Cboe FX boosts market share in October
Volumes up, driven by activity in European and Asian trading sessions
Cboe Global Markets reported a record market share of 14.5% in October for its foreign exchange business, Cboe FX, surpassing its previous record of 13.6%, set in December 2013, the firm said in a press release.
Year-on-year, average daily volumes grew by 26.7% to $32 billion in October, driven by several factors, including higher volumes from European and Asian customers as the company expanded its customer base in those regions.
The trading platform calculates its market share ratio by
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