U.S. Cash Equities July Highlights

July Highlights

• Cboe EDGA® Equities Exchange (EDGA) increased 26% or 17 basis points month-over-month, the second largest exchange market share jump
• Cboe BZX® Equities Exchange (BZX) grew 22.5 basis points month-over-month

Come and join the growth on EDGA: No volume-based tiers, simple pricing model and free to join for new members

• Customers receive a -$.0027 rebate for display adding and a -$.003 rebate for display National Best Bid or Offer (NBBO) adding. Customers also receive a -$.0025 rebate for adding hidden or midpoint liquidity
• Under the New Member Program, qualifying members receive one free Logical Order Entry Port (FIX or BOE) and a first-year Membership Fee Waiver to further support market participants

Cboe BYX® Equities Exchange (BYX): Not just a leader in market share for inverted exchanges

• Periodic Auctions volume grew 107% month-over-month due to a combination of new participants and firms choosing to trade big
• If you are not currently receiving the Periodic Auctions missed opportunity report, please speak with your sales representative to be added to the distribution list
• Read our analysis on how Cboe’s periodic auctions offer a unique way to source liquidity

Upcoming Changes

• Timestamp report updates
• Enhancements to the data and distribution for the timestamp reports
• Cboe Timestamping Service Enhancements

News and Insights

• Capturing Liquidity with Cboe's Periodic Auctions
• Index Insights: July
• Cboe Surpasses 1,000 U.S. Listed ETFs as Demand for Innovative Products Drives Market Growth
• The ETF Shift That’s Reshaping Investor Strategy
• The VIX® Index Decomposition - A Heuristic Framework to Unravel Unexpected Behaviors in the VIX Index

U.S. Listings

• In July, Cboe listed 37 new Exchange Traded Funds (ETFs)
• Learn more about our U.S. ETFs