Welcome!

News Feed Item

CBOE Holdings Reports August 2014 Trading Volume

- ADV Up 10% Year to Date, Up 2% from August 2013

CHICAGO, Sept. 2, 2014 /PRNewswire/ -- CBOE Holdings, Inc. (NASDAQ: CBOE) reported today that August 2014 trading volume for options contracts on Chicago Board Options Exchange® (CBOE®) and C2 Options ExchangeSM (C2SM) and futures contracts on CBOE Futures ExchangeSM (CFE®) totaled 99.10 million contracts. Average daily volume (ADV) was 4.72 million contracts, a two-percent increase from August 2013 and a five-percent decrease from July 2014.

CBOE Holdings, Inc. logo.

CBOE Holdings' year-to-date ADV was 5.12 million contracts, 10 percent ahead of the same period one year ago.

August was the most active month ever for futures on the CBOE Volatility Index® (VIX® index), surpassing previous monthly volume and ADV records. VIX futures ADV increased 37 percent from a year earlier.

CBOE Holdings Consolidated Trading Volume

Year To Date

(Contracts in thousands)

Aug-14

Aug-13

% Chg

Jul-14

% Chg

Aug-14

Aug-13

% Chg

Trading Days

21

22


22


167

168


Total Contracts  (options & futures)

99,104.8

101,716.9

-3%

108,885.7

-9%

855,238.2

779,211.3

10%

Total Options Contracts (CBOE & C2)

94,538.6

98,189.2

-4%

104,543.6

-10%

823,504.3

751,962.9

10%

Total Futures Contracts (CFE)

4,566.2

3,527.7

29%

4,342.1

5%

31,733.9

27,248.4

16%










Total ADV (options & futures)

4,719.2

4,623.5

2%

4,949.4

-5%

5,121.2

4,638.2

10%

Total Options ADV    (CBOE & C2)

4,501.8

4,463.2

1%

4,752.0

-5%

4,931.2

4,476.0

10%

Total Futures ADV (CFE)

217.4

160.3

36%

197.4

10%

190.0

162.2

17%

CBOE Trading Volume and Market Share

CBOE Trading Volume:

  • CBOE's August ADV was 4.19 million contracts, even with August 2013 and a six-percent decrease from July 2014.
  • Index options ADV was 1.52 million contracts, a 12-percent increase from August 2013 and a six-percent increase from July 2014.
  • Exchange traded product (ETP) options ADV was 1.09 million contracts, a two-percent decrease from August 2013 and even with July 2014.
  • Equity options ADV was 1.58 million contracts, a seven-percent decrease from August 2013 and a 17-percent decrease from July 2014.
  • The five most actively traded index and ETP options at CBOE in August were options on S&P 500® Index (SPX), CBOE Volatility Index® (VIX® Index), Standard & Poor's Depositary Receipt (SPY), iShares Trust - Russell 2000® Index Fund (IWM) and iPath S&P 500 VIX Short-Term Futures ETN (VXX).

CBOE Trading Volume Current Month

Year To Date

(contracts in thousands)

Aug-14

Aug-13

% Chg

Jul-14

% Chg

Aug-14

Aug-13

% Chg

Trading Days

21

22


22


167

168


Total Exchange

88,020.6

91,948.5

-4%

97,665.5

-10%

773,700.5

699,796.1

11%

Total Exchange ADV

4,191.5

4,179.5

--

4,439.3

-6%

4,632.9

4,165.5

11%

Equity Options

33,160.5

37,329.6

-11%

42,011.1

-21%

316,079.1

264,537.1

19%

Equity Options ADV

1,579.1

1,696.8

-7%

1,909.6

-17%

1,892.7

1,574.6

20%

Index Options

31,934.6

29,996.6

6%

31,527.7

1%

262,707.1

247,573.6

6%

Index Options ADV

1,520.7

1,363.5

12%

1,433.1

6%

1,573.1

1,473.7

7%

ETP Options

22,925.5

24,622.3

-7%

24,126.7

-5%

194,914.3

187,685.4

4%

ETP Options ADV

1,091.7

1,119.2

-2%

1,096.7

--

1,167.1

1,117.2

4%

Expanded August 2014 and year-to-date volume information for CBOE index and ETP options is available at: www.cboe.com/data/monthlyvolume.aspx.

CBOE Market Share:

CBOE's market share of total U.S. options industry volume was 27.5 percent in August 2014, a decrease of 1.1 percentage points from August 2013 and unchanged from July 2014.

