News Release

CME Group Volume Averaged 10.2 Million Contracts per Day in August 2009, Up 5 Percent from July 2009

Wed Sep 02 2009

 

 

CHICAGO, Sept. 2 /PRNewswire-FirstCall/ -- CME Group, the world's largest and most diverse derivatives marketplace, today announced that August volume averaged 10.2 million contracts per day, down 7 percent from August 2008, but up 5 percent from July 2009 and representing the best year-over-year performance to date in 2009. Total volume was 214 million contracts for August, of which 81 percent was traded electronically. Electronic volume averaged 8.3 million contracts per day, down 6 percent from the prior August, but up 5 percent compared with July 2009. Average daily volume cleared through CME ClearPort was 440,000 contracts for August 2009, up 7 percent compared with August 2008. CME Group year-to-date volume through August averaged 10.2 million contracts per day.

 

CME Group interest rate volume averaged 4.7 million contracts per day, down 6 percent compared with August 2008, but up 14 percent compared with July 2009. CME Group equity index volume averaged 2.5 million contracts per day, down 10 percent compared with August 2008. CME Group foreign exchange (FX) volume experienced its highest non-roll month level to date in 2009, averaging 616,000 contracts per day, with notional value of approximately $79 billion, down 7 percent compared with the prior August. CME Group commodities and alternative investments volume averaged 735,000 contracts per day, down 14 percent from August 2008. CME Group energy volume (including volume cleared through CME ClearPort) averaged 1.5 million contracts per day for August 2009, up 5 percent compared with the same period last year. CME Group metals volume (including volume cleared through CME ClearPort) averaged 184,000 contracts per day for August 2009, down 23 percent compared with the prior August.

 

 

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 TRAKRS( )products, for which CME Group receives significantly lower clearing fees than other CME Group products, Swapstream products, and HuRLO products.

 


    MONTHLY AVERAGE DAILY VOLUME (ADV)

                              Total Exchange Pro Forma ADV
                      (CME, CBOT and NYMEX combined, in thousands)

                                    Aug 2009     Aug 2008
                                    --------     --------
    Trading Days                       21           21

    PRODUCT LINE                    Aug 2009     Aug 2008     Percent Change
                                    --------     --------     --------------
    Interest Rates                   4,738        5,056             -6%
    Equity Index                     2,452        2,733            -10%
    FX                                 616          659             -7%
    Commodities and Alt. Inv.          735          852            -14%
    Energy (including CME
     ClearPort)                      1,470        1,396              5%
    Metals (including CME
     ClearPort)                        184          240            -23%
                                       ---          ---            ---
         Total                      10,194       10,936             -7%

                                    Aug 2009     Aug 2008     Percent Change
                                    --------     --------     --------------
    VENUE
    Open outcry                      1,338        1,524            -12%
    CME Globex                       8,267        8,835             -6%
    Privately negotiated               149          165            -10%
    CME ClearPort (OTC)                440*         412              7%


    *The PJM daily electricity swap futures contracts, which have an average
    rate per contract of approximately 10 cents, accounted for approximately
    15 percent of the total volume cleared through CME ClearPort in August
    2009.



    ROLLING THREE-MONTH AVERAGES

    Average Daily Volume (In thousands)

                                           3-Month Period Ending
                                     Aug-09   Jul-09   Jun-09   May-09
    Interest Rates                    4,670    4,664    4,389    3,942
    Equity Index                      2,639    2,812    2,987    3,407
    FX                                  644      622      568      513
    Commodities/Alt. Investments        799      799      818      717
    Energy                            1,450    1,430    1,396    1,393
    Metals                              193      201      190      195
                                        ---      ---      ---      ---
    Total                            10,395   10,527   10,349   10,167
    Open outcry                       1,382    1,444    1,431    1,318
    Electronic                        8,389    8,446    8,266    8,187
    Privately negotiated                173      177      173      152
    CME ClearPort (OTC)                 451      460      478      510


    Average Rate Per Contract (In dollars)

                                           3-Month Period Ending
                                     Jul-09   Jun-09   May-09   Apr-09
    Interest Rates                    0.518    0.525    0.522    0.527
    Equity Index                      0.720    0.712    0.701    0.708
    FX                                0.874    0.901    0.905    0.920
    Commodities/Alt. Investments      1.129    1.130    1.107    1.126
    Energy                            1.673    1.653    1.616    1.578
    Metals                            1.803    1.808    1.831    1.860
                                      -----    -----    -----    -----
    Total                             0.821    0.823    0.818    0.829
    Exchange-Traded                   0.759    0.765    0.757    0.769
    CME ClearPort (OTC)               2.163    2.031    1.972    1.850


 

As the world's largest 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 and its products can be found at www.cmegroup.com.

 

CME-G

 

 

 

 

SOURCE CME Group

SOURCE: CME Group

Web site: http://www.cmegroup.com/

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