CBOE Reports August 2015 Volumes, Options Business Outperforms

The Chicago Board Options Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (CBOE) Holdings (NASDAQ: CBOE), an integral operator of the US equity options market, has released its volumes for the month ending August 2015, according to a CBOE statement.

During August 2015, CBOE Holdings reported a total trading volume for options contracts on Chicago Board Options Exchange, C2 Options Exchange, and futures contracts on CBOE Futures Exchange of 125.2 million, surging higher by 17.6% MoM from 106.5 million contracts in July 2015.

The robust figure was even more upbeat over a yearly timeframe, with August 2015’s volumes at the CBOE growing 26.3% YoY from 99.1 million contracts in August 2014.

In addition, total options and futures average daily volume (ADV) at CBOE Holdings during August 2015 yielded 6.0 million contracts, relating to an increase of 25% MoM from 4.8 million contracts in July 2015 and a jump of 26.4% from 4.7 million in August 2014.

CBOE Volumes

Across its options business, Chicago Board Options Exchange ADV came in at 5.3 million contracts in August 2015, up 23.2% MoM from 4.3 million contracts in July 2015, coupled with a boost of 26.0% YoY from August 2014. The exchange-wide trading volume totaled 111.1 million contracts in August 2015, climbing 18.6% MoM from 93.7 million contracts in July 2015.

In terms of ADV, index options in August 2015 managed to rise 41.0% MoM from July 2015, while ADV in exchange-traded product (ETP) options grew by 23% and equity options also moved higher by 4.0% MoM from July 2014.

C2 Option Exchange

Moreover, C2 Option Exchange’s June 2015 trading volume totaled 7.8 million contracts, up 2.6% MoM from 7.6 million contracts in July 2015 and a rise of 19.0% YoY from August 2014. Meanwhile, ADV was reported at 369,808 contracts in July 2015, a 10.0% MoM increase from 343,996 contracts in July 2015 and a 19.0% boost YoY from August 2014.

VIX Futures

Finally, CBOE Futures Exchange released a July 2015 ADV in VIX futures of 304,964 contracts, good for a 33.8% rise from 227,970 contracts in July 2015 and 41.0% uptick YoY from August 2014. Additionally, total volume in VIX futures for August 2015 was 6.4 million contracts, growing 28.0% MoM from 5.0 million contracts in July 2015 and 41.0% from August 2014.