FOR IMMEDIATE RELEASE


Trading At CBOE Futures Exchange (CFE) Sets New Record In 2006; Volume Increases 170% For The Year

Chicago, January 3, 2007 - The CBOE Futures Exchange, LLC (CFE) announced today that trading during 2006 set a new CFE record for total annual trading volume.On the year, CFE's 2006 volume surged 170% over 2005, as 478,160 contracts traded, compared to 177,046 contracts traded during 2005. CFE continues to post year-over-year annual trading growth as 2006, the exchange's third year, marked its highest volume total to date. Average daily volume for the 251 trading days of 2006 was 1,905 contracts.At year's end, open interest had jumped 237% versus the end of 2005 -- 35,751 contracts compared to 10,603 contracts, respectively.

Trading in VX futures, based on the CBOE Volatility Index (VIX), was the most-actively traded product at CFE during 2006 with a total volume of 434,362 contracts. Additionally, volume in futures on the CBOE DJIA Volatility Index (DV) for the year was 38,893 contracts, while volume in CBOE S&P 500 Three-Month Variance futures (VT) was 3,725 contracts during 2006.

CFE currently offers futures on six different contracts, including: the CBOE Volatility Index, CBOE S&P 500 Three-Month and Twelve-Month Variance, CBOE DJIA Volatility Index, CBOE China Index, and the CBOE S&P 500 BuyWrite Index, "BXM."

CFE, launched in March 2004, is a wholly-owned subsidiary of Chicago Board Options Exchange, Incorporated, offering an all-electronic, open access market model, with traders providing liquidity and making markets. CFE is regulated by the Commodity Futures Trading Commission (CFTC), and its trades are cleared by the triple-A rated Options Clearing Corporation (OCC). More information on CFE and its products, including contract specifications, can be found at: www.cboe.com/CFE.


Contacts:
Lynne Howard-Reed
(312) 786-7123
howardl@cboe.com

Gary Compton
(312) 786-7612
comptong@cboe.com

CBOE(R), Chicago Board Options Exchange(R), CBOEdirect(R), CBOE Volatility Index(R), and VIX(R) are registered trademarks of Chicago Board Options Exchange, Incorporated (CBOE). SPXsm and BXMsm are service marks of Chicago Board Options Exchange, Incorporated (CBOE). Gas At The Pump(R) is a registered trademark of CBOE Futures Exchange, LLC. DJIA and Dow Jones Industrial Average are trademarks of Dow Jones & Company, Inc. and have been licensed for use for certain purposes by CBOE. Standard & Poor's(R), S&P(R), and S&P 500(R) are registered trademarks of The McGraw-Hill Companies, Inc. and are licensed for use by CBOE and CFE pursuant to a License Agreement.The methodology of the CBOE S&P 500 BuyWrite Index is owned by CBOE and may be covered by one or more patents or pending patent applications.