CBOE Volatility Index (VIX) Futures Establish New Daily Volume Record
CHICAGO, March 14, 2011 - The CBOE Futures Exchange, LLC (CFE) today reported that Friday, March 11 was a record-volume day for CBOE Volatility Index (VIX) futures - based on the CBOE Volatility Index (ticker: VX) - as 77,556 contracts changed hands. The previous daily record was 70,704 contracts, set on November 16, 2010.
In February, VIX futures set an all-time volume record for any month, with 788,908 contracts traded, exceeding a record 777,366 contracts traded in January 2011. Average daily volume (ADV) in VIX futures was 41,521 contracts in February, compared to the 9,880 contracts per day in February 2010, a 320-percent rise. February marked the first month in which VIX futures ADV exceeded 40,000 contracts and the seventeenth consecutive month of year-over-year monthly volume increases.
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 trades are cleared by the AAA-rated Options Clearing Corporation (OCC). CBOE Futures Exchange is regulated by the Commodity Futures Trading Commission (CFTC).
More information on CFE and its products, including contract specifications, can be found at: http://cfe.cboe.com/.
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