Cboe Global Markets Reports Global FX ADTV of Nearly $42Bn in May 2023

Cboe Global Markets, Inc. (Cboe), a leading provider of global market infrastructure and tradable products, released May monthly trading volume statistics across its global business lines, seeing its Global FX Average Daily Trading Volume (ADTV) of $41.81 billion, 3.3% higher than $40.46 billion in May 2022 and 3.0% higher than $40.60 billion in April 2023.

May 2023 Trading Volume Performances

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.

Australian Equities

• ADTV of Australian Equities came in at AUD 655 million, down 21.6% compared to AUD 836 million in May 2022 and down 7.4% compared to AUD 708 million in April 2023.

Japanese Equities

• ADTV of Japanese Equities amounted to JPY 226 billion, jumping 103.4% compared to JPY 111billion in May 2022 and increasing 36.4% compared to JPY 166 billion in April 2023.