The CBOE Futures Exchange, LLC (CFE) announced that May 4’s trading volume set a new single-day record with reported volume of 4,531 futures contracts.
The new daily record was led by volume in futures on the CBOE Volatility Index (VIX), which also set a new single day record of 4,004 contracts. The previous CFE volume record was set on April 18, 2005, when 2,630 total contracts traded. The previous high volume for VIX futures was 2,132 contracts traded on February 3, 2005. Total open interest at CFE stood at 14,216 contracts at today’s open.
CFE, which launched on March 26, 2004, is an all-electronic futures exchange offering futures on the CBOE Volatility Index (VIX), CBOE S&P 500 Three-Month Variance (VT), the CBOE China Index (CX), Russell 1000 Index (RN) and Mini-Russell 2000 Index (RT). CBOE launched futures on the CBOE DJIA Volatilty Index (VXD) on April 25, 2005.