Welcome!

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

News Feed Item

/C O R R E C T I O N -- CBOE Holdings, Inc./

In the news release, CBOE Holdings Reports 2012 Consolidated Trading Volume:, issued 02-Jan-2013 by CBOE Holdings, Inc. over PR Newswire, we are advised by the company that the third table, "CBOE Trading Volume Current Month," which was originally included, has been replaced by a new table, "CBOE Market Share Current Month." The original table should be disregarded. Additionally, in the second table, 10th row ("ETF Options"), the first number has been changed from "18,377." to "18,377.8". The complete, corrected release follows:

CBOE Holdings Reports 2012 Consolidated Trading Volume:

-- CBOE Trading Volume Tops One Billion Contracts for Fifth Straight Year

-- CBOE Futures Exchange Sets New Record - ADV Doubles to 95,000+ Contracts

CHICAGO, Jan. 2, 2013 /PRNewswire/ -- CBOE Holdings, Inc. (NASDAQ: CBOE) reported today that 2012 consolidated trading volume for options contracts on Chicago Board Options Exchange® (CBOE®) and C2 Options ExchangeSM (C2SM) and futures contracts on CBOE Futures ExchangeSM (CFE®) totaled 1.13 billion contracts. Average daily volume (ADV) in 2012 was 4.54 million contracts, down six percent from 4.83 million contracts traded in 2011. 

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

The year 2012 marked CBOE Holdings' fifth consecutive year of one-billion-plus contract trading volume.

Propelled by robust activity in futures on the CBOE Volatility Index® (VIX Index®) throughout the year, CBOE Futures Exchange ADV doubled to a record 95,600 contracts on annual volume of 23.89 million contracts.

CBOE Holdings Consolidated Trading Volume


Year-To-Date


(trades in thousands) 

Dec-12

Dec-11

% Chg

Nov-12

% Chg

Dec-12

Dec-11

% Chg

Trading Days  

20

21


21


250

252


Total Contracts
(options & futures)

78,594.1

75,133.9

5%

91,314.9

-14%

1,134,317.4

1,216,923.1

-7%

Total Options Contracts
(CBOE & C2)
 

76,147.6

74,485.4

2%

88,570.7

-14%

1,110,424.5

1,204,882.0

-8%

Total Futures Contracts (CFE)

2,446.5

648.5

277%

2,744.2

-11%

23,892.9

12,041.1

98%










Total ADV
(options & futures)

3,929.7

3,577.8

10%

4,348.3

-10%

4,537.3

4,829.1

-6%

Total Options ADV

(CBOE & C2)

3,807.4

3,546.9

7%

4,217.7

-10%

4,441.7

4,781.3

-7%

Total Futures ADV      (CFE)

122.3

30.9

296%

130.7

-6%

95.6

47.8

100%


CBOE Trading Volume and Market Share

CBOE 2012 Volume:

  • CBOE trading volume in 2012 totaled 1.06 billion contracts versus 1.15 billion contracts in 2011.
  • ADV in 2012 was 4.24 million contracts, down seven percent from 2011 ADV of 4.57 million contracts.

CBOE December 2012 Volume:

  • CBOE trading volume in December 2012 totaled 71.94 million contracts versus 70.60 million contracts in December 2011.  
  • December 2012 ADV was 3.60 million contracts, up seven percent from December 2011 ADV of 3.36 million contracts and down ten percent from November 2011 ADV of 3.99 million contracts.

CBOE Trading Volume Current Month

Year-To-Date


(trades in thousands)

Dec-12

Dec-11

% Chg

Nov-12

% Chg

Dec-12

Dec-11

% Chg


Trading Days

20

21


21


250

252



Total Exchange

71,937.6

70,602.8

2%

83,704.1

-14%

1,059,404.1

1,152,063.4

-8%


Total Exchange ADV

3,596.9

3,362.0

7%

3,985.9

-10%

4,237.6

4,571.7

-7%


Equity Options

27,931.0

29,205.0

-4%

31,760.3

-12%

473,708.5

496,905.8

-5%


Equity Options ADV

1,396.5

1,390.7

0%

1,512.4

-8%

1,894.8

1,971.8

-4%


Index Options

25,628.9

20,474.4

25%

29,360.8

-13%

302,878.7

320,077.1

-5%


Index Options ADV

1,281.4

975.0

31%

1,398.1

-8%

1,211.5

1,270.1

-5%


ETF Options

18,377.8

20,923.3

-12%

22,583.1

-19%

282,816.9

335,080.4

-16%


ETF Options ADV

918.9

996.3

-8%

1,075.4

-15%

1,131.3

1,329.7

-15%


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

CBOE 2012 Market Share of total U.S. options industry volume was 26.5 percent, up 1.2 percentage points from 2011. If the volume from dividend trades was excluded from industry data for 2012, the Exchange's total market share for the year would be 27.7 percent.

CBOE December Market Share was 23.0 percent, up one percentage point from December 2011 and a 2.0-percentage-point decline from November 2012. If the volume from dividend trades was excluded from industry data for December 2011, the Exchange's total market share for December would be 24.3 percent.

