VIX Futures Single-Day Volume Record Set on Thursday
September 14, 2012
New Highs In Open Interest Reached This Week
CHICAGO, IL, September 14, 2012 - CBOE Futures Exchange (CFE) today announced that trading in futures on the CBOE Volatility Index (the VIX Index) set a new volume record yesterday, while open interest reached consecutive all-time highs this week.
In trading of VIX futures, a new single-day volume record was established on Thursday, September 13, as 190,081 contracts traded. Yesterday's record day easily surpassed the previous record of 159,744 VIX futures contracts traded on June 18, 2012.
Year to date through August, trading volume in VIX futures totaled 13,771,985 contracts, 59 percent ahead of the 8,677,477 contracts traded during the same period in 2011. The 13.8 million VIX futures contracts traded through the end of August have already surpassed the total volume of 12.0 million contracts for all of 2011.
Open interest in VIX futures at CFE reached new all-time highs for four consecutive days this week. The 427,706 contracts on Thursday, the 411,407 contracts on Wednesday, the 406,958 contracts on Tuesday and the 404,559 contracts on Monday all topped the previous open interest high of 403,608 contracts on August 21.
In addition, total exchange trading volume at CFE also set a new record yesterday as 191,228 contracts traded, eclipsing the previous high of 160,552 contracts traded, also set on June 18, 2012. Exchange-wide open interest reached a new high of 431,428 contracts on Thursday.
CFE currently offers nine contracts: CBOE Volatility Index (The VIX Index) futures (VX), Mini-VIX futures (VM), CBOE Nasdaq-100 Volatility Index (VXN) futures (VN), 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), CBOE Brazil ETF Volatility Index (VXEWZ) security futures (VXEW), CBOE S&P 500 3-Month Variance futures (VT), and Radar Logic 25-Metropolitan Statistical Area (MSA) RPX Composite Index futures (RPXCP).
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. More information on CFE and its products, including contract specifications, can be found at: http://cfe.cboe.com/.
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