- Total CFE Volume: 3.75 Million Contracts
- VIX Futures ADV Down 4% From Year Ago
The CBOE Futures Exchange, LLC (CFE®) today reported that April 2014 average daily volume (ADV) and total monthly volume in futures on the CBOE Volatility Index® (VIX® Index) and total exchange-wide at CFE were down slightly from year ago levels.
VIX Futures
Average daily volume in VIX futures was 178,167 contracts during April, a four-percent decrease from April 2013 and a three-percent decrease from March. April total trading volume in VIX futures was 3.74 million contracts, an eight-percent decrease from April 2013 and a three-percent decrease from March. Year-to-date, VIX futures total volume of 16.12 million contracts and ADV of 196,565 contracts per day are both ahead of YTD 2013 by 22 percent.
|
CFE Monthly Volume Summary |
Year-To-Date |
|||||||
|
April 2014 |
April 2013 |
% Chg |
March 2014 |
% Chg |
April 2014 |
April 2013 |
% Chg |
|
|
Trading Days |
21 |
22 |
21 |
82 |
82 |
|||
|
VIX Index Futures |
||||||||
|
Total |
3,741,500 |
4,069,630 |
-8% |
3,855,851 |
-3% |
16,118,325 |
13,237,820 |
22% |
|
ADV |
178,167 |
184,983 |
-4% |
183,612 |
-3% |
196,565 |
161,437 |
22% |
|
CFE Total Exchange |
||||||||
|
Total |
3,747,193 |
4,069,630 |
-8% |
3,861,118 |
-3% |
16,138,927 |
13,313,892 |
21% |
|
ADV |
178,438 |
184,983 |
-4% |
183,863 |
-3% |
196,816 |
162,365 |
21% |
Total CFE
Exchange-wide ADV during April was 178,438 contracts, a four-percent decrease from a year ago and a three-percent decrease from March. Exchange-wide total volume during the month was 3.75 million contracts, an eight-percent decrease from April 2013 and a three-percent decrease from March.
VIX Futures 24-Hour Trading in June
CFE recently announced plans to extend VIX futures trading hours to nearly 24 hours a day, five days a week, beginning Sunday, June 22, 2014, pending regulatory review. The trading week for VIX futures at CFE will begin each Sunday at 5:00 p.m. CT and end on Friday at 3:15 p.m. CT. CFE will close for 15 minutes between 3:15 p.m. CT and 3:30 p.m. CT on Monday through Thursday, when no trading will be transacted. The new trading day on those days will then begin at 3:30 p.m. CT. See the press release for additional information.