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

C2 Trading Volume and Market Share

CBOE Market Share Current Month

Year-To-Date



Dec-12

Dec-11

% Pt. Chg

Nov-12

% Pt. Chg

Dec-12

Dec-11

% Pt. Chg


Total Exchange

23.0%

22.0%

1.0%

25.0%

-2.0%

26.5%

25.3%

1.2%


Total Exchange                            (excl. dividend trades)

24.3%

24.7%

-0.4%

25.8%

-1.5%

27.7%

26.2%

1.5%


Equity Options

16.8%

16.3%

0.5%

17.4%

-0.6%

20.9%

20.2%

0.7%


Equity Options                       (excl. dividend trades)

19.1%

20.1%

-1.0%

20.1%

-1.0%

23.2%

21.9%

1.3%


Index Options

94.9%

94.8%

0.1%

93.9%

1.0%

94.1%

94.8%

-0.7%


Index Options          (excl. dividend trades)

94.5%

94.8%

-0.3%

93.3%

1.2%

93.8%

94.8%

-1.0%


ETF Options

15.4%

17.4%

-2.0%

18.6%

-3.2%

20.0%

19.0%

1.0%


ETF Options            (excl. dividend trades)

16.5%

18.2%

-1.7%

18.6%

-2.1%

20.4%

19.3%

1.1%


C2 2012 Volume:

  • C2 trading volume totaled 51.02 million contracts in 2012. ADV was 204,100 contracts. -- down three percent from 2011 ADV of 209,600 contracts. Equity and index options ADV rose eight percent and 15 percent, respectively, over 2011, and ETF ADV declined by 12 percent.

C2 December 2012 Volume:

  • C2 volume in December totaled 4.21 million contracts. ADV was 210,500 contracts -- up 14 percent from December 2011 ADV of 184,900 contracts and down nine percent from November 2012 ADV of 231,700 contracts.

C2 Trading Volume Current Month

Year-To-Date


(trades in thousands)

Dec-12

Dec-11

% Chg

Nov-12

% Chg

Dec-12

Dec-11

% Chg


Trading Days

20

21


21


250

252



Total Exchange

4,210.0

3,882.6

8%

4,866.7

-13%

51,020.4

52,818.6

-3%


Total Exchange ADV

210.5

184.9

14%

231.7

-9%

204.1

209.6

-3%


Equity Options

1,815.1

1,706.1

6%

1,946.7

-7%

20,594.5

19,231.9

7%


Equity Options ADV

90.8

81.2

12%

92.7

-2%

82.4

76.3

8%


Index Options

119.3

105.5

13%

106.0

13%

1,472.6

316.3

366%


Index Options ADV

6.0

5.0

19%

5.0

18%

5.9

5.1

15%


ETF Options

2,275.7

2,071.0

10%

2,814.0

-19%

28,953.3

33,270.4

-13%


ETF Options ADV

113.8

98.6

15%

134.0

-15%

115.8

132.0

-12%


C2 2012 Market Share of total U.S. option industry volume was 1.3 percent, up 0.1 of a percentage point from 2011.

C2 December Market Share was 1.4 percent, up 0.2 of a percentage point from December 2011 and down 0.1 of a percentage point from November 2012.

C2  Market Share Current Month

Year-To-Date


Dec-12

Dec-11

% Pt. Chg

Nov-12

% Pt. Chg

Dec-12

Dec-11

% Pt. Chg

Total Exchange

1.4%

1.2%

0.2%

1.5%

-0.1%

1.3%

1.2%

0.1%

Total Exchange
 (excl. dividend trades)

1.4%

0.9%

0.5%

1.5%

-0.1%

1.3%

1.2%

0.1%

Equity Options

1.1%

1.0%

0.1%

1.1%

--

0.9%

0.8%

0.1%

Equity Options
 (excl. dividend trades)

1.1%

1.1%

--

1.1%

--

1.0%

0.8%

0.2%

Index Options

0.4%

0.5%

-0.1%

0.3%

0.1%

0.5%

0.1%

0.4%

Index Options
 (excl. dividend trades)

0.5%

0.5%

--

0.4%

0.1%

0.5%

0.1%

0.4%

ETF Options

1.9%

1.7%

0.2%

2.3%

-0.4%

2.1%

1.9%

0.2%

ETF Options
 (excl. dividend trades)

2.0%

1.8%

0.2%

2.3%

-0.3%

2.1%

1.9%

0.2%

CBOE Futures Exchange Trading Volume

  • The year 2012 marked the busiest year in CFE history as annual trading volume totaled a record of nearly 24 million contracts, and ADV doubled from 2011 to over 95,000 contracts.  
  • VIX futures volume set a new annual volume record in 2012 with 23.79 million contracts traded, up 98 percent from 12.03 million contracts traded in 2011. ADV for VIX futures was 95,143 contracts, up 99 percent from 2011 ADV of 47,782 contracts.
  • During the year, VIX futures achieved new records in daily, weekly, monthly, quarterly and annual volumes and open interest. 
  • On December 31, 2012, VIX futures set a new single-day volume record of 212,800 contracts, the first time daily volume in VIX futures has exceeded 200,000 contracts. 

