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
TechCrunch reported that "Berlin-based relayr, maker of the WunderBar, an Internet of Things (IoT) hardware dev kit which resembles a chunky chocolate bar, has closed a $2.3 million seed round, from unnamed U.S. and Switzerland-based investors. The startup had previously raised a €250,000 friend and family round, and had been on track to close a €500,000 seed earlier this year — but received a higher funding offer from a different set of investors, which is the $2.3M round it’s reporting."
The Transparent Cloud-computing Consortium (abbreviation: T-Cloud Consortium) will conduct research activities into changes in the computing model as a result of collaboration between "device" and "cloud" and the creation of new value and markets through organic data processing High speed and high quality networks, and dramatic improvements in computer processing capabilities, have greatly changed the nature of applications and made the storing and processing of data on the network commonplace.
Predicted by Gartner to add $1.9 trillion to the global economy by 2020, the Internet of Everything (IoE) is based on the idea that devices, systems and services will connect in simple, transparent ways, enabling seamless interactions among devices across brands and sectors. As this vision unfolds, it is clear that no single company can accomplish the level of interoperability required to support the horizontal aspects of the IoE. The AllSeen Alliance, announced in December 2013, was formed with the goal to advance IoE adoption and innovation in the connected home, healthcare, education, aut...
The Industrial Internet revolution is now underway, enabled by connected machines and billions of devices that communicate and collaborate. The massive amounts of Big Data requiring real-time analysis is flooding legacy IT systems and giving way to cloud environments that can handle the unpredictable workloads. Yet many barriers remain until we can fully realize the opportunities and benefits from the convergence of machines and devices with Big Data and the cloud, including interoperability, data security and privacy.
All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades. Over the summer Gartner released its much anticipated annual Hype Cycle report and the big news is that Internet of Things has now replaced Big Data as the most hyped technology. Indeed, we're hearing more and more about this fascinating new technological paradigm. Every other IT news item seems to be about IoT and its implications on the future of digital busines...
Cultural, regulatory, environmental, political and economic (CREPE) conditions over the past decade are creating cross-industry solution spaces that require processes and technologies from both the Internet of Things (IoT), and Data Management and Analytics (DMA). These solution spaces are evolving into Sensor Analytics Ecosystems (SAE) that represent significant new opportunities for organizations of all types. Public Utilities throughout the world, providing electricity, natural gas and water, are pursuing SmartGrid initiatives that represent one of the more mature examples of SAE. We have s...
Software AG helps organizations transform into Digital Enterprises, so they can differentiate from competitors and better engage customers, partners and employees. Using the Software AG Suite, companies can close the gap between business and IT to create digital systems of differentiation that drive front-line agility. We offer four on-ramps to the Digital Enterprise: alignment through collaborative process analysis; transformation through portfolio management; agility through process automation and integration; and visibility through intelligent business operations and big data.
The Internet of Things needs an entirely new security model, or does it? Can we save some old and tested controls for the latest emerging and different technology environments? In his session at Internet of @ThingsExpo, Davi Ottenheimer, EMC Senior Director of Trust, will review hands-on lessons with IoT devices and reveal privacy options and a new risk balance you might not expect.
IoT is still a vague buzzword for many people. In his session at Internet of @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, will discuss the business value of IoT that goes far beyond the general public's perception that IoT is all about wearables and home consumer services. The presentation will also discuss how IoT is perceived by investors and how venture capitalist access this space. Other topics to discuss are barriers to success, what is new, what is old, and what the future may hold.
Swiss innovators dizmo Inc. launches its ground-breaking software, which turns any digital surface into an immersive platform. The dizmo platform seamlessly connects digital and physical objects in the home and at the workplace. Dizmo breaks down traditional boundaries between device, operating systems, apps and software, transforming the way users work, play and live. It supports orchestration and collaboration in an unparalleled way enabling any data to instantaneously be accessed on any surface, anywhere and made interactive. Dizmo brings fantasies as seen in Sci-fi movies such as Iro...
