Press Releases

CFE Experiences Busiest Week In Its History

Single-Day Volume Reaches Consecutive Highs on Thursday and Friday, VIX Futures Sets Back-to-Back Daily Trading Records



Chicago ( May 10, 2010) – The CBOE Futures Exchange, LLC ("CFE") today announced that the Exchange set several new trading records during the week ended Friday, May 7, 2010.

From May 3 through May 7, CFE experienced the most active trading week in its history as a total of 155,672 contracts changed hands. This was the second consecutive weekly volume record at CFE, surpassing the week of April 26 through 30 when 80,503 contracts traded.

CFE also set new all-time highs for single-day trading volume last week -- first on Thursday, May 6, as 45,305 contracts traded and then on Friday, May 7, as 46,046 contracts changed hands. Prior to this week, the previous single-day high had been 27,907 contracts traded on August 1, 2007.

Volume in futures based on the CBOE Volatility Index ("VIX") also set back-to-back single-day trading records on Thursday and Friday, May 6 and 7, with 44,728 contracts and 45,976 contracts traded, respectively. These totals exceeded the old record of 27,550 contracts from April 27, 2010.

Last week’s volume pushed CFE’s year-to-date total volume across the one-million contract benchmark. The 1,078,903 contracts traded through Friday, May 7, 2010 (87 trading days), nearly equals the 1,155,318 contracts traded at CFE for all of 2009 (252 trading days).

CFE currently offers futures on four different contracts, including the CBOE Volatility Index (VIX), CBOE mini-VIX (VM), CBOE S&P 500 3-Month Variance (VT) and CBOE S&P 500 12-Month Variance (VA).

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 AAA-rated Options Clearing Corporation ("OCC"). CBOE Futures Exchange is regulated by the Commodity Futures Trading Commission ("CFTC").

 

Reprinted CFE press release.

 

CBOE®, Chicago Board Options Exchange®, CBOEdirect®, CBOE Volatility Index®, VIX®, XEO®, OEX®, CBSX® and CBOE Stock Exchange® are registered trademarks of Chicago Board Options Exchange, Incorporated. SPXSM, XSPSM, MNXSM, GVZSM, EVZSM, OVXSM, BXOSM, RUHSM, VXDSM, VXNSM, RVXSM, VPDSM, VPNSM, VTYSM, VXOSM, and VXVSM are service marks of Chicago Board Options Exchange, Incorporated. CFE® is a registered trademark and CBOE Futures ExchangeSM is a service mark of CBOE Futures Exchange, LLC. Dow Jones®, DJIA®, and DIAMONDS® are registered trademarks of Dow Jones & Company, Inc. Dow Jones Industrial AverageSM and Options on the DowSM are service marks of Dow Jones & Company. CBOE's Options on the Dow based on the Dow Jones Industrial Average and financial products based on the CBOE DJIA Volatility Index are not sponsored, endorsed, marketed or promoted by Dow Jones. S&P®, S&P 100®, S&P 500®, and SPDR are registered trademarks of the McGraw-Hill Companies, Inc. and are licensed for use by the Chicago Board Options Exchange, Incorporated pursuant to a License Agreement. The Russell 2000® Index is a registered trademark of The Frank Russell Company used under license. Nasdaq®, Nasdaq-100®, Nasdaq-100 Index®, and PowerShares QQQ TrustSM are trademarks of The Nasdaq Stock Market, Inc. iShares is a service mark of Barclays Global Investors, N.A. "HOLDRS" and "Holding Company Depositary ReceiptS" are service marks of Merrill Lynch & Co., Inc.