CBOE Holdings Reports January 2016 Trading Volume

February 01, 2016
  • Total Volume of 103.0 Million Contracts
  • Up 14% from December 2015, Down 4% from January 2015
  • ADV of 5.4 Million Contracts
  • Up 32% from December 2015 and 1% from January 2015

CHICAGO , Feb. 1, 2016 /PRNewswire/ -- CBOE Holdings, Inc. (NASDAQ: CBOE) reported today that total trading volume in January for options contracts on Chicago Board Options Exchange® (CBOE®) and C2 Options Exchange (C2) and futures contracts on CBOE Futures Exchange (CFE®) was 103.0 million contracts, with an average daily volume (ADV) of 5.4 million contracts, increases of 14 percent and 32 percent, respectively, from December 2015.    

CBOE Holdings, Inc. logo. (PRNewsFoto/CBOE Holdings, Inc.)

When compared to January 2015's 107.2 million total options and futures contracts, total volume for January 2016 decreased 4 percent. ADV during January 2016 slightly increased by 1 percent over January 2015's ADV of 5.4 million contracts.  

CBOE Holdings Consolidated Trading Volume Current Month

(contracts in thousands)

Jan

 2016

Jan

2015

%
Chg

Dec

2015

%
Chg

Trading Days

19

20


22


Total Contracts (options & futures)

102,994.5

107,239.7

-4%

90,028.8

14%

Total Options Contracts (CBOE & C2)

97,826.1

102,666.1

-5%

85,495.5

14%

Total Futures Contracts (CFE)

5,168.4

4,573.7

13%

4,533.4

14%







Total ADV (options & futures)

5,420.8

5,362.0

1%

4,092.2

32%

Total Options ADV (CBOE & C2)

5,148.7

5,133.3

--

3,886.2

32%

Total Futures ADV (CFE)

272.0

228.7

19%

206.1

32%

 

CBOE Trading Volume and Market Share

CBOE Volume: January  

  • CBOE's ADV for the month was 4.8 million contracts and total volume was 90.8 million contracts, increases of 33 percent and 15 percent, respectively, from December 2015.  When compared to a year ago, January 2016 ADV was unchanged and total volume decreased 5 percent.    
  • January ADV in index options increased 35 percent from December 2015 and increased 26 percent from January 2015.           
  • January ADV in equity options increased 31 percent from December 2015, but decreased 17 percent from January 2015. 
  • January ADV in exchange-traded product (ETP) options increased 35 percent from December 2015, but decreased 6 percent from January 2015.
  • Expanded volume information for CBOE index and ETP options is available at: www.cboe.com/data/monthlyvolume.aspx.

CBOE Trading Volume Current Month

(contracts in thousands)

Jan

2016

Jan

2015

%
Chg

Dec

2015

%
Chg

Trading Days

19

20


22


Total Exchange

90,837.3

95,516.1

-5%

78,798.9

15%

Total Exchange ADV

4,780.9

4,775.8

--

3,581.8

33%

Equity Options

29,415.5

37,463.3

-21%

26,090.9

13%

Equity Options ADV

1,548.2

1,873.2

-17%

1,186.0

31%

Index Options

37,626.4

31,351.5

20%

32,326.0

16%

Index Options ADV

1,980.3

1,567.6

26%

1,469.4

35%

ETP Options

23,795.4

26,701.2

-11%

20,382.0

17%

ETP Options ADV

1,252.4

1,335.1

-6%

926.5

35%

 

CBOE Market Share: January    

  • CBOE's market share of total U.S. options industry volume was 24.9 percent in January, an increase of 1.6 percentage points from December 2015 and a decrease of 2.1 percentage points from January 2015.

CBOE Market Share Current Month


Jan
2016

Jan
2015

% Pt.
Chg

Dec
2015

% Pt.
Chg

Total Exchange

24.9%

27.0%

-2.1%

23.3%

1.6%

Equity Options

17.2%

19.3%

-2.1%

16.2%

1.0%

Index Options

98.2%

96.2%

2.0%

98.2%

--

ETP Options

15.3%

21.1%

-5.8%

14.1%

1.2%

 

C2 Trading Volume and Market Share

C2 Volume: January

  • C2's ADV for the month was 367,831 contracts and total volume was 7.0 million contracts, increases of 21 percent and 4 percent, respectively, from December 2015. 
  • When compared to a year ago, January 2016 ADV increased 3 percent and total volume decreased 2 percent.    

C2 Trading Volume Current Month

(contracts in thousands)

Jan
2016

Jan
2015

%
Chg

Dec

2015

%
Chg

Trading Days

19

20


22


Total Exchange

6,988.8

7,150.0

-2%

6,696.5

4%

Total Exchange ADV

367.8

357.5

3%

304.4

21%

Equity Options

1,605.8

1,872.2

-14%

1,543.6

4%

Equity Options ADV

84.5

93.6

-10%

70.2

20%

Index Options

291.8

66.9

336%

237.5

23%

Index Options ADV

15.4

3.3

359%

10.8

42%

ETP Options

5,091.2

5,211.0

-2%

4,915.4

4%

ETP Options ADV

268.0

260.5

3%

223.4

20%

 

C2 Market Share: January

  • C2's market share of total industry volume in January was 1.9 percent, a decrease of 0.1 percentage points from both December 2015 and January 2015.

C2  Market Share Current Month


Jan
2016

Jan
2015

% Pt.
Chg

Dec
2015

% Pt.
Chg

Total Exchange

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