Compared to a year ago, July 2009 total volume dipped three percent from 92,565 contracts traded in July 2008.Average daily volume during the month was also off three percent versus 4,208 contracts per day during the same month last year.Year to date, CFE's total volume of 392,352 contracts is 44 percent behind 2008's pace of 701,454 contracts.
|
CBOE Futures Exchange July 2009 Volume Summary |
|||||
|---|---|---|---|---|---|
|
|
July 2009 Volume 22 trading days |
% Change vs July 2008 22 trading days |
% Change vs June 2009 22 trading days |
Year-To Date Volume 146 trading days |
% Change vs 2008 147 trading days |
|
Exchange |
89,851 |
-3% |
+36% |
392,352 |
-44% |
|
Average Daily Volume |
4,084 |
-3% |
+36% |
2,687 |
-43% |
July 2009 volume in VIX futures, based on the CBOE Volatility Index (ticker VX), totaled 88,941 contracts, an increase of 37 percent from 65,007 contracts traded during the previous month, while also up four percent from 85,931 contracts traded in July 2008.July's average daily volume in VIX futures was 4,043 contracts, 37 percent above 2,955 contracts per day in June, and four percent higher than 3,906 contracts per day from a year ago.
Volume in CFE's newest contract, the CBOE mini-VIX futures (ticker symbol VM), totaled 845 contracts traded during July, 30 percent below 1,202 contracts in June.CBOE mini-VIX futures contracts are one-tenth the size of CFE's standard CBOE VIX futures contract.CBOE mini-VIX futures were launched in March 2009.Additional information on mini-VIX futures can be found at: http://cfe.cboe.com/Products/Products_VM.aspx.
CFE currently offers futures on six different contracts, including: the CBOE Volatility Index (VIX), CBOE DJIA Volatility Index (VXD), CBOE Nasdaq-100 Volatility Index (VXN), CBOE Russell 2000 Volatility Index (RVX) and CBOE S&P 500 3-Month and 12-Month Variance (VT and VA, respectively).
CFE, launched in March 2004, is a wholly owned subsidiary of Chicago Board Options Exchange, Incorporated, offering an all-electronic, open-access market model, with traders providing liquidity and making markets. CFE trades are cleared by the triple-A-rated Options Clearing Corporation (OCC). CBOE Futures Exchange is regulated by the Commodity Futures Trading Commission (CFTC).
More information on CFE and its products, including contract specifications, can be found at: www.cboe.com/CFE.
