The Chicago Board Options Exchange (CBOE) announced that Thursdays daily trading volume in CBOE Volatility Index (VIX) options reached an estimated all-time record of 712,315 contracts. This surpasses the previous daily volume record of 426,661 VIX options contracts traded on September 16, 2008.
Additionally, during November 2009, CBOE Volatility Index (VIX) options trading volume reached an all-time monthly high as 4,162,388 contracts changed hands, an average daily volume of 208,119 contracts, up 191 percent from November 2008. Year to date through November, almost 29 million VIX options have traded, making VIX options the second-most-actively traded index option at CBOE.
The CBOE Volatility Index options contract launched for trading in 2006, following the introduction of VIX futures in 2004.
Chicago Board Options Exchange (CBOE), the largest U.S. options exchange and creator of listed options, continues to set the bar for options trading through product innovation, trading technology and investor education. CBOE offers equity, index and ETF options, including proprietary products, such as S&P 500 options (SPX), the most active U.S. index option, and options on the CBOE Volatility Index (VIX), the worlds barometer for market volatility. Other groundbreaking products engineered by CBOE include equity options, security index options, LEAPS, FLEX options, and benchmark products, such as the CBOE BuyWrite Index (BXM).
CBOEs Hybrid Trading System incorporates electronic and open-outcry trading, enabling customers to choose their trading method. CBOEs Hybrid is powered by CBOEdirect, a proprietary, state-of-the-art electronic platform that also supports the CBOE Futures Exchange (CFE), CBOE Stock Exchange (CBSX) and OneChicago. CBOE is home to the world-renowned Options Institute and www.cboe.com, named Best of the Web for options information and education.
CBOE is regulated by the Securities and Exchange Commission (SEC), with all trades cleared by the AAA-rated Options Clearing Corporation (OCC).
D.C.