Welcome!

Adobe Flex Authors: Matthew Lobas, PR.com Newswire, Shelly Palmer, Kevin Benedict

News Feed Item

CBOE Holdings Reports October 2012 Consolidated Trading Volume

-- VIX Futures Volume Totaled Busiest Month Ever

CHICAGO, Nov. 1, 2012 /PRNewswire/ -- CBOE Holdings, Inc. (NASDAQ: CBOE) reported today that October 2012 consolidated trading volume for options contracts on the Chicago Board Options Exchange® (CBOE®) and C2 Options ExchangeSM (C2SM) and futures contracts on CBOE Futures ExchangeSM (CFE®) totaled 85.8 million contracts.  The exchanges were closed for two days -- October 29 and 30 -- due to equity exchange closures caused by Hurricane Sandy.

(Logo: http://photos.prnewswire.com/prnh/20121022/MM97794LOGO-a)

  • October 2012 average daily volume (ADV) for the three exchanges, combined, was 4.1 million contracts, a 19-percent decrease from 5.0 million contracts ADV in October 2011, and a 16-percent decrease from nearly 4.9 million contracts ADV in September 2012.
  • Year to date through October, consolidated ADV for the three exchanges was 4.6 million contracts, down eight percent from 5.0 million contracts ADV for the same period a year ago.

CBOE Holdings Consolidated Trading Volume

Year-To-Date

(trades in thousands)

 Oct 2012

 Oct 2011

% Chg

Sep 2012

% Chg

 Oct 2012

 Oct 2011

% Chg

Trading Days

21

21


19


209

210


Total Contracts  - Options and Futures

85,838.9

106,059.3

-19%

92,870.4

-8%

964,401.6

1,058,319.9

-9%

Total Options Contracts (CBOE & C2)

83,389.5

105,160.9

-21%

90,459.9

-8%

945,706.1

1,047,717.6

-10%

Futures Contracts

2,449.4

898.4

173%

2,410.5

2%

18,695.5

10,602.3

76%










Total ADV - Options and Futures

4,087.6

5,050.4

-19%

4,887.9

-16%

4,614.4

5,039.6

-8%

Total Options ADV (CBOE & C2)

3,970.9

5,007.7

-21%

4,761.0

-17%

4,524.9

4,989.1

-9%

Futures ADV

116.6

42.8

173%

126.9

-8%

89.5

50.5

77%

CBOE Trading Volume and Market Share

CBOE Trading Volume:

  • October ADV at CBOE was 3.8 million contracts, down 18 percent from September 2012 ADV of 4.6 million contracts and down 21 percent from 4.7 million contracts ADV in October 2011. Year to date through October, ADV was 4.3 million contracts, down nine percent from the same period in 2011.
  • The five most actively traded index and ETF options at CBOE during October were S&P 500® Index options (SPXSM), CBOE Volatility Index® (VIX® Index) options, Standard & Poor's Depositary Receipts (SPY) options, PowerShares QQQ Trust (QQQ) options and iShares Trust Russell 2000 Index Fund (IWM) options.

CBOE Trading Volume Current Month

Year-To-Date

(trades in thousands)

Oct

2012

Oct

2011

%

Chg

Sep

2012

Chg

Oct

2012

Oct

2011

%

Chg

Trading Days

21

21


19


209

210


Total Exchange

79,104.3

99,532.7

-21%

86,948.4

-9%

903,762.4

997,385.5

-9%

Total Exchange ADV

3,766.9

4,739.7

-21%

4,576.2

-18%

4,324.2

4,749.5

-9%

Equity Options

35,050.9

38,681.4

-9%

38,213.5

-8%

414,017.2

434,218.0

-5%

Equity Options ADV

1,669.1

1,842.0

-9%

2,011.2

-17%

1,980.9

2,067.7

-4%

Index Options

24,872.9

29,298.8

-15%

26,394.3

-6%

247,889.1

273,963.4

-10%

Index Options ADV

1,184.4

1,395.2

-15%

1,389.2

-15%

1,186.1

1,304.6

-9%

ETF Options

19,180.4

31,552.6

-39%

22,340.6

-14%

241,856.1

289,204.0

-16%

ETF Options ADV

913.4

1,502.5

-39%

1,175.8

-22%

1,157.2

1,377.2

-16%

Expanded October 2012 volume information for CBOE index and ETF options is available at: www.cboe.com/data/monthlyvolume.aspx.

