Cboe FX reported that the average daily notional value for forex trading was $40.8 billion in Q4 2022. This is a 21% increase compared to 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 is the Chairman of Cboe Global Markets, President, and Chief Executive Officer.
We are focused on accelerating our momentum in three key areas of our business – Derivatives, Data and Access Solutions and Digital. Organic growth initiatives that expand market access and deepen our geographic reach for our unique set products and services will be crucial to us. 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 a strong fourth quarter, which caps a record-breaking year. I was delighted with the firm’s consistent progress throughout 2022. During 2022 our Derivatives business net revenues grew an…
