FOR IMMEDIATE RELEASE


JULY IS BUSIEST TRADING MONTH OF 2009 AT CFE; Volume Rises 36% Over Previous Month, Down Slightly From 2008, Third Consecutive Month-Over-Month Volume Gain

CHICAGO, August 3, 2009 - The CBOE Futures Exchange, LLC (CFE) today announced that July was the most active month of trading during 2009.The 89,851 contracts traded during July was an increase of 36 percent over 66,247 contracts traded during June 2009.Average daily volume during the month was 4,084 contracts, exceeding 3,011 contracts per day during June 2009 by 36 percent.July was the third consecutive month this year to post month-over-month volume gains at CFE.

Compared to a year ago, July 2009 total volume dipped three percent from 92,565 contracts traded in July 2008.Average daily volume during the month was also off three percent versus 4,208 contracts per day during the same month last year.Year to date, CFE's total volume of 392,352 contracts is 44 percent behind 2008's pace of 701,454 contracts.

CBOE Futures Exchange July 2009 Volume Summary
	July 2009 Volume 22 trading days	% Change vs July 2008 22 trading days	% Change vs June 2009 22 trading days	Year-To Date Volume 146 trading days	% Change vs 2008 147 trading days
Exchange	89,851	-3%	+36%	392,352	-44%
Average Daily Volume	4,084	-3%	+36%	2,687	-43%

July 2009 volume in VIX futures, based on the CBOE Volatility Index (ticker VX), totaled 88,941 contracts, an increase of 37 percent from 65,007 contracts traded during the previous month, while also up four percent from 85,931 contracts traded in July 2008.July's average daily volume in VIX futures was 4,043 contracts, 37 percent above 2,955 contracts per day in June, and four percent higher than 3,906 contracts per day from a year ago.

Volume in CFE's newest contract, the CBOE mini-VIX futures (ticker symbol VM), totaled 845 contracts traded during July, 30 percent below 1,202 contracts in June.CBOE mini-VIX futures contracts are one-tenth the size of CFE's standard CBOE VIX futures contract.CBOE mini-VIX futures were launched in March 2009.Additional information on mini-VIX futures can be found at: http://cfe.cboe.com/Products/Products_VM.aspx.

CFE currently offers futures on six different contracts, including: the CBOE Volatility Index (VIX), CBOE DJIA Volatility Index (VXD), CBOE Nasdaq-100 Volatility Index (VXN), CBOE Russell 2000 Volatility Index (RVX) and CBOE S&P 500 3-Month and 12-Month Variance (VT and VA, respectively).

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 trades are cleared by the triple-A-rated Options Clearing Corporation (OCC). CBOE Futures Exchange is regulated by the Commodity Futures Trading Commission (CFTC).

More information on CFE and its products, including contract specifications, can be found at: www.cboe.com/CFE.



CBOE Media Contacts:
Gail Osten
(312) 786-7123
osten@cboe.com

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

Analyst Contact:
Debbie Koopman
(312) 786-7136
koopman@cboe.com


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