November Is Busiest Month Ever At CBOE Futures Exchange - November Trading Increases 303% Over Year-Ago, Year-To-Date Volume Surpasses One Million Contract Mark For First Time

The CBOE Futures Exchange, LLC (CFE) announced today that trading volume during November 2007 totaled 189,408 contracts, an increase of 303% over November 2006's volume of 47,037 contracts. November's average daily volume was 9,019 contracts, compared to the year-ago average daily volume of 2,240 contracts. November 2007 was the busiest month on record at CFE -- surpassing the previous high of 183,173 contracts traded in August 2007 -- and marked the third time in the last five months that trading activity at CFE has set a new all-time record for monthly volume.

Monthly volume in VIX futures, which are based on the CBOE Volatility Index (ticker VX), totaled a new record of 173,864 contracts, a 305% rise over the same time period last year with a volume of 42,959 contracts. November's record volume topped the previous high of 163,079 VIX futures contracts traded in August 2007. Average daily volume in VIX futures during November was 8,279 contracts, versus the 2,046 contracts from November 2006.

Volume in futures on the CBOE DJIA Volatility Index (ticker DV) totaled 9,113 contracts traded during November, increasing 160% over the year-ago total of 3,501 contracts. Trading activity in the CBOE Russell 2000 Volatility Index futures, RVX, (ticker VR) totaled 5,382 contracts, up 12% over October 2007's trading volume of 4,804 contracts. VR futures were launched on July 6, 2007.

CBOE Futures Exchange November 2007 Volume Summary
	November 2007 Volume	% Change vs Nov 2006	% Change vs Oct 2007	Year-To-Date Volume	% Change vs 2006
Exchange	189,408	+303%	+75%	1,043,652	+140%
Average Daily Volume	9,019	+303%	+92%	4,518	+140%
Open Interest	65,305	+56%	-19%	--	--

For the first time ever, CFE's total year-to-date volume has exceeded the one million contracts traded benchmark as 1,043,652 contracts have traded through the end of November 2007. CFE's record year-to-date volume in 2007 is up 140% from November 2006's year-to-date volume of 435,166 contracts. Open interest stood at 65,305 contracts at the end of November, 56% ahead of November 2006.

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 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.