CME Group Volume Averaged 13.7 Million Contracts per Day in November 2015, Up 6 Percent from November 2014

- Eurodollar options average daily volume rose 70 percent

- Equity index average daily volume rose 16 percent

- Interest rate average daily volume rose 9 percent

Dec 02, 2015, 07:30 ET from CME Group

CHICAGO, Dec. 2, 2015 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that November 2015 volume averaged 13.7 million contracts per day, up 6 percent from November 2014. Total volume during November 2015 was more than 274 million contracts, of which 87 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 five of six product lines. Open interest through November is 102 million contracts, up 9 percent from year-end 2014.

CME Group interest rate volume averaged 6.9 million contracts per day in November 2015, up 9 percent compared with November 2014. Treasury futures volume averaged 3.3 million contracts per day, down 1 percent from the same period a year ago. Treasury options volume was down 2 percent at more than 474,000 contracts per day. Eurodollar futures volume averaged 2 million contracts per day, up 10 percent compared with November 2014. Eurodollar options volume averaged 1 million contracts per day, up 70 percent in November, with 24 percent of the Eurodollar options volume traded electronically.

CME Group equity index volume in November 2015 averaged 2.4 million contracts per day, up 16 percent from November 2014. CME Group foreign exchange volume averaged 713,000 contracts per day, down 23 percent from the same period a year ago. The average daily notional value of FX contracts traded in November was $72 billion

CME Group energy volume averaged 2 million contracts per day in November 2015, up 2 percent from November 2014. CME Group agricultural commodities volume averaged 1.4 million contracts per day, up 5 percent compared with the prior-year period. CME Group metals volume averaged 419,000 contracts per day, down 12 percent compared with the prior November.

In November 2015, CME Group cleared $126 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 1,207.

MONTHLY AVERAGE DAILY VOLUME (ADV)





Total Exchange ADV

( in thousands)



Nov 2015

Nov 2014


Trading Days

20

19






PRODUCT LINE

Nov 2015

Nov 2014

Percent Change

Interest Rates

6,866

6,271

9%

Equity Indexes

2,367

2,043

16%

Foreign Exchange (FX)

713

929

-23%

Energy

1,971

1,924

2%

Agricultural Commodities

1,376

1,308

5%

Metals

419

477

-12%

     Total

13,712

12,953

6%





VENUE

Nov 2015

Nov 2014

Percent Change

Open outcry

1,041

993

5%

CME Globex

11,980

11,355

6%

Privately negotiated*

692

604

14%

 


ROLLING THREE-MONTH AVERAGES


Average Daily Volume (In thousands)


3-Month Period Ending

PRODUCT LINE

Nov-15

Oct-15

Sep-15

Aug-15

Interest Rates

6,272

6,614

6,658

6,905

Equity Indexes

2,922

3,348

3,287

3,024

Foreign Exchange (FX)

799

856

855

870

Energy

1,996

2,044

1,965

1,885

Agricultural Commodities

1,211

1,195

1,267

1,493

Metals

337

326

353

365

     Total

13,538

14,383

14,384

14,542







VENUE

Nov-15

Oct-15

Sep-15

Aug-15

Open outcry

1,055

1,078

1,110

1,171

Electronic

11,749

12,586

12,620

12,781

Privately negotiated

734

719

653

590

 

Average Rate Per Contract (In dollars)


3-Month Period Ending

PRODUCT LINE

Oct-15

Sept-15

Aug-15

Jul-15

Interest Rates

0.509

0.506

0.501

0.500

Equity Indexes

0.718

0.708

0.705

0.718

Foreign Exchange (FX)

0.783

0.785

0.798

0.820

Energy

1.194

1.197

1.236

1.243

Agricultural Commodities

1.302

1.290

1.294

1.291

Metals

1.615

1.600

1.606

1.618

     Total

0.762

0.759

0.766

0.766

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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