Cboe Global Markets Reports Trading Volume for March 2026

CHICAGO, April 6, 2026 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), a leading global markets operator and pioneer in equity derivatives, today reported March trading volume statistics across its global business lines and provided guidance for selected revenue per contract/net revenue capture metrics for the first quarter of 2026.

The data sheet " Cboe Global Markets Monthly Volume & RPC/Net Revenue Capture Report" contains an overview of certain March 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

Mar

2026

Mar

2025

Chg

Feb

2026

Chg

Mar

2026

Mar

2025

Chg

Multi-listed options (contracts, k)

14,203

13,529

5.0 %

13,476

5.4 %

13,940

13,412

3.9 %

Index options (contracts, k)

6,876

5,270

30.5 %

5,973

15.1 %

6,136

4,771

28.6 %

Futures (contracts, k) 1

338

285

18.4 %

276

22.1 %

283

249

13.6 %

U.S. Equities - On-Exchange (matched shares, mn)

2,048

1,617

26.6 %

1,961

4.4 %

1,963

1,642

19.6 %

U.S. Equities - Off-Exchange (matched shares, mn)

240

161.8 %

268

-10.3 %

249

175.1 %

Canadian Equities (matched shares, k)

203,135

153,961

31.9 %

204,403

-0.6 %

215,759

159,593

35.2 %

European Equities (€, mn)

18,629

16,422

13.4 %

17,963

3.7 %

17,281

13,818

25.1 %

Australian Equities (AUD, mn)

1,261

900

40.1 %

1,228

2.6 %

1,200

820

46.3 %

Global FX ($, mn)

79,865

54,784

45.8 %

63,372

26.0 %

70,418

51,926

35.6 %

Cboe Clear Europe Cleared Trades (k)

169,513

157,411

7.7 %

141,642

19.7 %

434,717

412,072

5.5 %

Cboe Clear Europe Net Settlements (k)

1,431

1,130

26.7 %

1,266

13.1 %

3,931

3,201

22.8 %

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.

March and First Quarter 2026 Trading Volume Highlights

U.S. Options

European Equities

Global FX

First-Quarter 2026 RPC/Net Revenue Capture Guidance

The projected RPC/net capture metrics for the first quarter of 2026 are estimated, preliminary and may change. There can be no assurance that our final RPC for the three months ended March 31, 2026, will not differ materially from these projections.

(In USD unless stated otherwise)

Three-Months Ended

Product

Projection

Feb-26

Jan-26

Dec-25

Multi-Listed Options (per contract)

$0.079

$0.078

$0.075

Index Options

$0.940

$0.945

$0.940

$0.938

Total Options

$0.342

$0.335

$0.326

$0.317

Futures (per contract)

$1.649

$1.682

$1.712

$1.719

U.S. Equities - Exchange (per 100 touched shares)

$0.017

$0.018

U.S. Equities - Off-Exchange (per 100 touched shares)

$0.063

$0.067

$0.065

$0.064

Canadian Equities (per 10,000 touched shares)

CAD 4.367

CAD 4.071

CAD 3.973

CAD 3.962

European Equities (per matched notional value)

0.276

0.278

0.276

0.278

Australian Equities (per matched notional value)

0.207

0.208

0.207

Global FX (per one million dollars traded)

$2.866

$2.941

$2.953

$2.945

Cboe Clear Europe Fee per Trade Cleared

€ 0.009

€ 0.010

Cboe Clear Europe Net Fee per Settlement

€ 1.061

€ 1.100

€ 1.103

€ 1.113

The above represents average revenue per contract (RPC) or net capture is based on a three-month rolling average, reported on a one-month lag. 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.

***

About Cboe Global Markets

Cboe Global Markets (Cboe: CBOE) is a leading global markets operator with a long history of innovation in equity derivatives. Since launching the world's first listed options exchange in 1973, Cboe has pioneered landmark products, including the introduction of S&P 500® index options and the creation of the VIX® Index, the world's leading gauge of market volatility, reshaping how investors manage risk and access opportunity. Today, Cboe operates derivatives, equities, and FX markets, providing trading, clearing, and investment solutions for customers worldwide. To learn more, visit www.cboe.com.

Cboe Media Contacts

Cboe Analyst Contact

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Tim Cave

Kenneth Hill, CFA

+1-646-856-8734

+44 (0) 7593-506-719

+1-312-786-7559

[email protected]

CBOE-V

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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 and new products and services competition and consolidation in our industry; decreases in trading or clearing volumes, market data fees or a shift in the mix of products traded on our exchanges; legislative or regulatory changes or changes in tax regimes; our ability to protect our systems and communication networks from security vulnerabilities and breaches; our ability to attract and retain skilled management and other personnel; increasing competition by foreign and domestic entities; our business and operational dependence on and exposure to risk from third parties; factors that impact the quality and integrity of our and other applicable indices; our ability to manage our global operations, growth, and strategic acquisitions, wind downs, divestitures, or alliances effectively; increases in the cost of the products and services we use; 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 minimize the risks, including our credit, liquidity, market, investment, counterparty, and default risks, associated with operating our clearinghouses; our ability to accommodate trading and clearing volume and transaction traffic, including significant increases, without failure or degradation of performance of our systems; misconduct by those who use our markets or our products or for whom we clear transactions; challenges to our use of open source software code; our ability to meet our compliance obligations, including managing our business interests and our regulatory responsibilities; the loss of key customers or a significant reduction in trading or clearing volumes by key customers; damage to our reputation; the ability of our compliance and risk management methods to effectively monitor and manage our risks; restrictions imposed by our debt obligations and our ability to make payments on or refinance our debt obligations; our ability to maintain an investment grade credit rating; impairment of our goodwill, long-lived assets, investments or intangible assets; the accuracy of our estimates and expectations; and litigation risks and other liabilities. 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, 2025 and other filings made from time to time with the SEC.

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SOURCE Cboe Global Markets, Inc.