CBOE Holdings, Inc. (Nasdaq: CBOE) today announced that trading in SPXpm options at the C2 Options Exchange (C2) reached a new high of 38,225 contracts on Wednesday, March 14. Yesterday's volume more than doubled the previous high of 18,965 contracts on November 17, 2011.
C2's SPXpm product is an all-electronic, cash-settled index option based on the S&P 500 Index, the premier benchmark of the broader U.S. market. SPXpm is similar in structure to CBOE's flagship S&P 500 SPX contract, the most actively-traded U.S. index options product, except it has a "p.m." settlement - the settlement convention found in the OTC market. SPXpm also features European exercise, which eliminates the risk of early assignment.
For more information about SPXpm options on C2 Options Exchange, please visit www.cboe.com/SPXpm.
