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CBOE Futures Exchange, LLC Year-Over-Year Volume Increases for Tenth Consecutive Month During July


Published on 2010-08-02 12:35:24 - Market Wire
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CBOE Futures Exchange, LLC Year-Over-Year Volume Increases for Tenth Consecutive Month During July -- CHICAGO, Aug. 2 /PRNewswire/ --

CBOE Futures Exchange, LLC Year-Over-Year Volume Increases for Tenth Consecutive Month During July

Trading Volume Up 3% Versus Previous Month

CHICAGO, Aug. 2 /PRNewswire/ -- The CBOE Futures Exchange, LLC (CFE) today announced that July 2010 trading volume totaled 270,014 contracts, compared to 89,851 contracts during July 2009. July marked the tenth consecutive month in which total volume registered an increase when comparing year-over-year trading activity. July's volume rose three percent from the 261,451 contracts that traded during June 2010.

(Logo:  [ http://photos.prnewswire.com/prnh/20100707/CBOELOGO-b ])

(Logo:  [ http://www.newscom.com/cgi-bin/prnh/20100707/CBOELOGO-b ])

July's average daily volume (ADV) of 12,857 contracts exceeded the year-ago ADV of 4,084 contracts. When compared to 11,884 contracts per day during June, July's ADV was up eight percent.


                          CBOE FUTURES EXCHANGE VOLUME SUMMARY
Current Month

Year-To-Date


July
2010

 July
 2009

%    Chg

June
2010

%    Chg

July
2010

July
2009

%    Chg

Trading Days

21

22


22


145

146


Total CFE

270,014

89,851

+201%

261,451

+3%

1,936,346

392,352

+394%

Total CFE ADV

12,857

4,084

+215%

11,884

+8%

13,354

2,687

+397%




CFE's year-to-date trading volume of 1,936,346 contracts is ahead of the 392,352 contracts for the same period in 2009. Year-to-date ADV is 13,354 contracts, versus the 2,687 contracts per day in 2009.

July volume in VIX futures, based on the CBOE Volatility Index (ticker VX), totaled 269,372 contracts traded, exceeding the 88,941 contracts in July 2009, and was up three percent from the 260,665 contracts in June. ADV in VIX futures during July was 12,827 contracts, compared to the 4,043 contracts per day a year ago and the 11,848 contracts per day from the previous month.

Volume in CBOE mini-VIX futures (ticker VM) totaled 634 contracts for the month, a decline of 25 percent from the 845 contracts traded in July 2009 and down 17 percent from the 760 contracts traded the previous month. CBOE mini-VIX futures contracts are one-tenth the size of CFE's standard CBOE VIX futures contract. Additional information on mini-VIX futures can be found at: [ http://cfe.cboe.com/Products/Products_VM.aspx ].

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, a wholly owned subsidiary of CBOE Holdings, Inc. (NASDAQ: CBOE), offers 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).

More information on CFE and its products, including contract specifications, can be found at: [ www.cboe.com/CFE ].

CBOE®, Chicago Board Options Exchange®, CBOE Volatility Index® and VIX® are registered trademarks of Chicago Board Options Exchange, Incorporated. CFE® is a registered trademark and CBOE Futures Exchange(SM) is a service mark of CBOE Futures Exchange, LLC. 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.

CBOE-FE

This press release contains statements which may be considered forward-looking statements within the meaning of the Securities Exchange Act of 1934, including, without limitation, statements regarding operating strategies, future plans and financial results. Forward-looking statements may be accompanied by words such as "anticipate", "believe", "could", "estimate", "expect", "forecast", "intend", "may", "possible", "predict", "project" or similar words, phrases or expressions. Neither CFE nor CBOE Holdings, Inc. undertakes any obligation to update the information contained herein, which speaks only as of the date of this press release.  More detailed information about factors that may affect CFE's or CBOE Holdings, Inc.'s performance may be found in CBOE Holdings, Inc.'s filings with the Securities and Exchange Commission, including its Quarterly Report on Form 10-Q for the quarter ended March 31, 2010 under the heading "Forward-Looking Statements" and/or "Risk Factors". Such discussions regarding risk factors and forward-looking statements are incorporated herein by reference.

SOURCE CBOE Futures Exchange, LLC

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