CME Group Volume Averaged 12.1 Million Contracts per Day in November 2013, Up 9 Percent from November 2012 - Interest rate volume up 32 percent

- Eurodollars futures and options volumes up 53 and 56 percent, respectively

- Treasury futures and options volumes up 16 and 48 percent, respectively

- Agricultural commodities volume up 12 percent

CHICAGO, Dec. 3, 2013 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that November 2013 volume averaged 12.1 million contracts per day, up 9 percent compared with November 2012.  Total volume for November 2013 was more than 241 million contracts, of which 87 percent was traded electronically. 

CME Group interest rate volume averaged 6.0 million contracts per day in November, up 32 percent from November 2012.  Eurodollar futures volume averaged 2.0 million contracts per day, up 53 percent from the same period a year ago.  Eurodollar options volume averaged 484,000 contracts per day, up 56 percent from November last year.  Treasury futures volume averaged 3.0 million contracts per day, up 16 percent compared with the same period a year ago.  Treasury options volume averaged 533,000 contracts per day, up 48 percent from November 2012.  The Ultra T-Bond achieved a monthly average daily volume record of 133,732 contracts in November 2013.

CME Group foreign exchange (FX) volume averaged 718,000 contracts per day, down 7 percent from November 2012, while FX options volume was up 49 percent.  The average daily notional value of FX contracts traded in November was more than $88 billion. CME Group equity index volume in November 2013 averaged 2.2 million contracts per day, down 18 percent from the same period last year. 

In November 2013, CME Group agricultural commodities volume averaged 1.2 million contracts per day, up 12 percent compared with the prior-year period.  CME Group energy volume averaged 1.5 million contracts per day in November 2013, up 2 percent compared with the prior November.  CME Group metals volume in November 2013 averaged 379,000 contracts per day, down 9 percent from November 2012. 

In November 2013, CME Group cleared an average $92 billion a day of notional value of OTC interest rate swaps, excluding Thanksgiving.  OTC IRS open interest increased 10 percent from the end of October to $8.2 trillion, as 398 market participants have cleared trades at CME Group during 2013.

Note that the KCBT hard red winter wheat average daily volume is included within the CME Group rollup as of April 1, 2013, but not historically prior to that date, following the acquisition which closed on November 30, 2012.

MONTHLY AVERAGE DAILY VOLUME (ADV)


Total Exchange ADV

( in thousands)



Nov 2013

Nov 2012


Trading Days

20

21






PRODUCT LINE

Nov 2013

Nov 2012

Percent Change

Interest Rates

6,017

4,574

32%

Equity Indexes

2,213

2,685

-18%

Foreign Exchange (FX)

718

775

-7%

Energy

1,533

1,505

2%

Agricultural Commodities

1,220

1,091

12%

Metals

379

415

-9%

     Total

12,079

11,045

9%





VENUE

Nov 2013

Nov 2012

Percent Change

Open outcry

966

795

21%

CME Globex

10,481

9,670

8%

Privately negotiated*

633

579

9%

ROLLING THREE-MONTH AVERAGES

Average Daily Volume (In thousands)


3-Month Period Ending

PRODUCT LINE

Nov-13

Oct-13

Sep-13

Aug-13

Interest Rates

5,768

5,790

5,839

6,473

Equity Indexes

2,599

2,633

2,408

2,696

Foreign Exchange (FX)

725

734

792

913

Energy

1,574

1,585

1,609

1,667

Agricultural Commodities

1,035

1,006

1,009

1,084

Metals

334

334

360

394

     Total

12,034

12,083

12,018

13,226






VENUE

Nov-13

Oct-13

Sep-13

Aug-13

Open outcry

1,076

1,150

1,173

1,234

Electronic

10,299

10,278

10,199

11,313

Privately negotiated*

659

655

646

679

*The privately negotiated venue includes both traditional block trades as well as what was historically categorized as CME ClearPort.  Going forward there will no longer be a break out for CME ClearPort.

Average Rate Per Contract (In dollars)


3-Month Period Ending

PRODUCT LINE

Oct-13

Sep-13

Aug-13

Jul-13

Interest Rates

0.482

0.484

0.466

0.461

Equity Indexes

0.682

0.695

0.711

0.717

Foreign Exchange (FX)

0.823

0.819

0.808

0.806

Energy

1.292

1.300

1.282

1.270

Agricultural Commodities

1.292

1.323

1.357

1.383

Metals

1.638

1.626

1.623

1.624

     Total

0.752

0.762

0.750

0.738

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 and its trading facilities in New York and Chicago.  CME Group also operates CME Clearing, one of the world's leading central counterparty clearing providers, which offers 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



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