Welcome!

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

News Feed Item

CBOE Holdings Reports November 2012 Consolidated Trading Volume

-- More All-Time Records for VIX Index Futures: Monthly and Average Daily Volume

CHICAGO, Dec. 3, 2012 /PRNewswire/ -- CBOE Holdings, Inc. (NASDAQ: CBOE) reported today that November 2012 consolidated trading volume for options contracts on Chicago Board Options Exchange® (CBOE®) and C2 Options ExchangeSM (C2SM) and futures contracts on CBOE Futures Exchange SM (CFE®) totaled 91.31 million contracts. 

(Logo:  http://photos.prnewswire.com/prnh/20100614/CG20953LOGO)

  • November 2012 average daily volume (ADV) for the three exchanges, combined, was 4.35 million contracts, a two-percent increase from 4.27 million contracts ADV in November 2011, and a six-percent increase from nearly 4.09 million contracts ADV in October 2012.
  • Year to date through November, consolidated ADV for the three exchanges was 4.59 million contracts, down seven percent from 4.96 million contracts ADV for the same period a year ago.

CBOE Holdings Consolidated Trading Volume

Year-To-Date

(trades in thousands)

Nov-12

Nov-11

% Chg

Oct-12

% Chg

Nov-12

Nov-11

% Chg

Trading Days

21

21


21


230

231


Total Contracts
(options & futures)

91,314.9

89,733.9

2%

85,838.9

6%

1,055,716.5

1,145,933.3

-8%

Total Options Contracts
(CBOE & C2)

88,570.7

88,911.2

--

83,389.5

6%

1,034,276.9

1,134,290.9

-9%

Total Futures Contracts
(CFE)

2,744.2

822.8

234%

2,449.4

12%

21,446.4

11,392.4

88%










Total ADV
(options & futures)

4,348.3

4,273.0

2%

4,087.6

6%

4,590.1

4,960.8

-7%

Total Options ADV
(CBOE & C2)

4,217.7

4,233.9

0%

3,970.9

6%

4,496.9

4,910.4

-8%

Total Futures ADV   
(CFE)

130.7

39.2

234%

116.6

12%

93.2

49.3

89%

CBOE Trading Volume and Market Share

CBOE Trading Volume:

  • November ADV at CBOE was nearly 4.0 million contracts, about even with November 2011 and up six percent from October 2012 ADV of 3.8 million contracts. Year to date through November, ADV was 4.3 million contracts, down eight percent from the same period in 2011. Of particular note, in November, index options ADV rose 15 percent and 18 percent against November 2011 and October 2012, respectively.
  • The five most actively traded index and ETF options at CBOE during November were S&P 500® Index (SPXSM) options, Standard & Poor's Depositary Receipt (SPY) options, CBOE Volatility Index® (VIX® Index) 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)

Nov-12

Nov-11

% Chg

Oct-12

% Chg

Nov-12

Nov-11

% Chg

Trading Days

21

21


21


230

231


Total Exchange

83,704.1

84,075.1

--

79,104.3

6%

987,466.4

1,081,460.6

-9%

Total Exchange ADV

3,985.9

4,003.6

--

3,766.9

6%

4,293.3

4,681.6

-8%

Equity Options

31,760.3

33,482.8

-5%

35,050.9

-9%

445,777.5

467,700.8

-5%

Equity Options ADV

1,512.4

1,594.4

-5%

1,669.1

-9%

1,938.2

2,024.7

-4%

Index Options

29,360.8

25,639.3

15%

24,872.9

18%

277,249.8

299,602.7

-7%

Index Options ADV

1,398.1

1,220.9

15%

1,184.4

18%

1,205.4

1,297.0

-7%

ETF Options

22,583.1

24,953.1

-9%

19,180.4

18%

264,439.1

314,157.0

-16%

ETF Options ADV

1,075.4

1,188.2

-9%

913.4

18%

1,149.7

1,360.0

-15%

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

CBOE Market Share:
CBOE November market share was 25.0 percent, up 0.6 of a percentage point when compared against both November 2011 and October 2012.  If the volume from dividend trades was excluded from industry data for November 2012, CBOE's total market share would be 25.8 percent.

