Cboe Global Markets Reports Trading Volume for August 2025
Cboe Global Markets (CBOE) has reported its August 2025 trading volume statistics, marking significant growth across multiple business segments. The company achieved an all-time high U.S. Options ADV of 19.2 million contracts in August.
Key highlights include a record multi-listed options ADV of 14.3 million contracts, representing a 38.5% increase year-over-year. The S&P 500 Index (SPX) options reached their second-highest monthly ADV at 3.8 million contracts, with zero-days-to-expiry (0DTE) trading hitting a record 2.4 million contracts ADV.
Notable year-over-year increases were seen in U.S. Equities off-exchange trading (+194.9%), European Equities (+26.3%), and Australian Equities (+23.6%). However, some segments showed declines, including Futures (-31.3%) and Global FX (-4.9%).
Cboe Global Markets (CBOE) ha comunicato i volumi di negoziazione di agosto 2025, registrando una crescita significativa in pi霉 segmenti di attivit脿. La societ脿 ha raggiunto un record storico di ADV sulle opzioni statunitensi pari a 19,2 milioni di contratti in agosto.
I punti salienti includono un record di ADV per opzioni multi-listed di 14,3 milioni di contratti, in aumento del 38,5% rispetto all鈥檃nno precedente. Le opzioni sull鈥橲&P 500 Index (SPX) hanno raggiunto il loro secondo ADV mensile pi霉 alto a 3,8 milioni di contratti, con il trading a zero-days-to-expiry (0DTE) che ha toccato un record di 2,4 milioni di contratti ADV.
Incrementi anno su anno rilevanti si sono registrati nel trading fuori mercato delle azioni USA (+194,9%), nelle azioni europee (+26,3%) e in quelle australiane (+23,6%). Tuttavia, alcuni segmenti hanno segnato cali, tra cui i futures (-31,3%) e il mercato globale FX (-4,9%).
Cboe Global Markets (CBOE) anunci贸 sus estad铆sticas de volumen de negociaci贸n de agosto de 2025, mostrando un crecimiento significativo en varios segmentos de negocio. La compa帽铆a alcanz贸 un r茅cord hist贸rico de ADV de Opciones en EE. UU. de 19,2 millones de contratos en agosto.
Los puntos destacados incluyen un r茅cord de ADV de opciones multi-listadas de 14,3 millones de contratos, un aumento del 38,5% interanual. Las opciones sobre el S&P 500 Index (SPX) registraron su segundo ADV mensual m谩s alto con 3,8 millones de contratos, y el trading con cero d铆as para expirar (0DTE) alcanz贸 un r茅cord de 2,4 millones de contratos ADV.
Se observaron notables incrementos interanuales en el trading extraburs谩til de acciones estadounidenses (+194,9%), acciones europeas (+26,3%) y acciones australianas (+23,6%). Sin embargo, algunos segmentos mostraron descensos, incluidos los futuros (-31,3%) y el FX global (-4,9%).
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欤检殧 雮挫毄鞙茧電� 氅�韹办儊鞛� 鞓奠厴 ADV 靷儊 斓滊寑旃橃澑 1,430毵� 瓿勳暯鞙茧 鞝勲厔 雽�牍� 38.5% 歃濌皜頃� 鞝愳澊 韽暔霅╇媹雼�. S&P 500 歆�靾�(SPX) 鞓奠厴鞚� 鞗旉皠 ADV 旮办 霊� 氩堨Ц搿� 雴掛潃 380毵� 瓿勳暯鞚� 旮半頄堨溂氅�, 毵岅赴鞚� 0鞚� 瓯半灅(0DTE)電� ADV 240毵� 瓿勳暯鞙茧 靷儊 斓滉碃旃橂ゼ 彀嶌棃鞀惦媹雼�.
鞐瓣皠 旮办鞙茧 氙戈淡 欤检嫕 鞛レ櫢瓯半灅(+194.9%), 鞙犽熃 欤检嫕(+26.3%), 順胳＜ 欤检嫕(+23.6%)鞐愳劀 雸堨棎 霛勲姅 歃濌皜臧� 鞛堨棃鞀惦媹雼�. 氚橂┐ 靹犽(-31.3%)瓿� 旮�搿滊矊 FX(-4.9%) 霌� 鞚茧秬 攵�氍胳潃 頃橂澖頄堨姷雼堧嫟.
Cboe Global Markets (CBOE) a publi茅 ses statistiques de volume de n茅gociation d'ao没t 2025, affichant une croissance significative dans plusieurs segments d'activit茅. La soci茅t茅 a atteint en ao没t un record historique d'ADV des options am茅ricaines de 19,2 millions de contrats.
Parmi les points marquants figurent un record d'ADV pour les options multi-list茅es de 14,3 millions de contrats, soit une hausse de 38,5% en glissement annuel. Les options sur l'indice S&P 500 (SPX) ont atteint leur deuxi猫me ADV mensuel le plus 茅lev茅 脿 3,8 millions de contrats, le trading 脿 z茅ro jour avant expiration (0DTE) ayant battu un record 脿 2,4 millions de contrats ADV.
Des augmentations annuelles notables ont 茅t茅 observ茅es dans le trading hors bourse des actions am茅ricaines (+194,9%), les actions europ茅ennes (+26,3%) et les actions australiennes (+23,6%). Cependant, certains segments ont recul茅, notamment les contrats 脿 terme (-31,3%) et le FX global (-4,9%).
