Cboe Reports a Jump in June’s FX Volume

Cboe Reports a Jump in June’s FX Volume

July 1, 2021

Cboe FX Markets saw a jump in the total FX volume and the average daily volume (ADV) during June 2021. According to the latest numbers posted by the exchange, the total FX volume reached $734 billion last month, which is up by more than 7% compared to $683 billion in May 2021.

The average daily volume touched $33.3 billion in June, compared to $32.5 billion in May 2021. June had a total of 22 trading days. Since April 2021, the total trading volume and the average daily volume of the exchange are on the rise.

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Cboe FX Markets started this year with a total monthly volume of approximately $700 billion and ADV of $35 billion in January. The exchange reported a jump in numbers during February and March. However, Cboe FX Markets saw a dip in April’s FX numbers. Since the drop in April this year, FX activity on the exchange has increased gradually.

Acquisition of Chi-X Asia Pacific

In addition to the release of the latest trading volumes, Cboe Global Markets also announced the completion of the acquisition of Chi-X Asia Pacific Holdings, Ltd. (Chi-X Asia Pacific), an alternative market operator and provider of innovative market solutions. Through the completion of the acquisition, the exchange can now establish a significant presence in the Asia Pacific region including Japan and Australia.

Commenting on the acquisition, Ed Tilly, Chairman, President and Chief Executive Officer at Cboe Global Markets, said: “Welcoming Chi-X Asia Pacific to the Cboe network represents an exciting milestone in Cboe’s growth story and another important step in our vision to become a truly global marketplace for our customers. The team at Chi-X Asia Pacific shares Cboe’s dedication to defining markets through innovative products, services, and trading solutions. We look forward to the opportunities ahead as we welcome the Chi-X team to the Cboe community and work together to accelerate Chi-X Asia Pacific’s further growth and extend Cboe’s global footprint.”

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