CME Group Reached Average Daily Volume of 16 Million Contracts in August 2017, up 16 Percent from August 2016
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CHICAGO, Sept. 5, 2017 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that August 2017 average daily volume (ADV) reached 16 million contracts, up 16 percent compared with August 2016. CME Group August 2017 options volume averaged 3.1 million contracts per day, up 30 percent versus August 2016, with electronic options averaging 2.2 million contracts per day, up 51 percent over the same period last year. Open interest at the end of August was 119 million contracts, up 13 percent from the end of August 2016.

Metals volume averaged 622,000 contracts per day in August 2017, up 50 percent from August 2016.  Highlights include:

  • Grew Gold futures and options ADV 57 percent to 345,000 contracts, including Gold options ADV of 44,000 contracts, up 68 percent
  • Increased Silver futures and options ADV 34 percent to 121,000 contracts
  • Achieved 57 percent growth for Base Metals, including Copper futures and options, which averaged more than 128,000 contracts per day, also up 57 percent
  • Hit record open interest in Copper futures of 338,000 contracts on August 16, 2017

Foreign Exchange volume averaged 817,000 contracts per day in August 2017, up 29 percent from August 2016.  Highlights include:

  • Reached Euro FX futures and options ADV of 204,000 contracts, up 35 percent
  • Grew Japanese Yen futures and options ADV 37 percent to 149,000 contracts
  • Increased ADV of emerging market currency pairs futures and options, with Indian Rupee up 238 percent, South African Rand up 146 percent, Swiss Franc up 63 percent, Russian Ruble up 75 percent and Brazilian Real up 14 percent

Energy volume averaged a record 2.8 million contracts per day in August 2017, up 25 percent from August 2016.  Highlights include:

  • Grew WTI Crude Oil futures and options ADV 40 percent to a record 1.7 million contracts, including WTI Crude Oil futures growth of 50 percent to 1.5 million contracts
  • Grew Refined Products futures and options ADV 37 percent to 479,000 contracts
  • Reached record Gasoline futures and options ADV of 258,000 contracts, up 40 percent, and record Heating Oil futures and options ADV of 209,000 contracts, up 37 percent

Agricultural volume averaged 1.4 million contracts per day in August 2017, up 18 percent from August 2016.  Highlights include:

  • Grew Corn futures and options ADV 23 percent to 504,000 contracts
  • Increased Agricultural options ADV 21 percent to 255,000 contracts
  • Grew Soybean, Soybean Meal, Soybean Oil futures and options ADV 23 percent, 14 percent and 11 percent, respectively
  • Achieved 25 percent growth in Hard Red Winter Wheat futures and options ADV

Equity Index volume averaged 2.7 million contracts per day in August 2017, up 15 percent from August 2016.  Highlights include:

  • Increased Equity Index options ADV 40 percent to 725,000 contracts
  • Grew E-mini Nasdaq 100 futures and options ADV 84 percent to 341,000 contracts
  • Traded an average of 79,000 Monday and Wednesday Weekly S&P 500 options (E-mini and Standard) year to date through August, which accounted for 12 percent of total Equity Index options ADV during the same timeframe

Interest Rate volume averaged 7.8 million contracts per day in August 2017, up 10 percent from August 2016.  Highlights include:

  • Increased Treasury futures and options ADV 21 percent to 4.7 million contracts, including 67 percent growth in Treasury options ADV to 788,000, with 78 percent traded electronically
  • Achieved 27 percent growth in Weekly Treasury options ADV to 121,000 contracts
  • Grew electronic Eurodollar options ADV 89 percent to 402,000 contracts, with 41 percent of overall Eurodollar options volume executed electronically, a monthly record
  • Increased Ultra 10-Year Treasury Note futures and options 78 percent to 146,000 , and reached record open interest of 461,000 contracts in Ultra 10-Year Treasury Note futures on August 28, 2017

Footnote: To see CME Group daily over-the-counter (OTC) notional cleared volumes and open interest, monthly OTC notional cleared volumes and monthly total trade count, go to http://www.cmegroup.com/education/cme-volume-oi-records.html

 

MONTHLY AVERAGE DAILY VOLUME (ADV)





Total Exchange ADV

(in thousands)



Aug 2017

Aug 2016


Trading Days

23

23






PRODUCT LINE

Aug 2017

Aug 2016

Percent Change

Interest Rates

7,753

7,051

10%

Equity Indexes

2,687

2,336

15%

Foreign Exchange (FX)

817

632

29%

Energy

2,790

2,236

25%

Agricultural Commodities

1,378

1,169

18%

Metals

622

414

50%

   Total

16,048

13,836

16%





VENUE

Aug 2017

Aug 2016

P Percent Change

Open outcry

851

798

7%

CME Globex

14,667

12,429

18%

Privately negotiated

529

609

-13%

 

 

ROLLING THREE-MONTH AVERAGES



Average Daily Volume (In thousands) 




3-Month Period Ending

PRODUCT LINE

Aug-17

July-17

Jun-17

May-17

Interest Rates

7,199

7,590

8,210

8,645

Equity Indexes

2,665

2,548

2,707

2,724

Foreign Exchange (FX)

898

901

879

868

Energy

2,695

2,653

2,632

2,557

Agricultural Commodities

1,580

1,517

1,491

1,272

Metals

563

533

533

525

   Total

15,600

15,742

16,453

16,591






VENUE

Aug-17

Jul-17

Jun-17

May-17

Open outcry

858

923

1,115

1,261

Electronic

14,139

14,149

14,582

14,572

Privately negotiated

603

671

756

758

 

 

Average Rate Per Contract (In dollars)




3-Month Period Ending

PRODUCT LINE

Jul-17

Jun-17

May-17

Apr-17

Interest Rates

0.489

0.491

0.492

0.494

Equity Indexes

0.740

0.731

0.727

0.722

Foreign Exchange (FX)

0.803

0.807

0.808

0.826

Energy

1.100

1.096

1.113

1.125

Agricultural Commodities

1.275

1.300

1.281

1.323

Metals

1.459

1.449

1.459

1.485

   Total

0.759

0.749

0.734

0.736

As the world's leading and most diverse derivatives marketplace, CME Group (www.cmegroup.com) is where the world comes to manage risk. Through its exchanges, CME Group offers 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 products and metals. CME Group provides electronic trading globally on its CME Globex platform. The company also offers clearing and settlement services across asset classes for exchange-traded and over-the-counter derivatives through its clearinghouses CME Clearing and CME Clearing Europe. CME Group's products and services ensure that businesses around the world can effectively manage risk and achieve growth.

CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex and E-mini are trademarks of Chicago Mercantile Exchange Inc.  CBOT, Chicago Board of Trade, KCBT and Kansas City Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc.  NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc.  COMEX is a trademark of Commodity Exchange, Inc.  Dow Jones, Dow Jones Industrial Average, S&P 500 and S&P are service and/or trademarks of Dow Jones Trademark Holdings LLC, Standard & Poor's Financial Services LLC and S&P/Dow Jones Indices LLC, as the case may be, and have been licensed for use by Chicago Mercantile Exchange Inc.  All other trademarks are the property of their respective owners.

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SOURCE CME Group

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