Technology

Cboe Global Markets Reports Trading Volume for June 2024

Published

2 years ago

July 3, 2024

CHICAGO, July 3, 2024 /PRNewswire/ — Cboe Global Markets, Inc. (Cboe: CBOE), the world’s leading derivatives and securities exchange network, today reported June 2024 trading volume statistics across its global business lines and provided guidance for selected revenue per contract/net revenue capture metrics for the second quarter of 2024.

The data sheet “Cboe Global Markets Monthly Volume & RPC/Net Revenue Capture Report” contains an overview of certain June 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

Jun
2024

Jun
2023

%
Chg

May
2024

%
Chg

Jun
2024

Jun
2023

%
Chg

Multiply-listed options (contracts, k)

11,002

11,467

-4.0 %

9,962

10.4 %

10,553

10,842

-2.7 %

Index options (contracts, k)

3,913

3,917

-0.1 %

3,776

3.6 %

4,052

3,639

11.3 %

Futures (contracts, k)

235.1

198

18.8 %

214

10.0 %

237

215

10.4 %

U.S. Equities – On-Exchange (matched shares, mn)

1,293

1,366

-5.4 %

1,424

-9.2 %

1,426

1,435

-0.6 %

U.S. Equities – Off-Exchange (matched shares, mn)1

-5.4 %

-7.4 %

-6.8 %

Canadian Equities (matched shares, k)

154,818

120,591

28.4 %

140,175

10.4 %

148,479

137,531

8.0 %

European Equities (€, mn)

9,678

8,730

10.9 %

8,634

12.1 %

9,744

10,314

-5.5 %

Cboe Clear Europe Cleared Trades2 (k)

95,010

90,994

4.4 %

96,641

-1.7 %

593,345

634,938

-6.6 %

Cboe Clear Europe Net Settlements2 (k)

875

844

3.7 %

953

-8.2 %

5,289

5,064

4.4 %

Australian Equities (AUD, mn)

792

688

15.1 %

737

7.4 %

763

719

6.2 %

Japanese Equities (JPY, bn)

296

164

80.6 %

333

-11.1 %

316

184

71.7 %

Global FX ($, mn)

48,651

44,834

8.5 %

43,351

12.2 %

46,475

43,726

6.3 %

1 U.S. Equities – Off-Exchange ATS Block metrics restated to incorporate a tier of sell-side activity from July 2023 and forward, previously excluded from reporting.

2 Cboe Clear Europe figures are totals (not ADV) for the months and years-to-date. As of April 2023, data has been restated to reflect both On-Book and Off-Book cleared trades.

June and Second Quarter 2024 Trading Volume Highlights

Cboe Europe

Cboe Clear Europe achieved a monthly market share record of 47% on venues that support interoperable clearing arrangements, beating the previous high of 46% set in April 2024.

Global FX

Global FX reported a new quarterly Spot average daily notional value (ADNV) record of $47.7 billion.

Cboe Japan

Cboe Japan achieved a new quarterly lit market share record of 5.5%, its second consecutive quarter with record market share.

Second-Quarter 2024 RPC/Net Revenue Capture Guidance
The projected RPC/net capture metrics for the second quarter of 2024 are estimated, preliminary and may change. There can be no assurance that our final RPC for the three months ended June 30, 2024, will not differ materially from these projections.

(In USD unless stated otherwise)

Three-Months Ended

Product:

2Q Projection

May-24

Apr-24

Mar-24

Multiply-Listed Options (per contract)

$0.063

$0.064

$0.065

$0.064

Index Options

$0.896

$0.902

$0.911

$0.915

Total Options

$0.295

$0.302

$0.304

$0.299

Futures (per contract)

$1.750

$1.746

$1.741

$1.749

U.S. Equities – Exchange (per 100 touched shares)

$0.026

$0.022

$0.019

U.S. Equities – Off-Exchange (per 100 touched shares)

$0.134

$0.131

$0.133

$0.132

Canadian Equities (per 10,000 touched shares)

CAD 4.060

CAD 4.046

CAD 4.006

CAD 3.997

European Equities (per matched notional value)

0.250

0.249

0.246

0.249

Australian Equities (per matched notional value)

0.158

0.156

0.142

Japanese Equities (per matched notional value)

0.229

0.232

0.220

0.227

Global FX (per one million dollars traded)

$2.705

$2.677

$2.650

$2.622

Cboe Clear Europe Fee per Trade Cleared

€ 0.008

Cboe Clear Europe Net Fee per Settlement

€ 1.060

€ 1.042

€ 1.069

€ 1.072

The above represents average revenue per contract (RPC) or net capture is based on a three-month rolling average, reported on a one-month lag. Average transaction fees per contract can be affected by various factors, including exchange fee rates, volume-based discounts and transaction mix by contract type and product type.

