CME Group Volume Averaged 11.4 Million Contracts per Day in October 2010, Up 6 Percent
CHICAGO, Nov. 2, 2010 /PRNewswire via COMTEX News Network/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that October volume averaged 11.4 million contracts per day, up 6 percent from October 2009. Total volume for October was 240 million contracts, of which 83 percent was traded electronically.
In October 2010, CME Group interest rate volume averaged 4.7 million contracts per day, up 6 percent compared with the prior October. Treasury futures volume averaged 2.1 million contracts per day, up 17 percent compared with the same period in 2009, and Treasury options volume averaged 367,000 contracts per day, up 61 percent. Eurodollar futures volume averaged 1.6 million contracts per day, down 11 percent versus October 2009, and Eurodollar options volume averaged 625,000 contracts per day, up 11 percent.
CME Group equity index volume averaged 2.7 million contracts per day, down 6 percent from October 2009. CME Group foreign exchange (FX) volume averaged 889,000 contracts per day, up 19 percent compared with the same period a year ago, reflecting average daily notional value of $121 billion.
CME Group energy volume averaged 1.7 million contracts per day, down 1 percent compared with October 2009. CME Group commodities volume averaged a record 1.1 million contracts per day, up 42 percent compared with the prior October. CME Group metals volume averaged 351,000 contracts per day, up 47 percent compared with the same period last year.
Electronic volume averaged 9.4 million contracts per day, up 6 percent from the prior October, while privately negotiated volume increased 20 percent to 209,000 contracts per day. Average daily volume cleared through CME ClearPort was 447,000 contracts for October 2010, down 20 percent compared with October 2009. Open outcry volume averaged 1.3 million contracts per day in October, up 13 percent versus October 2009.
MONTHLY AVERAGE DAILY VOLUME (ADV)
Total Exchange ADV
( in thousands)
Oct 2010 Oct 2009
-------- --------
Trading Days 21 22
PRODUCT LINE Oct 2010 Oct 2009 Percent Change
-------- -------- --------------
Interest Rates 4,722 4,472 6%
Equity Index 2,657 2,824 -6%
FX 889 747 19%
Energy (including CME
ClearPort) 1,712* 1,726 -1%
Commodities 1,113 785 42%
Metals (including CME
ClearPort) 351 239 47%
--- --- ---
Total 11,445 10,793 6%
VENUE Oct 2010 Oct 2009 Percent Change
-------- -------- --------------
Open outcry 1,344 1,186 13%
CME Globex 9,444 8,873 6%
Privately negotiated 209 175 20%
CME ClearPort (OTC) 447 559 -20%
*The PJM daily electricity swap futures contracts, which have an
average rate per contract of approximately 10 cents, averaged 45,052
in October 2010. This accounted for approximately 3 percent of the
total Energy volume in October 2010, in line with the percentage in
September 2010.
ROLLING THREE-MONTH AVERAGES
Average Daily Volume (In thousands)
3-Month Period Ending
PRODUCT LINE Oct-10 Sep-10 Aug-10 Jul-10
Interest Rates 5,098 5,020 4,875 5,708
Equity Index 2,746 2,809 3,019 3,555
FX 885 866 878 1,035
Energy 1,725 1,657 1,626 1,718
Commodities 1,025 941 918 843
Metals 273 257 266 322
--- --- --- ---
Total 11,752 11,550 11,583 13,180
VENUE Oct-10 Sep-10 Aug-10 Jul-10
Open outcry 1,372 1,327 1,288 1,473
Electronic 9,715 9,574 9,650 11,043
Privately
negotiated 200 181 177 192
CME ClearPort
(OTC) 465 468 469 472
Average Rate Per Contract (In dollars)
3-Month Period Ending
PRODUCT LINE Sep-10 Aug-10 Jul-10 Jun-10
Interest Rates 0.495 0.493 0.486 0.481
Equity Index 0.708 0.709 0.715 0.713
FX 0.795 0.791 0.790 0.798
Energy 1.540 1.542 1.553 1.581
Commodities 1.256 1.287 1.294 1.282
Metals 1.791 1.743 1.775 1.749
----- ----- ----- -----
Total 0.810 0.811 0.794 0.790
VENUE Sep-10 Aug-10 July-10 Jun-10
Exchange-Traded 0.747 0.747 0.737 0.732
CME ClearPort
(OTC) 2.292 2.317 2.332 2.489
Average daily volume and rate per contract figures from 2008 have
been revised due to standardizing NYMEX reporting conventions to
follow CME's treatment of post-trade transactions such as
exercises, assignments and deliveries.
All references to CME Group volume and rate per contract information
in the text of this document exclude our non-traditional
TRAKRSproducts, for which CME Group receives significantly lower
clearing fees than other CME Group products, HuRLO products and
credit default swap clearing.
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 largest central counterparty clearing services in the world, which provides clearing and settlement services for exchange-traded contracts, as well as for over-the-counter derivatives transactions through CME ClearPort. These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk in both listed and over-the-counter derivatives markets.
The Globe logo, CME, Chicago Mercantile Exchange, CME Group, Globex, E-mini and CME ClearPort are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of the Board of Trade of the City of Chicago. NYMEX and New York Mercantile Exchange are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, 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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