There’s Big Data, then there’s really Big Data from the Internet of Things. IoT is evolving to include many data possibilities like new types of event, log and network data. The volumes are enormous, generating tens of billions of logs per day, which raise data challenges. Early IoT deployments are relying heavily on both the cloud and managed service providers to navigate these challenges. In her session at 6th Big Data Expo®, Hannah Smalltree, Director at Treasure Data, to discuss how IoT, Big Data and deployments are processing massive data volumes from wearables, utilities and other mach...
This Internet of Nouns trend is still in the early stages and many of our already connected gadgets do provide human benefits over the typical infotainment. Internet of Things or IoT. You know, where everyday objects have software, chips, and sensors to capture data and report back. Household items like refrigerators, toilets and thermostats along with clothing, cars and soon, the entire home will be connected. Many of these devices provide actionable data - or just fun entertainment - so people can make decisions about whatever is being monitored. It can also help save lives.
Whether you're a startup or a 100 year old enterprise, the Internet of Things offers a variety of new capabilities for your business. IoT style solutions can help you get closer your customers, launch new product lines and take over an industry. Some companies are dipping their toes in, but many have already taken the plunge, all while dramatic new capabilities continue to emerge. In his session at Internet of @ThingsExpo, Reid Carlberg, Senior Director, Developer Evangelism at salesforce.com, to discuss real-world use cases, patterns and opportunities you can harness today.
All major researchers estimate there will be tens of billions devices – computers, smartphones, tablets, and sensors – connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades. With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo in Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be!
Arrow Electronics Inc. announced its Internet of Things Immersions Roadshow that will showcase how “Interconnected Intelligence” is changing the way the world interacts and solves problems with technology. The Immersions tour will engage the world’s top technology leaders to discuss comprehensive Internet of Things (IoT) building blocks and how businesses can leverage Interconnected Intelligence to improve lives throughout the world. With forums in four key U.S. markets, Arrow connects technology developers with leading-edge suppliers to provide insights about IoT technologies and services,...
The Internet of Things is not new. Historically, smart businesses have used its basic concept of leveraging data to drive better decision making and have capitalized on those insights to realize additional revenue opportunities. So, what has changed to make the Internet of Things one of the hottest topics in tech? In his session at Internet of @ThingsExpo, Chris Gray, Director, Embedded and Internet of Things, will discuss the underlying factors that are driving the economics of intelligent systems. Discover how hardware commoditization, the ubiquitous nature of connectivity, and the emergen...
Trick question: What did Thomas Edison do for the lightbulb? He didn’t invent it – working light bulbs existed in laboratories for 80 years before Edison arrived. Instead, Edison's team made electric light scalable. They turned a theoretical possibility into a daily, lived reality – for billions of people. Today, we are at the same point for behavior change. Psychologists, economists, and other behavioral researchers have shown that it’s possible to nudge habits, but almost no one has been able to deliver sustainable, reliable behavior change at scale.
Chris Matthieu is Co-Founder & CTO at Octoblu, Inc. He has two decades of telecom and web experience. He launched his Teleku cloud communications-as-a-service platform at eComm in 2010 which was acquired by Voxeo. Next he built an opensource Node.JS PaaS called Nodester which was acquired by AppFog. His new startup is Twelephone (http://twelephone.com). Leveraging HTML5 and WebRTC, Twelephone's BHAG (Big Hairy Audacious Goal) is to become the next generation telecom company running in the Web browser. In 9 short months, Twelephone has nearly achieved feature parity with Skype.
SYS-CON Events announces a new pavilion on the Cloud Expo floor where WebRTC converges with the Internet of Things. Pavilion will showcase WebRTC and the Internet of Things. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices--computers, smartphones, tablets, and sensors – connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades.
Things are being built upon cloud foundations to transform organizations. This CEO Power Panel at 15th Cloud Expo, moderated by Roger Strukhoff, Cloud Expo and @ThingsExpo conference chair, will address the big issues involving these technologies and, more important, the results they will achieve. How important are public, private, and hybrid cloud to the enterprise? How does one define Big Data? And how is the IoT tying all this together?