For Options and Futures, the average RPC represents total net transaction fees recognized for the period divided by total contracts traded during the period for options exchanges: BZX Options, Cboe Options, C2 Options and EDGX Options; futures include contracts traded on Cboe Futures Exchange, LLC (CFE).For U.S. Equities, “net capture per 100 touched shares” refers to transaction fees less liquidity payments and routing and clearing costs divided by the product of one-hundredth ADV of touched shares on BZX, BYX, EDGX and EDGA and the number of trading days for the period.For U.S. Equities – Off-Exchange, “net capture per 100 touched shares” refers to transaction fees less OMS/EMS costs and clearing costs divided by the product of one-hundredth ADV of touched shares on BIDS Trading and the number of trading days for the period.For Canadian Equities, “net capture per 10,000 touched shares” refers to transaction fees divided by the product of one-ten thousandth ADV of shares for Cboe Canada and the number of trading days for the period and includes revenue.For European Equities, “net capture per matched notional value” refers to transaction fees less liquidity payments in British pounds divided by the product of ADNV in British pounds of shares matched on Cboe Europe Equities and the number of trading days.For Australian Equities, “net capture per matched notional value” refers to transaction fees less trading fee relief in Australian Dollars divided by the product of ADNV in Australian Dollars of shares matched on Cboe Australia and the number of trading days.For Japanese Equities, “net capture per matched notional value” refers to transaction fees less liquidity payments in Japanese Yen divided by the product of ADNV in Japanese Yen of shares matched on Cboe Japan and the number of trading days.For Global FX, “net capture per one million dollars traded” refers to transaction fees less liquidity payments, if any, divided by the Spot and SEF products of one-thousandth of ADNV traded on the Cboe FX Markets and the number of trading days, divided by two, which represents the buyer and seller that are both charged on the transaction.For Cboe Clear Europe, “Fee per Trade Cleared” refers to clearing fees divided by number of non-interoperable trades cleared and “Net Fee per Settlement” refers to settlement fees less direct costs incurred to settle divided by the number of settlements executed after netting.

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, FX, and digital assets, across North America, Europe and Asia Pacific. Above all, we are committed to building a trusted, inclusive global marketplace that enables people to pursue a sustainable financial future. To learn more about the Exchange for the World Stage, visit www.cboe.com.

Cboe Media Contacts

Cboe Analyst Contact

Angela Tu

Tim Cave

Kenneth Hill, CFA

+1-646-856-8734

+44 (0) 7593-506-719

+1-312-786-7559

atu@cboe.com

tcave@cboe.com

khill@cboe.com

CBOE-V

Cboe®, Cboe Global Markets®, Cboe Clear®, and CFE® are registered trademarks of Cboe Exchange, Inc. or its affiliates. All other trademarks and service marks are the property of their respective owners.

Cautionary Statements Regarding Forward-Looking Information
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. You can identify these statements by forward-looking words such as “may,” “might,” “should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential” or “continue,” and the negative of these terms and other comparable terminology. All statements that reflect our expectations, assumptions or projections about the future other than statements of historical fact are forward-looking statements. These forward-looking statements, which are subject to known and unknown risks, uncertainties and assumptions about us, may include projections of our future financial performance based on our growth strategies and anticipated trends in our business. These statements are only predictions based on our current expectations and projections about future events. There are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from those expressed or implied by the forward-looking statements.

We operate in a very competitive and rapidly changing environment. New risks and uncertainties emerge from time to time, and it is not possible to predict all risks and uncertainties, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.

