Cboe Global Markets Posts Record Options Trading Volume for 2021

Cboe Global Markets, Inc. (Cboe: CBOE), a leading provider of global market infrastructure and tradable products, reported December monthly and full year 2021 trading volume statistics.

December 2021 and Full Year Trading Volume Highlights

• Options

Total options volume for 2021 was 3.0 billion contracts, the highest yearly volume on record and up 19 percent from 2020.

Total options ADV (average daily volume) reached a new all-time high of 12.1 million contracts traded per day in 2021.

ADV in S&P 500 Index (SPX) options was 1.6 million contracts in December, up 45 percent from December 2020. For the year, 345 million SPX options contracts were traded in total, with an ADV of 1.4 million contracts.

ADV in Cboe Volatility Index (VIX®) options was approximately 631,000 contracts in December, up 60 percent from December 2020. For the year, 132 million contracts were traded in total, with an ADV of more than 522,000 contracts.

MSCI® EAFE® (MXEA) options set a new annual volume record with approximately 392,000 contracts traded in 2021.

ADV in Russell 2000® Index (RUT) options was nearly 52,000 contracts in 2021, up 51 percent from 2020.

• Futures

ADV in VIX futures was 227,000 contracts in December. For the year, more than 54 million contracts were traded in total, with an ADV of 215,000 contracts.

Total volume in Mini VIX futures was 3.4 million contracts in 2021, with 13,400 contracts traded per day.

ADV in Cboe® iBoxx® iShares® $ High Yield Corporate Bond Index (IBHY) futures was 1,084 contracts in 2021, up 101 percent from 2020. Total volume was 273,000 contracts for the year.2

ADV in Cboe® iBoxx® iShares® $ Investment Grade Corporate Bond Index (IBIG) futures was 602 contracts in 2021, up 812 percent from 2020. A total of 152,000 contracts were traded for the year.2

• Global FX

Cboe FX spot market share increased to 16.7% in 2021, marking the fifth consecutive year of market share growth.

NDF trading volumes on Cboe SEF (Swap Execution Facility) increased 4x from 2020, capped by ADNV of $725 million for fourth-quarter 2021.

• U.S. Equities

Total volume traded through Cboe's Retail Priority program was more than 71 billion shares in 2021, up 108 percent from 2020, and representing approximately 283 million shares in ADV.

For the year, total notional value traded through Retail Priority surpassed $2.5 trillion, up 146 percent from 2020, and representing more than $10 billion in ADNV.

• European Equities

Cboe LIS, Cboe Europe's block trading platform, reported record ADNV traded of €432 million in 2021, up 31 percent on the €330 million ADNV traded in 2020.

Cboe Europe Periodic Auctions set a record ADNV traded of €1.26 billion in 2021, up 26 percent on the €999 million ADNV traded in 2020.