.jpg)
The CBOE Futures Exchange, LLC (CFE) announced today that trading volume during June 2007 totaled 81,852 contracts, an increase of 45% over June 2006's volume of 56,299 contracts. Average daily volume for the month was 3,898 contracts, a new all-time high for CFE, and an increase of 52% from the year-ago average daily volume of 2,559 contracts. June was the second busiest month ever at CFE, trailing only the 82,705 contracts traded during October 2006. For the first time in CFE's history, trading volume exceeded 80,000 contracts in consecutive months as June's volume rose slightly over May's 2006 volume of 80,992 contracts.
Futures on the CBOE Volatility Index (ticker symbol VIX, futures symbol VX) totaled 78,578 contracts traded during the month, up 97% over the year-ago total of 39,807 contracts. Open interest in VIX futures stood at 49,894 contracts at the end of June, 14% ahead of the previous month. Volume in futures on the CBOE DJIA Volatility Index (ticker symbol VXD, futures symbol DV) was 2,190 contracts, an increase of 25% from May 2007, while volume in futures on the CBOE S&P 500 BuyWrite Index (ticker symbol BXM, futures symbol BX) was 480 contracts, up 427% from May 2007.
June trading volume capped a record-setting quarter at CFE as volume for April, May and June 2007 combined to total 204,488 contracts. Year-to-date, total CFE volume is 356,997 contracts traded for the first six months of 2007, up 151% from last year's volume of 142,501 contracts. Open interest stood at 53,489 contracts at the end of June, 53% ahead of June 2006.
"June was a great finish to a record setting quarter at CFE and we are pleased to see continued growth in overall exchange volume and open interest," said Andrew Lowenthal, Managing Director, CBOE Futures Exchange. "We are excited about the prospects for the second half of the year, beginning with the launch of two new volatility contracts -- futures on the CBOE NASDAQ-100 Volatility Index and the CBOE Russell 2000 Volatility Index -- this Friday, July 6th."
| CBOE
Futures Exchange June 2007 Volume Summary |
|||||
|---|---|---|---|---|---|
| CFE Total Volume |
June 2007 Volume |
% Change vs June 2006 |
% Change vs May 2007 |
Year-To-Date Volume |
% Change vs 2006 |
| Exchange |
81,852 |
+45% |
+1% |
356,997 |
+151% |
| Average Daily Volume |
3,898 |
+52% |
+6% |
2,879 |
+91% |
| Open Interest |
53,489 |
+53% |
+13% |
-- |
-- |
The CBOE Futures Exchange, LLC (CFE) announced today that trading volume during June 2007 totaled 81,852 contracts, an increase of 45% over June 2006's volume of 56,299 contracts. Average daily volume for the month was 3,898 contracts, a new all-time high for CFE, and an increase of 52% from the year-ago average daily volume of 2,559 contracts. June was the second busiest month ever at CFE, trailing only the 82,705 contracts traded during October 2006. For the first time in CFE's history, trading volume exceeded 80,000 contracts in consecutive months as June's volume rose slightly over May's 2006 volume of 80,992 contracts.
Futures on the CBOE Volatility Index (ticker symbol VIX, futures symbol VX) totaled 78,578 contracts traded during the month, up 97% over the year-ago total of 39,807 contracts. Open interest in VIX futures stood at 49,894 contracts at the end of June, 14% ahead of the previous month. Volume in futures on the CBOE DJIA Volatility Index (ticker symbol VXD, futures symbol DV) was 2,190 contracts, an increase of 25% from May 2007, while volume in futures on the CBOE S&P 500 BuyWrite Index (ticker symbol BXM, futures symbol BX) was 480 contracts, up 427% from May 2007.
June trading volume capped a record-setting quarter at CFE as volume for April, May and June 2007 combined to total 204,488 contracts. Year-to-date, total CFE volume is 356,997 contracts traded for the first six months of 2007, up 151% from last year's volume of 142,501 contracts. Open interest stood at 53,489 contracts at the end of June, 53% ahead of June 2006.
"June was a great finish to a record setting quarter at CFE and we are pleased to see continued growth in overall exchange volume and open interest," said Andrew Lowenthal, Managing Director, CBOE Futures Exchange. "We are excited about the prospects for the second half of the year, beginning with the launch of two new volatility contracts -- futures on the CBOE NASDAQ-100 Volatility Index and the CBOE Russell 2000 Volatility Index -- this Friday, July 6th."
CBOE Futures Exchange June 2007 Volume Summary CFETotal Volume June 2007 Volume % Change vsJune 2006 % Change vs May 2007 Year-To-Date Volume % Change vs 2006 Exchange 81,852 +45% +1% 356,997 +151% Average Daily Volume 3,898 +52% +6% 2,879 +91% Open Interest 53,489 +53% +13% -- --
CFE currently offers futures on five different contracts, including: the CBOE Volatility Index (VIX), CBOE S&P 500 3-Month and 12-Month Variance (VT and VA, respectively), CBOE DJIA Volatility Index (VXD), and the CBOE S&P 500 BuyWrite Index (BXM).
On Friday, July 6, 2007, CFE will be launching two new contracts, futures on the CBOE NASDAQ-100 Volatility Index (ticker symbol VXN, futures symbol VN) and the CBOE Russell 2000 Volatility Index (ticker symbol RVX, futures symbol VR), under licensing agreements with The Nasdaq Stock Market, Inc. and The Russell Investment Group, respectively.
CFE, launched in March 2004, is a wholly-owned subsidiary of Chicago Board Options Exchange, Incorporated, offering an all-electronic, open access market model, with traders providing liquidity and making markets. CFE trades are cleared by triple-A rated Options Clearing Corporation (OCC). CBOE Futures Exchange is regulated by the Commodity Futures Trading Commission (CFTC). More information on CFE and its products, including contract specifications, can be found at: http://www.cboe.com/CFE.