Some factors that could cause actual results to differ include: the loss of our right to exclusively list and trade certain index options and futures products; economic, political and market conditions; compliance with legal and regulatory obligations; price competition and consolidation in our industry; decreases in trading or clearing volumes, market data fees or a shift in the mix of products traded on our exchanges; legislative or regulatory changes or changes in tax regimes; our ability to protect our systems and communication networks from security vulnerabilities and breaches; our ability to attract and retain skilled management and other personnel; increasing competition by foreign and domestic entities; our dependence on and exposure to risk from third parties; global expansion of operations; factors that impact the quality and integrity of our and other applicable indices; our ability to manage our growth and strategic acquisitions or alliances effectively; our ability to operate our business without violating the intellectual property rights of others and the costs associated with protecting our intellectual property rights; our ability to minimize the risks, including our credit, counterparty, investment, and default risks, associated with operating a European clearinghouse; our ability to accommodate trading and clearing volume and transaction traffic, including significant increases, without failure or degradation of performance of our systems; misconduct by those who use our markets or our products or for whom we clear transactions; challenges to our use of open source software code; our ability to meet our compliance obligations, including managing potential conflicts between our regulatory responsibilities and our for-profit status; our ability to maintain BIDS Trading as an independently managed and operated trading venue, separate from and not integrated with our registered national securities exchanges; damage to our reputation; the ability of our compliance and risk management methods to effectively monitor and manage our risks; restrictions imposed by our debt obligations and our ability to make payments on or refinance our debt obligations; our ability to maintain an investment grade credit rating; impairment of our goodwill, long-lived assets, investments or intangible assets; the impacts of pandemics; the accuracy of our estimates and expectations; litigation risks and other liabilities; and risks relating to digital assets, including winding down the Cboe Digital spot crypto market, operating a digital assets futures clearinghouse, cybercrime, changes in digital asset regulation, and fluctuations in digital asset prices. More detailed information about factors that may affect our actual results to differ may be found in our filings with the SEC, including in our Annual Report on Form 10-K for the year ended December 31, 2023 and other filings made from time to time with the SEC.

We do not undertake, and we expressly disclaim, any duty to update any forward-looking statement whether as a result of new information, future events or otherwise, except as required by law. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.

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SOURCE Cboe Global Markets, Inc.

Technology

Threekit Launches AI Sales Agent for Manufacturers

Published

30 minutes ago

June 18, 2026

The Threekit Sales Agent helps sellers who are overwhelmed with the complexity of selling manufactured products. It gets sellers to a proposal in seconds rather than hours and works with existing CPQ, B2B commerce, and ERP systems.

CHICAGO, June 18, 2026 /PRNewswire/ — Threekit today announced the Threekit Sales Agent, built on its new native AI platform. The Agent makes guided selling effortless by digesting a wide variety of customer requirements and recommending valid configured solutions instantly.

For 30 years, CPQ and ERP have been the backbone of how manufacturers quote, make and order products. But the modern seller expects something faster and more intuitive in the age of AI.

The Threekit Sales Agent is the first sales tool manufacturing sellers actually love.

Reps start with what they already have: notes, voice memos, photos, documents, RFPs, line drawings, competitive quotes. The Agent doesn’t wait for a complete spec. It reads the customer’s intent, works toward a valid quote, and takes the next step on its own – asking the rep what’s missing, flagging conflicts before they become errors, and proposing the next valid configuration the rep didn’t see.

When requirements change mid-deal, the Agent reasons through the impact and adjusts the proposal in place. No starting over. It catches a rule violation the rep would have shipped, spots an incompatible option and recommends the fix, and keeps the deal moving toward a quote it knows is valid. Threekit Sales Agent can be deployed across direct sales, channel sales, dealer networks, websites, and ecommerce.

“There’s a huge gap in the Guided Selling stage that sits in front of CPQ and B2B systems on the path to a quote,” said Matt Gorniak, CEO of Threekit. “There’s massive demand to use AI to make complex products easier to sell. We see it directly – revenue for our AI Sales Agent has grown more than 229% in the last year.”

Threekits AI platform built for enterprise trust, safety, reliability, and proof: more than 10M configuration-to-quote sessions monthly, a 99.8% SLA, ISO 27001 certification, and 150 enterprise customers. Threekit’s AI Sales agent has grown revenue 229% in the last year.

