Cboe Global Markets, Inc. (Cboe), a leading provider of global market infrastructure and tradable products, has released monthly trading statistics for May 2023 for its global business lines. Its average daily turnover of global currency pairs (ADTV) was $41.81 billion, up 3.3% from $40.46 billion in the same period last year and 3.0% from $40.60 billion in the previous month, the data showed.

May 2023 trading performance

American option

Average daily volume in the Cboe Proprietary Products Index series totaled 3.6 million contracts, the second-highest level ever.

Cboe Volatility Index® (VIX®) options and Standard & Poor's 500 Index (SPX) options had the second highest daily volume of the year, with 770,000 contracts and 2.7 million contracts traded daily, respectively.

European stocks

Cboe's European block trading platform, Cboe BIDS Europe, held a record 36.6% share of the LIS (large) market during the month. (Credit: Big xyt)

Cboe's pan-European clearing house, Cboe Clear Europe, completed 130 trades on Euronext Milan in its preferred clearing mode, a new record, surpassing the previous high of 500,000 trades set in April 2023.

Australian equities

The average daily turnover of Australian stocks was A $655 million, down 21.6% from A $836 million in the same period last year and 7.4% from A $708 million in the previous month.

Japanese stock

Average daily turnover of Japanese stocks reached Y226bn, up 103.4 per cent from Y111bn in the same period last year and 36.4 per cent from Y166bn in the previous month.