Cboe Records 22 Million May Options ADV and $5.8B IBHY Futures Volume
CBOE•Cboe Global Markets reported record May ADV of 22.0 million options contracts, with multi-listed options up 25.7% year-over-year to 15.97 million contracts and index options up 38.8% to 6.01 million. IBHY futures notional volume set a monthly high of $5.8 billion.
1. Strong ADV Gains Across Business Lines
Cboe’s ADV in multi-listed options rose 25.7% year-over-year to 15.97 million contracts in May, while index options ADV jumped 38.8% to 6.01 million. U.S. equities on-exchange ADV increased 5.2% to 1.877 billion shares and off-exchange volumes climbed 89.4% to 242 million shares.
2. Record Monthly Option Volume
Cboe's four options exchanges set a combined monthly ADV record of 22.0 million contracts, led by multi-listed options and achieving the third-highest index options ADV at 6.0 million contracts. SPX options hit a record 171 thousand ADV during Global Trading Hours, and SPX saw 6.5 million contracts traded on May 6.
3. Futures Market Milestones
IBHY futures notional volume reached a monthly record $5.8 billion in May, while IEMD futures set a new monthly high at $230 million. Overall futures ADV hit 255 thousand contracts, up 4.3% year-over-year.
