The International Securities Exchange (ISE) today reported average daily volume of 2.6 million contracts in September 2010.
Average daily trading volume for all options contracts decreased 30.4% to 2.6 million contracts in September as compared to 3.7 million contracts during the same period in 2009. Total options volume for the month decreased 30.4% to 54.5 million contracts from 78.3 million contracts in the same year-ago period.
On a year-to-date basis, average daily trading volume of all options decreased 24.9% to 3.0 million contracts traded. Total year-to-date options volume through September 2010 decreased 24.9% to 564.8 million contracts from 752.1 million contracts in the same period last year.
Total Options Volume (Equity,
ETF, Index and FX Options)
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Equity and ETF Options Volume
Statistics
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Index Options Volume Statistics
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ISE FX Options® Volume Statistics
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ISE's market share statistics continue to be negatively impacted by dividend trade strategies that are permitted based on a non-economic rationale. These trades temporarily inflate and distort trading volume and market share when transacted.
If the volume from dividend trades were excluded from ISE's data for September 2010, our market share in equity options would increase to 21.2% from 19.2%, an increase of 2.0 market share points. Exclusion of dividend trades from total industry volume data presents a more relevant measure of the relative trends in our business. For ISE's whitepaper on dividend trades and their impact on the options industry, please visit www.ise.com/dividendtrades.
Monthly Highlights
- ISE traded more volume than any other options exchange in 605 of 2,369 issues in its listings.
