CBOE Holdings Reports Trading Volume
OREANDA-NEWS. CBOE Holdings, Inc. reported today that July average daily volume (ADV) for options contracts traded on Chicago Board Options Exchange® (CBOE®) and C2 Options Exchange (C2), and futures contracts traded on CBOE Futures Exchange (CFE®) was 4.7 million contracts, a decrease of 2 percent from July 2015 and 9 percent from June 2016.
Trading Volume Highlights: July
- Equity options traded at CBOE had an ADV of 1.4 million contracts in July, an increase of 13 percent from June 2016.
- S&P 500® Index (SPX) options had an ADV of 1.1 million contracts in July, an increase of 7 percent from July 2015.
- SPX options in extended trading hours at CBOE, had an ADV of 2,342 contracts in July, up from 1,781 in June 2016 and 592 in July 2015.
- CBOE Volatility Index® (VIX® Index) futures open interest at CFE reached a new all-time high of 525,144 contracts on July 20, surpassing the previous record of 501,835 contracts on June 7.
Business Developments: July
- On July 29, CBOE announced plans to broaden data distribution on the widely followed MSCI Emerging Markets (MXEF) and MSCI EAFE (MXEA) Indexes.
- On July 11, CBOE announced plans to list SPX Monday-expiring Weeklys options, beginning August 15, pending regulatory approval. With the expected introduction of SPX "Monday Weeklys," which will allow investors to hedge their over-the-weekend risks, CBOE will offer SPX options with Monday, Wednesday and Friday weekly expirations.
- On July 6, CBOE announced that it has created a series of 13 "Enhanced Growth Indexes," the second in a family of options-based strategy performance benchmarks designed to target the outcomes of specific investment strategies. The CBOE S&P 500® Enhanced Growth Indexes measure the performance of a hypothetical portfolio of SPX FLexible EXchange (FLEX®) options designed to provide targeted annual returns.
- On July 1, CBOE Holdings opened its first international business development office in London.
CBOE Holdings, Inc. (NASDAQ: CBOE) is the holding company for Chicago Board Options Exchange (CBOE), CBOE Futures Exchange (CFE), and other subsidiaries. CBOE, the largest U.S. options exchange and creator of listed options, continues to set the bar for options and volatility trading through product innovation, trading technology and investor education. CBOE Holdings offers equity, index and ETP options, including proprietary products, such as options and futures on the CBOE Volatility Index (VIX Index) and S&P 500 options (SPX), the most active U.S. index option. Other products engineered by CBOE include equity options, security index options, Weeklys options, FLEX options, and benchmark products such as the CBOE S&P 500 BuyWrite Index (BXM). CBOE Holdings is home to the world-renowned Options Institute, Livevol options analytics and data tools, and www.cboe.com, the go-to place for options and volatility trading resources.
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