CBOE Market Share:

CBOE October market share was 24.4 percent, down 1.1 percentage points from October 2011 and down two percentage points from September 2012.  If the volume from dividend trades was excluded from industry data for October 2012, CBOE's total market share would be 25.4 percent.

Exclusion of dividend trades from total industry volume data presents a more relevant measure of the relative trends in the options business.

CBOE Market Share Current Month

Year-To-Date


 Oct 2012

 Oct 2011

% Pt. Chg

 Sep 2012

% Pt. Chg

 Oct 2012

 Oct 2011

% Pt. Chg

Total Exchange

24.4%

25.5%

-1.1%

26.4%

-2.0%

26.9%

25.6%

1.3%

Total Exchange                            (excl. dividend trades)

25.4%

25.7%

-0.3%

27.5%

-2.1%

28.1%

26.3%

1.8%

Equity Options

17.9%

19.6%

-1.7%

21.2%

-3.3%

21.6%

20.7%

0.9%

Equity Options                       (excl. dividend trades)

20.4%

20.6%

-0.2%

23.8%

-3.4%

23.9%

22.1%

1.8%

Index Options

94.5%

95.0%

-0.5%

93.6%

0.9%

94.1%

94.8%

-0.7%

Index Options 

 (excl. dividend trades)

93.9%

94.9%

-1.0%

93.2%

0.7%

93.8%

94.8%

-1.0%

ETF Options

18.8%

19.3%

-0.5%

18.5%

0.3%

20.6%

19.2%

1.4%

ETF Options           

(excl. dividend trades)

18.8%

19.4%

-0.6%

18.5%

0.3%

20.8%

19.4%

1.4%

C2 Options Exchange Trading Volume and Market Share

C2 Trading Volume:

In October 2012, ADV on C2 Options Exchange was 204,100 contracts, up 10 percent from September 2012 ADV of 184,800 contracts and down 24 percent from 268,000 contracts ADV in October 2011.

C2 Trading Volume Current Month

Year-To-Date

(trades in thousands)

Oct

2012

Oct

2011

%

Chg

Sep

2012

%

 Chg

Oct

2012

Oct

2011

%

Chg

Trading Days

21

21


19


209

210


Total Exchange

4,285.2

5,628.1

-24%

3,511.5

22%

41,943.8

44,100.0

-5%

Total Exchange ADV

204.1

268.0

-24%

184.8

10%

200.7

210.0

-4%

Equity Options

1,731.9

2,110.4

-18%

1,362.0

27%

16,832.8

15,921.2

6%

Equity Options ADV

82.5

100.5

-18%

71.7

15%

80.5

75.8

6%

Index Options

142.5

100.3

42%

99.7

43%

1,247.3

100.3

NA

Index Options ADV

6.8

5.0

35%

5.2

29%

6.0

5.0

19%

ETF Options

2,410.9

3,417.5

-29%

2,049.8

18%

23,863.6

28,078.5

-15%

ETF Options ADV

114.8

162.7

-29%

107.9

6%

114.2

133.7

-15%

C2 Market Share

In October 2012, C2's market share was 1.3 percent, down 0.1 of a percentage point from October 2011 and down 0.2 of a percentage point from September 2012.