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

C2 Options Exchange Trading Volume and Market Share

CBOE Market Share Current Month

Year-To-Date


Nov-12

Nov-11

% Pt.
 Chg

Oct-12

% Pt.
Chg

Nov-12

Nov-11

% Pt.
Chg

Total Exchange

25.0%

24.4%

0.6%

24.4%

0.6%

26.8%

25.5%

1.3%

Total Exchange
(excl. dividend trades)

25.8%

25.3%

0.5%

25.4%

0.4%

27.9%

26.3%

1.6%

Equity Options

17.4%

18.7%

-1.3%

17.9%

-0.5%

21.2%

20.5%

0.7%

Equity Options
(excl. dividend trades)

20.1%

20.6%

-0.5%

20.4%

-0.3%

23.6%

22.0%

1.6%

Index Options

93.9%

95.5%

-1.6%

94.5%

-0.6%

94.1%

94.8%

-0.7%

Index Options
(excl. dividend trades)

93.3%

95.5%

-2.2%

93.9%

-0.6%

93.7%

94.8%

-1.1%

ETF Options

18.6%

18.1%

0.5%

18.8%

-0.2%

20.4%

19.1%

1.3%

ETF Options
(excl. dividend trades)

18.6%

18.1%

0.5%

18.8%

-0.2%

20.6%

19.3%

1.3%

C2 Trading Volume:
In November 2012, ADV on C2 Options Exchange was 231,700 contracts, up 14 percent from October 2012 ADV of 204,100 contracts and up one percent from 230,300 contracts ADV in November 2011.

C2 Trading Volume Current Month

Year-To-Date

(trades in thousands)

Nov-12

Nov-11

% Chg

Oct-12

% Chg

Nov-12

Nov-11

% Chg

Trading Days

21

21


21


230

231


Total Exchange

4,866.7

4,836.0

1%

4,285.2

14%

46,810.4

48,936.0

-4%

Total Exchange ADV

231.7

230.3

1%

204.1

14%

203.5

211.8

-4%

Equity Options

1,946.7

1,604.6

21%

1,731.9

12%

18,779.5

17,525.8

7%

Equity Options ADV

92.7

76.4

21%

82.5

12%

81.6

75.9

8%

Index Options

106.0

110.5

-4%

142.5

-26%

1,353.3

210.8

NA

Index Options ADV

5.0

5.3

-4%

6.8

-26%

5.9

5.1

14%

ETF Options

2,814.0

3,120.9

-10%

2,410.9

17%

26,677.7

31,199.4

-14%

ETF Options ADV

134.0

148.6

-10%

114.8

17%

116.0

135.1

-14%

C2 Market Share
In November 2012, C2's market share was 1.5 percent, up 0.1 of a percentage point from November 2011 and up 0.2 of a percentage point from October 2012.

C2  Market Share Current Month

Year-To-Date


Nov-12

Nov-11

% Pt.

Chg

Oct-12

% Pt.
Chg

Nov-12

Nov-11

% Pt.
Chg

Total Exchange

1.5%

1.4%

0.1%

1.3%

0.2%

1.3%

1.2%

0.1%

Total Exchange
(excl. dividend trades)

1.5%

0.9%

0.6%

1.4%

0.1%

1.3%

1.2%

0.1%

Equity Options

1.1%

0.9%

0.2%

0.9%

0.2%

0.9%

0.8%

0.1%

Equity Options
(excl. dividend trades)

1.1%

1.0%

0.1%

0.9%

0.2%

0.9%

0.8%

0.1%

Index Options

0.3%

0.4%

-0.1%

0.5%

-0.2%

0.5%

0.7%

-0.2%

Index Options
(excl. dividend trades)

0.4%

0.4%

--

0.6%

-0.2%

0.5%

0.1%

0.4%

ETF Options

2.3%

2.3%

--

2.4%

0.1%

2.1%

1.9%

0.2%

ETF Options
(excl. dividend trades)

2.3%

2.3%

--

2.4%

-0.1%

2.1%

1.9%

0.2%

CBOE Futures Exchange Trading

  • In November, total trading volume and average daily volume for CBOE Volatility Index® (VIX®) futures reached new all-time highs for any month in CFE's history.
  • A record 2,734,248 VIX futures contracts changed hands in November, beating the October 2012 record of 2,443,878 contracts by 12 percent.
  • In year-over-year comparisons, total VIX futures volume in November rose by 233 percent from November 2011 volume of 822,017 contracts.
  • VIX futures average daily volume in November also marked an all-time record for any month as an average of 130,202 VIX futures contracts changed hands daily. This figure was 233 percent higher than 39,144 contracts ADV in November 2011.
  • Year to date through November, total VIX futures volume of 21.3 million contracts is up 86 percent versus the same period a year ago.

