News Release

CME Group Volume Averaged 10.8 Million Contracts per Day in July 2010, Up 12 Percent

Tue Aug 03 2010

CHICAGO, Aug. 3 /PRNewswire-FirstCall/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that July volume averaged 10.8 million contracts per day, up 12 percent from July 2009.  Total volume was 227 million contracts for July, of which 83 percent was traded electronically.  

In July 2010, CME Group interest rate volume averaged 4.5 million contracts per day, up 8 percent compared with the prior July.  Treasury futures volume averaged 2.0 million contracts per day, up 35 percent compared with the same period in 2009, and Treasury options volume averaged 235,000 contracts per day, up 13 percent.  Eurodollar futures volume averaged 1.5 million contracts per day, down 16 percent versus July 2009, while Eurodollar options volume averaged 657,000 contracts per day, up 8 percent.  

CME Group equity index volume averaged 2.8 million contracts per day, up 13 percent from July 2009, reflecting the third consecutive month of positive year-over-year growth since May 2009.  CME Group foreign exchange (FX) volume averaged 833,000 contracts per day, up 36 percent compared with the same period a year ago, reflecting average daily notional value of $104 billion.  

CME Group energy volume averaged 1.5 million contracts per day, up 6 percent compared with July 2009.  CME Group agricultural commodities and alternative investments volume averaged 859,000 contracts per day, up 15 percent compared with the prior July.  CME Group metals volume averaged 300,000 contracts per day, up 54 percent compared with the same period last year.

Electronic volume averaged 9.0 million contracts per day, up 14 percent from the prior July, while privately negotiated volume increased 2 percent to 153,000 contracts per day. Average daily volume cleared through CME ClearPort was 459,000 contracts for July 2010, up 6 percent compared with July 2009.  Open outcry volume averaged 1.2 million contracts per day in July, up 2 percent versus July 2009.  

MONTHLY AVERAGE DAILY VOLUME (ADV)





Total Exchange ADV

(in thousands)



Jul 2010

Jul 2009


Trading Days

21

22






PRODUCT LINE

Jul 2010

Jul 2009

Percent Change

Interest Rates

4,484

4,168

8%

Equity Index

2,850

2,532

13%

FX

833

612

36%

Energy (including CME ClearPort)

1,504*

1,421

6%

Commodities and Alt. Inv.

859

748

15%

Metals (including CME ClearPort)

300

195

54%

    Total

10,829

9,676

12%






VENUE

Jul 2010

Jul 2009

Percent Change

Open outcry

1,206

1,185

2%

CME Globex

9,012

7,908

14%

Privately negotiated

153

150

2%

CME ClearPort (OTC)

459

433

6%



*The PJM daily electricity swap futures contracts, which have an average rate per contract of approximately 10 cents, averaged 108,644 in July 2010. This accounted for approximately 7 percent of the total Energy volume in July 2010, up from 2 percent in June 2010.

ROLLING THREE-MONTH AVERAGES


Average Daily Volume (In thousands)



3-Month Period Ending

PRODUCT LINE

Jul-10

Jun-10

May-10

Apr-10

Interest Rates

5,708

6,074

6,147

5,393

Equity Index

3,555

3,455

3,119

2,724

FX

1,035

1,035

1,008

892

Energy

1,718

1,798

1,737

1,645

Commodities/Alt. Investments

843

855

773

827

Metals

322

308

315

296

    Total

13,180

13,525

13,098

11,778






VENUE

Jul-10

Jun-10

May-10

Apr-10

Open outcry

1,473

1,538

1,540

1,349

Electronic

11,043

11,340

10,916

9,809

Privately negotiated

192

198

196

187

CME ClearPort (OTC)

472

448

445

432




Average Rate Per Contract (In dollars)



3-Month Period Ending

PRODUCT LINE

Jun-10

May-10

Apr-10

Mar-10

Interest Rates

0.481

0.484

0.492

0.503

Equity Index

0.713

0.713

0.712

0.713

FX

0.798

0.809

0.811

0.803

Energy

1.581

1.604

1.628

1.636

Commodities/Alt. Investments

1.282

1.265

1.248

1.244

Metals

1.749

1.776

1.696

1.734

    Total

0.790

0.789

0.809

0.821






VENUE

Jun-10

May-10

Apr-10

Mar-10

Exchange-Traded

0.732

0.730

0.746

0.754

CME ClearPort (OTC)

2.489

2.478

2.465

2.392




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, 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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