Futures or Cboe® iBoxx® iShares® $ Investment Grade Corporate Bond Index Futures, nor the Index Sponsor, shall have any liability to any party for any act or failure to act by the Index Sponsor in connection with the determination, adjustment, calculation or maintenance of the Indexes. iBoxx® is a service mark of IHS Markit Limited.

The iBoxx® iShares® $ High Yield Corporate Bond Index and the iBoxx® iShares® $ Investment Grade Corporate Bond Index (the "Indexes") and futures contracts on the Indexes ("Contracts") are not sponsored by, or sold by BlackRock, Inc. or any of its affiliates (collectively, " BlackRock"). BlackRock makes no representation or warranty, express or implied to any person regarding the advisability of investing in securities, generally, or in the Contracts in particular. Nor does BlackRock make any representation or warranty as to the ability of the Index to track the performance of the fixed income securities market, generally, or the performance of HYG, LQD or any subset of fixed income securities.

BlackRock has not calculated, composed or determined the constituents or weightings of the fixed income securities that comprise the Indexes ("Underlying Data"). BlackRock is not responsible for and has not participated in the determination of the prices and amounts of the Contracts, or the timing of the issuance or sale of such Contracts or in the determination or calculation of the equation by which the Contracts are to be converted into cash (if applicable). BlackRock has no obligation or liability in connection with the administration or trading of the Contracts. BlackRock does not guarantee the accuracy or the completeness of the Underlying Data and any data included therein and BlackRock shall have no liability for any errors, omissions or interruptions related thereto.

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iShares® is a registered trademark of BlackRock Fund Advisors and its affiliates.

SOURCE Cboe Global Markets, Inc.