VIX Futures Open Interest Hits New Record: Over 280,000 Contracts
CHICAGO, March 6, 2012 - CBOE Futures Exchange, LLC (CFE) today announced that open interest in CBOE Volatility Index (VIX index) futures reached new all-time highs on Monday, March 5 and Thursday, March 1. On March 5, open interest hit 282,314 contracts, exceeding a 256,870-contract record on March 1.
Prior to these records, the highest VIX futures open interest recorded was 253,319 contracts on June 15, 2011.
In addition to open interest records, CFE last week reported that VIX futures volume established its second best month ever in February, with 1,338,471 contracts traded, an increase of 70 percent from year-prior volume of 788,908 contracts.
CFE currently offers futures on eight different contracts, including: CBOE Volatility Index (VIX index) futures, Weekly Options on Mini-VIX futures (VOW), Mini-VIX (VM) futures, CBOE Gold ETF Volatility Index (GVZ) security futures, CBOE S&P 500 3-Month Variance (VT) futures, CBOE Emerging Markets ETF Volatility Index (VXEM) security futures, CBOE Brazil ETF Volatility Index (VXEW) security futures and Radar Logic 25-Metropolitan Statistical Area (MSA) RPX Composite Index (RPXCP) futures.
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/.
Trading futures involves the risk of loss, including the possibility of loss greater than your initial investment. CBOE®, Chicago Board Options Exchange®, CFE®, CBOE Volatility Index® and VIX® are registered trademarks, and CBOE Futures Exchange(SM), GVZ(SM), VOW(SM), VXEM(SM), VXEW(SM) and Weeklys(SM) are servicemarks 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 and CFE. All other trademarks and service marks are the property of their respective owners.