Cboe Global Markets, Inc. (Cboe), a leading provider of global market infrastructure and tradable products, has released monthly trading statistics for February 2023 across its global business lines. The data show that the average daily turnover of its global currency pair was $42.991 billion, an increase of 2.3% compared to $42.037 billion in January and a slight increase of 0.2% compared to $42.929 billion in February 2022.

February 2023 trading highlights

American option

On February 2, 2023, a total of 22.1 million contracts were traded on Cboe's four options exchanges, setting a new single-day volume record, surpassing the previous single-day volume record of 21.1 million contracts set on September 23, 2022.

Cboe Volatility Index® (VIX®) options contract volume totaled 13.3 million contracts with an average daily volume of 698,000 contracts, the highest level since March 2022.

European equities and derivatives

Cboe European equities had an overall market share of 24.8 percent in February, making Cboe the largest stock exchange in Europe by market share.

Cboe's European block trading platform, Cboe BIDS Europe, captured 36.3 percent of the LIS (large) market that month, a record high, and was the largest platform of its kind for 11 consecutive months (source: Big xyt).

Global currency pair

CboeSEF (swap execution agency) recorded a record monthly average turnover of $1.03 billion.

Japanese stock

Cboe Japan's open market share reached 5.2 percent for the month, a record high.