CBOE's SPXpm Options Establish New Daily Volume Record
October 3, 2013
CHICAGO, IL -- October 3, 2013 -- Chicago Board Options Exchange, Incorporated (CBOE® today reported that trading volume in SPXpmSM -- S&P 500® Index options that are PM-settled -- established an all-time daily volume record yesterday as 54,611 contracts changed hands. Wednesday's record surpassed the previous daily volume record of 39,472 SPXpm contracts traded on June 21, 2013.
In February, SPXpm options trading moved from C2 Options Exchange's (C2) all-electronic environment to CBOE's hybrid model to expose SPXpm to a broader base of users, including the SPX trading crowd on CBOE's trading floor. The migration of SPXpm unified all of CBOE's S&P 500 products on a single exchange.
CBOE's S&P 500 product line includes options on its flagship SPXSM contract, SPX Weeklys, SPXpm and Mini-SPX.
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 ETP 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 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®, Chicago Board Options Exchange®, ,FLEX®, LEAPS®, CBOE Volatility Index® and VIX® are registered trademarks, and C2 Options ExchangeSM, C2SM BuyWriteSM, BXMSM, Execute SuccessSM, SPXSM, SPXpmSM, WeeklysSM and The Options InstituteSM 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.