Cboe FX’s average daily notional forex trading value was $40.8 billion in Q4 2022. This represents a 21% increase over the previous year.
In the official announcement, the company noted that Cboe FX commanded 18.4% of the market share, compared to 16.8% in last year’s final quarter.
Edward T. Tilly (Cboe Global Markets Chairman and President, Chief Executive Officer) said:
We are focused on accelerating our momentum in three key areas of our business – Derivatives, Data and Access Solutions and Digital. We will also be focusing on organic growth to expand our market reach and increase access to our unique products and services across the globe. Cboe’s team has done a tremendous job in 2022. I am grateful and look forward to another great year.
Brian N. Schell (Cboe Global Markets Executive vice president, Chief Financial Officer and Treasurer) added:
Cboe reported an impressive fourth quarter that capped a record year. I was delighted with the firm’s consistent progress throughout 2022. During 2022 our Derivatives business net revenues grew an…