CBOE Holdings Reports January 2015 Trading Volume

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- ADV of 5.4 Million Contacts Up 5% Over December

- CBOE, C2 and CFE ADV Increase From Previous Month

- Total Volume of 107.2 Million Contracts Traded

CHICAGO, Feb. 2, 2015 /PRNewswire/ -- CBOE Holdings, Inc. CBOE reported today that average daily volume (ADV) during January for options contracts on Chicago Board Options Exchange® (CBOE®) and C2 Options ExchangeSM (C2SM) and futures contracts on CBOE Futures Exchange (CFE®) was 5.4 million contracts, an increase of five percent from December 2014 and a decrease of seven percent from January 2014. Monthly ADV at CBOE, C2 and CFE each posted increases over December.  

 

Total options and futures volume at CBOE Holdings during January was 107.2 million contracts, a decrease of five percent from the previous month and a decrease of 12 percent from a year ago. 

CBOE Holdings Consolidated Trading Volume

(Contracts in thousands)

Jan

2015

Jan

2014

%
Chg

Dec

2014

%

Chg

Trading Days

20

21


22


Total Contracts (options & futures)

107,239.8

121,446.6

-12%

112,559.9

-5%

Total Options Contracts (CBOE & C2)

102,666.1

117,039.4

-12%

107,567.0

-5%

Total Futures Contracts (CFE)

4,573.7

4,407.2

4%

4,992.9

-8%







Total ADV (options & futures)

5,362.0

5,783.2

-7%

5,116.3

5%

Total Options ADV (CBOE & C2)

5,133.3

5,573.3

-8%

4,889.4

5%

Total Futures ADV (CFE)

228.7

209.9

9%

226.9

1%

CBOE Trading Volume and Market Share

CBOE Volume: January   

  • CBOE's ADV during the month was 4.8 million contracts, up five percent from December and down nine percent from January 2014. Exchange-wide trading volume totaled 95.5 million contracts, down five percent from the previous month and down 14 percent from a year ago.
  • During the month, ADV in exchange traded product (ETP) options increased 14 percent from a year ago, while ADV in index options and equity options decreased 12 percent and 19 percent, respectively, from January 2014.
  • Expanded volume information for CBOE index and ETP options is available at: www.cboe.com/data/monthlyvolume.aspx.

 CBOE Trading Volume Current Month

(trades in thousands)

Jan

2015

Jan 2014

%
Chg

Dec  2014

%
Chg

Trading Days

20

21


22


Total Exchange

95,516.1

110,503.4

-14%

100,537.2

-5%

Total Exchange ADV

4,775.8

5,262.1

-9%

4,569.9

5%

Equity Options

37,463.3

48,587.4

-23%

37,623.4

0%

Equity Options ADV

1,873.2

2,313.7

-19%

1,710.2

10%

Index Options

31,351.5

37,335.0

-16%

35,470.3

-12%

Index Options ADV

1,567.6

1,777.9

-12%

1,612.3

-3%

ETP Options

26,701.2

24,581.0

9%

27,443.6

-3%

ETP Options ADV

1,335.1

1,170.5

14%

1,247.4

7%

CBOE Market Share: January   

  • CBOE's market share of total U.S. options industry volume in January was 27.0 percent, a decrease of 1.3 percentage points from January 2014.  ETP options market share posted a gain over the previous year, while equity options and index options experienced declines.  

CBOE Market Share Current Month


Jan 2015

Jan 2014

% Pt. Chg

Dec 2014

% Pt. Chg

Total Exchange

27.0%

28.3%

-1.3%

28.4%

-1.4%

Equity Options

19.3%

21.5%

-2.2%

20.7%

-1.4%

Index Options

96.2%

97.8%

-1.6%

97.2%

-1.0%

ETP Options

21.1%

19.6%

1.5%

20.2%

0.9%

C2 Trading Volume and Market Share

C2 Volume: January   

  • C2's ADV during the month was 357,500 contracts, up 12 percent from December and up 15 percent from January 2014. Exchange-wide trading volume totaled 7.2 million contracts, an increase of two percent from the previous month and an increase of nine percent from a year ago.
  • During the month, ADV in equity options increased 130 percent from a year ago, while ADV in ETP options decreased three percent from January 2014.