CBOE Market Share Current Month

Year To Date


Aug-14

Aug-13

% Pt. Chg

Jul-14

% Pt. Chg

Aug-14

Aug-13

% Pt. Chg

Total Exchange

27.5%

28.6%

-1.1%

27.5%

--

28.0%

25.4%

2.6%

Equity Options

18.6%

21.1%

-2.5%

20.0%

-1.4%

20.5%

17.6%

2.9%

Index Options

96.8%

97.5%

-0.7%

95.5%

1.3%

96.5%

96.1%

0.4%

ETP Options

21.1%

21.6%

-0.5%

21.5%

-0.4%

20.7%

18.8%

1.9%

C2 Trading Volume and Market Share

C2 Trading Volume:

C2's August trading volume totaled 6.52 million contracts. ADV was 310,379 contracts, a nine-percent increase from August 2013 and a one-percent decrease from July 2014.

C2 Trading Volume Current Month

Year To Date

(contracts in thousands)

Aug-14

Aug-13

% Chg

Jul-14

% Chg

Aug-14

Aug-13

% Chg

Trading Days

21

22


22


167

168


Total Exchange

6,518.0

6,240.8

4%

6,878.1

-5%

49,803.9

52,166.9

-5%

Total Exchange ADV

310.4

283.7

9%

312.6

-1%

298.2

310.5

-4%

Equity Options

906.8

1,217.5

-26%

985.4

-8%

6,803.0

10,764.8

-37%

Equity Options ADV

43.2

55.4

-22%

44.8

-4%

40.7

64.1

-36%

Index Options*

38.6

--

--

40.3

-4%

287.6

136.3

nm

Index Options ADV*

1.8

--

--

1.8

--

1.7

0.8

nm

ETP Options

5,572.6

5,023.3

11%

5,852.4

-5%

42,713.3

41,265.8

4%

ETP Options ADV

265.4

228.3

16%

266.0

0%

255.8

245.6

4%

*Russell 2000 Index options began trading on C2 on September 3, 2013.  2013 year-to-date index options include SPXpmSM, which traded on C2 until it was moved to CBOE on February 17, 2013.

nm – not meaningful

C2 Market Share:

C2 market share of total industry volume in August 2014 was 2.0 percent, an increase of 0.1 of a percentage point from both August 2013 and July 2014.

C2  Market Share Current Month

Year To Date


Aug-14

Aug-13

% Pt. Chg

Jul-14

% Pt. Chg

Aug-14

Aug-13

% Pt. Chg

Total Exchange

2.0%

1.9%

0.1%

1.9%

0.1%

1.8%

1.9%

-0.1%

Equity Options

0.5%

0.7%

-0.2%

0.5%

--

0.4%

0.7%

-0.3%

Index Options

0.1%

--

nm

0.1%

--

0.1%

0.1%

--

ETP Options

5.1%

4.4%

0.7%

5.2%

-0.1%

4.5%

4.1%

0.4%

nm – not meaningful

CBOE Futures Exchange (CFE) Trading Volume and Highlights

·August was the most active month ever in terms of total volume and ADV for CFE and VIX futures.

  • Average daily volume in VIX futures was a record 216,996 contracts in August, an increase of 37 percent from August 2013 and an increase of 10 percent from July 2014. 
  • Trading volume in VIX futures outside of regular U.S. trading hours averaged nearly 22,000 contracts per day, approximately 10 percent of CFE's total daily trading volume.
  • On August 1, CFE reported record trading volume in VIX futures during non-U.S. trading hours, with an estimated 68,033 contracts changing hands overnight. The record surpassed the previous record in non-U.S. trading hours of 59,505 contracts set on July 10, 2014.

CBOE Holdings Average Revenue Per Contract 

The following represents the average revenue per contract based on a three-month rolling average, reported on a one-month lag.  The average revenue per contract represents total transaction fees for CBOE, C2 and CFE recognized for the period divided by total contracts traded on all three exchanges during the period.  Average revenue per contract can be affected by various factors, including exchange fee rates, volume-based discounts and transaction mix by contract type and product type.

(In Dollars)

               Three-Month Period Ended

Product:

Jul-14

Jun-14

May-14

Apr-14

Equity Options

$0.074

$0.079

$0.081

$0.082

Index Options

$0.671

$0.670

$0.674

$0.674

ETP Options

$0.112

$0.111

$0.113

$0.113

     Total Options Average Revenue Per Contract

$0.275

$0.275

$0.275

$0.277

Futures

$1.651

$1.639

$1.616

$1.610

     Total Average Revenue Per Contract

$0.324

$0.322

$0.321

$0.325

About CBOE Holdings

CBOE Holdings, Inc. (NASDAQ: CBOE) is the holding company for Chicago Board Options Exchange, Incorporated (CBOE), CBOE Futures Exchange, LLC (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 S&P 500 options (SPX), the most active U.S. index option, and options and futures on the CBOE Volatility Index (the VIX Index). Other products engineered by CBOE include equity options, security index options, Weeklys options, LEAPS 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 and www.cboe.com, the go-to place for options and volatility trading resources.

