The Options Insider

January 2016 Trading Volume Reported By CBOE Holdings

by | Feb 2, 2016 | Industry

January 2016 Trading Volume Reported By CBOE Holdings

Highlights

– Total Volume of 103.0 Million Contracts

– Up 14% from December 2015, Down 4% from January 2015

– ADV of 5.4 Million Contracts

– Up 32% from December 2015 and 1% from January 2015

 

CBOE Holdings, Inc. reports that total trading volume in January for options contracts on Chicago Board Options Exchange? (CBOE?) and C2 Options Exchange (C2) and futures contracts on CBOE Futures Exchange (CFE?) was 103.0 million contracts, with an average daily volume (ADV) of 5.4 million contracts, increases of 14 percent and 32 percent, respectively, from December 2015.? ??

When compared to January 2015’s 107.2 million total options and futures contracts, total volume for January 2016 decreased 4 percent. ADV during January 2016 slightly increased by 1 percent over January 2015’s ADV of 5.4 million contracts.??

 

CBOE Trading Volume

  • CBOE’s ADV for the month was 4.8 million contracts and total volume was 90.8 million contracts, increases of 33 percent and 15 percent, respectively, from December 2015.? When compared to a year ago, January 2016 ADV was unchanged and total volume decreased 5 percent.?? ?
  • January ADV in index options increased 35 percent from December 2015 and increased 26 percent from January 2015.???????????
  • January ADV in equity options increased 31 percent from December 2015, but decreased 17 percent from January 2015.?
  • January ADV in exchange-traded product (ETP) options increased 35 percent from December 2015, but decreased 6 percent from January 2015.

 

CBOE Market Share

CBOE’s market share of total U.S. options industry volume was 24.9 percent in January, an increase of 1.6 percentage points from December 2015 and a decrease of 2.1 percentage points from January 2015.

 

C2 Volume

C2’s ADV for the month was 367,831 contracts and total volume was 7.0 million contracts, increases of 21 percent and 4 percent, respectively, from December 2015. When compared to a year ago, January 2016 ADV increased 3 percent and total volume decreased 2 percent.????

 

C2 Market Share

C2’s market share of total industry volume in January was 1.9 percent, a decrease of 0.1 percentage points from both December 2015 and January 2015.

 

CBOE Futures Exchange (CFE) Trading Volume and Highlights

  • Total ADV at CFE was 272,021 contracts in January, an increase of 32 percent from December 2015 and 19 percent from January 2015.
  • Total volume at CFE for the month was 5.2 million contracts, up 14 percent from December and 13 percent from total volume a year ago.???
  • Trading activity in VIX futures during non-U.S. trading hours set a record in January with volume of 650,454 contracts, up from the previous record of 640,498 sent in August 2015.?
  • Monthly ADV for VIX futures traded during extended trading hours also set a new record with 34,234 contracts, up from 30,500 in August 2015.
  • Extended trading volume represented 12.6 percent of total VIX futures volume in January, an increase from nearly 9 percent in December 2015.