With the Russell 2000 Index (RUT) trading exclusively at CBOE, the average daily volume has grown to over 83,000 contracts in 2015.
The Russell 2000® Index (RUT) measures the price performance of U.S. small-cap companies, many of which derive revenues primarily in the U.S. Alternatively, the Russell 1000® (RUI) measures the price performance of U.S. large-cap. companies many of which are multinationals that generate revenue worldwide.
The CBOE Russell 2000 Volatility Index (RVX) measures the market's expectation of 30-day volatility implicit in the prices of near-term Russell 2000 options. Futures and options are available on the RVX Index.
Comparing volatility levels between CBOE S&P 500 Volatility Index (VIX) and CBOE Russell 2000 Volatility Index (RVX), the RVX typically trades at a higher level than VIX. The average daily close RVX = 19.42 and VIX = 15.44 for the time period below.