Cboe Global Markets Celebrates 35th Anniversary of Cboe’s S&P 500 Index Options

Cboe Global Markets, Inc. is celebrating the 35th anniversary of Cboe’s S&P 500 Index options (SPXSM), the most actively traded index option in the U.S. Thirty-five years ago, Cboe revolutionized the financial world with the introduction of options on broad-based stock indexes. On July 1, 1983, just 10 years after creating the listed options market, Cboe launched SPX options with posted volume of 350 contracts -- a sharp contrast with current-day volume of nearly 1.5 million contracts per day. SPX options trading during the first half of 2018 experienced the most volume ever for the first two quarters of a year, with a total of 180,000,000 million contracts traded, representing over $453,000,000,000 billion of notional value. Further, year- to-date through June 2018 average daily volume is 15.8 percent ahead of last year’s record volume pace.