CBOE Releases October Trade Volume Statistics

The Chicago Board Options Exchange (CBOE) said October trading volume at CBOE was nearly 50 million contracts, up 49% over October 2004. Bolstered by six of the eight highest single trading days on record at CBOE, October was the busiest

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The Chicago Board Options Exchange (CBOE) said October trading volume at CBOE was nearly 50 million contracts, up 49% over October 2004.

Bolstered by six of the eight highest single trading days on record at CBOE, October was the busiest month in its 32-year history. Year-to-date, CBOE’s volume of 384.6 million contracts traded has already surpassed 2004’s total volume of 361.1 million contracts, which was the all-time annual volume record at CBOE.

At CBOE Futures Exchange (CFE), October volume totaled 15,622 contracts traded, up 147% over September 2005. At the end of October, open interest stood at 15,276 contracts, an increase of 22% compared to the end of September 2005. On Friday, October 28th, CFE introduced new “Gas At The Pump” (GAPP) futures contracts.

CBOE said highlights in October included volume in index options was 21.9 million contracts, an increase of 86% over October 2004, while volume in stock option classes rose 28% over last year as 27.7 million contracts were traded.

Additionally, the week of October 17-21 saw, in succession, the fourth, third and second busiest trading days in CBOE history: 3,083,451 contracts, 10/19; 3,247,509 contracts, 10/20; and 3,516,387 contracts, 10/21.

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