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:

Oct-12

Sep-12

Aug-12

Jul-12

Equities

$0.121

$0.118

$0.122

$0.124

Indexes

$0.675

$0.682

$0.684

$0.680

Exchange Traded Funds

$0.180

$0.177

$0.177

$0.177

     Total Options Average Transaction Fee Per Contract

$0.294

$0.287

$0.286

$0.289

Futures

$1.573

$1.606

$1.626

$1.598

     Total Average Transaction Fee Per Contract

$0.326

$0.317

$0.315

$0.316

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
SYS-CON Events announced today that Utimaco will exhibit at SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Utimaco is a leading manufacturer of hardware based security solutions that provide the root of trust to keep cryptographic keys safe, secure critical digital infrastructures and protect high value data assets. Only Utimaco delivers a general-purpose hardware security module (HSM) as a customizable platform to easily integrate into existing software solutions, embed business logic and build s...
SYS-CON Events announced today that SOA Software, an API management leader, will exhibit at SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. SOA Software is a leading provider of API Management and SOA Governance products that equip business to deliver APIs and SOA together to drive their company to meet its business strategy quickly and effectively. SOA Software’s technology helps businesses to accelerate their digital channels with APIs, drive partner adoption, monetize their assets, and achieve a...
From a software development perspective IoT is about programming "things," about connecting them with each other or integrating them with existing applications. In his session at @ThingsExpo, Yakov Fain, co-founder of Farata Systems and SuranceBay, will show you how small IoT-enabled devices from multiple manufacturers can be integrated into the workflow of an enterprise application. This is a practical demo of building a framework and components in HTML/Java/Mobile technologies to serve as a platform that can integrate new devices as they become available on the market.
BSQUARE is a global leader of embedded software solutions. We enable smart connected systems at the device level and beyond that millions use every day and provide actionable data solutions for the growing Internet of Things (IoT) market. We empower our world-class customers with our products, services and solutions to achieve innovation and success. For more information, visit www.bsquare.com.
Almost everyone sees the potential of Internet of Things but how can businesses truly unlock that potential. The key will be in the ability to discover business insight in the midst of an ocean of Big Data generated from billions of embedded devices via Systems of Discover. Businesses will also need to ensure that they can sustain that insight by leveraging the cloud for global reach, scale and elasticity.
SYS-CON Events announced today that Red Hat, the world's leading provider of open source solutions, will exhibit at Internet of @ThingsExpo, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Red Hat is the world's leading provider of open source software solutions, using a community-powered approach to reliable and high-performing cloud, Linux, middleware, storage and virtualization technologies. Red Hat also offers award-winning support, training, and consulting services. As the connective hub in a global network of enterprises, partners, a...
How do APIs and IoT relate? The answer is not as simple as merely adding an API on top of a dumb device, but rather about understanding the architectural patterns for implementing an IoT fabric. There are typically two or three trends: Exposing the device to a management framework Exposing that management framework to a business centric logic • Exposing that business layer and data to end users. This last trend is the IoT stack, which involves a new shift in the separation of what stuff happens, where data lives and where the interface lies. For instance, it’s a mix of architectural style...
Connected devices are changing the way we go about our everyday life, from wearables to driverless cars, to smart grids and entire industries revolutionizing business opportunities through smart objects, capable of two-way communication. But what happens when objects are given an IP-address, and we rely on that connection, sometimes with our lives? How do we secure those vast data infrastructures and safe-keep the privacy of sensitive information? This session will outline how each and every connected device can uphold a core root of trust via a unique cryptographic signature – a “bir...
Internet of @ThingsExpo Silicon Valley announced on Thursday its first 12 all-star speakers and sessions for its upcoming event, which will take place November 4-6, 2014, at the Santa Clara Convention Center in California. @ThingsExpo, the first and largest IoT event in the world, debuted at the Javits Center in New York City in June 10-12, 2014 with over 6,000 delegates attending the conference. Among the first 12 announced world class speakers, IBM will present two highly popular IoT sessions, which will take place November 4-6, 2014 at the Santa Clara Convention Center in Santa Clara, Calif...
SYS-CON Events announced today that Matrix.org has been named “Silver Sponsor” of Internet of @ThingsExpo, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Matrix is an ambitious new open standard for open, distributed, real-time communication over IP. It defines a new approach for interoperable Instant Messaging and VoIP based on pragmatic HTTP APIs and WebRTC, and provides open source reference implementations to showcase and bootstrap the new standard. Our focus is on simplicity, security, and supporting the fullest feature set.
P2P RTC will impact the landscape of communications, shifting from traditional telephony style communications models to OTT (Over-The-Top) cloud assisted & PaaS (Platform as a Service) communication services. The P2P shift will impact many areas of our lives, from mobile communication, human interactive web services, RTC and telephony infrastructure, user federation, security and privacy implications, business costs, and scalability. In his session at Internet of @ThingsExpo, Robin Raymond, Chief Architect at Hookflash Inc., will walk through the shifting landscape of traditional telephone a...
WebRTC defines no default signaling protocol, causing fragmentation between WebRTC silos. SIP and XMPP provide possibilities, but come with considerable complexity and are not designed for use in a web environment. In his session at Internet of @ThingsExpo, Matthew Hodgson, technical co-founder of the Matrix.org, will discuss how Matrix is a new non-profit Open Source Project that defines both a new HTTP-based standard for VoIP & IM signaling and provides reference implementations.

