VIX FUTURES VOLUME IN NON-U.S.TRADING HOURS SETS NEW DAILY RECOR08.01.2014
CHICAGO, IL – August 1, 2014 — The CBOE Futures Exchange, LLC (CFE®) today announced record trading volume in CBOE Volatility Index® (VIX® index) futures during non-U.S. trading hours, with an estimated 68,033 contracts changing hands. Today’s record surpasses the previous record in non-U.S. trading hours of 59,505 contracts set on July 10.
In July, volume in VIX futures outside of regular U.S. trading hours averaged more than 19,000 contracts per day, accounting for 9.9 percent of CFE’s total daily volume.
The trading week for VIX futures at CFE now begins each Sunday at 5:00 p.m. CT and ends each Friday at 3:15 p.m. CT. Monday through Thursday, CFE closes for 15 minutes at 3:15 p.m. CT before the new trading day begins at 3:30 p.m. CT. After Friday’s 3:15 p.m. CT close, CFE remains closed until the start of the new trading week at 5:00 p.m. CT on Sunday.
About CBOE Futures Exchange
CBOE Futures Exchange currently offers nine contracts: CBOE Volatility Index (VIX Index) futures (VX), CBOE Short-Term Volatility Index (VXST) futures, S&P 500 Variance futures (VA), CBOE NASDAQ-100 Volatility Index (VXN) futures (VN), CBOE Russell 2000 Volatility Index (RVX) futures (VU), CBOE Gold ETF Volatility Index (GVZ) security futures (GV), CBOE Crude Oil ETF Volatility Index (OVX) security futures (OV), CBOE Emerging Markets ETF Volatility Index (VXEEM) security futures (VXEM) and CBOE Brazil ETF Volatility Index (VXEWZ) security futures (VXEW).
CFE, a wholly-owned subsidiary of CBOE Holdings, Inc. (NASDAQ: CBOE), offers an all-electronic, open-access market model, with traders providing liquidity and making markets. CFE is regulated by the Commodity Futures Trading Commission (CFTC) and all trades are cleared by the OCC.