About Threekit

Threekit helps manufacturers make complex products easier to sell. Its AI Sales Agent reasons over product data, configuration logic, visual selling, governance, and enterprise integrations to drive a deal from customer request to valid, configured proposal on its own.

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SOURCE Threekit

Technology

CENTEGIX Launches The Safety Signal Podcast, Where Crisis Meets Connection

Published

30 minutes ago

June 18, 2026

New podcast hosted by CMO Robb Monkman and national school safety leader Ron Self debuts with Chief Development Officer Dr. Roderick Sams

ATLANTA, June 18, 2026 /PRNewswire/ — CENTEGIX, the leader in incident response and everyday safety solutions protecting more than 18 million people across 50 states, today announced the launch of The Safety Signal, a new podcast dedicated to the people, innovations, and conversations redefining what it means to feel safe at work.

Safety is earned in the moments most people never see. The Safety Signal brings you the people who live those moments, trading worst-case theory for what actually works.

Hosted by CENTEGIX Chief Marketing Officer, Robb Monkman, alongside co-host, Ron Self, a nationally recognized school safety leader, each episode bridges the gap between crisis and connection, bringing together educators, healthcare leaders, safety experts, and innovators to explore safety not just as a crisis response, but as a driver of culture, retention, trust, and organizational improvement.

“We are not just talking about technology,” said Monkman. “We are talking about the teacher who can focus on her students. The nurse who can focus on her patients. The leader who can focus on their people. That is what safety looks like when it actually works.”

Debut Episode: Safety as a School Improvement Issue

The first episode of The Safety Signal is available now, featuring CENTEGIX Chief Development Officer Dr. Roderick Sams, known to colleagues and partners as Rocky. A former award-winning principal, teacher, and coach, Dr. Sams brings a career built in classrooms and school buildings to a conversation about why safety sits at the center of every school improvement challenge facing leaders today.

Topics covered in the debut episode include the real cost of teacher turnover, the downstream impact of unsafe environments on enrollment and community trust, and what school leaders wish they had known sooner.

“Success is determined by where you end, not where you start,” said Dr. Sams. “Safe schools give every student and every educator a fighting chance at that.”

Where to Listen

The Safety Signal is available now at:

Website: https://www.centegix.com/resources/the-safety-signal-podcast
YouTube: https://www.youtube.com/watch?v=GJZvrdMqaTg
Spotify: Available now
Apple Podcasts: Available now
Amazon Music: Available now

Available wherever you get your podcasts.

About CENTEGIX

CENTEGIX is the leader in rapid incident response and everyday safety solutions, protecting more than 18 million people across 18,000+ locations in 50 states. The CENTEGIX Safety Platform, including CrisisAlert wearable panic buttons, Safety Blueprint critical incident mapping, Visitor Management, and Reunification, gives organizations the tools to plan for and respond to any emergency, from the everyday to the extreme. CENTEGIX serves K-12 and higher education, healthcare, government, commercial, and public safety organizations nationwide. CENTEGIX is backed by Charlesbank Capital Partners and Gauge Capital.

For more information visit www.centegix.com.

CONTACT: marketing@centegix.com

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SOURCE CENTEGIX

Technology

ICON International Launches Content and Entertainment Solution, Establishing New Pathways for Brand-Funded Film and Television

Published

30 minutes ago

June 18, 2026

Industry Veteran Aaron Tabas to Lead Offering with First Wave of Partnerships Including Imagine Entertainment, Pro Shop and more

STAMFORD, Conn., June 18, 2026 /PRNewswire/ — ICON International, the media-backed financial solutions company, today announced the official launch of its Content and Entertainment solution, a new practice dedicated to solving the industry’s most persistent challenges in content funding, production, and distribution. ICON will debut the offering this month at the Cannes Lions International Festival of Creativity (June 22–26), where its executives will meet with brands, agencies, and producers to discuss how the new practice is rewriting the economics of brand-funded entertainment.

The new offering, led by industry veteran Aaron Tabas, has already established strategic partnerships with leading talent agencies, creators, and distributors. Leveraging ICON’s core strength as a media and financial solutions partner, the new offering gives brands, creators, and distributors access to innovative, flexible financing structures that make content initiatives more streamlined, cost-effective, and impactful.

