Cboe Global Markets Reports Trading Volume for November 2022

News provided by

Dec 05, 2022, 16:30 ET

CHICAGO, Dec. 5, 2022 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), a leading provider of global market infrastructure and tradable products, today reported November 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 November 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

	Nov 2022	Nov 2021	% Chg	Oct 2022	% Chg	Nov 2022	Nov 2021	% Chg
Multiply-listed options (contracts, k)	11,657	11,436	1.9 %	11,286	3.3 %	10,799	10,102	6.9 %
Index options (contracts, k)	3,266	2,167	50.7 %	3,590	-9.0 %	2,813	1,941	44.9 %
Futures (contracts, k)	183	237	-22.9 %	206	-11.0 %	221	229	-3.8 %
U.S. Equities - On-Exchange (matched shares, mn)	1,508	1,472	2.5 %	1,545	-2.4 %	1,639	1,638	0.0 %
U.S. Equities - Off-Exchange (matched shares, mn)	89	98	-9.7 %	84	5.7 %	92	83	10.6 %
Canadian Equities¹ (matched shares, k)	136,248	45,042	202.5 %	128,411	6.1 %	86,482	50,742	70.4 %
European Equities (€, mn)	10,689	10,054	6.3 %	10,730	-0.4 %	11,034	7,707	43.2 %
Cboe Clear Europe Cleared Trades² (k)	121,563	129,969	-6.5 %	123,905	-1.9 %	1,397,806	1,138,398	22.8 %
Cboe Clear Europe Net Settlements² (k)	859	923	-7.0 %	811	6.0 %	9,520	9,032	5.4 %
Australian Equities³ (AUD, mn)	741	807	-8.1 %	746	-0.6 %	794	N/A
Japanese Equities³ (JPY, bn)	111	111	-0.5 %	178	-37.7 %	151	N/A
Global FX ($, mn)	42,844	35,974	19.1 %	43,671	-1.9 %	41,371	34,244	20.8 %

¹Canadian Equities data include MATCHNow and NEO from June 2022 onwards. Before June 2022 it included MATCHNow only. "Net capture per 10,000 touched shares" refers to transaction fees divided by the product of one-ten thousandth ADV of shares for NEO and MATCHNow and the number of trading days for the period.
² Cboe Clear Europe figures are totals (not ADV) for the months and years-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.

November 2022 Trading Volume Highlights

U.S. Options

For the fourth consecutive month, total U.S. options volume reached an all-time high with 313.4 million contracts traded across all four Cboe U.S. options exchanges.
Total volume in Mini-S&P 500 Index (XSP) options surpassed 1.3 million contracts in November, with average daily volume (ADV) of 66,000 contracts, the highest month since February 2020.

Canadian Equities

Cboe BIDS Canada set a new monthly volume record of 28.2 million shares, representing an ADV of 1.3 million shares, and surpassing the previous record of 23.2 million shares in June 2022.

Global FX

Spot Full Amount ADV reached a new all-time monthly high of $15 billion.

European Equities and Derivatives

Cboe Europe Equities had an overall market share of 24.7 percent in November, making it Europe's largest stock exchange for the fifth successive month.
Cboe BIDS Europe, Cboe's European block trading platform, had a 34 percent share of the LIS (large-in-scale) market, making it the largest platform of its type for the eighth successive month (Source: big xyt).
Cboe Europe Derivatives traded 2,688 contracts, a record monthly figure and beating the previous high of 2,464 contracts in March 2022.
Cboe Clear Europe, Cboe's pan-European clearing house, cleared a record 7.0 million trades on Euronext's stock exchanges in Amsterdam, Brussels, Paris and Lisbon under the preferred clearing model, beating the previous high of 6.5 million trades cleared in September 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
[email protected]	[email protected]		[email protected]

CBOE-V

Cboe®, Cboe Global Markets®, Cboe Volatility Index®, VIX® and XSP® 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. 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.

SOURCE Cboe Global Markets, Inc.