CBOE Holdings Inc. said late Tuesday that a volatile August significantly boosted contract trading volumes and set records. CBOE said options and futures volume for August jumped 26% to 125.2 million contracts from a year ago. August 21 was the CBOE’s busiest day ever with 11.2 million contracts traded, surpassing a record set in August 2011. Options for the CBOE Volatility Index set a new average daily volume record for the month of just under 1 million contracts. VIX futures volume jumped 41% to 6.4 million contracts from a year ago, as the so-called “fear index” itself rallied nearly 160% over the month.
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