Cboe Global Markets, Inc., one of the world’s largest exchange holding companies, announced its February monthly trading metrics, revealing new all-time records.
Cboe FX, formerly known as Hotspot, reported spot ADV of $44.2 billion in February, +3.8% higher than its previous record of $42.6 billion ADV set in January 2018. The company FX’s London matching engine reached a record ADV of $9.4 billion in February, up from January 2018’s record ADV of $9.1 billion.
Cboe Options Exchange printed a new monthly Average Daily Volume (ADV) record 6.85 million contracts, surpassing the previous record of 6.57 million contracts in May 2010.
Moreover, trading of options on the Cboe Volatility Index at Cboe Options Exchange set a new ADV record in February – for the second consecutive month – with 1.56 million contracts, surpassing the previous record of 996,179 contracts from January 2018.
S&P 500 (SPX) options ADV of 1.82 million contracts also reached a new high, up from the previous January 2018 record of 1.55 million contracts.
It is worth noting that the Cboe Markets’ metrics reflect information pertaining to Bats Global Markets, Inc., which was acquired by Cboe Global Markets, Inc. on February 28, 2017. The company reported a jump of 86 percent in revenue during the Q4 to $256.6 million compared to $143 million in Q4 2016.
The significant improvement in revenue figures was mostly contributed by the newly acquired Bats Global Markets, Inc in February 2017 for $3.2 billion. The CBOE’s organic net revenue growth during the quarter excluding the Bats Global’s contribution was at $154.1 million, a growth of 8 percent or $11.1 million. One year after the acquisition, CBOE announced the successful migration of its Future Exchange to Proprietary BATS Technology.
The Cboe Periodic Auctions book, operated by Cboe Europe Equities, reported another record month of volume, with ADNV of €353 million traded in February, a 19 percent increase over January ADNV of €296 million.
At Cboe Futures Exchange (CFE), VIX futures ADV of 475,887 contracts in February was a new record, surpassing the previous high of 398,256 contracts in August 2017.
Another all-time high at was reached by Cboe Futures Exchange (CFE) total volume, at 9.18 million contracts in February, topping the 9.17 million contracts in August 2017. CFE’s ADV of 482,969 contracts was also a new record, surpassing the 398,256 contracts in August 2017.
The exchange experienced consecutive single-day record volume of 1.35 million and 1.47 million on February 5 and 6, respectively,