August 2014 was the busiest month all-time for average daily volume and total trading volume, both exchange-wide at CFE and for futures on the CBOE Volatility Index (VIX Index).
Average daily volume in VIX futures was a record 216,996 contracts during August, an increase of 37 per cent from August 2013 and an increase of 10 per cent from July 2014. August's record ADV surpassed the previous record ADV of 216,797 contracts in February 2014.
Total volume in VIX futures reached a new all-time high during August with 4.56 million contracts, up 31 per cent from August 2013 and up five per cent from July 2014. August's record total volume topped the previous record of 4.40 million contracts in January 2014.
New records were also set in exchange-wide ADV and total volume during August. Exchange-wide ADV was 217,440 contracts, a 36-per cent increase from a year ago and a 10-per cent increase from July 2014. The record ADV in August surpassed the previous record ADV of 217,029 contracts in February 2014.
Exchange-wide total volume during the month was 4.57 million contracts, a 29-per cent increase from August 2013 and a five-per cent increase from July 2014. August's record total volume topped the previous record of 4.41 million contracts in January 2014.
In August, trading volume in VIX futures outside of regular US trading hours averaged 21,748 contracts per day, accounting for approximately 10 per cent of CFE's total daily volume.
