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CBOE holdings reports nine per cent fall in total ADV in July

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July average daily volume (ADV) for options contracts traded on Chicago Board Options Exchange (CBOE) and C2 Options Exchange (C2), and futures contracts traded on CBOE Futures Exchange (CFE) was 4.7 million contracts, a decrease of 2 per cent from July 2015 and 9 per cent from June 2016. 

Equity options traded at CBOE had an ADV of 1.4 million contracts in July, an increase of 13 per cent from June 2016, while S&P 500 Index (SPX) options had an ADV of 1.1 million contracts in July, an increase of 7 per cent from July 2015, and SPX options in extended trading hours at CBOE, had an ADV of 2,342 contracts in July, up from 1,781 in June 2016 and 592 in July 2015.

CBOE Volatility Index (VIX Index) futures open interest at CFE reached a new all-time high of 525,144 contracts on 20 July, surpassing the previous record of 501,835 contracts on 7 June.

On the business and operations side, CBOE announced plans on 29 July to broaden data distribution on the widely followed MSCI Emerging Markets (MXEF) and MSCI EAFE (MXEA) Indexes. Earlier in the month, on 11 July, the company also revealed its intention to list SPX Monday-expiring Weeklys options, beginning 15 August, pending regulatory approval. With the expected introduction of SPX "Monday Weeklys," which will allow investors to hedge their over-the-weekend risks, CBOE will offer SPX options with Monday, Wednesday and Friday weekly expirations.

On 6 July, CBOE also announced that it has created a series of 13 "Enhanced Growth Indexes," the second in a family of options-based strategy performance benchmarks designed to target the outcomes of specific investment strategies. The CBOE S&P 500 Enhanced Growth Indexes measure the performance of a hypothetical portfolio of SPX FLexible EXchange (FLEX) options designed to provide targeted annual returns, press release.

And on 1 July, CBOE Holdings opened its first international business development office in London, press release

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