VIX® Futures and Options
After the VIX methodology was changed in 2003, VIX volatility index futures contracts were introduced on The CBOE Futures Exchange (CFE) in 2004. Subsequently, in 2006, CBOE introduced VIX volatility index options. In the short time that VIX futures and options have been listed for trading, they have experienced rapid growth in trading volume and open interest.
The following chart shows the average daily volume by month for VIX futures trading from April 2004 through September 2012.
This second chart shows the average daily volume by month for VIX option trading from March 2006 through September 2012.