CBOE Holdings Average Transaction Fee Per Contract
The following represents 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 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:

Nov-12

Oct-12

Sep-12

Aug-12


Equities

$0.124

$0.121

$0.118

$0.122


Indexes

$0.670

$0.675

$0.682

$0.684


Exchange Traded Funds

$0.183

$0.180

$0.177

$0.177


     Total Options Average Transaction Fee Per Contract

$0.309

$0.294

$0.287

$0.286


Futures

$1.473

$1.573

$1.606

$1.626


     Total Average Transaction Fee Per Contract

$0.342

$0.326

$0.317

$0.315


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.

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
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
Developing software for the Internet of Things (IoT) comes with its own set of challenges. Security, privacy, and unified standards are a few key issues. In addition, each IoT product is comprised of (at least) three separate application components: the software embedded in the device, the back-end service, and the mobile application for the end user’s controls. Each component is developed by a different team, using different technologies and practices, and deployed to a different stack/target –...
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management solutions, helping companies worldwide activate their data to drive more value and business insight and to transform moder...
SYS-CON Events has announced today that Roger Strukhoff has been named conference chair of Cloud Expo and @ThingsExpo 2016 Silicon Valley. The 19th Cloud Expo and 6th @ThingsExpo will take place on November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. "The Internet of Things brings trillions of dollars of opportunity to developers and enterprise IT, no matter how you measure it," stated Roger Strukhoff. "More importantly, it leverages the power of devices and the Interne...
Personalization has long been the holy grail of marketing. Simply stated, communicate the most relevant offer to the right person and you will increase sales. To achieve this, you must understand the individual. Consequently, digital marketers developed many ways to gather and leverage customer information to deliver targeted experiences. In his session at @ThingsExpo, Lou Casal, Founder and Principal Consultant at Practicala, discussed how the Internet of Things (IoT) has accelerated our abil...
Digital innovation is the next big wave of business transformation based on digital technologies of which IoT and Big Data are key components, For example: Business boundary innovation is a challenge to excavate third-party business value using IoT and BigData, like Nest Business structure innovation may propose re-building business structure from scratch, as Uber does in the taxicab industry The social model innovation is also a big challenge to the new social architecture with the design fr...
If you had a chance to enter on the ground level of the largest e-commerce market in the world – would you? China is the world’s most populated country with the second largest economy and the world’s fastest growing market. It is estimated that by 2018 the Chinese market will be reaching over $30 billion in gaming revenue alone. Admittedly for a foreign company, doing business in China can be challenging. Often changing laws, administrative regulations and the often inscrutable Chinese Interne...
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls? In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, provided tips on how to be successful in large scale machine learning...
In his session at @ThingsExpo, Kausik Sridharabalan, founder and CTO of Pulzze Systems, Inc., will focus on key challenges in building an Internet of Things solution infrastructure. He will shed light on efficient ways of defining interactions within IoT solutions, leading to cost and time reduction. He will also introduce ways to handle data and how one can develop IoT solutions that are lean, flexible and configurable, thus making IoT infrastructure agile and scalable.
Data is an unusual currency; it is not restricted by the same transactional limitations as money or people. In fact, the more that you leverage your data across multiple business use cases, the more valuable it becomes to the organization. And the same can be said about the organization’s analytics. In his session at 19th Cloud Expo, Bill Schmarzo, CTO for the Big Data Practice at EMC, will introduce a methodology for capturing, enriching and sharing data (and analytics) across the organizati...
SYS-CON Events announced today that Bsquare has been named “Silver Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. For more than two decades, Bsquare has helped its customers extract business value from a broad array of physical assets by making them intelligent, connecting them, and using the data they generate to optimize business processes.
Internet of @ThingsExpo has announced today that Chris Matthieu has been named tech chair of Internet of @ThingsExpo 2016 Silicon Valley. The 6thInternet of @ThingsExpo will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
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...
Video experiences should be unique and exciting! But that doesn’t mean you need to patch all the pieces yourself. Users demand rich and engaging experiences and new ways to connect with you. But creating robust video applications at scale can be complicated, time-consuming and expensive. In his session at @ThingsExpo, Zohar Babin, Vice President of Platform, Ecosystem and Community at Kaltura, will discuss how VPaaS enables you to move fast, creating scalable video experiences that reach your...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided 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 sett...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
Businesses are struggling to manage the information flow and interactions between all of these new devices and things jumping on their network, and the apps and IT systems they control. The data businesses gather is only helpful if they can do something with it. In his session at @ThingsExpo, Chris Witeck, Principal Technology Strategist at Citrix, will discuss how different the impact of IoT will be for large businesses, expanding how IoT will allow large organizations to make their legacy ap...