The total trading volume since the inception of the CBOE Futures Exchange, LLC (CFE) has reached 100,096 contracts traded, surpassing the 100,000 contract benchmark.
“As volume and open interest continue to build, it is clear that investors are incorporating CFE’s innovative products into their investment strategies,” said Patrick Fay, Managing Director, CBOE Futures Exchange. “We are proud of the acceptance that CFE has received from investors over the last ten months and look forward to 2005 as we continue to introduce unique, new products to the marketplace.”
The CFE is a new, all-electronic futures exchange offering futures on the CBOE Volatility Index (VIX), CBOE S&P 500 Three-Month Variance (VT), CBOE China Index (CX), and beginning Friday, February 4, 2005, futures on the Russell 1000 Index (RN) and Mini-Russell 2000 Index (RT). Launched on March 26 2004, the CFE is a subsidiary of Chicago Board Options Exchange, Incorporated.