CHICAGO , April 6, 2017 /PRNewswire/ -- CBOE Holdings, Inc. (BATS: CBOE | NASDAQ: CBOE) today reported March monthly trading volume and average revenue per contract (RPC)/net revenue capture data at www.cboe.com/monthlyvolrpc.
The data sheet "CBOE Holdings Monthly Volume & RPC/Net Revenue Capture Report" contains an overview of March statistics for options ( Chicago Board Options Exchange® (CBOE®), C2 Options Exchange (C2), BZX and EDGX); CBOE Futures Exchange (CFE®); Bats' U.S. equities (BZX, BYX, EDGA, EDGX); global FX (Bats Hotspot); European equities; and European trade reporting (BXTR). Data sheets are also available on a combined basis for 2016 and 2017.
For comparability and informational purposes, the table below presents trading volume on a combined basis, as of January 1 of each year, to reflect information pertaining to Bats Global Markets, Inc., which was acquired by CBOE Holdings, Inc. on February 28, 2017.
ADV= average daily volume
ADNV=average daily notional value
First-Quarter 2017 Selected RPC Guidance
The company currently expects average RPC for multiply-listed options traded on CBOE and C2, to be 8 to 10 percent lower than the amount noted below for the two-months ended February 28, 2017, due to higher volume discounts in March. The average RPC for index options and futures is expected to be slightly lower than the amounts noted below for the two-months ended February 28, 2017. These expectations are estimated, preliminary and may change. There can be no assurance that our final average RPC for the three-months ended March 31, 2017 will not differ materially from these expectations.
The following represents average RPC based on a two-month and a three-month rolling average, reported on a one-month lag. The average RPC represents total transaction fees for CBOE, C2 and CFE recognized for the period divided by total contracts traded during the period. 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.
About CBOE Holdings, Inc.
CBOE Holdings, Inc. (BATS: CBOE | NASDAQ: CBOE), owner of the Chicago Board Options Exchange, the Bats exchanges, CBOE Futures Exchange (CFE) and other subsidiaries, is one of the world's largest exchange holding companies and a leader in providing global investors cutting-edge trading and investment solutions.
The company offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, U.S. and European equities, exchange-traded funds (ETFs), and multi-asset volatility and global foreign exchange (FX) products. CBOE Holdings' 14 trading venues include the largest options exchange in the U.S. and the largest stock exchange in Europe , and the company is the second-largest stock exchange operator in the U.S. and a leading market globally for ETF trading.
CBOE Holdings is home to the CBOE Volatility Index (VIX Index), the world's barometer for equity market volatility; the CBOE Options Institute, the company's world-renowned education arm; CBOE Livevol, a leading provider of options technology, trading analytics and market data services; CBOE Vest, an asset management company specializing in target-outcome investment strategies; CBOE Risk Management Conferences (RMC), the premier financial industry forums on derivatives and volatility products; ETF.com, a leading provider of ETF news, data and analysis; and Hotspot, a leading platform for global FX trading.
The company is headquartered in Chicago with offices in Kansas City , New York , London , San Francisco , Singapore and Ecuador. For more information, visit www.cboe.com.