Click here to close now.

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
One of the biggest impacts of the Internet of Things is and will continue to be on data; specifically data volume, management and usage. Companies are scrambling to adapt to this new and unpredictable data reality with legacy infrastructure that cannot handle the speed and volume of data. In his session at @ThingsExpo, Don DeLoach, CEO and president of Infobright, will discuss how companies need to rethink their data infrastructure to participate in the IoT, including: Data storage: Understanding the kinds of data: structured, unstructured, big/small? Analytics: What kinds and how responsiv...
Since 2008 and for the first time in history, more than half of humans live in urban areas, urging cities to become “smart.” Today, cities can leverage the wide availability of smartphones combined with new technologies such as Beacons or NFC to connect their urban furniture and environment to create citizen-first services that improve transportation, way-finding and information delivery. In her session at @ThingsExpo, Laetitia Gazel-Anthoine, CEO of Connecthings, will focus on successful use cases.
Sensor-enabled things are becoming more commonplace, precursors to a larger and more complex framework that most consider the ultimate promise of the IoT: things connecting, interacting, sharing, storing, and over time perhaps learning and predicting based on habits, behaviors, location, preferences, purchases and more. In his session at @ThingsExpo, Tom Wesselman, Director of Communications Ecosystem Architecture at Plantronics, will examine the still nascent IoT as it is coalescing, including what it is today, what it might ultimately be, the role of wearable tech, and technology gaps stil...
The true value of the Internet of Things (IoT) lies not just in the data, but through the services that protect the data, perform the analysis and present findings in a usable way. With many IoT elements rooted in traditional IT components, Big Data and IoT isn’t just a play for enterprise. In fact, the IoT presents SMBs with the prospect of launching entirely new activities and exploring innovative areas. CompTIA research identifies several areas where IoT is expected to have the greatest impact.
Wearable devices have come of age. The primary applications of wearables so far have been "the Quantified Self" or the tracking of one's fitness and health status. We propose the evolution of wearables into social and emotional communication devices. Our BE(tm) sensor uses light to visualize the skin conductance response. Our sensors are very inexpensive and can be massively distributed to audiences or groups of any size, in order to gauge reactions to performances, video, or any kind of presentation. In her session at @ThingsExpo, Jocelyn Scheirer, CEO & Founder of Bionolux, will discuss ho...
Roberto Medrano, Executive Vice President at SOA Software, had reached 30,000 page views on his home page - http://RobertoMedrano.SYS-CON.com/ - on the SYS-CON family of online magazines, which includes Cloud Computing Journal, Internet of Things Journal, Big Data Journal, and SOA World Magazine. He is a recognized executive in the information technology fields of SOA, internet security, governance, and compliance. He has extensive experience with both start-ups and large companies, having been involved at the beginning of four IT industries: EDA, Open Systems, Computer Security and now SOA.
The industrial software market has treated data with the mentality of “collect everything now, worry about how to use it later.” We now find ourselves buried in data, with the pervasive connectivity of the (Industrial) Internet of Things only piling on more numbers. There’s too much data and not enough information. In his session at @ThingsExpo, Bob Gates, Global Marketing Director, GE’s Intelligent Platforms business, to discuss how realizing the power of IoT, software developers are now focused on understanding how industrial data can create intelligence for industrial operations. Imagine ...
Operational Hadoop and the Lambda Architecture for Streaming Data Apache Hadoop is emerging as a distributed platform for handling large and fast incoming streams of data. Predictive maintenance, supply chain optimization, and Internet-of-Things analysis are examples where Hadoop provides the scalable storage, processing, and analytics platform to gain meaningful insights from granular data that is typically only valuable from a large-scale, aggregate view. One architecture useful for capturing and analyzing streaming data is the Lambda Architecture, representing a model of how to analyze rea...
SYS-CON Events announced today that Vitria Technology, Inc. will exhibit at SYS-CON’s @ThingsExpo, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Vitria will showcase the company’s new IoT Analytics Platform through live demonstrations at booth #330. Vitria’s IoT Analytics Platform, fully integrated and powered by an operational intelligence engine, enables customers to rapidly build and operationalize advanced analytics to deliver timely business outcomes for use cases across the industrial, enterprise, and consumer segments.
The explosion of connected devices / sensors is creating an ever-expanding set of new and valuable data. In parallel the emerging capability of Big Data technologies to store, access, analyze, and react to this data is producing changes in business models under the umbrella of the Internet of Things (IoT). In particular within the Insurance industry, IoT appears positioned to enable deep changes by altering relationships between insurers, distributors, and the insured. In his session at @ThingsExpo, Michael Sick, a Senior Manager and Big Data Architect within Ernst and Young's Financial Servi...
