The CBOE Futures Exchange, LLC (CFE?) has reported that May 2014 average daily volume (ADV) and total monthly volume in futures on the CBOE Volatility Index??(VIX??Index) and total exchange-wide at CFE decreased from year ago levels. ?
Here’s a look at the May breakdown:?
VIX Futures
- Average daily volume in VIX futures was 143,946 contracts, a one-percent decrease from May 2013 and a 19-percent decrease from April 2014.?
- Total trading volume in VIX futures was 3.02 million contracts, a six-percent decrease from May 2013 and a 19-percent decrease from April 2014.
- Year-to-date, VIX futures total volume of 19.14 million contracts is 16 percent ahead of the prior year period and ADV of 185,837 contracts per day is 17 percent ahead of the prior year period. ? ?
Total CFE
- Exchange-wide ADV was 144,266 contracts, a one-percent decrease from a year ago and a 19-percent decrease from April 2014.?
- Exchange-wide total volume during the month was 3.03 million contracts, a six-percent decrease from May 2013 and a 19-percent decrease from April 2014. ? ? ? ? ?
VIX Futures 24-Hour Trading this month
- CFE plans to expand VIX futures trading hours to nearly 24 hours a day, five days a week, beginning Sunday, June 22, 2014, pending regulatory review.? The trading week for VIX futures at CFE will begin each Sunday at 5:00 p.m. CT and end on Friday at 3:15 p.m. CT.? CFE will close for 15 minutes between 3:15 p.m. CT and 3:30 p.m. CT on Monday through Thursday, when no trading will be transacted. The new trading day on those days will then begin at 3:30 p.m. CT.?