CBOE Futures Exchange has reported that average daily volume (ADV) last month was up 19 per cent from January 2015 and 32 per cent higher than in December 2015.
Exchange-wide total volume also rose in January, up 13 per cent compared with January 2015 and up 14 per cent from December 2015.
Total January volume in futures on the CBOE Volatility Index (VIX Index) was 5.2 million contracts, up 13 per cent from January 2015, and up 14 per cent from December 2015. January VIX futures' ADV was 271,994 contracts, up 19 perc ent from a year ago and 32 per cent from the previous month.
Exchange-wide ADV was 272,021 contracts in January, up 19 per cent from a year ago and 32 per cent from December 2015. Total volume for January rose to 5.2 million contracts, a 13-per cent increase from the same period a year ago and up 14 per cent from December 2015.
Trading activity in VIX futures during non-US trading hours set a record in January with volume of 650,454 contracts, up from the previous record of 640,498 set in August 2015. Monthly ADV for VIX futures traded during extended trading hours also set a new record with 34,234 contracts, up from 30,500 set in August 2015. Extended trading hours volume represented 12.6 per cent of total VIX futures volume in January, an increase from nearly 9 per cent in December 2015.