SYS-CON Events announced today that Open Data Centers (ODC), a carrier-neutral colocation provider, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. Open Data Centers is a carrier-neutral data center operator in New Jersey and New York City offering alternative connectivity options for carriers, service providers and enterprise customers.
The explosion of connected devices / sensors is creating an ever-expanding set of new and valuable data. In parallel the emerging capability of Big Data technologies to store, access, analyze, and react to this data is producing changes in business models under the umbrella of the Internet of Things (IoT). In particular within the Insurance industry, IoT appears positioned to enable deep changes by altering relationships between insurers, distributors, and the insured. In his session at @ThingsExpo, Michael Sick, a Senior Manager and Big Data Architect within Ernst and Young's Financial Servi...
PubNub on Monday has announced that it is partnering with IBM to bring its sophisticated real-time data streaming and messaging capabilities to Bluemix, IBM’s cloud development platform. “Today’s app and connected devices require an always-on connection, but building a secure, scalable solution from the ground up is time consuming, resource intensive, and error-prone,” said Todd Greene, CEO of PubNub. “PubNub enables web, mobile and IoT developers building apps on IBM Bluemix to quickly add scalable realtime functionality with minimal effort and cost.”
Sensor-enabled things are becoming more commonplace, precursors to a larger and more complex framework that most consider the ultimate promise of the IoT: things connecting, interacting, sharing, storing, and over time perhaps learning and predicting based on habits, behaviors, location, preferences, purchases and more. In his session at @ThingsExpo, Tom Wesselman, Director of Communications Ecosystem Architecture at Plantronics, will examine the still nascent IoT as it is coalescing, including what it is today, what it might ultimately be, the role of wearable tech, and technology gaps stil...
With several hundred implementations of IoT-enabled solutions in the past 12 months alone, this session will focus on experience over the art of the possible. Many can only imagine the most advanced telematics platform ever deployed, supporting millions of customers, producing tens of thousands events or GBs per trip, and hundreds of TBs per month. With the ability to support a billion sensor events per second, over 30PB of warm data for analytics, and hundreds of PBs for an data analytics archive, in his session at @ThingsExpo, Jim Kaskade, Vice President and General Manager, Big Data & Ana...
In the consumer IoT, everything is new, and the IT world of bits and bytes holds sway. But industrial and commercial realms encompass operational technology (OT) that has been around for 25 or 50 years. This grittier, pre-IP, more hands-on world has much to gain from Industrial IoT (IIoT) applications and principles. But adding sensors and wireless connectivity won’t work in environments that demand unwavering reliability and performance. In his session at @ThingsExpo, Ron Sege, CEO of Echelon, will discuss how as enterprise IT embraces other IoT-related technology trends, enterprises with i...
When it comes to the Internet of Things, hooking up will get you only so far. If you want customers to commit, you need to go beyond simply connecting products. You need to use the devices themselves to transform how you engage with every customer and how you manage the entire product lifecycle. In his session at @ThingsExpo, Sean Lorenz, Technical Product Manager for Xively at LogMeIn, will show how “product relationship management” can help you leverage your connected devices and the data they generate about customer usage and product performance to deliver extremely compelling and reliabl...
The Internet of Things (IoT) is causing data centers to become radically decentralized and atomized within a new paradigm known as “fog computing.” To support IoT applications, such as connected cars and smart grids, data centers' core functions will be decentralized out to the network's edges and endpoints (aka “fogs”). As this trend takes hold, Big Data analytics platforms will focus on high-volume log analysis (aka “logs”) and rely heavily on cognitive-computing algorithms (aka “cogs”) to make sense of it all.
SYS-CON Events announced today that GENBAND, a leading developer of real time communications software solutions, has been named “Silver Sponsor” of SYS-CON's WebRTC Summit, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. The GENBAND team will be on hand to demonstrate their newest product, Kandy. Kandy is a communications Platform-as-a-Service (PaaS) that enables companies to seamlessly integrate more human communications into their Web and mobile applications - creating more engaging experiences for their customers and boosting collaboration and productiv...
From telemedicine to smart cars, digital homes and industrial monitoring, the explosive growth of IoT has created exciting new business opportunities for real time calls and messaging. In his session at @ThingsExpo, Ivelin Ivanov, CEO and Co-Founder of Telestax, shared some of the new revenue sources that IoT created for Restcomm – the open source telephony platform from Telestax. Ivelin Ivanov is a technology entrepreneur who founded Mobicents, an Open Source VoIP Platform, to help create, deploy, and manage applications integrating voice, video and data. He is the co-founder of TeleStax, a...