Updated
Updated · PR Newswire · Jun 3
Cboe Sets 22.0 Million U.S. Options ADV Record as IBHY Futures Hit $5.8 Billion
Updated
Updated · PR Newswire · Jun 3

Cboe Sets 22.0 Million U.S. Options ADV Record as IBHY Futures Hit $5.8 Billion

3 articles · Updated · PR Newswire · Jun 3

Summary

  • Cboe’s four U.S. options exchanges posted a record 22.0 million contracts in average daily volume in May, led by a record 16.0 million in multi-list options.
  • Index derivatives also stayed strong, with index options reaching the third-best monthly ADV at 6.0 million contracts and SPX Global Trading Hours setting a record 171,000-contract ADV.
  • SPX activity peaked on May 6, when the benchmark index option logged its second-highest daily volume ever at 6.5 million contracts traded.
  • In futures, IBHY high-yield corporate bond contracts traded a record $5.8 billion in notional value during May, while IEMD emerging-market bond futures set a monthly record at $230 million.
  • The figures extend Cboe’s push across equity, index and fixed-income derivatives, highlighting broad demand for risk-management products beyond its flagship options franchise.

Insights

Markets hit record highs while hedging surges. Is this a sign of resilience or a bubble about to burst?
As derivatives volumes explode, are these tools still managing risk or have they become the main source of it?
Geopolitics and AI now drive record trading. What does this fundamental shift mean for the future of investing?