CHICAGO, July 5, 2018 /PRNewswire/ -- Cboe Global
Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world's
largest exchange holding companies, today reported June monthly
trading volume and average revenue per contract (RPC)/net revenue
capture data at www.cboe.com/monthlyvolrpc.
The data sheet "Cboe Global Markets Monthly Volume & RPC/Net
Revenue Capture Report" contains an overview of June
statistics. Data sheets are available on an as reported and
combined basis for 2017.
For comparability and informational purposes, the table below
presents trading volume on a combined basis, as of January 1, 2017, to reflect information
pertaining to Bats Global Markets, Inc., which was acquired by Cboe
Global Markets, Inc. on February 28,
2017.
MONTHLY TRADING
VOLUME
|
Year-To-Date
|
|
June
|
June
|
%
|
May
|
%
|
June
|
June
|
%
|
2018
|
2017
|
Chg
|
2018
|
Chg
|
2018
|
2017
|
Chg
|
OPTIONS (contracts,
thousands)
|
Year-To-Date
|
Trading
Days
|
21
|
22
|
|
22
|
|
125
|
125
|
|
Total
Volume
|
148,155
|
151,695
|
-2.3%
|
147,634
|
0.4%
|
1,008,700
|
868,018
|
16.2%
|
Total
ADV
|
7,055
|
6,895
|
2.3%
|
6,711
|
5.1%
|
8,070
|
6,944
|
16.2%
|
FUTURES (contracts,
thousands)
|
Year-To-Date
|
Trading
Days
|
21
|
22
|
|
22
|
|
125
|
125
|
|
Total
Volume
|
5,661
|
6,885
|
-17.8%
|
5,357
|
5.7%
|
38,941
|
35,148
|
10.8%
|
Total
ADV
|
270
|
313
|
-13.9%
|
244
|
10.7%
|
312
|
281
|
10.8%
|
U.S. EQUITIES
(shares, millions)
|
Year-To-Date
|
Trading
Days
|
21
|
22
|
|
22
|
|
125
|
125
|
|
Total
Volume
|
27,028
|
30,521
|
-11.4%
|
27,551
|
-1.9%
|
172,938
|
164,366
|
5.2%
|
Total ADV
|
1,287
|
1,387
|
-7.2%
|
1,252
|
2.8%
|
1,384
|
1,315
|
5.2%
|
EUROPEAN EQUITIES (€
millions)
|
Year-To-Date
|
Trading
Days
|
21
|
22
|
|
23
|
|
127
|
128
|
|
Total Notional
Value
|
€ 228,970
|
€ 218,972
|
4.6%
|
€ 241,301
|
-5.1%
|
€
1,353,588
|
€
1,288,203
|
5.1%
|
Total ADNV
|
€ 10,903
|
€ 9,953
|
9.5%
|
€ 10,491
|
3.9%
|
€ 10,658
|
€ 10,064
|
5.9%
|
GLOBAL FX ($
millions)
|
Year-To-Date
|
Trading
Days
|
21
|
22
|
|
23
|
|
129
|
130
|
|
Total Notional
Value
|
$793,695
|
$613,966
|
29.3%
|
$940,274
|
-15.6%
|
$5,157,063
|
$3,687,928
|
39.8%
|
Total ADNV
|
$37,795
|
$27,908
|
35.4%
|
$40,881
|
-7.5%
|
$39,977
|
$28,369
|
40.9%
|
|
ADV= average daily
volume
|
ADNV= average daily
notional value
|
Second-Quarter 2018 Selected RPC Guidance
The company
currently expects average revenue per contract (RPC) for Options
for the second quarter of 2018 to be in line with the amounts noted
below for the two months ended May 31,
2018. The RPC for Futures for the second quarter is
expected to be 3% to 4% above the two-month average noted below,
reflecting a shift in the mix of trading volume in June. The
projected decrease in the Futures RPC for the second quarter of
2018 compared to the first quarter of 2018 reflects a shift in the
mix of trading volume. These expectations are estimated,
preliminary and may change. There can be no assurance that our
final RPC for the three months ended June
30, 2018, will not differ materially from these
expectations.
The following represents average RPC based on a two-month and a
three-month rolling average, reported on a one-month lag. The
average RPC represents total transaction fees for Cboe, C2, BZX,
EDGX and CFE recognized for the period divided by total contracts
traded during the period. Average transaction fees per contract can
be affected by various factors, including exchange fee rates,
volume-based discounts and transaction mix by contract type and
product type.
(In
Dollars)
|
Two-Months
Ended
|
Three-Months
Ended
|
Product:
|
May-18
|
May-18
|
Apr-18
|
Mar-18
|
Feb-18
|
Multiply-Listed
Options (Cboe, C2, BZX, EDGX)
|
$0.064
|
$0.062
|
$0.063
|
$0.061
|
$0.059
|
Index Options (Cboe
and C2)
|
$0.753
|
$0.745
|
$0.724
|
$0.710
|
$0.695
|
Total Options Average
Revenue Per Contract
|
$0.242
|
$0.246
|
$0.262
|
$0.261
|
$0.258
|
Futures
(CFE)
|
$1.503
|
$1.572
|
$1.637
|
$1.727
|
$1.754
|
About Cboe Global Markets, Inc.
Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE) is one of
the world's largest exchange holding companies, offering
cutting-edge trading and investment solutions to investors around
the world. The company is committed to relentless innovation,
connecting global markets with world-class technology, and
providing seamless solutions that enhance the customer
experience.
Cboe offers trading across a diverse range of products in
multiple asset classes and geographies, including options, futures,
U.S. and European equities, exchange-traded products (ETPs), global
foreign exchange (FX) and multi-asset volatility products based on
the Cboe Volatility Index (VIX Index), the world's barometer for
equity market volatility.
Cboe's trading venues include the largest options exchange in
the U.S. and the largest stock exchange by value traded in
Europe. In addition, the company is the second-largest stock
exchange operator in the U.S. and a leading market globally for ETP
trading.
The company is headquartered in Chicago with offices in Kansas City, New
York, London, San Francisco, Singapore, Hong
Kong and Quito,
Ecuador. For more information, visit www.cboe.com.
|
Media
Contacts
|
|
|
Analyst
Contact
|
|
|
|
|
|
Suzanne
Cosgrove
|
Hannah
Randall
|
Stacie
Fleming
|
|
Debbie
Koopman
|
+1-312-786-7123
|
+1-646-856-8809
|
+44-20-7012-8950
|
|
+1-312-786-7136
|
cosgrove@cboe.com
|
hrandall@cboe.com
|
sfleming@cboe.com
|
|
koopman@cboe.com
|
|
|
|
|
|
|
CBOE-V
Cboe®, Cboe Volatility Index®, and VIX® are registered
trademarks and Cboe Global MarketsSM is a service mark
of Cboe Exchange, Inc. All other trademarks and service marks
are the property of their respective owners.
Cautionary Statements Regarding Forward-Looking
Information
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995
that involve a number of risks and uncertainties. You can identify
these statements by forward-looking words such as "may," "might,"
"should," "expect," "plan," "anticipate," "believe," "estimate,"
"predict," "potential" or "continue," and the negative of these
terms and other comparable terminology. All statements that reflect
our expectations, assumptions or projections about the future other
than statements of historical fact are forward-looking statements.
These forward-looking statements, which are subject to known and
unknown risks, uncertainties and assumptions about us, may include
projections of our future financial performance based on our growth
strategies and anticipated trends in our business. These statements
are only predictions based on our current expectations and
projections about future events. There are important factors that
could cause our actual results, level of activity, performance or
achievements to differ materially from those expressed or implied
by the forward-looking statements.
We operate in a very competitive and rapidly changing
environment. New risks and uncertainties emerge from time to time,
and it is not possible to predict all risks and uncertainties, nor
can we assess the impact of all factors on our business or the
extent to which any factor, or combination of factors, may cause
actual results to differ materially from those contained in any
forward-looking statements.
Some factors that could cause actual results to differ include:
the loss of our right to exclusively list and trade certain index
options and futures products; economic, political and market
conditions; compliance with legal and regulatory obligations; price
competition and consolidation in our industry; decreases in trading
volumes, market data fees or a shift in the mix of products traded
on our exchanges; legislative or regulatory changes; increasing
competition by foreign and domestic entities; our dependence on and
exposure to risk from third parties; our index providers' ability
to maintain the quality and integrity of their indexes and to
perform under our agreements; our ability to operate our business
without violating the intellectual property rights of others and
the costs associated with protecting our intellectual property
rights; our ability to attract and retain skilled management and
other personnel, including those experienced with post-acquisition
integration; our ability to accommodate trading volume and
transaction traffic, including significant increases, without
failure or degradation of performance of our systems; our ability
to protect our systems and communication networks from security
risks, including cyber-attacks and unauthorized disclosure of
confidential information; challenges to our use of open source
software code; our ability to meet our compliance obligations,
including managing potential conflicts between our regulatory
responsibilities and our for-profit status; damage to our
reputation; the ability of our compliance and risk management
methods to effectively monitor and manage our risks; our ability to
manage our growth and strategic acquisitions or alliances
effectively; unanticipated difficulties or expenditures relating to
the acquisition of Bats Global Markets, Inc., including, without
limitation, difficulties that result in the failure to realize
expected synergies, accretion, efficiencies and cost savings from
the acquisition within the expected time period (if at all),
whether in connection with integration, migrating trading
platforms, broadening distribution of product offerings or
otherwise; restrictions imposed by our debt obligations; our
ability to maintain an investment grade credit rating; potential
difficulties in our migration of trading platforms and our ability
to retain employees as a result of the acquisition; and the
accuracy of our estimates and expectations. More detailed
information about factors that may affect our actual results to
differ may be found in our filings with the SEC, including in our
Annual Report on Form 10-K for the year ended December 31, 2017 and other filings made from
time to time with the SEC.
We do not undertake, and we expressly disclaim, any duty to
update any forward-looking statement whether as a result of new
information, future events or otherwise, except as required by law.
Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date
hereof.
View original content with
multimedia:http://www.prnewswire.com/news-releases/cboe-global-markets-reports-june-2018-trading-volume-300676805.html
SOURCE Cboe Global Markets, Inc.