US option volume slows from record pace

Reuters – The options market suffered a setback as U.S. exchange-listed volume last month fell 21.2 percent to 224.9 million contracts down from 310.8 million contracts for the same period last year, the Option Industry Council (OIC) said on Monday.

The drop in November volume comes as annual overall option volume stood at record levels of 3.4 billion contracts, up 28 percent from the 11 month period in 2007.

Trading fell for several reasons. Last month had fewer trading days. This year, November had two trading days less than November 2007.

Read Complete Article

About the HedgeCo News Team

The Hedge Fund News Team stays on top of breaking news in the Hedge Fund industry on an hourly basis. Signup to HedgeCo.Net to recieve Daily or Weekly news updates from our team.
This entry was posted in Syndicated and tagged , , , . Bookmark the permalink.

Comments are closed.