CBOE's VIX Options Establish New Single-Day Volume Record02.27.2013
– VIX Options Volume Totals Nearly 1.4 Million Contracts
– Second-Best Day Ever for CFE VIX Futures
CHICAGO, IL – February 26, 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, totaling an estimated 1,388,937 contracts. Today’s VIX options volume beat the previous record of 1,219,226 contracts traded on September 11, 2012.
CBOE Futures Exchange’s (CFE®) VIX futures notched their second-best day ever as 299,566 contracts changed hands today on the heels of a new volume high of 302,278 contracts traded yesterday.
In February, CBOE and CFE reported that in January, VIX options and futures both established record-breaking monthly trading volumes:
- VIX options recorded their best month ever with an average daily volume (ADV) of 680,822 contracts, exceeding the previous record ADV of 582,022 contracts in August 2011. Total volume for the month was 14.3 million contracts, also a new record.
- VIX futures recorded their best month ever as daily volume averaged 137,988 contracts, beating the previous record ADV of 130,202 contracts in November 2012. Total volume for the month was a record 2.9 million contracts.
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, 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.