Cboe Global Markets (CBOE) hat seine Handelsvolumendaten f眉r August 2025 ver枚ffentlicht und verzeichnet in mehreren Gesch盲ftsbereichen deutliches Wachstum. Das Unternehmen erreichte im August ein Allzeithoch beim U.S. Options-ADV von 19,2 Millionen Kontrakten.
Zu den Highlights geh枚rt ein Rekord-ADV f眉r multi-gelistete Optionen von 14,3 Millionen Kontrakten, was einem Anstieg von 38,5% gegen眉ber dem Vorjahr entspricht. Optionen auf den S&P 500 Index (SPX) erreichten ihr zweit-h枚chstes monatliches ADV mit 3,8 Millionen Kontrakten, wobei der Handel mit null Tagen bis zum Verfall (0DTE) ein Rekord-ADV von 2,4 Millionen Kontrakten verzeichnete.
Bedeutende j盲hrliche Zuw盲chse gab es beim au脽erb枚rslichen Handel mit US-Aktien (+194,9%), bei europ盲ischen Aktien (+26,3%) und australischen Aktien (+23,6%). Einige Segmente zeigten jedoch R眉ckg盲nge, darunter Futures (-31,3%) und Global FX (-4,9%).
- Record U.S. Options ADV of 19.2 million contracts in August
- Multi-listed options ADV increased 38.5% year-over-year to 14.3 million contracts
- Off-exchange U.S. Equities trading volume surged 194.9% year-over-year
- European Equities trading volume grew 26.3% compared to August 2024
- SPX options achieved second-best monthly ADV with 3.8 million contracts
- Futures trading volume declined 31.3% year-over-year
- Global FX trading volume decreased 4.9% compared to August 2024
- European Equities volume dropped 14.3% month-over-month
- Cboe Clear Europe Cleared Trades decreased 20% from July 2025
Insights
Cboe posts record options volume in August 2025 with mixed performance across business segments, highlighting strong derivatives growth.
Cboe Global Markets' August 2025 trading statistics reveal exceptional growth in options trading, with total U.S. options average daily volume (ADV) reaching an all-time high of 19.2 million contracts. The multiply-listed options segment was particularly impressive, posting a record 14.3 million contracts, representing a 38.5% increase from the previous year and a 17.3% jump from July 2025.
Index options also performed strongly with 4.9 million contracts daily, up 11.1% year-over-year and 9.5% month-over-month. S&P 500 Index options specifically showed remarkable activity at 3.8 million contracts daily, making August the second-best month in Cboe's history for this product. Zero-days-to-expiry (0DTE) options trading continues to gain tremendous traction, reaching a record 2.4 million contracts daily.
The equities business demonstrated mixed results. U.S. on-exchange equities volume grew 30.8% year-over-year but declined 8.1% from July. Off-exchange equities trading showed dramatic growth, up 194.9% year-over-year. European equities trading increased 26.3% compared to last year but fell 14.3% from July.
Not all segments showed positive momentum. Futures trading volume decreased 31.3% year-over-year despite improving 22.4% from July. Global FX also recorded a 4.9% decline compared to August 2024.
These results reinforce Cboe's strengthening position in the derivatives market, particularly in options trading, while showing more variable performance in other segments. The explosive growth in 0DTE options trading suggests evolving trader preferences toward shorter-term contracts, potentially indicating higher market volatility or increased speculative activity.
The data sheet "" 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 | 听 % 听 | Aug 2025 | Aug 2024 | 听 % 听 | |
Multiply-listed options (contracts, k) | 14,325 | 10,344 | 38.5听% | 12,215 | 17.3听% | 13,069 | 10,603 | 23.3听% |
Index options (contracts, k) | 4,893 | 4,403 | 11.1听% | 4,469 | 9.5听% | 4,714 | 4,110 | 14.7听% |
Futures (contracts, k)1 | 218 | 318 | -31.3听% | 178 | 22.4听% | 225 | 252 | -10.4听% |
1,646 | 1,258 | 30.8听% | 1,790 | -8.1听% | 1,767 | 1,385 | 27.6听% | |
229 | 78 | 194.9听% | 141 | 62.8听% | 128 | 78 | 64.2听% | |
Canadian Equities (matched shares, k) | 148,538 | 137,798 | 7.8听% | 150,096 | -1.0听% | 153,608 | 143,784 | 6.8听% |
European Equities (鈧�, mn) | 10,701 | 8,472 | 26.3听% | 12,490 | -14.3听% | 13,206 | 9,513 | 38.8听% |
Cboe Clear Europe Cleared Trades (k) | 98,364 | 98,844 | -0.5听% | 122,973 | -20.0听% | 1,034,345 | 798,020 | 29.6听% |
Cboe Clear Europe Net Settlements (k) | 1,115 | 982 | 13.5听% | 1,236 | -9.8听% | 8,841 | 7,293 | 21.2听% |
Australian Equities (AUD, mn) | 1,064 | 860 | 23.6听% | 870 | 22.3听% | 907 | 777 | 16.7听% |
Global FX ($, mn) | 48,819 | 51,330 | -4.9听% | 48,514 | 0.6听% | 52,608 | 46,971 | 12.0听% |
1听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 听听
- ADV in August across Cboe's four
U.S. options exchanges was an all-time high of 19.2 million contracts, driven by:- Record multi-listed options听ADV of 14.3 million contracts, surpassing the ADV record of 13.6 million contracts set in February.
- S&P 500 Index (SPX) options ADV of 3.8 million contracts, the second-best month all time, with zero-days-to-expiry (0DTE) trading representing a record ADV of 2.4 million contracts.
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
Cboe Media Contacts | Cboe Analyst Contact | ||||
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