Moreover, a leading provider of global market infrastructure and tradable products Cboe Global Markets Inc., reported on July 6 the monthly trading volume across its global business lines.    The data sheet that was published contained an overview of certain June trading statistics as well as volume in select index products. Among the country’s equity markets, the largest drop year-on-year (YoY) was seen in Canadian equities, which dropped by -35%, on the other hand, the European equities trading volumes increased by 60.2%.

Euro-area inflation

Eurozone inflation jumped to a record high of 8.6% in June, mostly driven by rising energy prices, mainly due to the war in Ukraine. Meanwhile, the hawkish European Central Bank (ECB) continued to signal a 50-basis-point interest rate hike as early as July, with a possible new rate hike in September.  Yet, European equities have seen trading volume increases, as investors are probably seeing more ‘value driven’ stocks in Europe as the continent mostly underperformed compared to its U.S. peers in the previous years. 

Net Revenue Capture Guidance

Furthermore, average revenue per contract (RPC) or net capture based on a three-month rolling average showed the biggest discrepancies between the projected and actual transaction fees in Index options and Futures in the U.S. and Canadian Equities.  In short, certain markets have seen outflows of funds while others, which have traditionally seen slower markets, see large inflows. Europe seems to be on investors’ minds; some placed large short bets on EU equities, while others believe that globally they will outperform.  Finally, market participants can track trading volumes to predict where global equity markets are headed and where more money is flowing in to try and catch that ever-elusive alpha.  Buy stocks now with Interactive Broker – the most advanced investment platform Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.