Cboe FX sees spot FX ADV of $43.9 billion in Q1

Cboe Global Markets, Inc. has released its financial results for March. The global market infrastructure set new volume records last months and in the first quarter of the year.

Total volume across Cboe’s four options exchanges in March registered a new monthly high of 337.2 million contracts, and a achieved a new daily high of 22.5 million contracts on 10 March 2023.

Additionally, S&P 500 Index options set multiple new volume records for the month and quarter. For the first quarter, the exchange saw a record ADV of 2.8 million contracts and a new monthly total volume record of 66.1 million contracts. Nanos options recorded their highest monthly ADV, with 4,100 contracts traded per day in March.

Cboe

Cboe European Derivatives Exchange (CEDX) in turn reported 6,574 contracts last month, surpassing the previous record of 3,824 contracts in January 2023. The company’s pan-European clearing house, Cboe Clear Europe, cleared a record 8 million trades on Euronext’s stock exchanges in Amsterdam, Brussels, Paris, Lisbon, and Milan under the preferred clearing model.

Cboe FX

According to the figures, Cboe FX saw spot FX quarterly ADNV of $43.9 billion during the first quarter. Spot full amount quarterly ADNV reached $13.9 billion, and Non-Deliverable Forwards (NDF) quarterly ADV of $1.1 billion.

In March, ADV for FX grew by 9.1% on yearly basis a by15.3% compared to the previous month.

In the end of month, Cboe Australia announced completing technology migration and launching Cboe BIDS Australia.

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