CME Group Volume Averaged 15.3 Million Contracts per Day in September 2014, Up 17 Percent from September 2013, and Included Double-Digit Growth in Foreign Exchange, Interest Rate and Agricultural Commodities Volumes

CHICAGO, Oct. 2, 2014 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that September 2014 volume averaged 15.3 million contracts per day, up 17 percent from September 2013.  Total volume for September 2014 was more than 320 million contracts, of which 86 percent was traded electronically.  CME Group open interest hit a record level of 108.4 million contracts on September 11, and stands at approximately 104.1 million contracts at the end of the month, up 24 percent year-to-date. 

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CME Group interest rate volume averaged 8.1 million contracts per day in September 2014, up 23 percent compared with September 2013.  Eurodollar futures volume averaged 3.2 million contracts per day, up 26 percent from the same period a year ago.  Eurodollar options volume averaged 1.2 million contracts per day, up 29 percent from September last year and included record average daily volume in the third-year Eurodollar mid-curve option contract.  Treasury futures volume averaged 2.9 million contracts per day, up 17 percent compared with September 2013.  Treasury options volume averaged 676,000 contracts per day, up 28 percent from the same period last year, and included a record 62 percent traded electronically.  Overall CME Group interest rate open interest has increased 47 percent year-to-date. 

CME Group FX volume averaged 1.2 million contracts per day, up 39 percent from September 2013, and included a record 110,000 FX options contracts, as well as record British Pound futures and options average daily volume.  The average daily notional value of FX contracts traded in September was $134 billion.  In addition, FX open interest hit an all-time high of 2.6 million contracts during September prior to the quarterly expiry.  CME Group equity index volume in September 2014 averaged 3.1 million contracts per day, up 6 percent from the same period a year ago.   

CME Group agricultural commodities volume averaged 1.0 million contracts per day in September 2014, up 13 percent compared with the prior-year period.  CME Group energy volume averaged 1.6 million contracts per day in September 2014, up 3 percent from September 2013.  CME Group metals volume in September 2014 averaged 325,000 contracts per day, down 1 percent compared with the prior September.

In September 2014, CME Group cleared a record $178 billion in average daily notional value of over-the-counter (OTC) interest rate swaps.  During the month, OTC interest rate swap open interest increased 3 percent from the end of August to $20.1 trillion, which represents 56 percent of clients' total cleared OTC interest rate swap open interest.

Third-quarter 2014 volume averaged 13.5 million contracts per day, up 12 percent from third-quarter 2013, and included 23 percent growth in interest rate average daily volume.  The main highlights included quarterly records for overall options, as well as FX options, 5-Year Treasury options, and E-mini S&P 500 weekly options.  Quarterly average daily volume records were also achieved in Brent futures and options, as well as Live Cattle futures and options.

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

ROLLING THREE-MONTH AVERAGES

Average Daily Volume (In thousands) 

*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)

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.

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SOURCE CME Group