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Cboe Global Markets Announces Record Trading Volume Results

Cboe Global Markets Announces Record Trading Volume Results

Cboe Global Markets Reports Strong Performance

In a recent announcement, Cboe Global Markets, Inc. (Cboe: CBOE), recognized as a global leader in derivatives and securities trading, shared impressive trading volume figures for December and the entirety of 2025. The report highlights record-breaking achievements and insights into the company's financial performance, solidifying its position in the competitive financial exchange landscape.

Impressive Trading Statistics for December 2025

Cboe's overall trading volume saw significant growth, with December marking a notable month in terms of transactions. Across its options exchanges, Cboe achieved a staggering total of 4.6 billion contracts traded throughout 2025, culminating in an average daily volume (ADV) of 18.4 million contracts. This achievement marks the sixth consecutive year of record-breaking performance.

Key Highlights of December’s Volume Metrics

  • Multi-listed options recorded an impressive 3.4 billion contracts traded, achieving an ADV of 13.5 million contracts.
  • Noteworthy performance was seen in proprietary index options, which totaled 1.2 billion contracts with an ADV of 4.9 million contracts.
  • S&P 500 Index (SPX) options trading reached 970.6 million contracts, with an ADV of 3.9 million contracts.
  • SPX options with zero-days-to-expiry (0DTE) recorded an ADV of 2.3 million contracts, accounting for 59% of total SPX volume.
  • Cboe Volatility Index (VIX) options traded accounted for 215.6 million contracts, averaging 862 thousand contracts daily.

Additional Yearly Trading Achievements

2025 was a historic year for Cboe, with several notable milestones reached in trading volume:

  • A record 29 of the top 30 SPX options trading days occurred during 2025, showing remarkable market activity.
  • The company experienced an increase of 130.8% in off-exchange matched shares compared to the previous year, reflecting a strong performance by BIDS Trading, which reported an annual ADV of 155.0 million matched shares.
  • In the European equities sector, Cboe achieved an annual average daily notional volume (ADNV) of €12.8 billion, solidifying its status in international markets.

Global FX and Futures Performance

In addition to options and equities, Cboe's Global FX division also reported record-breaking figures:

  • Total spot ADNV reached $49.7 billion in 2025, surpassing last year's record.
  • In the futures market, Cboe reported noteworthy transitions, driven by the integration of digital futures products into its trading platforms.

Looking Ahead: Fourth Quarter Guidance

The outlook for the fourth quarter of 2025 shows promising projections for revenue per contract (RPC) and net revenue capture. Although estimates are preliminary and subject to change, the figures reflect potential growth and strong performance moving forward.

Projected RPC Metrics Summary

  • Multi-listed options are projected at an RPC of $0.075, indicating solid performance.
  • Index options are expected to average around $0.937 per contract for the quarter.
  • For futures, the RPC is anticipated to be approximately $1.717 per contract.

About Cboe Global Markets

Cboe Global Markets (Cboe: CBOE) is renowned for its innovation and leadership in the global exchange landscape. Cboe provides a cutting-edge trading network that encompasses equities, derivatives, and FX trading solutions across multiple asset classes. The company remains committed to fostering an inclusive marketplace that supports sustainable financial journeys worldwide.

Frequently Asked Questions

What were Cboe's total options trading volumes in 2025?

Cboe traded a total of 4.6 billion options contracts across its exchanges in 2025.

How did Cboe perform in the SPX options market?

The SPX options market saw a total of 970.6 million contracts traded in 2025, with a record low of 0DTE options.

What is the average daily trading volume reported for December 2025?

The average daily trading volume for December 2025 was 18.4 million contracts.

What records did Cboe achieve in European equities?

Cboe achieved an annual ADNV of €12.8 billion and a market share of 25% in European equities.

How is Cboe positioned for the future?

Cboe expresses optimism for future growth, particularly in revenue per contract and net revenue capture based on Q4 projections.

About The Author

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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