CME Group Achieved Record Average Daily Volume of 18.7 million Contracts per Day in February 2016, up 18 Percent from February 2015

- Energy volume averaged a record 2.7 million contracts per day

- Interest rates had second-highest average daily volume month ever, and Treasury futures and options volume averaged a record 5.1 million contracts per day

- Agricultural products and metals each had fourth highest monthly average daily volume ever

- Electronic trading reached record 16.4 million contracts per day

- Open interest established daily record on February 11 of 116 million contracts, and month-end record of 111 million contracts

Mar 02, 2016, 07:30 ET from CME Group

CHICAGO, March 2, 2016 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that February 2016 volume averaged a record 18.7 million contracts per day, up 18 percent from February 2015.  CME Group options volume averaged 3.5 million contracts per day, up 24 percent versus February 2015, with electronic options growing 38 percent over the same period.

Financial Products

Interest rate volume averaged 9.6 million contracts per day in February 2016, up 11 percent compared with February 2015, with record interest rate futures of 7.5 million contracts per day, up 7 percent from over the same period. Treasury futures and options volume was a record 5.1 million contracts per day, up 6 percent from the same period a year ago, and included record 5-year note and 10-year note futures.  The new ultra 10-year U.S. Treasury note futures averaged 43,000 contracts per day in February, up from 17,000 per day in January, the month they launched.  Treasury options reached 70 percent traded electronically for the first time.  Eurodollar futures and options average daily volume of 4.4 million was up 15 percent.  Eurodollar options reached an open interest record of 39.6 million contracts during the month, and Treasury futures open interest reached an all-time high of 8.5 million contracts.

Equity index volume in February 2016 averaged 3.5 million contracts per day, up 54 percent from February 2015.  E-mini futures and options volume averaged 3.3 million contracts per day, up 53 percent.  Equity futures averaged 2.8 million contracts per day, up 60 percent from the year-ago period, and equity options were up 33 percent over the same period.

Foreign exchange volume averaged 954,000 contracts per day in February 2016, up 26 percent from the same period a year ago.

Commodity Products

Energy volume averaged a record 2.7 million contracts per day in February 2016, up 13 percent from February 2015.  It included record energy futures of 2.4 million contracts per day, record WTI crude oil futures and options of 1.5 million contracts per day, record RBOB gasoline futures of 192,000 contracts per day and record European gasoil futures of 23,000 contracts per day.

Agricultural commodities volume averaged 1.4 million contracts per day, up 2 percent from the prior-year period.  Average daily volume for the month represented the fourth highest month ever.

Metals volume averaged 487,000 contracts per day, up 48 percent from the same period a year ago, representing the fourth highest monthly average daily volume.  It also included monthly average daily volume records in gold weekly options, gold kilo futures, and E-micro gold futures.

Footnote:  To see CME Group daily over-the-counter (OTC) notional cleared volumes and open interest, monthly OTC notional cleared volumes and monthly total trade count, go to http://www.cmegroup.com/education/cme-volume-oi-records.html.

MONTHLY AVERAGE DAILY VOLUME (ADV)





Total Exchange ADV

( in thousands)



Feb 2016

Feb 2015


Trading Days

20

19






PRODUCT LINE

Feb 2016

Feb 2015

Percent Change

Interest Rates

9,639

8,706

11%

Equity Indexes

3,481

2,258

54%

Foreign Exchange (FX)

954

755

26%

Energy

2,738

2,413

13%

Agricultural Commodities

1,371

1,349

2%

Metals

487

329

48%

     Total

18,671

15,810

18%





VENUE

Feb 2016

Feb 2015

Percent Change

Open outcry

1,402

1,436

-2%

CME Globex

16,390

13,690

20%

Privately negotiated

879

684

29%

 

ROLLING THREE-MONTH AVERAGES




Average Daily Volume (In thousands)





3-Month Period Ending

PRODUCT LINE

Feb-16

Jan-16

Dec-15

Nov-15

Interest Rates

7,996

7,087

6,097

6,272

Equity Indexes

3,552

3,187

2,743

2,922

Foreign Exchange (FX)

934

855

779

799

Energy

2,448

2,196

2,032

1,996

Agricultural Commodities

1,175

1,176

1,200

1,211

Metals

381

359

326

337

     Total

16,486

14,861

13,178

13,538






VENUE

Feb-16

Jan-16

Dec-15

Nov-15

Open outcry

1,448

1,330

1,055

1,055

Electronic

14,245

12,799

11,420

11,749

Privately negotiated

793

732

704

734

 

Average Rate Per Contract (In dollars)





3-Month Period Ending

PRODUCT LINE

Jan-16

Dec-15

Nov-15

Oct-15

Interest Rates

0.514

0.517

0.514

0.509

Equity Indexes

0.717

0.718

0.723

0.718

Foreign Exchange (FX)

0.788

0.813

0.799

0.783

Energy

1.240

1.232

1.186

1.194

Agricultural Commodities

1.333

1.339

1.320

1.302

Metals

1.631

1.644

1.641

1.615

     Total

0.772

0.789

0.775

0.762

 

As the world's leading and most diverse derivatives marketplace, CME Group (www.cmegroup.com) is where the world comes to manage risk. CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. CME Group brings buyers and sellers together through its CME Globex® electronic trading platform, its trading facilities in New York and Chicago, and through its London-based CME Europe derivatives exchange.  CME Group also operates one of the world's leading central counterparty clearing providers through CME Clearing and CME Clearing Europe, which offer clearing and settlement services across asset classes for exchange-traded contracts and over-the-counter derivatives transactions.  These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk.

CME Group is a trademark of CME Group Inc. The Globe Logo, CME, Globex and Chicago Mercantile Exchange are trademarks of Chicago Mercantile Exchange Inc.  CBOT and the Chicago Board of Trade are trademarks of the Board of Trade of the City of Chicago, Inc.  NYMEX, New York Mercantile Exchange and ClearPort are registered trademarks of New York Mercantile Exchange, Inc.  COMEX is a trademark of Commodity Exchange, Inc.  KCBOT, KCBT and Kansas City Board of Trade are trademarks of The Board of Trade of Kansas City, Missouri, Inc.  All other trademarks are the property of their respective owners. Further information about CME Group (NASDAQ: CME) and its products can be found at www.cmegroup.com.

CME-G

 

SOURCE CME Group



RELATED LINKS

http://www.cmegroup.com