Cboe Global Markets Reports May 2021 Trading Volume

- Options ADV up 15 percent over May 2020

- Futures ADV up 99 percent over May 2020, with trading in IBIG futures reaching a new all-time high

- Global FX ADNV up 5 percent over May 2020, with Cboe SEF NDF trading setting a new monthly record

- European Equities ADNV up 28 percent over May 2020

- U.S. Equities ADV up 6 percent over April 2021

News provided by

Cboe Global Markets, Inc.

Jun 03, 2021, 16:30 ET

CHICAGO, June 3, 2021 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), a market operator and global trading solutions provider, today reported May 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 May 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
	May	May	%	April	%			%
	2021	2020	Chg	2021	Chg	2021	2020	Chg
OPTIONS VOLUME (contracts, thousands)						Year-To-Date
Trading Days	20	20		21		102	103
Total Volume	220,065	191,428	15.0%	214,473	2.6%	1,208,060	1,057,599	14.2%
Total ADV	11,003	9,571	15.0%	10,213	7.7%	11,844	10,268	15.3%
FUTURES VOLUME (contracts, thousands)						Year-To-Date
Trading Days	20	20		21		102	103
Total Volume	5,328	2,675	99.2%	4,178	27.5%	25,118	25,532	-1.6%
Total ADV	266	134	99.2%	199	33.9%	246	248	-0.7%
U.S. EQUITIES – EXCHANGE MATCHED VOLUME (shares, millions)						Year-To-Date
Trading Days	20	20		21		102	103
Total Volume	31,166	37,944	-17.9%	30,779	1.3%	196,193	194,368	0.9%
Total ADV	1,558	1,897	-17.9%	1,466	6.3%	1,923	1,887	1.9%
U.S. EQUITIES – OFF-EXCHANGE MATCHED VOLUME (shares, millions)¹						Year-To-Date
Trading Days	20	20		21		102	103
Total Volume	1,626	N/A		1,480	9.9%	9,178	N/A
Total ADV	81	N/A		70	15.4%	90	N/A
CANADIAN EQUITIES MATCHED VOLUME (shares, thousands)²						Year-To-Date
Trading Days	20	N/A		21		103	N/A
Total Volume	986,015	N/A		1,081,784	-8.9%	6,492,074	N/A
Total ADV	49,301	N/A		51,514	-4.3%	63,030	N/A
EUROPEAN EQUITIES (€ millions)						Year-To-Date
Trading Days	21	21		20		104	105
Total Notional Value	€ 151,546	€ 118,132	28.3%	€ 153,872	-1.5%	€ 778,721	€ 823,481	-5.4%
Total ADNV	€ 7,216	€ 5,625	28.3%	€ 7,694	-6.2%	€ 7,488	€ 7,843	-4.5%
EUROCCP (thousands)³						Year-To-Date
Cleared Trades	102,684	N/A		96,909	6.0%	497,816	N/A
Net Settlements	772	N/A		771	0.1%	3,967	N/A
GLOBAL FX ($ millions)⁴						Year-To-Date
Trading Days	21	21		22		106	107
Total Notional Value	$688,812	$658,664	4.6%	$681,941	1.0%	$3,706,431	$4,076,013	-9.1%
Total ADNV	32,801	31,365	4.6%	30,997	5.8%	34,966	38,094	-8.2%

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.

⁴Global FX metrics continue to include Spot and as of January 2021 include SEF products.

May Trading Volume Highlights
Options

Average daily volume (ADV) in index options was 2 million contracts, up 14 percent from April 2021 and up 33 percent from May 2020.
ADV in multiply-listed options was 9 million contracts, up 6 percent from April 2021 and up 12 percent from May 2020.
ADV in S&P 500® Index (SPX) options was 1.32 million contracts, up 13 percent from April 2021 and up 22 percent from May 2020.
ADV in Cboe Volatility Index® (VIX®) options was 613,595 contracts, up 21 percent from April 2021 and up 74 percent from May 2020.

Futures

ADV in VIX futures (VX) was 245,727 contracts, up 32 percent from April 2021 and up 86 percent from May 2020.
ADV in Mini VIX futures (VXM) was 18,224 contracts, up 78 percent from April 2021.
ADV in Cboe® iBoxx® iShares® $ Investment Grade Corporate Bond Index (IBIG) futures reached a new high of 1,122 contracts traded, up 46 percent from April 2021, representing more than $3.3 billion in notional value.

European Equities

Cboe's market share in Swiss securities increased from 13.4 percent to 14.5 percent in May over April 2021.
Cboe LIS, Cboe Europe's block trading platform, had a market share of 25.8 percent¹ during May – its highest on record.

Global FX

Cboe SEF NDF trading saw its highest monthly ADV with $271 million notional traded, up 30 percent from its prior record set in April 2021 and up 29% from May 2020.

About Cboe Global Markets, Inc.

Cboe Global Markets (Cboe: CBOE) provides cutting-edge trading and investment solutions to market participants around the world. The company is committed to defining markets through product innovation, leading edge technology and seamless trading solutions.

The company offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, U.S., Canadian and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and volatility products based on the Cboe Volatility Index (VIX Index), recognized as the world's premier gauge of U.S. equity market volatility.

Cboe's subsidiaries include the largest options exchange and the third largest stock exchange operator in the U.S. In addition, the company operates one of the largest stock exchanges by value traded in Europe, and owns EuroCCP, a leading pan-European equities clearing house. Cboe also is a leading market globally for ETP listings and trading.

The company is headquartered in Chicago with a network of domestic and global offices across the Americas, Europe and Asia, including main hubs in New York, London, Kansas City and Amsterdam. For more information, visit www.cboe.com.

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CBOE-V

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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.

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¹ According to data from big xyt

SOURCE Cboe Global Markets, Inc.