C2  Market Share Current Month

Year-To-Date


 Oct 2012

 Oct 2011

% Pt. Chg

 Sep 2012

% Pt. Chg

 Oct 2012

 Oct 2011

% Pt. Chg

Total Exchange

1.3%

1.4%

-0.1%

1.1%

0.2%

1.3%

1.1%

0.2%

Total Exchange       

(excl. dividend trades)

1.4%

0.9%

0.5%

1.1%

0.3%

1.3%

1.2%

0.1%

Equity Options

0.9%

1.1%

-0.2%

0.8%

0.1%

0.9%

0.8%

0.1%

Equity Options        

(excl. dividend trades)

0.9%

1.1%

-0.2%

0.8%

0.1%

0.9%

0.8%

0.1%

Index Options

0.5%

0.3%

0.2%

0.4%

0.1%

0.5%

0.8%

-0.3%

Index Options         

(excl. dividend trades)

0.6%

0.3%

0.3%

0.4%

0.2%

0.5%

--

0.5%

ETF Options

2.4%

2.1%

0.3%

1.7%

0.7%

2.0%

1.9%

0.2%

ETF Options                                                                                (excl. dividend trades)

2.4%

2.1%

0.3%

1.7%

0.7%

2.1%

1.9%

0.2%

CBOE Futures Exchange Trading

  • In October, total trading volume in futures on the CBOE Volatility Index® (VIX®) reached an all-time high for any month in CFE's history.
  • A record 2,443,878 VIX futures contracts changed hands in October, beating the September 2012 record of 2,400,552 contracts.
  • VIX futures average daily volume (ADV) in October was 116,375 contracts, second only to September 2012's record ADV of 126,871 contracts.

CBOE Holdings Average Transaction Fee Per Contract

The following represents the average transaction fee per contract based on a three-month rolling average, reported on a one-month lag.  The average transaction fee per contract represents total transaction fees for CBOE, C2 and CFE recognized for the period divided by total contracts traded on all three exchanges during the period.  Average transaction fees per contract can be affected by various factors, including exchange fee rates, volume-based discounts and transaction mix by contract type and product type.

 (In dollars)

Three-Month Period Ended

Product:

September

2012

August

2012

July

2012

June

2012

Equities

$0.118

$0.122

$0.124

$0.123

Indexes

0.682

0.684

0.680

0.677

Exchange Traded Funds

0.177

0.177

0.177

0.180

Total Options Average Transaction Fee Per Contract

0.287

0.286

0.289

0.288

Futures

1.606

1.626

1.598

1.607

     Total Average Transaction Fee Per Contract

$0.317

$0.315

$0.316

$0.314

About CBOE Holdings:

CBOE Holdings, Inc. (NASDAQ: CBOE) is the holding company for Chicago Board Options Exchange (CBOE), CBOE Futures Exchange (CFE) and other subsidiaries.  CBOE, the largest U.S. options exchange and creator of listed options, continues to set the bar for options and volatility trading through product innovation, trading technology and investor education. CBOE Holdings 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 and futures on the CBOE Volatility Index (the VIX Index). Other products engineered by CBOE include equity options, security index options, LEAPS options, FLEX options, and benchmark products such as the CBOE S&P 500 BuyWrite Index (BXM). CBOE Holdings is home to the world-renowned Options Institute and www.cboe.com, the go-to place for options and volatility trading resources. CBOE is regulated by the Securities and Exchange Commission (SEC), with all trades cleared by the OCC.

CBOE®, Chicago Board Options Exchange®, CFE®, FLEX®, LEAPS®, CBOE Volatility Index® and VIX® are registered trademarks, and BuyWriteSM, BXMSM, CBOE Futures ExchangeSM, SPXSM and The Options Institute are service marks of Chicago Board Options Exchange, Incorporated (CBOE). C2SM, C2 Options ExchangeSM and SPXpmSM are service marks of C2 Options Exchange, Incorporated (C2). Standard & Poor's® , S&P® and S&P 500® are registered trademarks of Standard & Poor's Financial Services, LLC and have been licensed for use by CBOE, C2 and CFE. All other trademarks and service marks are the property of their respective owners.

