May Is Most-Active Trading Month All-Time At CBOE Futures Exchange

The CBOE Futures Exchange, LLC (CFE) today announced that May 2012 was the most-active trading month in CFE history as total volume exceeded two million contracts for the first time ever. New records were established in total monthly volume and monthly average daily volume (ADV) both exchange-wide and for futures on the CBOE Volatility Index (the VIX Index). The record 2,022,433 total contracts traded at CFE during May 2012 was an increase of 103 percent from the 994,608 contracts traded in May 2011 and surpassed the previous record of 1.97 million contracts traded in March 2012. The top four most-active trading months in CFE history have occurred during the first five months of 2012. The record average daily volume of 91,928 contracts during May 2012 was up 94 percent from the 47,362 contracts traded per day a year ago and surpassed the previous record of 89,620 contracts per day during March 2012. When comparing monthly trading activity in May to April 2012, volume rose by 19 percent from the 1,692,624 total contracts traded in April. May 2012 average daily volume increased nine percent from the 84,631 contracts per day during the previous month.