CME Group Volume Averaged 13.0 Million Contracts per Day in August 2014, Up 7 Percent from August 2013 - Open interest reached record level of 105.6 million contracts

- Interest rate average daily volume rose 20 percent, led by a 29 percent increase in Eurodollar futures trading

- Ultra treasury bond futures reached a record average daily volume of 158,000 contracts

- OTC interest rate swaps hit a record $169 billion in average daily notional value cleared

CHICAGO, Sept. 3, 2014 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that August 2014 volume averaged 13.0 million contracts per day, up 7 percent from August 2013.  Total volume for August 2014 was more than 273 million contracts, of which 87 percent was traded electronically.  This includes a record 52 percent of options traded electronically.  CME Group open interest hit a record level of 105.6 million contracts on August 14 and stands at approximately 103.7 million contracts at the end of the month, up 3 percent from the end of July 2014 and 24 percent year-to-date. 

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CME Group interest rate volume averaged 7.3 million contracts per day in August 2014, up 20 percent compared with August 2013.  Eurodollar futures volume averaged 2.3 million contracts per day, up 29 percent from the same period a year ago.  Eurodollar options volume averaged 710,000 contracts per day, down 5 percent from August last year.  Treasury futures volume averaged 3.7 million contracts per day, up 20 percent compared with August 2013.  Treasury options volume averaged 598,000 contracts per day, up 28 percent from the same period last year.  Overall CME Group interest rate open interest increased 7 percent from the end of July 2014 to 53 million contracts. 

CME Group equity index volume in August 2014 averaged 2.3 million contracts per day, down 3 percent from the same period a year ago.  CME Group foreign exchange (FX) volume averaged 669,000 contracts per day, down 10 percent from August 2013.  The average daily notional value of FX contracts traded in August was $80 billion.  In addition, FX open interest hit an all-time high of 2.4 million contracts at the end of the month.

CME Group agricultural commodities volume averaged 1.1 million contracts per day in August 2014, down 5 percent compared with the prior-year period.  CME Group metals volume in August 2014 averaged 281,000 contracts per day, down 25 percent from August 2013.  CME Group energy volume averaged 1.4 million contracts per day in August 2014, down 8 percent compared with the prior August.

In August 2014, CME Group cleared a record $169 billion in average daily notional value of over-the-counter (OTC) interest rate swaps.  During the month, OTC interest rate swap open interest increased 13 percent from the end of July to $19.4 trillion, which represents 56 percent of clients' total cleared OTC interest rate swap open interest.  Average daily trade count for the month was 1,669.

MONTHLY AVERAGE DAILY VOLUME (ADV)





Total Exchange ADV

( in thousands)



Aug 2014

Aug 2013


Trading Days

21

22






PRODUCT LINE

Aug 2014

Aug 2013

Percent Change

Interest Rates

7,297

6,060

20%

Equity Indexes

2,287

2,351

-3%

Foreign Exchange (FX)

669

745

-10%

Energy

1,449

1,570

-8%

Agricultural Commodities

1,058

1,117

-5%

Metals

281

374

-25%

     Total

13,040

12,218

7%







VENUE

Aug 2014

Aug 2013

Percent Change

Open outcry

1,133

1,195

-5%

CME Globex

11,372

10,402

9%

Privately negotiated*

535

622

-14%

ROLLING THREE-MONTH AVERAGES

Average Daily Volume (In thousands) 


3-Month Period Ending

PRODUCT LINE

Aug-14

Jul-14

Jun-14

May-14

Interest Rates

6,643

6,741

6,668

6,869

Equity Indexes

2,392

2,353

2,465

2,715

Foreign Exchange (FX)

671

645

638

668

Energy

1,534

1,520

1,457

1,437

Agricultural Commodities

1,104

1,057

1,084

1,062

Metals

308

322

323

342

     Total

12,651

12,638

12,636

13,093






VENUE

Aug-14

Jul-14

Jun-14

May-14

Open outcry

1,092

1,108

1,100

1,135

Electronic

10,925

10,863

10,888

11,291

Privately negotiated*

634

667

647

667

*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

Jul-14

Jun-14

May-14

Apr-14

Interest Rates

0.470

0.473

0.477

0.482

Equity Indexes

0.704

0.714

0.712

0.705

Foreign Exchange (FX)

0.850

0.861

0.854

0.822

Energy

1.250

1.298

1.340

1.379

Agricultural Commodities

1.409

1.430

1.410

1.392

Metals

1.712

1.715

1.723

1.712

     Total

0.737

0.749

0.748

0.769

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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