Exchange Volume, March 2004
Total Volume
32,953,769 contracts
+43% vs year-ago (Mar 03)
+20% vs previous month (Feb 04)
Average Daily Volume
1,432,773 contracts
+31% vs year-ago (Mar 03)
-1% vs previous month (Feb 04)
Open Interest
122,643,117 contracts
+37% vs year-ago (Mar 03)
+6% vs previous month (Feb 04)
Year-To-Date Volume
94,591,717 contracts
+48% vs YTD 2003
March highlights at CBOE included:
A new monthly volume record for options on the S&P 500 Index (SPX) was established as March volume totaled 4,382,458 contracts traded, surpassing the previous record of 4,075,164 contracts set in January 2004. SPX is CBOE's most-actively traded index option.
A new monthly volume record for options on the Nasdaq-100 Index Tracking Stock (QQQ) was set with 3,704,550 contracts in March, besting the old record of 2,900,180 from January 2004.
March volume of 328,905 contracts in iShares Russell 2000 Index Fund (IWM) also set a new monthly volume record at CBOE, while the March volume of 94,839 contracts in the Russell 2000 Index (RUT) ranked #2 in all-time RUT monthly volume.
During March, volume in stock option classes (equities) rose 54% as over 19 million contracts traded, while index options rose 31% with nearly 14 million contracts traded.
CBOE, regulated by the Securities and Exchange Commission (SEC), is the creator of listed options, and the world's largest options marketplace. For additional information about the CBOE and its products, access the CBOE website at http://www.cboe.com/.
