Cboe Global Markets Sees Record Trading Volumes in 2024
Cboe Global Markets Releases Trading Metrics for Record Year
Cboe Global Markets, Inc. (Cboe: CBOE), recognized as a leading platform for derivatives and securities trading, has shared its impressive trading volume results for December and the entirety of the year. This release outlines significant advancements in trading activities across various sectors, including options and foreign exchange markets.
Monthly and Annual Trading Volumes
In 2024, Cboe experienced a total trading volume of 3.8 billion contracts on its four options exchanges. This marked the fifth consecutive year of record-breaking trading activity, with an average daily volume (ADV) of 14.95 million contracts. Such growth reflects the increasing reliance of market participants on Cboe’s robust trading infrastructure.
Highlights in U.S. Options Trading
Cboe’s proprietary products played a crucial role in this record-setting performance. The proprietary index options product suite alone achieved a remarkable total of 1.03 billion contracts traded throughout the year, averaging 4.1 million contracts daily. Within this segment, specific products such as the S&P 500 Index (SPX) options reached a total of 784.2 million contracts traded, showcasing their popularity among traders.
Global FX Markets Achievement
The Global FX sector also celebrated a standout year. With a recorded average daily notional volume (ADNV) of $45.4 billion, Cboe eclipsed the previous record of $43.6 billion set in the prior year. This growth in FX trading underscores the increasing momentum of Cboe’s international trading activities.
Guidance for Future Performance
The projections for revenue per contract (RPC) and net revenue capture for Q4 in 2024 indicate continued steady growth. Although these figures are preliminary and may be adjusted, they reflect Cboe’s strong market position and the steady demand for its trading services.
Summary of 2024 Trading Volume Highlights
In summary, Cboe Global Markets not only achieved record volumes in options trading but also laid solid groundwork for future growth within various trading sectors. The figures indicate a steady increase across all avenues, positively impacting revenue generation and market presence.
Contact Information
For further insights into Cboe Global Markets’ trading statistics or for general inquiries, interested parties can connect with Cboe’s media contacts. Cboe has established an efficient communication channel to engage with stakeholders and provide updates on its market advancements.
About Cboe Global Markets
Cboe Global Markets (Cboe: CBOE) offers comprehensive trading, clearing, and investment solutions globally. With a commitment to fostering a trusted trading environment, Cboe continues to innovate across different asset classes to cater to the diverse needs of market participants.
Frequently Asked Questions
What were Cboe's total trading volumes in December 2024?
Cboe's total trading volume reached 3.8 billion contracts in December 2024, marking a record-breaking month.
How did Cboe perform in the Global FX market?
Cboe reported a record full-year average daily notional volume of $45.4 billion in the Global FX market.
What are the expectations for Cboe's RPC in Q4 2024?
The projected RPC/net revenue capture metrics for Q4 2024 are preliminary and indicative of continued growth.
Which product suite broke records in 2024?
The proprietary index options product suite achieved significant volumes with 1.03 billion contracts traded in 2024.
How does Cboe plan to enhance its trading operations going forward?
Cboe is focused on developing innovative trading solutions and expanding its market reach to improve its trading operations.
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