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Trading volume during September totaled 149,418 contracts, an increase of 76 percent over the September 2007 volume of 84,680 contracts traded.When compared to the volume of 91,218 contracts traded during the previous month, September 2008 volume was up 64 percent.
To date, September 2008 ranks as the most active month this year and the third busiest trading month in CFE history, trailing only the 189,408 contracts traded in November 2007 and the 183,173 contracts from August 2007.
Year to date, 2008 trading volume is 26 percent ahead of the same period from a year ago.Through the end of September, total trading volume at CFE stands at 942,090 contracts, compared to 746,090 contracts through September 2007, which was a record period at CFE.Year-to-date average daily volume through the end of September stands at 4,985 contracts, 25 percent above the 3,989 contracts per day from 2007.
Monthly volume in VIX futures, based on the CBOE Volatility Index (ticker VX), totaled 143,315 contracts, up 86 percent from the 76,864 contracts traded last year and 67 percent above the 85,591 contracts traded during August.Average daily volume in VIX futures during September 2008 was 6,824 contracts, an increase of 69 percent from the 4,045 contracts per day a year ago.
Volume in futures on the CBOE DJIA Volatility Index (ticker DV) totaled 3,407 contracts during September, an increase of 38 percent from the previous monthly volume of 2,472 contracts traded.Volume in the CBOE Russell 2000 Volatility Index futures, RVX, (ticker VR) totaled 1,670 contracts during the month, off 36 percent from the August 2008 volume of 2,625 contracts.
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CBOE Futures Exchange September 2008 Volume Summary |
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|---|---|---|---|---|---|
|
|
Sep 2008 Volume 21 trading days |
% Change vs Sep 2007 19 trading days |
% Change vs Aug 2008 21 trading days |
Year-To-Date Volume 189 trading days |
% Changevs 2007 187 trading days |
|
Exchange |
149,418 |
+76% |
+64% |
942,090 |
+26% |
|
Average Daily Volume |
7,115 |
+60% |
+64% |
4,985 |
+25% |
CFE currently offers futures on seven 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), CBOE S&P 500 3-Month and 12-Month Variance (VT and VA, respectively), and the CBOE S&P 500 BuyWrite Index (BXM).
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.