SUNNYVALE, Calif., Oct. 20, 2014 /PRNewswire/ -- Spansion Inc. (NYSE: CODE), a global leader in embedded systems, today added 96 new products to the Spansion® FM4 Family of flexible microcontrollers (MCUs). Based on the ARM® Cortex®-M4F core, the new MCUs boast a 200 MHz operating frequency and support a diverse set of on-chip peripherals for enhanced human machine interfaces (HMIs) and machine-to-machine (M2M) communications. The rich set of periphera...

SYS-CON Events announced today that Aria Systems, the recurring revenue expert, has been named "Bronze Sponsor" of SYS-CON's 15th International Cloud Expo®, which will take place on November 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Aria Systems helps leading businesses connect their customers with the products and services they love. Industry leaders like Pitney Bowes, Experian, AAA NCNU, VMware, HootSuite and many others choose Aria to power their recurring revenue business and deliver exceptional experiences to their customers.
The Internet of Things (IoT) is going to require a new way of thinking and of developing software for speed, security and innovation. This requires IT leaders to balance business as usual while anticipating for the next market and technology trends. Cloud provides the right IT asset portfolio to help today’s IT leaders manage the old and prepare for the new. Today the cloud conversation is evolving from private and public to hybrid. This session will provide use cases and insights to reinforce the value of the network in helping organizations to maximize their company’s cloud experience.
The Internet of Things (IoT) is making everything it touches smarter – smart devices, smart cars and smart cities. And lucky us, we’re just beginning to reap the benefits as we work toward a networked society. However, this technology-driven innovation is impacting more than just individuals. The IoT has an environmental impact as well, which brings us to the theme of this month’s #IoTuesday Twitter chat. The ability to remove inefficiencies through connected objects is driving change throughout every sector, including waste management. BigBelly Solar, located just outside of Boston, is trans...
SYS-CON Events announced today that Matrix.org has been named “Silver Sponsor” of Internet of @ThingsExpo, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Matrix is an ambitious new open standard for open, distributed, real-time communication over IP. It defines a new approach for interoperable Instant Messaging and VoIP based on pragmatic HTTP APIs and WebRTC, and provides open source reference implementations to showcase and bootstrap the new standard. Our focus is on simplicity, security, and supporting the fullest feature set.
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...
SYS-CON Events announced today that Red Hat, the world's leading provider of open source solutions, will exhibit at Internet of @ThingsExpo, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Red Hat is the world's leading provider of open source software solutions, using a community-powered approach to reliable and high-performing cloud, Linux, middleware, storage and virtualization technologies. Red Hat also offers award-winning support, training, and consulting services. As the connective hub in a global network of enterprises, partners, a...
The only place to be June 9-11 is Cloud Expo & @ThingsExpo 2015 East at the Javits Center in New York City. Join us there as delegates from all over the world come to listen to and engage with speakers & sponsors from the leading Cloud Computing, IoT & Big Data companies. Cloud Expo & @ThingsExpo are the leading events covering the booming market of Cloud Computing, IoT & Big Data for the enterprise. Speakers from all over the world will be hand-picked for their ability to explore the economic strategies that utility/cloud computing provides. Whether public, private, or in a hybrid form, clo...