CBOE-V

CBOE-2

CBOE-EF

CBOE®, Chicago Board Options Exchange®, CFE®, Execute Success®, FLEX®, LEAPS®, CBOE Volatility Index® and VIX® are registered trademarks, and BuyWriteSM, BXMSM, CBOE Futures ExchangeSM, SPXSM, SPXpmSM, The Options Institute and Weeklys are service marks of Chicago Board Options Exchange, Incorporated (CBOE). C2SM and C2 Options ExchangeSM are service marks of C2 Options Exchange, Incorporated (C2). Russell 2000® is a registered trademark of Frank Russell Company, used under license. Standard & Poor's®, S&P® and S&P 500® are registered trademarks of Standard & Poor's Financial Services, LLC and have been licensed for use by CBOE, C2 and CFE. All other trademarks and service marks are the property of their respective owners.

 

 

SOURCE CBOE Holdings, Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that T-Mobile will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on ...
SYS-CON Events announced today that Infranics will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Since 2000, Infranics has developed SysMaster Suite, which is required for the stable and efficient management of ICT infrastructure. The ICT management solution developed and provided by Infranics continues to add intelligence to the ICT infrastructure through the IMC (Infra Management Cycle) based on mathemat...
MongoDB Atlas leverages VPC peering for AWS, a service that allows multiple VPC networks to interact. This includes VPCs that belong to other AWS account holders. By performing cross account VPC peering, users ensure networks that host and communicate their data are secure. In his session at 20th Cloud Expo, Jay Gordon, a Developer Advocate at MongoDB, will explain how to properly architect your VPC using existing AWS tools and then peer with your MongoDB Atlas cluster. He'll discuss the secur...
Historically, some banking activities such as trading have been relying heavily on analytics and cutting edge algorithmic tools. The coming of age of powerful data analytics solutions combined with the development of intelligent algorithms have created new opportunities for financial institutions. In his session at 20th Cloud Expo, Sebastien Meunier, Head of Digital for North America at Chappuis Halder & Co., will discuss how these tools can be leveraged to develop a lasting competitive advanta...
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 20th Cloud Expo, which will take place on June 6-8, 2017 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 add...
Most companies are adopting or evaluating container technology - Docker in particular - to speed up application deployment, drive down cost, ease management and make application delivery more flexible overall. As with most new architectures, this dream takes a lot of work to become a reality. Even when you do get your application componentized enough and packaged properly, there are still challenges for DevOps teams to making the shift to continuous delivery and achieving that reduction in cost ...
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
SYS-CON Events announced today that SD Times | BZ Media has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. BZ Media LLC is a high-tech media company that produces technical conferences and expositions, and publishes a magazine, newsletters and websites in the software development, SharePoint, mobile development and commercial UAV markets.
In his session at Cloud Expo, Alan Winters, an entertainment executive/TV producer turned serial entrepreneur, will present a success story of an entrepreneur who has both suffered through and benefited from offshore development across multiple businesses: The smart choice, or how to select the right offshore development partner Warning signs, or how to minimize chances of making the wrong choice Collaboration, or how to establish the most effective work processes Budget control, or how to max...
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
"I think that everyone recognizes that for IoT to really realize its full potential and value that it is about creating ecosystems and marketplaces and that no single vendor is able to support what is required," explained Esmeralda Swartz, VP, Marketing Enterprise and Cloud at Ericsson, in this SYS-CON.tv interview at @ThingsExpo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
After more than five years of DevOps, definitions are evolving, boundaries are expanding, ‘unicorns’ are no longer rare, enterprises are on board, and pundits are moving on. Can we now look at an evolution of DevOps? Should we? Is the foundation of DevOps ‘done’, or is there still too much left to do? What is mature, and what is still missing? What does the next 5 years of DevOps look like? In this Power Panel at DevOps Summit, moderated by DevOps Summit Conference Chair Andi Mann, panelists l...
My team embarked on building a data lake for our sales and marketing data to better understand customer journeys. This required building a hybrid data pipeline to connect our cloud CRM with the new Hadoop Data Lake. One challenge is that IT was not in a position to provide support until we proved value and marketing did not have the experience, so we embarked on the journey ourselves within the product marketing team for our line of business within Progress. In his session at @BigDataExpo, Sum...
Virtualization over the past years has become a key strategy for IT to acquire multi-tenancy, increase utilization, develop elasticity and improve security. And virtual machines (VMs) are quickly becoming a main vehicle for developing and deploying applications. The introduction of containers seems to be bringing another and perhaps overlapped solution for achieving the same above-mentioned benefits. Are a container and a virtual machine fundamentally the same or different? And how? Is one techn...