Cboe Global Markets has released its financial results for May 2021. The data shows that the firm’s performance has significantly improved compared to the previous month and higher than in the same period last year.
According to the official announcement, the average daily volume (ADV) in index options stood at 2 million contracts. The ADV increased by 14% compared to last month and was 33% higher than May 2020. The ADV for multiply listed options came in at 9 million contracts, the figure being a 6% increase compared to April and a 12% increase compared to May 2020.
The ADV in S&P 500 Index (SPX) options came in at 1.32 million contracts, a 13% surge compared to the previous month and a 22% increase compared to May 2020. The ADV for Volatility Index came in at 613,595 contracts, a 21% increase compared to April 2021 and a 74% increase compared to May 2020.
The ADV for VIX futures for May 2020 was 245,727 contracts, a 32% MoM and an 86% gain compared to the same period last year. The ADV in mini VIX futures was 18,224 contracts, a 78% MoM gain. The records also stated that “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 & Global FX
The financials also showed data from the European market. The firm’s market share in Swiss securities rose from 13.4% in April 2021 to 14.5% in May 2021. The firm’s European trading platform, known as Cboe LIS, had a market share of 25.8% last month. This was the highest record for the firm.
The Cboe SEF NDF trading also increased to a record high monthly ADV of $271 million trades. The figure was 29% compared to the same period last month and 30% higher than the previous record set in April 2021.
About Cboe Global Markets
Cboe Global Markers offers the best trading and investment solutions to traders globally. The firm aims at transforming the sector through innovation, cutting-edge technologies, and robust trading solutions.
The firm has recently been expanding its presence in the crypto sector. It is planning to list Bitcoin futures yet again following high demand from retail and institutional investors. The firm made a record in December 2017 as the first regulated US derivatives exchange to offer Bitcoin futures.