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advised by the company that the third table, "CBOE Trading Volume Current Month," which was originally included, has been replaced by a new table, "CBOE Market Share Current Month."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
Amazon started as an online bookseller 20 years ago. Since then, it has evolved into a technology juggernaut that has disrupted multiple markets and industries and touches many aspects of our lives. It is a relentless technology and business model innovator driving disruption throughout numerous ecosystems. Amazon’s AWS revenues alone are approaching $16B a year making it one of the largest IT companies in the world. With dominant offerings in Cloud, IoT, eCommerce, Big Data, AI, Digital Assista...
The Founder of NostaLab and a member of the Google Health Advisory Board, John is a unique combination of strategic thinker, marketer and entrepreneur. His career was built on the "science of advertising" combining strategy, creativity and marketing for industry-leading results. Combined with his ability to communicate complicated scientific concepts in a way that consumers and scientists alike can appreciate, John is a sought-after speaker for conferences on the forefront of healthcare science,...
In his session at Cloud Expo, Alan Winters, U.S. Head of Business Development at MobiDev, presented a success story of an entrepreneur who has both suffered through and benefited from offshore development across multiple businesses: The smart choice, or how to select the right offshore development partner Warning signs, or how to minimize chances of making the wrong choice Collaboration, or how to establish the most effective work processes Budget control, or how to maximize project result...
In his keynote at 19th Cloud Expo, Sheng Liang, co-founder and CEO of Rancher Labs, discussed the technological advances and new business opportunities created by the rapid adoption of containers. With the success of Amazon Web Services (AWS) and various open source technologies used to build private clouds, cloud computing has become an essential component of IT strategy. However, users continue to face challenges in implementing clouds, as older technologies evolve and newer ones like Docker c...
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 abilit...
When shopping for a new data processing platform for IoT solutions, many development teams want to be able to test-drive options before making a choice. Yet when evaluating an IoT solution, it’s simply not feasible to do so at scale with physical devices. Building a sensor simulator is the next best choice; however, generating a realistic simulation at very high TPS with ease of configurability is a formidable challenge. When dealing with multiple application or transport protocols, you would be...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, discussed the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
Dion Hinchcliffe is an internationally recognized digital expert, bestselling book author, frequent keynote speaker, analyst, futurist, and transformation expert based in Washington, DC. He is currently Chief Strategy Officer at the industry-leading digital strategy and online community solutions firm, 7Summits.
Two weeks ago (November 3-5), I attended the Cloud Expo Silicon Valley as a speaker, where I presented on the security and privacy due diligence requirements for cloud solutions. Cloud security is a topical issue for every CIO, CISO, and technology buyer. Decision-makers are always looking for insights on how to mitigate the security risks of implementing and using cloud solutions. Based on the presentation topics covered at the conference, as well as the general discussions heard between sessio...
Detecting internal user threats in the Big Data eco-system is challenging and cumbersome. Many organizations monitor internal usage of the Big Data eco-system using a set of alerts. This is not a scalable process given the increase in the number of alerts with the accelerating growth in data volume and user base. Organizations are increasingly leveraging machine learning to monitor only those data elements that are sensitive and critical, autonomously establish monitoring policies, and to detect...
In his session at @ThingsExpo, Arvind Radhakrishnen discussed how IoT offers new business models in banking and financial services organizations with the capability to revolutionize products, payments, channels, business processes and asset management built on strong architectural foundation. The following topics were covered: How IoT stands to impact various business parameters including customer experience, cost and risk management within BFS organizations.
Recently, REAN Cloud built a digital concierge for a North Carolina hospital that had observed that most patient call button questions were repetitive. In addition, the paper-based process used to measure patient health metrics was laborious, not in real-time and sometimes error-prone. In their session at 21st Cloud Expo, Sean Finnerty, Executive Director, Practice Lead, Health Care & Life Science at REAN Cloud, and Dr. S.P.T. Krishnan, Principal Architect at REAN Cloud, discussed how they built...
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 settl...
IoT solutions exploit operational data generated by Internet-connected smart “things” for the purpose of gaining operational insight and producing “better outcomes” (for example, create new business models, eliminate unscheduled maintenance, etc.). The explosive proliferation of IoT solutions will result in an exponential growth in the volume of IoT data, precipitating significant Information Governance issues: who owns the IoT data, what are the rights/duties of IoT solutions adopters towards t...
With tough new regulations coming to Europe on data privacy in May 2018, Calligo will explain why in reality the effect is global and transforms how you consider critical data. EU GDPR fundamentally rewrites the rules for cloud, Big Data and IoT. In his session at 21st Cloud Expo, Adam Ryan, Vice President and General Manager EMEA at Calligo, examined the regulations and provided insight on how it affects technology, challenges the established rules and will usher in new levels of diligence arou...
Organizations planning enterprise data center consolidation and modernization projects are faced with a challenging, costly reality. Requirements to deploy modern, cloud-native applications simultaneously with traditional client/server applications are almost impossible to achieve with hardware-centric enterprise infrastructure. Compute and network infrastructure are fast moving down a software-defined path, but storage has been a laggard. Until now.
DXWorldEXPO LLC announced today that All in Mobile, a mobile app development company from Poland, will exhibit at the 22nd International CloudEXPO | DXWorldEXPO. All In Mobile is a mobile app development company from Poland. Since 2014, they maintain passion for developing mobile applications for enterprises and startups worldwide.
Digital Transformation is much more than a buzzword. The radical shift to digital mechanisms for almost every process is evident across all industries and verticals. This is often especially true in financial services, where the legacy environment is many times unable to keep up with the rapidly shifting demands of the consumer. The constant pressure to provide complete, omnichannel delivery of customer-facing solutions to meet both regulatory and customer demands is putting enormous pressure on...
The best way to leverage your CloudEXPO | DXWorldEXPO presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering CloudEXPO | DXWorldEXPO will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at CloudEXPO. Product announcements during our show provide your company with the most reach through our targeted audienc...
IoT is at the core or many Digital Transformation initiatives with the goal of re-inventing a company's business model. We all agree that collecting relevant IoT data will result in massive amounts of data needing to be stored. However, with the rapid development of IoT devices and ongoing business model transformation, we are not able to predict the volume and growth of IoT data. And with the lack of IoT history, traditional methods of IT and infrastructure planning based on the past do not app...