U.S. Options

• Total volume across Cboe’s four options exchanges reached a new monthly high of 337.2 million contracts in March, and a new daily high of 22.5 million contracts on March 10, 2023.
• Trading in S&P 500 Index (SPX) options set multiple new volume records for the month and quarter, including:
  • New quarterly ADV record of 2.8 million contracts
  • New monthly total volume record of 66.1 million contracts
  • New single-day volume record on March 10, 2023 with 4.2 million contracts traded

NEWS: Cboe Global Markets Reports Trading Volume for March 2023

We had records:
▪️in $SPX #options
▪️in SPX Nanos options
▪️across our 4 U.S. options #exchanges
▪️at CEDX
▪️at Cboe Clear Europe
▪️in global FX #trading

?: https://t.co/6noTPg2aTi

— Cboe (@CBOE) April 5, 2023

• Nanos options had its highest monthly ADV with 4,100 contracts traded per day in March. Introduced in March 2022, Nanos are 1/100^th the size of the mini-SPX contract and designed to help traders more easily identify and size trades, providing greater precision when hedging or taking a directional position.

European Equities and Derivatives

• Cboe European Derivatives Exchange (CEDX) traded 6,574 contracts in March, a record total monthly volume figure, beating the previous high of 3,824 contracts in January 2023.
• Cboe Clear Europe, Cboe’s pan-European clearing house, cleared a record 8 million trades on Euronext’s stock exchanges in Amsterdam, Brussels, Paris, Lisbon and Milan under the preferred clearing model, surpassing the previous high of 7.2 million trades cleared in November 2022.

Cboe FX set a new market share record in March of 19.9%, surpassing its previous best of 18.5% recorded in Feb '23. ?

In Q1 '23, Cboe FX also set records in spot FX ADNV ($43.9b), spot full amount ADNV ($13.8b) and NDF ADNV ($1.1b).

For more: https://t.co/ePr3nCP0kM pic.twitter.com/KaIDuu8JoG

— Cboe (@CBOE) April 11, 2023

Global FX

• Cboe FX set multiple volume records for the first quarter of 2023, including:
  • Spot FX quarterly ADNV of $43.9 billion
  • Spot Full Amount quarterly ADNV of $13.9 billion
  • Non-Deliverable Forwards (NDF) quarterly ADNV of $1.1 billion

Source: Cboe