Cboe Records 18.5% Increase in March Trading Volume

Cboe has seen an incredible jump in trading volumes during the March with a total of more than $880 billion, which is 18.5 percent higher when compared to the previous month.

In February, Cboe has recorded $742.9 billion trading volumes. The Average Daily Volume (ADV) on the platform for March reached $38.26 billion, which is 3 percent higher when compared to February while about 30.4 percent lower than the March 2020 peak.

An increase in forex trading volumes has also been seen in other platforms including FXSpotStream and Integral.

Taking a look at the quarterly trading volumes in the Q1 of 2021, it is obvious that Cboe’s trading volumes have significantly increased. The spot quarterly volume on Cboe in Q1 2021 stood at $2.32 trillion with an ADV of $36.89 billion.

Cboe is classified as one of the most popular derivatives exchanges in the United States. It is also a publicly traded company that is looking towards expansion in its business footprint. Fazzaco has once reported on acquisition of BIDS Trading​, an institutional brokerage firm serving block traders.