CME Group Volume Averaged 12.8 Million Contracts per Day in October 2015

- Energy average daily volume rose 17 percent

- October 2014 energy average daily volume highlights include 29 percent growth in natural gas futures, 47 percent growth in natural gas options and 14 percent growth in WTI futures

Nov 03, 2015, 07:30 ET from CME Group

CHICAGO, Nov. 3, 2015 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that October 2015 volume averaged 12.8 million contracts per day, down 27 percent from an exceptionally strong October 2014 which included our highest daily trading volume on October 15 of 39.6 million contracts. Total volume during October 2015 was more than 282 million contracts, of which 86 percent was traded electronically. Average daily volume to date in 2015 is 14.1 million contracts, up 3 percent versus the same period in 2014, with year-over-year growth across four of six product lines. Open interest through October is 102 million contracts, up 8 percent from year-end 2014.

CME Group interest rate volume averaged 5.8 million contracts per day in October 2015, down 37 percent compared with October 2014.  Treasury futures volume averaged 2.2 million contracts per day, down 38 percent from the same period a year ago.  Treasury options volume was down 36 percent at more than 447,000 contracts per day.  Eurodollar futures volume averaged 2 million contracts per day, down 46 percent compared with October 2014.  Eurodollar options volume averaged 1.1 million contracts per day, down 13 percent in October, with 21 percent of the Eurodollar options volume traded electronically.

CME Group equity index volume in October 2015 averaged 2.7 million contracts per day, down 33 percent from October 2014.  CME Group foreign exchange volume averaged 735,000 contracts per day, down 25 percent from the same period a year ago.  The average daily notional value of FX contracts traded in October was $75 billion

CME Group energy volume averaged 2.1 million contracts per day in October 2015, up 17 percent from October 2014.  CME Group agricultural commodities volume averaged 1.2 million contracts per day, down 5 percent compared with the prior-year period.  CME Group metals volume averaged 304,000 contracts per day, down 8 percent compared with the prior October.

In October 2015, CME Group cleared $79 billion in average daily notional value of over-the-counter (OTC) interest rate swaps.  Month-end OTC interest rate swap open interest was $22 trillion, which represents 57 percent of clients' total cleared OTC interest rate swap open interest.  Average daily trade count for the month was 1,047.

MONTHLY AVERAGE DAILY VOLUME (ADV)





Total Exchange ADV

( in thousands)



Oct 2015

Oct 2014


Trading Days

22

23






PRODUCT LINE

Oct 2015

Oct 2014

Percent Change

Interest Rates

5,804

9,199

-37%

Equity Indexes

2,719

4,037

-33%

Foreign Exchange (FX)

735

986

-25%

Energy

2,065

1,768

17%

Agricultural Commodities

1,206

1,267

-5%

Metals

304

330

-8%

     Total

12,832

17,586

-27%





VENUE

Oct 2015

Oct 2014

    Percent Change

Open outcry

1,068

1,484

-28%

CME Globex

11,019

15,377

-28%

Privately negotiated*

746

725

3%

 

ROLLING THREE-MONTH AVERAGES


Average Daily Volume (In thousands)



3-Month Period Ending

PRODUCT LINE

Oct-15

Sep-15

Aug-15

Jul-15

Interest Rates

6,614

6,658

6,905

6,876

Equity Indexes

3,348

3,287

3,024

2,519

Foreign Exchange (FX)

856

855

870

866

Energy

2,044

1,965

1,885

1,764

Agricultural Commodities

1,195

1,267

1,493

1,447

Metals

326

353

365

351

     Total

14,383

14,384

14,542

13,823






VENUE

Oct-15

Sep-15

Aug-15

Jul-15

Open outcry

1,078

1,110

1,171

1,179

Electronic

12,586

12,620

12,781

12,086

Privately negotiated

719

653

590

557


Average Rate Per Contract (In dollars)



3-Month Period Ending

PRODUCT LINE

Sept-15

Aug-15

Jul-15

Jun-15

Interest Rates

0.506

0.501

0.500

0.502

Equity Indexes

0.708

0.705

0.718

0.725

Foreign Exchange (FX)

0.785

0.798

0.820

0.816

Energy

1.197

1.236

1.243

1.277

Agricultural Commodities

1.290

1.294

1.291

1.311

Metals

1.600

1.606

1.618

1.634

     Total

0.759

0.766

0.766

0.777

 

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



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