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Cboe Global FX reports 18% MoM rise in March



Exchange holding company Cboe Global Markets, Inc. reported its March 2021 monthly metrics with gains in some sections of the market compared to February 2021.

European Equities ADNV was up 9% MoM in March and the total notional value grew 25.6% MoM compared to the previous month.

Global FX ADNV increased 3% over February 2021 to $ 38,462 million in March and the total notional value rose 18.4% MoM.

The revenue capture for Global FX for the first quarter of 2021 is expected to be in line with the two-month average.

Options ADV was down almost 12% MoM compared to the previous month but the total volume grew almost 7% MoM with 266 million contracts.

Cboe Global Markets

The announcement said:

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.

U.S. Equities – Exchange Matched ADV fell 11% MoM but the total volume was up 7.5%.

The exchange holding company stated that its expectations for the revenue capture for Global FX for the first quarter of 2021 is to be in line with the two-month average. Cboe said that those expectations are still preliminary and there can be no assurance.

Cboe recently announced its definitive agreement to acquire Chi-X Asia Pacific Holdings, Ltd., an alternative market operator and provider of market solutions, from J.C. Flowers & Co. LLC.

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Cboe Global FX reports 18% MoM rise in March

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