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The CBOE Stock Exchange, LLC (CBSX) today reported that trading volume on Friday, August 20 was a record for any day at CBSX. More than 90.8 million shares changed hands, surpassing the previous daily record of 63.7 million shares traded on August 12, 2010.
CBSX, launched in 2007, in July posted an all-time monthly high volume with 598.0 million shares traded.
On August 16, CBSX instituted new pricing in 24 of the most-active, lower-priced securities traded on CBSX. The pricing pays "takers" a substantial rebate -- $0.0014 per share -- to remove liquidity when the security's price is above one dollar and charges "makers" an $0.0018 fee per share.
The CBOE Stock Exchange, LLC (CBSX) offers trading in more than 7,700 equities and exchange traded funds (ETFs) listed on U.S. securities markets. CBSX operates as a facility of Chicago Board Options Exchange (CBOE) and uses CBOE's technology platform, which enables options traders to reduce the cost of equity trading. For equity traders, CBSX provides the opportunity to trade directly with CBOE's equity options order flow. CBSX (www.cbsx.com) is owned by CBOE and a consortium of financial entities.
CBOE, the largest U.S. options exchange and creator of listed options, continues to set the bar for options trading through product innovation, trading technology and investor education. CBOE offers equity, index and ETF options, including proprietary products, such as options on the S&P 500 Index (SPX) and on the CBOE Volatility Index (VIX).
