Cboe Global Markets Reports 70% Jump in Futures ADV during April 2021

Thursday, 06/05/2021 | 08:02 GMT by Bilal Jafar
  • Options ADV spiked 7% compared to the same period in 2020.
Cboe Global Markets Reports 70% Jump in Futures ADV during April 2021
(PRNewsfoto/Cboe Global Markets, Inc.)

Cboe Global Markets, a leading global market operator and trading solutions provider, yesterday released its trading volume for April 2021. The operator saw a jump in Futures average daily volume (ADV) and Options ADV in the last month.

According to the official numbers, Futures ADV jumped 78.3% in April 2021, compared to the same period last year. Options ADV spiked nearly 7% last month, compared to April 2020. Options ADV has been on the rise since the start of 2021. Cboe Global Markets reported an 18% spike in Options ADV of Q1 of 2021.

The operator reported a significant jump in ADV of Cboe Volatility Index (VIX) options as the total number of contracts reached 506,021, which is an increase of 52% compared to April 2020. The ADV of 23,118 contracts was reported in Mini S&P 500 Index, which is up 34% from March 2021.

“ADV in VIX futures was 186,653 contracts, up 68 percent from April 2020. ADV in Cboe iBoxx iShares High Yield Corporate Bond Index (IBHY) futures was 1,244 contracts, up 15 percent from March 2021. April 2021 volume in IBHY futures represented more than $3.8 billion in notional value,” Cboe Global Markets mentioned in the official press release.

European Equities

The operator saw a jump in European equities market share over the last month as its total market share reached 17.9% in April 2021, which has increased from 15.4% in April 2020. The latest Cboe Europe equities market share has been at the highest level since July 2020.

“Cboe's market share in Swiss securities increased from 11.4 to 13.4 percent in April and its average daily notional value (ADNV) increased from €560 million to €609 million over March 2021,” the operator added.

Cboe has expanded its product offering over the last few months. In March 2021, Cboe Global Markets announced that the operator is planning to list Bitcoin futures again amid a surge in demand from retail and institutional clients. In February 2021, Vela, an independent provider of data and execution technology for global markets, announced the addition of Cboe One Feed to its market data service SuperFeed.

Cboe Global Markets, a leading global market operator and trading solutions provider, yesterday released its trading volume for April 2021. The operator saw a jump in Futures average daily volume (ADV) and Options ADV in the last month.

According to the official numbers, Futures ADV jumped 78.3% in April 2021, compared to the same period last year. Options ADV spiked nearly 7% last month, compared to April 2020. Options ADV has been on the rise since the start of 2021. Cboe Global Markets reported an 18% spike in Options ADV of Q1 of 2021.

The operator reported a significant jump in ADV of Cboe Volatility Index (VIX) options as the total number of contracts reached 506,021, which is an increase of 52% compared to April 2020. The ADV of 23,118 contracts was reported in Mini S&P 500 Index, which is up 34% from March 2021.

“ADV in VIX futures was 186,653 contracts, up 68 percent from April 2020. ADV in Cboe iBoxx iShares High Yield Corporate Bond Index (IBHY) futures was 1,244 contracts, up 15 percent from March 2021. April 2021 volume in IBHY futures represented more than $3.8 billion in notional value,” Cboe Global Markets mentioned in the official press release.

European Equities

The operator saw a jump in European equities market share over the last month as its total market share reached 17.9% in April 2021, which has increased from 15.4% in April 2020. The latest Cboe Europe equities market share has been at the highest level since July 2020.

“Cboe's market share in Swiss securities increased from 11.4 to 13.4 percent in April and its average daily notional value (ADNV) increased from €560 million to €609 million over March 2021,” the operator added.

Cboe has expanded its product offering over the last few months. In March 2021, Cboe Global Markets announced that the operator is planning to list Bitcoin futures again amid a surge in demand from retail and institutional clients. In February 2021, Vela, an independent provider of data and execution technology for global markets, announced the addition of Cboe One Feed to its market data service SuperFeed.

About the Author: Bilal Jafar
Bilal Jafar
  • 2440 Articles
  • 81 Followers
About the Author: Bilal Jafar
Bilal Jafar holds an MBA in Finance. In a professional career of more than 8 years, Jafar covered the evolution of FX, Cryptocurrencies, and Fintech. He started his career as a financial markets analyst and worked in different positions in the global media sector. Jafar writes about diverse topics within FX, Crypto, and the financial technology market.
  • 2440 Articles
  • 81 Followers

More from the Author

Institutional FX

!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}