1. Cboe reported record trading volume in August 2025. 2. Average Daily Trading Volume (ADV) hit 19.2 million contracts. 3. S&P 500 options ADV reached 3.8 million contracts. 4. Zero-days-to-expiry trading set a record of 2.4 million contracts. 5. Cboe continues leading in derivatives and securities markets.
The significant rise in trading volume and records indicates strong market confidence and demand for CBOE products, notable for future revenue impacts.
High trading volume suggests potential revenue growth for CBOE, thus attracting investor interest.
Increased trading volume directly correlates with immediate revenue growth, enhancing CBOE's stock price potential.
CHICAGO, Sept. 4, 2025 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today reported August monthly trading volume statistics across its global business lines.
The data sheet "Cboe Global Markets Monthly Volume & RPC/Net Revenue Capture Report" contains an overview of certain August trading statistics and market share by business segment, volume in select index products, and RPC/net capture, which is reported on a one-month lag, across business lines.
Average Daily Trading Volume (ADV) by Month | Year-To-Date | |||||||
Aug 2025 | Aug 2024 | % Chg | Jul | % | Aug 2025 | Aug 2024 | % | |
Multiply-listed options (contracts, k) | 14,325 | 10,344 | 38.5 % | 12,215 | 17.3 % | 13,069 | 10,603 | 23.3 % |
Index options (contracts, k) | 4,893 | 4,403 | 11.1 % | 4,469 | 9.5 % | 4,714 | 4,110 | 14.7 % |
Futures (contracts, k)1 | 218 | 318 | -31.3 % | 178 | 22.4 % | 225 | 252 | -10.4 % |
U.S. Equities - On-Exchange (matched shares, mn) | 1,646 | 1,258 | 30.8 % | 1,790 | -8.1 % | 1,767 | 1,385 | 27.6 % |
U.S. Equities - Off-Exchange (matched shares, mn) | 229 | 78 | 194.9 % | 141 | 62.8 % | 128 | 78 | 64.2 % |
Canadian Equities (matched shares, k) | 148,538 | 137,798 | 7.8 % | 150,096 | -1.0 % | 153,608 | 143,784 | 6.8 % |
European Equities (€, mn) | 10,701 | 8,472 | 26.3 % | 12,490 | -14.3 % | 13,206 | 9,513 | 38.8 % |
Cboe Clear Europe Cleared Trades (k) | 98,364 | 98,844 | -0.5 % | 122,973 | -20.0 % | 1,034,345 | 798,020 | 29.6 % |
Cboe Clear Europe Net Settlements (k) | 1,115 | 982 | 13.5 % | 1,236 | -9.8 % | 8,841 | 7,293 | 21.2 % |
Australian Equities (AUD, mn) | 1,064 | 860 | 23.6 % | 870 | 22.3 % | 907 | 777 | 16.7 % |
Global FX ($, mn) | 48,819 | 51,330 | -4.9 % | 48,514 | 0.6 % | 52,608 | 46,971 | 12.0 % |
1 In the second quarter of 2025, Digital futures products were transitioned to Cboe Futures Exchange. Futures metrics prior to the second quarter of 2025 exclude Digital futures products. |
August 2025 Trading Volume Highlights
U.S. Options
About Cboe Global Markets
Cboe Global Markets (Cboe: CBOE), the world's leading derivatives and securities exchange network, delivers cutting-edge trading, clearing and investment solutions to people around the world. Cboe provides trading solutions and products in multiple asset classes, including equities, derivatives and FX across North America, Europe and Asia Pacific. Above all, we are committed to building a trusted, inclusive global marketplace that enables people to pursue a sustainable financial future. To learn more about the Exchange for the World Stage, visit www.cboe.com.
Cboe Media Contacts | Cboe Analyst Contact | ||||
Angela Tu | Tim Cave | Kenneth Hill, CFA | |||
+1-917-985-1496 | +44 (0) 7593-506-719 | +1-312-786-7559 | |||
atu@cboe.com | tcave@cboe.com | khill@cboe.com | |||
CBOE-V
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