- VIX Futures Up 2% Year to Date
- VIX Futures ADV Down 28% from September 2015
- 4 Million VIX Futures Contracts Traded
CHICAGO, IL -- November 2, 2015 -- CBOE Futures Exchange, LLC (CFE®) today reported that October average daily volume (ADV) was down 28 percent from September 2015 and 44 percent from October 2014s record-setting volume totals. However, on a year-to-date basis through October, volume was up 2 percent, compared with the same period last year.
VIX Futures
Total volume in futures on the CBOE Volatility Indexâ (VIXâ Index) for October was 4.0 million contracts, down 24 percent from September 2015 and down 46 percent from October 2014, when VIX Index futures set monthly and daily volume records. October VIX futures ADV was 181,562 contracts.
Total CFE
Exchangewide ADV at CFE was 181,760 contracts in October, a decrease of 28 percent from September 2015 and 44 percent from October 2014, when the CFE also posted monthly and daily volume records. Exchangewide total volume for the month was 4.0 million contracts, down 24 percent from September 2015 and a decline of 46 percent from the year-ago total.
Extended Trading Hours
Trading activity in VIX futures during non-U.S. trading hours fell in October, but represented 8 percent of total VIX futures volume, slightly lower than September 2015s 10-percent share. Monthly volume for VIX futures during extended trading hours was 317,959 contracts, with an ADV of 14,453 contracts. Year to date, extended trading hours represent nearly 9 percent of VIX futures total volume.
About CBOE Futures Exchange
CBOE Futures Exchange (CFE) offers contracts on CBOE Volatility Index (VIX Index) futures (VX), S&P 500 Variance futures (VA), CBOE/CBOT 10-year U.S. Treasury Note Volatility Index (TYVIX) futures (VXTY) and CBOE Russell 2000 Volatility Index (RVX) futures (VU).
VIX futures are available for trading nearly 24 hours a day, five days a week at CFE, beginning Sunday at 5:00 p.m. CT and ending Friday at 3:15 p.m. CT. CFE closes for 15 minutes between 3:15 p.m. CT and 3:30 p.m. CT, Monday through Thursday, after which the next trading day begins at 3:30 p.m. CT. For additional details on extended trading hours, see www.cboe.com/ETH.
CFE, an all-electronic market, is a wholly-owned subsidiary of CBOE Holdings, Inc. (NASDAQ: CBOE). 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/.
CBOE-EF
CBOE®, Chicago Board Options Exchange®, CFE®, Execute Success®, CBOE Volatility Index® and VIX® are registered trademarks, and CBOE Futures ExchangeSM, WeeklysSM, CBOE/CBOT 10-year U.S. Treasury Note Volatility IndexSM, CBOE Russell 2000 Volatility IndexSM, VXSM, VASM, TYVIXSM, VXTYSM, RVXSM, and VUSM 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 and CFE. Russell® and Russell 2000® are registered trademarks of the Frank Russell Company, used under license. CBOT is a trademark of CME Group, Inc. (CME). CBOE has, with the permission of CME, used such trademark in the CBOE/CBOT 10-year U.S. Treasury Note Volatility Index. CME makes no representation regarding the advisability of investing in any investment product that is based on such index. All other trademarks and service marks are the property of their respective owners.
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