CFE Pushes to Record Volume Levels in 2012

CFE pushes to record levels in 2012

VIX Futures and CFE exchange-wide volume doubled from 2011 and not only did CFE end up with a record trading day on the last day of the year, but 2013 started with another single day record of 221,323.  Plus in a record-setting year, a host of new milestones were achieved at the exchange.   

2012 Volume


Total CFE trading volume in 2012 set a new record with 23.89 million contracts traded, an increase of 98 percent from 12.04 million contracts traded in 2011, the previous annual record.  Additionally, 2012  marked the third consecutive year of record exchange-wide trading activity for CFE. Average daily volume (ADV) at CFE reached a new high for a third straight year in 2012. The 95,571 contracts per day doubled the 47,782 contracts traded per day in 2011. Total 2012 VIX futures volume set a new record with 23.79 million contracts traded, an increase of 98 percent from the 12.03 million contracts traded in 2011, which stood as the previous annual record. VIX futures ADV for 2012 was 95,143 contracts, also a third consecutive annual record.  ADV was up 100 percent from the 47,730 contracts traded per day in 2011, the previous high mark. Also during 2012, VIX futures open interest set numerous records, the highest at 469,000 contracts on December 13.  

  

Monthly Volume Summary

Year-To-Date

 

Dec

2012

Dec

2011

%

Chg

Nov

2012

%

Chg

 

2012

 

2011

%

Chg

Trading Days

20

21

 

21

 

250

252

 

VIX Index Futures

Total

2,435,648

648,118

276%

2,734,248

-12%

23,785,806

12,027,955

98%

ADV

121,782

30,863

295%

130,202

-6%

95,143

47,730

99%

CFE Total Exchange

Total

2,446,471

648,594

277%

2,744,177

-11%

23,892,851

12,041,102

98%

ADV

122,323

30,885

296%

130,675

-6%

95,571

47,782

100%

 

 

December 2012 Volume Recap

Total trading volume at CFE during December was 2.45 million contracts up 277 percent from December 2011 volume of nearly 650,000 contracts and down 11 percent from the record 2.74 million contracts traded during November. 

 

Total exchange-wide ADV during December was 122,323 contracts, up 296 percent from December 2011 ADV of 30,885 contracts and down six percent from record ADV of 130,675 contracts in November. 

Trading volume in VIX futures during December totaled nearly 2.44 million contracts, up 276 percent from 648,118 contracts traded in December 2011 and down 12 percent from the record 2.73 million contracts traded during November. ADV in VIX futures during December was 121,782 contracts, down six percent versus the record ADV of 130,200 contracts in November. When compared to the ADV of 30,863 contracts in December 2011, December ADV rose by 295 percent. And as mentioned earlier, VIX futures posted a record setting day on December 31 with 212,800.

Indeed a nice way to end the year, but even more noteworthy is the record set to start 2013!