Cboe Global Markets Posts a Jump in Trading Activity for April

Cboe Global Markets yesterday announced its trading volume for April 2022. The month witnessed a jump in trading activity as S&P 500 Index (SPX) Weekly options set a new all-time monthly volume record with 26.9 million contracts traded. The number represented an ADV of 1.3 million contracts in April 2022.

According to the details shared by Cboe Global Markets, the total volume related to Nanos options reached almost 36,000 contracts since its launch on 14 March. On 18 April, the company launched SPX Weekly options with Tuesday expirations.

“Over 600,000 contracts were traded on Tuesday, April 26 as the first weekly contract expired. Cboe successfully launched a new Curb session beginning April 25 for trading Cboe Volatility Index (VIX) and SPX options from 4:15 pm to 5:00 pm ET, Monday – Friday. Nearly 7,000 SPX options contracts traded during the session on April 29,” Cboe Global Markets added.

The recent numbers from Cboe Global Markets came on the back of the company’s strong performance in the first quarter of 2022. The operator posted a jump of 14% in revenues during the first quarter of 2022. Adjusted diluted EPS for the first quarter came in at $1.73.

“Cboe built on the momentum seen in 2021 to deliver another quarter of record earnings to start 2022. The contribution was again balanced across our businesses,” Brian N. Schell, Cboe Global Markets Executive Vice President, Chief Financial Officer, and Treasurer, commented on Q1 2022 results.

April Volumes

During the recent month, Cboe Global Markets saw solid demand across European equities and derivatives. Cboe Europe Equities had an overall market share of 22.99% in April, the figure is the highest since November 2018.

“Cboe BIDS Europe, Cboe’s European block trading platform, had a 31% share of the LIS (large-in-scale) market, making it the largest platform of its type,” the company added.

Cboe Global Markets yesterday announced its trading volume for April 2022. The month witnessed a jump in trading activity as S&P 500 Index (SPX) Weekly options set a new all-time monthly volume record with 26.9 million contracts traded. The number represented an ADV of 1.3 million contracts in April 2022.

According to the details shared by Cboe Global Markets, the total volume related to Nanos options reached almost 36,000 contracts since its launch on 14 March. On 18 April, the company launched SPX Weekly options with Tuesday expirations.

“Over 600,000 contracts were traded on Tuesday, April 26 as the first weekly contract expired. Cboe successfully launched a new Curb session beginning April 25 for trading Cboe Volatility Index (VIX) and SPX options from 4:15 pm to 5:00 pm ET, Monday – Friday. Nearly 7,000 SPX options contracts traded during the session on April 29,” Cboe Global Markets added.

The recent numbers from Cboe Global Markets came on the back of the company’s strong performance in the first quarter of 2022. The operator posted a jump of 14% in revenues during the first quarter of 2022. Adjusted diluted EPS for the first quarter came in at $1.73.

“Cboe built on the momentum seen in 2021 to deliver another quarter of record earnings to start 2022. The contribution was again balanced across our businesses,” Brian N. Schell, Cboe Global Markets Executive Vice President, Chief Financial Officer, and Treasurer, commented on Q1 2022 results.

April Volumes

During the recent month, Cboe Global Markets saw solid demand across European equities and derivatives. Cboe Europe Equities had an overall market share of 22.99% in April, the figure is the highest since November 2018.

“Cboe BIDS Europe, Cboe’s European block trading platform, had a 31% share of the LIS (large-in-scale) market, making it the largest platform of its type,” the company added.

Source: https://www.financemagnates.com/institutional-forex/cboe-global-markets-posts-a-jump-in-trading-activity-for-april/