May 2013 Trading Volumes In VIX Futures Post Gains Over Year Ago

CHICAGO, June 3, 2013 /PRNewswire/ -- The CBOE Futures Exchange, LLC (CFE^®) announced today that total trading volume and average daily volume (ADV) for futures on the CBOE Volatility Index^® (VIX^®) during May 2013 posted gains over year ago levels.            

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VIX Futures
May 2013 was the third most active trading month all-time for VIX futures at CFE, trailing only April 2013 (4,056,760 contracts) and March 2013 (3,220,977 contracts).  During May, a total of 3,212,399 VIX futures contracts traded.  This was an increase of 61 percent versus the 1,999,974 contracts traded in May 2012 and a decrease of 21 percent when compared to the all-time high of 4,056,760 contracts traded in April 2013. May was the fourth consecutive month, and the fourth time in CFE history, in which total monthly volume in VIX futures surpassed three million contracts traded. 

Monthly average daily volume in VIX futures during May was 146,018 contracts.  May ADV gained 61 percent versus the 90,908 contracts per day a year ago and declined 21 percent from the record ADV of 184,398 contracts in the previous month.

Total CFE
During May, exchange-wide volume at CFE totaled 3,220,913 contracts traded.  This was an increase of 59 percent versus the 2,022,253 contracts traded in May 2012 and a decline of 21 percent when compared to the record 4,069,630 contracts traded in April 2013.  May was the third most active trading month in CFE history, trailing only April 2013 (4,069,630 contracts) and March 2013 (3,228,874 contracts).   

Exchange-wide monthly ADV was 146,405 contracts during May, up 59 percent from the ADV of 91,921 contracts during May 2012 and down 21 percent from the record monthly ADV of 184,983 contracts in April 2013.     

About CBOE Futures Exchange
CBOE Futures Exchange currently offers eight contracts: CBOE Volatility Index (The VIX Index) futures (VX), Mini-VIX futures (VM), S&P 500 Variance futures (VA), CBOE NASDAQ-100 Volatility Index (VXN) futures (VN), CBOE Gold ETF Volatility Index (GVZ) security futures (GV), CBOE Crude Oil ETF Volatility Index (OVX) security futures (OV), CBOE Emerging Markets ETF Volatility Index (VXEEM) security futures (VXEM) and CBOE Brazil ETF Volatility Index (VXEWZ) security futures (VXEW).   

CFE, a wholly-owned subsidiary of CBOE Holdings, Inc. (NASDAQ: CBOE), offers an all-electronic, open-access market model, with traders providing liquidity and making markets. CFE is regulated by the Commodity Futures Trading Commission (CFTC) and all trades are cleared by the OCC. 

More information on CFE and its products, including contract specifications, can be found at: http://cfe.cboe.com/.   

­­­CBOE-EF

CBOE®, Chicago Board Options Exchange®, CFE®, CBOE Volatility Index® and VIX® are registered trademarks, and CBOE Futures Exchange^SM, CBOE Nasdaq-100 Volatility Index^SM, VXN^SM, VN^SM, CBOE Brazil ETF Volatility Index^SM, VXEW^SM, VXEWZ^SM, CBOE Crude Oil ETF Volatility Index^SM, OVX^SM, OV^SM, CBOE Emerging Markets ETF Volatility Index^SM, VXEM^SM, VXEEM^SM,  CBOE Gold ETF Volatility Index^SM, GVZ^SM, GV^SM, VM^SMand VX^SM are service marks of Chicago Board Options Exchange, Incorporated (CBOE). 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 and CFE. The Nasdaq-100 Index®, Nasdaq-100®, and Nasdaq® are trademark or service marks of The Nasdaq Stock Market, Inc. (with which its affiliates are the "Corporations"). These marks are licensed for use by CBOE in connection with the trading of products based on the Nasdaq-100 Index. The products have not been passed on by the Corporations as to their legality or suitability. The products are not issued, endorsed, sold or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S). All other trademarks and service marks are the property of their respective owners.

SOURCE CBOE Futures Exchange