Cboe Global Markets Reports Trading Volume for May 2023

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Jun 05, 2023, 16:30 ET

CHICAGO, June 5, 2023 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, 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.

Average Daily Trading Volume (ADV) by Month						Year-To-Date

	May 2023	May 2022	% Chg	April 2023	% Chg	May 2023	May 2022	% Chg
Multiply-listed options (contracts, k)	10,517	10,691	-1.6 %	9,810	7.2 %	10,715	10,764	-0.5 %
Index options (contracts, k)	3,613	2,853	26.6 %	3,507	3.0 %	3,583	2,485	44.2 %
Futures (contracts, k)	207	248	-16.5 %	186	11.0 %	218	245	-11.1 %
U.S. Equities - On-Exchange (matched shares, mn)	1,383	1,851	-25.3 %	1,354	2.1 %	1,449	1,802	-19.6 %
U.S. Equities - Off-Exchange (matched shares, mn)	83	104	-19.8 %	75	11.3 %	85	104	-17.9 %
Canadian Equities¹ (matched shares, k)	118,255	38,013	211.1 %	135,428	-12.7 %	141,114	39,565	256.7 %
European Equities (€, mn)	8,727	11,187	-22.0 %	10,413	-16.2 %	10,642	12,206	-12.8 %
Cboe Clear Europe Cleared Trades² (k)	96,663	129,531	-25.4 %	87,863	10.0 %	543,944	697,505	-22.0 %
Cboe Clear Europe Net Settlements² (k)	843	892	-5.5 %	716	17.7 %	4,220	4,464	-5.5 %
Australian Equities (AUD, mn)	655	836	-21.6 %	708	-7.4 %	725	860	-15.7 %
Japanese Equities (JPY, bn)	226	111	103.4 %	166	36.4 %	188	149	26.2 %
Global FX ($, mn)	41,807	40,457	3.3 %	40,599	3.0 %	43,501	40,820	6.6 %

¹Canadian Equities data includes MATCHNow and NEO (now operating as Cboe Canada) from June 2022 onwards. Before June 2022 it included MATCHNow only.

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.

May 2023 Trading Volume Highlights

U.S. Options

Cboe's proprietary product index suite reported a combined ADV of 3.6 million contracts, the second-highest on record.

Cboe Volatility Index® (VIX®) options and S&P 500 Index (SPX) options in May had the second-highest monthly volumes for the year, with ADV of 770k contracts and 2.7 million contracts, respectively.

European Equities

Cboe BIDS Europe, Cboe's European block trading platform, had a 36.6% share of the LIS (large-in-scale) market, a record high (Source: big xyt).
Cboe Clear Europe, Cboe's pan-European clearing house, cleared a record 1.3 million trades on Euronext Milan under the preferred clearing model, beating the previous high of 0.5 million trades cleared in April 2023.

About Cboe Global Markets, Inc.

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, FX, and digital assets, across North America, Europe and Asia Pacific. Above all, we are committed to building a trusted, inclusive global marketplace that enables people to pursue a sustainable financial future. To learn more about the Exchange for the World Stage, 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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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.

SOURCE Cboe Global Markets