Cboe Reports a Jump in June’s FX Volume
- The average daily volume (ADV) reached $33.3 billion last month.
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 Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term, 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 while May only had 21 trading days. Since April 2021, the total trading volume and the average daily volume of the exchange are on the rise.
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 of this year, FX activity on the exchange has increased gradually.
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In addition to the release of the latest trading volumes, Cboe Global Markets 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."
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 Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term, 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 while May only had 21 trading days. Since April 2021, the total trading volume and the average daily volume of the exchange are on the rise.
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 of this year, FX activity on the exchange has increased gradually.
Acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term of Chi-X Asia Pacific
In addition to the release of the latest trading volumes, Cboe Global Markets 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."