Get ready for an exciting dive into the world of trading! Cboe Global Markets, the leading derivatives and securities exchange network, has just released its trading volume report for November 2025, and it's packed with fascinating insights.
A Global Trading Giant
Cboe Global Markets is a powerhouse in the world of finance, offering cutting-edge trading solutions across multiple asset classes and continents. From North America to Europe and Asia Pacific, Cboe is committed to creating a trusted and inclusive global marketplace.
November's Trading Volume Highlights
Let's dive into the key highlights from November's trading activity:
- U.S. Options: Cboe's proprietary index options suite set several volume records, including a new overall ADV record of 5.9 million contracts and a new S&P 500 Index (SPX) options ADV record of 4.6 million contracts.
- Global FX: GlobalFX set a new Cboe SEF (Swap Execution Facility) Non-Deliverable Forwards ADNV record of $3.5 billion.
But here's where it gets controversial...
Average Daily Trading Volume (ADV) by Month
The report also provides an in-depth look at the Average Daily Trading Volume (ADV) by month, comparing November 2025 to the previous year and the previous month. While some segments saw impressive growth, such as index options with a 41.4% increase, others experienced declines, like futures with a -3.8% change.
And this is the part most people miss...
The report also highlights Cboe Clear Europe's cleared trades and net settlements, which saw a -7.4% and -15.3% change, respectively, compared to the previous year.
A Word of Caution
Cboe Global Markets emphasizes that investing comes with risks and encourages market participants to undertake their own due diligence. The company also provides important disclosures and disclaimers, which can be found on their website, highlighting the risks associated with transacting in their products.
So, what do you think? Are you surprised by the trading volume records set in November? Do you find the ADV comparisons intriguing? Feel free to share your thoughts and opinions in the comments below!
Remember, investing is a serious matter, and it's always wise to stay informed and seek professional advice when needed.