CBOE's VIX Options Establish New Single-Day Volume Record
CHICAGO, IL – April 16, 2013 – Chicago Board Options Exchange® (CBOE®) today reported that options on the CBOE Volatility Index® (VIX® index) established an all-time, single-day volume record yesterday, April 15. Options volume totaled 1,399,863 contracts, beating the previous record of 1,388,634 contracts traded on February 26, 2013.
As reported yesterday, CBOE Futures Exchange’s (CFE®) VIX futures also set an all-time, single-day volume record on Monday, with 449,955 contracts changing hands. The new futures record surpassed the previous record of 302,278 contracts traded on February 25, 2013.
VIX options and futures reached record trading levels in the first quarter of this year. VIX options average daily volume (ADV) was over 630,000 contracts per day, up 30 percent from the fourth quarter of 2012 and 48 percent from first-quarter 2012. VIX futures averaged over 150,000 contracts per day through March, a 25-percent increase over the fourth quarter of 2012 and 131 percent higher than first-quarter 2012.
About CBOE Holdings
CBOE Holdings, Inc. (NASDAQ: CBOE) is the holding company for Chicago Board Options Exchange (CBOE), CBOE Futures Exchange (CFE) and other subsidiaries. CBOE, the largest U.S. options exchange and creator of listed options, continues to set the bar for options and volatility trading through product innovation, trading technology and investor education. CBOE Holdings offers equity, index and ETF options, including proprietary products, such as S&P 500 options (SPX), the most active U.S. index option, and options and futures on the CBOE Volatility Index (the VIX Index). Other products engineered by CBOE include equity options, security index options, LEAPS options, FLEX options, and benchmark products such as the CBOE S&P 500 BuyWrite Index (BXM). CBOE Holdings is home to the world-renowned Options Institute and www.cboe.com, the go-to place for options and volatility trading resources. CBOE is regulated by the Securities and Exchange Commission (SEC), with all trades cleared by the OCC.
CBOE®, Chicago Board Options Exchange®, CFE®, FLEX®, LEAPS®, CBOE Volatility Index® and VIX® are registered trademarks, and BuyWriteSM, BXMSM, CBOE Futures ExchangeSM, Execute SuccessSM, SPXSM and The Options Institute are service marks of Chicago Board Options Exchange, Incorporated (CBOE). Standard & Poor’s®, S&P® and S&P 500® are registered trademarks of Standard & Poor’s Financial Services, LLC and have been licensed for use by CBOE and CFE.