Trading volume in CBOE’s SPXpm – S&P 500 Index options that are PM-settled – established an all-time daily volume record this week as 54,611 contracts changed hands.
Wednesday’s record surpassed the previous daily volume record of 39,472 SPXpm contracts traded on 21 June 2013.
In February, SPXpm options trading moved from C2 Options Exchange’s (C2) all-electronic environment to CBOE's hybrid model to expose SPXpm to a broader base of users, including the SPX trading crowd on CBOE’s trading floor. The migration of SPXpm unified all of CBOE’s S&P 500 products on a single exchange.
CBOE’s S&P 500 product line includes options on its flagship SPXSM contract, SPX Weeklys, SPXpm and Mini-SPX.