C2 Trading Volume Current Month

(trades in thousands)

Jan

2015

Jan

2014

% Chg

Dec 2014

% Chg

Trading Days

20

21


22


Total Exchange

7,150.0

6,536.0

9%

7,029.8

2%

Total Exchange ADV

357.5

311.2

15%

319.5

12%

Equity Options

1,872.2

854.9

119%

1,183.0

58%

Equity Options ADV

93.6

40.7

130%

53.8

74%

Index Options

66.9

29.2

129%

71.8

-7%

Index Options ADV

3.3

1.4

140%

3.3

2%

ETP Options

5,211.0

5,651.8

-8%

5,774.9

-10%

ETP Options ADV

260.5

269.1

-3%

262.5

-1%

C2 Market Share: January   

  • C2's market share of total U.S. options industry volume in January was 2.0 percent, an increase of 0.3 percentage points from January 2014.
  • Equity options posted a gain in market share over the previous year, while ETP options experienced a year-over-year decline.

CBOE Market Share Current Month


Jan 2015

Jan 2014

% Pt. Chg

Dec 2014

% Pt. Chg

Total Exchange

2.0%

1.7%

0.3%

2.0%

0.0%

Equity Options

1.0%

0.4%

0.6%

0.6%

0.4%

Index Options

0.2%

0.1%

0.1%

0.2%

0.0%

ETP Options

4.1%

4.5%

-0.4%

4.2%

-0.1%

CBOE Futures Exchange (CFE) Trading Volume

CFE Volume: January   

  • CFE's ADV during the month was 228,683 contracts, up nine percent from January 2014 and up one percent from December. Exchange-wide trading volume totaled 4.6 million contracts, an increase of four percent from a year ago and a decrease of eight percent from the previous month.
  • ADV in futures on the CBOE Volatility Index® (VIX® Index) during the month was 228,436 contracts, up nine percent from January 2014 and up one percent from December. VIX futures volume totaled 4.6 million contracts in January, an increase of four percent from a year ago and a decrease of eight percent from the previous month.

CBOE Holdings Average Revenue Per Contract 

The company will report its average revenue per contract for the three months ended December 31, 2014, in conjunction with its quarterly earnings news release, which will be issued on Friday, February 6, 2015. This information also will be posted to the Investor Relations section of CBOE's web site under Financial Information, Supplemental Information.

About CBOE Holdings:
CBOE Holdings, Inc. CBOE is the holding company for Chicago Board Options Exchange, Incorporated (CBOE), CBOE Futures Exchange, LLC (CFE) and other subsidiaries. CBOE, the largest U.S. options exchange and creator of listed options, continues to set the bar for options and volatility trading through product innovation, trading technology and investor education. CBOE Holdings offers equity, index and ETP options, including proprietary products, such as S&P 500 options (SPX), the most active U.S. index option, and options and futures on the CBOE Volatility Index (the VIX Index). Other products engineered by CBOE include equity options, security index options, Weeklys options, LEAPS options, FLEX options, and benchmark products such as the CBOE S&P 500 BuyWrite Index (BXM). CBOE Holdings is home to the world-renowned Options Institute and www.cboe.com, the go-to place for options and volatility trading resources.

CBOE-V
CBOE-2
CBOE-EF

CBOE®, Chicago Board Options Exchange®, CFE®, Execute Success®, FLEX®, LEAPS®, CBOE Volatility Index® and VIX® are registered trademarks, and BuyWriteSM, BXMSM, CBOE Futures ExchangeSM, The Options InstituteSM and WeeklysSM are service marks of Chicago Board Options Exchange, Incorporated (CBOE). C2SM and C2 Options ExchangeSM are service marks of C2 Options Exchange, Incorporated (C2). Russell 2000® is a registered trademark of Frank Russell Company, used under license. 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, C2 and CFE. All other trademarks and service marks are the property of their respective owners.

Logo - http://photos.prnewswire.com/prnh/20121022/MM97794LOGO-a

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/cboe-holdings-reports-january-2015-trading-volume-300029371.html

SOURCE CBOE Holdings, Inc.

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