Total trading volume during the month of January 2009 was 41,410 contracts, a decline of two percent from 42,223 contracts traded during December 2008, which contained two additional trading days.When compared to year-ago volume of 96,743 contracts traded, which was the busiest January in CFE history, January 2009 volume was down 57 percent.January 2009 average daily volume of 2,070 contracts was off 55 percent versus 4,607 contracts per day during January 2008.
Average daily volume in January 2009 for VIX futures, based on the CBOE Volatility Index (ticker VX), totaled 2,046 contracts, up eight percent over 1,895 contracts per day last month, while total monthly volume of 40,911 contracts was a decrease of two percent from 41,683 contracts traded in December 2008.When compared to January 2008 total volume of 85,737 contracts and average daily volume of 4,082 contracts, January 2009 VX futures volumes were down 52 percent and 50 percent, respectively.
|
CBOE Futures Exchange January 2009 Volume Summary |
|||
|---|---|---|---|
|
|
Jan 2009 Volume 20 trading days |
% Change vs Jan 2008* 21 trading days |
% Change vs Dec 2008 22 trading days |
|
Exchange |
41,410 |
-57% |
-2% |
|
Average Daily Volume |
2,070 |
-55% |
+8% |
|
NOTE: * January 2008 was the busiest January in CFE history. |
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.
