Cboe Global Markets Reports Surge in Options ADV during Q1 2021

Wednesday, 07/04/2021 | 07:14 GMT by Bilal Jafar
  • Options ADV is up by more than 18% during the first three months of 2021.
Cboe Global Markets Reports Surge in Options ADV during Q1 2021
(PRNewsfoto/Cboe Global Markets, Inc.)

Cboe, a leading market operator and trading solutions provider, yesterday announced its trading volume for March and Q1 of 2021. Options ADV jumped 18.2% during the first three months of 2021, compared to the same period last year.

According to the official announcement, US Equities Exchange Matched ADV jumped by nearly 20% in Q1 of 2021. Cboe mentioned that a total of 773 million options contracts were traded during the first quarter of 2021.

Additionally, Cboe highlighted the successful launch of trading in Mini-Russell 2000 Index options (MRUT) in March 2021. The market operator added that the total ADV in MRUT was 605 contracts during its first full month of trading.

“Total combined volume at Cboe Global Markets' four options exchanges set a new monthly volume record with 266 million contracts traded. Total options volume also set a new quarterly volume record with 773 million contracts traded in the first quarter of 2021. Average daily volume (ADV) for index options of 1.9 million increased 19 percent sequentially compared to 1.6 million in the fourth quarter of 2020,” the official announcement states.

Finance Magnates earlier reported about Cboe’s plan to list Bitcoin futures again amid huge demand from retail and institutional investors. During an interview with Bloomberg, CEO Ed Tilly said that the operator is keen on building out the entire platform.

Q1 Performance

During the latest announcement, Cboe mentioned that the revenue capture for Global FX for the first quarter of 2021 is expected to be in line with the two-month average. Furthermore, the market operator is expecting Q1 of 2021 revenue capture of Canadian Equities to be 1 to 2 percent above the two-month average.

“These expectations are estimated, preliminary, and may change. There can be no assurance that our final RPC for the three months ended March 31, 2021, will not differ materially from these expectations,” Cboe added.

Vela, an independent provider of data and Execution technology for global markets, announced in February 2021 that the company has added Cboe One Feed to its market data service SuperFeed.

Cboe, a leading market operator and trading solutions provider, yesterday announced its trading volume for March and Q1 of 2021. Options ADV jumped 18.2% during the first three months of 2021, compared to the same period last year.

According to the official announcement, US Equities Exchange Matched ADV jumped by nearly 20% in Q1 of 2021. Cboe mentioned that a total of 773 million options contracts were traded during the first quarter of 2021.

Additionally, Cboe highlighted the successful launch of trading in Mini-Russell 2000 Index options (MRUT) in March 2021. The market operator added that the total ADV in MRUT was 605 contracts during its first full month of trading.

“Total combined volume at Cboe Global Markets' four options exchanges set a new monthly volume record with 266 million contracts traded. Total options volume also set a new quarterly volume record with 773 million contracts traded in the first quarter of 2021. Average daily volume (ADV) for index options of 1.9 million increased 19 percent sequentially compared to 1.6 million in the fourth quarter of 2020,” the official announcement states.

Finance Magnates earlier reported about Cboe’s plan to list Bitcoin futures again amid huge demand from retail and institutional investors. During an interview with Bloomberg, CEO Ed Tilly said that the operator is keen on building out the entire platform.

Q1 Performance

During the latest announcement, Cboe mentioned that the revenue capture for Global FX for the first quarter of 2021 is expected to be in line with the two-month average. Furthermore, the market operator is expecting Q1 of 2021 revenue capture of Canadian Equities to be 1 to 2 percent above the two-month average.

“These expectations are estimated, preliminary, and may change. There can be no assurance that our final RPC for the three months ended March 31, 2021, will not differ materially from these expectations,” Cboe added.

Vela, an independent provider of data and Execution technology for global markets, announced in February 2021 that the company has added Cboe One Feed to its market data service SuperFeed.

About the Author: Bilal Jafar
Bilal Jafar
  • 2440 Articles
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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
  • 83 Followers

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