September Trading at CBOE Futures Exchange Up 154 Percent Over Year Ago
-- Fourth Consecutive Quarter of Record Trading with 3.9 Million Contracts
-- VIX Futures Traded 46,784 Contracts per Day During the Month
Average Daily Volume
Monthly average daily volume (ADV) at CFE during
CBOE FUTURES EXCHANGE VOLUME SUMMARY
Total trading volume at CFE during
September marked the twenty-fourth consecutive month in which total volume registered an increase when comparing year-over-year trading activity. The nine most-active trading months in CFE history have occurred during the first nine months of 2011.
Third Quarter and Year-To-Date
Total volume for the third quarter of 2011 was 3,983,559 contracts, the fourth consecutive record quarter of trading at CFE. The trading volume during the three months from July through September surpassed the previous high of 3,052,714 contracts during the April through June time period by 30 percent and gained 320 percent from the 949,011 contracts traded during the third quarter of 2010.
ADV during the third quarter was 62,243 contracts, compared with 48,456 contracts in the previous quarter (2Q 2011) and 14,828 contracts in the same quarter from a year ago (3Q 2010).
The first nine months of 2011 currently rank as the nine most-active trading months in CFE history. Year-to-date volume has already surpassed the total volume of 4,402,378 contracts for all of 2010. The 9,670,531 contracts traded through September stands 270 percent ahead of the 2,615,343 contracts traded during the first nine months of 2010. Through September, CFE is averaging 51,167 contracts traded per day, compared with 13,911 contracts per day from the same time period in 2010.
Average daily volume for futures on the CBOE Volatility Index (VIX) was 46,784 contracts during September, an increase of 154 percent from the year ago ADV of 18,427 contracts per day. When compared to the record 79,402 contracts per day during August, September ADV was down 41 percent.
Total volume for VIX futures in September was 982,462 contracts traded, up 154 percent from the year ago volume of 386,969 contracts traded, but off from the record 1,826,241 contracts traded in August by 46 percent. The top seven most-active trading months for VIX futures have occurred during the last seven months (August: 1,826,241 contracts; June: 1,222,257 contracts; July: 1,169,064 contracts; March: 1,065,374 contracts, May: 993,990 contracts; September: 982,462 contracts and April: 834,110 contracts).
CFE currently offers futures on five different contracts, including: the CBOE Volatility Index (VIX), Weekly options on VIX futures (VOW),
CFE, a wholly owned subsidiary of
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