On Monday, the CBOE Futures Exchange, LLC (CFE?) announced that total monthly trading volume in futures on the CBOE Volatility Index??(VIX?) reached an all-time high for a third straight month in November.?
The record trading activity in VIX futures also drove CFE total volume to a new all-time high.?
But there was more record trading for the exchange and its products in November.
Total monthly trading activity in VIX futures during November also hit a new all-time high of 2,734,248 contracts, a gain of 233?percent from the 822,017 contracts traded in?November 2011?and a 12 percent increase from the 2,443,878 contracts trading October, which represented the previous record.? ??
In November, average daily volume (ADV) in VIX futures totaled a record 130,202 contracts, an increase of 233 percent versus the 39,144 contracts per day from last November. It increased 12?percent as compared to October’s ADV of 116,375 contracts. ?
Last month’s record ADV surpassed the previous ADV high of 126,345 contracts in September.? ????
Year-to-date through November, total VIX futures volume stood 86 percent ahead of the same time period a year ago with 21,344,285 contracts versus 11,455,871?contracts.? Average daily volume in VIX futures year-to-date is 87?percent ahead of 2011’s year-to-date figure: 92,801 contracts per day versus 49,593 contracts per day. ? ??
Total trading volume at CFE during November was 2,744,177 contracts–a new record; this surpassed the 822,783 contracts traded in?November 2011?by 234 percent. ?When compared to the 2,449,414 contracts traded in?October, which had been the previous CFE record, November trading volume rose 12?percent.???
Total exchange-wide ADV during November reached a new high of 130,675 contracts, surpassing the previous record of 126,871 contracts in September. When compared to the ADV of 39,180 contracts in?November 2011?and 116,638 contracts in?October, November ADV rose by 234 percent and 12 percent, respectively. ??