CBOE-V     

CBOE-2     

CBOE-EF   

SOURCE CBOE Holdings, Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
The essence of data analysis involves setting up data pipelines that consist of several operations that are chained together – starting from data collection, data quality checks, data integration, data analysis and data visualization (including the setting up of interaction paths in that visualization). In our opinion, the challenges stem from the technology diversity at each stage of the data pipeline as well as the lack of process around the analysis.
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...
Designing IoT applications is complex, but deploying them in a scalable fashion is even more complex. A scalable, API first IaaS cloud is a good start, but in order to understand the various components specific to deploying IoT applications, one needs to understand the architecture of these applications and figure out how to scale these components independently. In his session at @ThingsExpo, Nara Rajagopalan is CEO of Accelerite, will discuss the fundamental architecture of IoT applications, ...
SYS-CON Events announced today that Tintri Inc., a leading producer of VM-aware storage (VAS) for virtualization and cloud environments, will exhibit at the 18th International CloudExpo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device. For more information, please visit https://www.mangoapps.com/.
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
In his session at 18th Cloud Expo, Bruce Swann, Senior Product Marketing Manager at Adobe, will discuss how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects). Bruce Swann has more than 15 years of experience working with digital marketing disciplines like web analytics, social med...
SYS-CON Events announced today Object Management Group® has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that EastBanc Technologies will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. EastBanc Technologies has been working at the frontier of technology since 1999. Today, the firm provides full-lifecycle software development delivering flexible technology solutions that seamlessly integrate with existing systems – whether on premise or cloud. EastBanc Technologies partners with p...
SYS-CON Events announced today that ContentMX, the marketing technology and services company with a singular mission to increase engagement and drive more conversations for enterprise, channel and SMB technology marketers, has been named “Sponsor & Exhibitor Lounge Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York. “CloudExpo is a great opportunity to start a conversation with new prospects, but what happens after the...
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, will discuss the importance of WebRTC and how it enables companies to fo...
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discuss how businesses can gain an edge over competitors by empowering consumers to take control through IoT. We'll cite examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He'll also highlight how IoT can revitalize and restore outdated business models, making them profitable...
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
Customer experience has become a competitive differentiator for companies, and it’s imperative that brands seamlessly connect the customer journey across all platforms. With the continued explosion of IoT, join us for a look at how to build a winning digital foundation in the connected era – today and in the future. In his session at @ThingsExpo, Chris Nguyen, Group Product Marketing Manager at Adobe, will discuss how to successfully leverage mobile, rapidly deploy content, capture real-time d...
What a difference a year makes. Organizations aren’t just talking about IoT possibilities, it is now baked into their core business strategy. With IoT, billions of devices generating data from different companies on different networks around the globe need to interact. From efficiency to better customer insights to completely new business models, IoT will turn traditional business models upside down. In the new customer-centric age, the key to success is delivering critical services and apps wit...
Join us at Cloud Expo | @ThingsExpo 2016 – June 7-9 at the Javits Center in New York City and November 1-3 at the Santa Clara Convention Center in Santa Clara, CA – and deliver your unique message in a way that is striking and unforgettable by taking advantage of SYS-CON's unmatched high-impact, result-driven event / media packages.
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, will provide an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life ...
SYS-CON Events announced today that BMC Software has been named "Siver Sponsor" of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. BMC is a global leader in innovative software solutions that help businesses transform into digital enterprises for the ultimate competitive advantage. BMC Digital Enterprise Management is a set of innovative IT solutions designed to make digital business fast, seamless, and optimized from mainframe to mo...
SYS-CON Events announced today that MobiDev will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex software systems for startups and enterprises. Since 2009 it has grown from a small group of passionate engineers and business managers to a full-scale mobile software company with over 200 develope...
SoftLayer operates a global cloud infrastructure platform built for Internet scale. With a global footprint of data centers and network points of presence, SoftLayer provides infrastructure as a service to leading-edge customers ranging from Web startups to global enterprises. SoftLayer's modular architecture, full-featured API, and sophisticated automation provide unparalleled performance and control. Its flexible unified platform seamlessly spans physical and virtual devices linked via a world...