CBOE And CFE Release February Volumes

The CBOE Futures Exchange, LLC (CFE) announced that average daily volume during the month of February 2009 was 2,160 contracts, an increase of 4% over the previous month when 2,070 contracts per day changed hands. Total trading volume during February

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The CBOE Futures Exchange, LLC (CFE) announced that average daily volume during the month of February 2009 was 2,160 contracts, an increase of 4% over the previous month when 2,070 contracts per day changed hands.

Total trading volume during February 2009 was 41,051 contracts, a decline of 1% from 41,410 contracts traded during January 2009. When compared to year-ago volume of 80,948 contracts traded, which was the busiest February in CFE history, February 2009 volume was down 49%. February 2009 average daily volume of 2,160 contracts was off 47% versus 4,047 contracts per day during February 2008.

February 2009 volume in VIX futures, based on the CBOE Volatility Index (ticker VX), totaled 40,764 contracts, essentially unchanged from the 40,911 contracts traded during the previous month, while February’s average daily volume of 2,145 VIX futures contracts was up five percent over January’s 2,046 contracts per day. When compared to February 2008 total volume of 71,893 contracts and average daily volume of 3,595 contracts, February 2009 VX futures volumes were down 43% and 40%, respectively.

The Chicago Board Options Exchange (CBOE) reported that 80,670,249 contracts changed hands at the Exchange in February. Daily volume averaged 4.2 million contracts, up 8% from February 2008 and 2% from January 2009.

Equity options volume at CBOE totaled 43.7 million contracts; average daily volume of 2.3 million contracts reflected a 14% increase over the same period a year ago and a 2% decrease from January 2009. ETF options monthly volume totaled 21.3 million contracts and averaged 1.1 million contracts per day, a 4% increase over February 2008 and a 12% increase over January. CBOE cash-settled index options volume at 15.8 million contracts in February averaged 829,306 contracts per day, down two percent from February 2008 but on par with January 2009 average daily volume.

Expanded information on February volume for index options and ETF options is available at http://www.cboe.com/data/monthlyvolume.aspx.

D.C.

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