.jpg)
- Total Volume Sets Record for Fourth Consecutive Month
- Monthly ADV Reaches New High for Third Time in 2013
- New Single-Day Record Achieved on April 15
The CBOE Futures Exchange, LLC (CFE®) announced today that April 2013 was a record-setting month for the trading of futures on the CBOE Volatility Index® (VIX®) with new all-time highs in total monthly volume, monthly average daily volume (ADV) and single-day trading activity.
VIX Futures
For the fourth consecutive month, total monthly trading volume in VIX futures reached an all-time high. The 4,056,760 contracts traded during April 2013 surpassed the 3,220,977 contracts in March, the previous record, by 26 percent. April was the first time in CFE history that total monthly volume in VIX futures eclipsed four million contracts traded. When compared to the 1,683,034 contracts traded a year ago, April's volume rose by 141 percent.
|
CFE Monthly Volume Summary |
Year-To-Date |
|||||||
|
April 2013 |
April 2012 |
% Chg |
March 2013 |
% Chg |
April 2013 |
April 2012 |
% Chg |
|
|
Trading Days |
22 |
20 |
20 |
82 |
82 |
|||
|
VIX Index Futures |
||||||||
|
Total |
4,056,760 |
1,683,034 |
141% |
3,220,977 |
26% |
13,237,820 |
5,794,182 |
128% |
|
ADV |
184,398 |
84,152 |
119% |
161,049 |
14% |
161,437 |
70,661 |
128% |
|
CFE Total Exchange |
||||||||
|
Total |
4,069,630 |
1,692,623 |
140% |
3,228,874 |
26% |
13,313,892 |
5,816,211 |
129% |
|
ADV |
184,983 |
84,631 |
119% |
161,444 |
15% |
162,365 |
70,929 |
129% |
Monthly average daily volume (ADV) in VIX futures during April was a record 184,398 contracts. The previous record was 161,176 contracts per day in February 2013. April marked the third time in the first four months of 2013 that a new monthly ADV record was set. When compared to March's ADV of 161,049 contracts and April 2012's ADV of 84,152 contracts, April's volume increased by 14 percent and 119 percent, respectively.
A new single-day volume record in VIX futures was set on April 15 when 449,955 contracts traded, topping the previous high of 302,278 contracts traded on February 25, 2013.
Total CFE
For a fourth straight month, total exchange-wide volume at CFE set a new record as 4,069,630 contracts traded. April's volume was an increase of 26 percent from the 3,228,874 contracts traded in March, the previous high, and a gain of 140 percent from the April 2012 volume of 1,692,623 contracts. For the first time in CFE history, total exchange-wide monthly volume topped four million contracts traded during April.
Exchange-wide monthly ADV of 184,983 contracts during April also set a new record, besting the 162,514 contracts per day in February 2013, the previous high. April's ADV was up 15 percent compared with the March 2013 ADV of 161,444 contracts, and up 119 percent from the April 2012 ADV of 84,631 contracts.
A new total exchange-wide single-day volume record was set on April 15 when 452,139 contracts traded, beating the previous high of 302,986 contracts traded onFebruary 25, 2013.
Other Highlights
- CBOE Gold ETF Volatility Index security futures (index ticker: GVZ; futures ticker: GV) set a new monthly volume record with 6,120 contracts traded in April, surpassing the previous monthly record of 1,619 contracts in August 2012.
- GV security futures set a new single-day volume record on April 15 with 1,488 contracts traded. The previous single-day high was 765 contracts on March 28, 2013.
- April volume in CBOE Crude Oil ETF Volatility Index security futures (index ticker: OVX; futures ticker: OV) totaled 2,709 contracts traded, an increase of 275 percent from March's 722 contracts.