“ICON has always sat at the intersection of media, content, and advertising,” said Reid Steinberg, EVP, Media Director at ICON International. “This new offering formalizes what we have long done best—connecting brands with culture through financial expertise and strategic partnerships.”

Three Core Solutions for Content Financing and Distribution
ICON’s Content and Entertainment solution offers partners three proprietary funding models:

Working Media Solution: ICON unlocks funding for a brand’s content initiatives by creating added value around its existing media investments.Media Trade Solution: ICON funds content projects on behalf of brands and distributors in exchange for future advertising inventory.Independent Financing: ICON serves as a traditional film and television financier, bringing its brand and distributor relationships and marketing expertise to the table alongside capital.

“Working with ICON has changed how we think about brand partnerships,” said Marc Gilbar, President of Brands, Partnerships & IP at Imagine Entertainment. “They came to the table not just with financing, but with a deep understanding of what it takes to make engaging content. ICON has given filmmakers and brands a new roadmap to making their most ambitious projects possible.”

Projects at Launch
From documentary film to scripted prestige television to indie features and viral social content, ICON has already assembled a diverse portfolio of projects that demonstrates the full range of what its funding and distribution models can offer clients. Across each, the throughline is bringing together best-in-class creative partners and giving them the resources to tell stories at the highest level.

Amelia, Feature Documentary in Partnership with CNN Films, Imagine Documentaries, Storyville Films and produced in association with ICON and Sandbox Films: ICON is a core funding partner on Amelia, a feature documentary billed as the definitive portrait of Amelia Earhart. Produced by CNN Films, Imagine Documentaries and Storyville Films, directed by Academy Award Nominated and Emmy-Winning Julie Cohen and Betsy West and set to air on CNN, the project represents the kind of premium, culturally significant content ICON was built to support. The partnership was brokered by CAA Media and Entertainment Partnerships and signals the caliber of relationships the solution brings to the table.The Artist, Limited Series in Partnership with The Network: ICON’s reach extends to scripted prestige television with The Artist, the Gilded Age murder mystery limited series from creator Aram Rappaport featuring an ensemble cast that includes Mandy Patinkin, Janet McTeer, Patti LuPone, Hank Azaria, and Zachary Quinto. ICON funded the program for The Network, the free, ad-supported streaming platform demonstrating the model’s ability to support not only individual titles but the platforms that distribute them. The Artist premiered on The Network over the 2025 holiday season and is streaming now at thenetwork.stream.Social Content Series, in Partnership with Dude Wipes and Pro Shop: ICON executed a social content series for DUDE Wipes in partnership with Pro Shop, a leading golf media company. The series, executed by Skratch Golf with its unique media rights, featured the PGA TOUR’s best players navigating pressure-packed on-course situations during one of the year’s most attended events, the Waste Management Phoenix Open. The program generated more than 3 million views across Skratch Golf’s media channels and exceeded engagement benchmarks.dAte, an Independent Feature Film: ICON is also putting its Independent Financing model to work on dAte, an indie horror film currently in production with Squid Farm Productions. The project showcases ICON’s role as a traditional film financier pairing capital with the brand relationships and marketing expertise that independent filmmakers rarely find in a funding partner.

“What we’ve built is a fundamentally different way for brands and creators to work together,” said Aaron Tabas, who leads ICON’s Content and Entertainment solution. “The projects we’re bringing to Cannes reflect what’s possible when you remove the financial friction from the creative process. We’ve partnered with some of the best producers, agencies, and distributors in the business, and we’re just getting started.”

ICON at Cannes Lions
ICON’s Content and Entertainment team, led by Tabas, will be on the ground at the Cannes Lions International Festival of Creativity, June 22–26, meeting with brands, agencies, producers, and distributors to discuss partnership and financing opportunities.

About ICON International
ICON International is a media-backed financial solutions partner that transforms underutilized resources into measurable growth. With the trust of over 350 organizations, ICON combines strategic know-how, creativity, financial expertise, and unmatched media partnerships to create enterprise value for its clients. For more information, visit www.iconinternational.com.

Media Contact: iconinternational@jainepr.com

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SOURCE ICON International