News Release

CME Group Volume Averaged 12.3 Million Contracts per Day in January 2011, Up 10 Percent

Wed Feb 02 2011

CHICAGO, Feb. 2, 2011 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced January volume averaged 12.3 million contracts per day, up 10 percent from January 2010.  Total volume for January was 246 million contracts, of which a record 85 percent was traded electronically.

In January, CME Group interest rate volume averaged 5.3 million contracts per day, up 12 percent compared with the prior January.  Treasury futures volume averaged 2.2 million contracts per day, up 25 percent compared with the same period in 2010, and Treasury options volume averaged 273,000 contracts per day, down 10 percent.  Eurodollar futures volume averaged 2.1 million contracts per day, up 10 percent versus January 2010, and Eurodollar options volume averaged 656,000 contracts per day, down 4 percent.

CME Group equity index volume averaged 2.6 million contracts per day, down 11 percent from January 2010.  CME Group foreign exchange (FX) volume averaged 939,000 contracts per day, up 15 percent compared with the same period a year ago, reflecting average daily notional value of $126 billion.

CME Group energy volume averaged 2.0 million contracts per day, up 22 percent compared with January 2010.  Driving this strong growth in energy, Light Sweet Crude Oil (WTI) futures and options were up 57 percent and 21 percent for the month, respectively.  The futures contract reached a record volume of 1.5 million contracts on January 28, and the options contract set a record of 294,000 contracts on January 31, one trading day after the prior record.

CME Group agricultural commodities volume averaged 1.1 million contracts per day, up 37 percent compared with the prior January.  CME Group metals volume averaged 412,000 contracts per day, up 16 percent compared with the same period last year.

Electronic volume averaged 10.4 million contracts per day, up 13 percent from the prior January, while privately negotiated volume increased 2 percent, to 182,000 contracts per day. Average daily volume cleared through CME ClearPort was 457,000 contracts for January 2011, down 11 percent compared with January 2010.  Open outcry volume averaged 1.3 million contracts per day in January 2011, down 4 percent versus the prior January.


MONTHLY AVERAGE DAILY VOLUME (ADV)


Total Exchange ADV

( in thousands)



Jan 2011

Jan 2010


Trading Days

20

19






PRODUCT LINE

Jan 2011

Jan 2010

  Percent Change

Interest Rates

5,312

4,761

12%

Equity Index

2,553

2,861

-11%

FX

939

820

15%

Energy (including CME ClearPort)

2,011*

1,646

22%

Commodities

1,056

771

37%

Metals (including CME ClearPort)

412

355

16%

    Total

12,282

11,213

10%





VENUE

Jan 2011

Jan 2010

Percent Change

Open outcry

1,263

1,317

-4%

CME Globex

10,379

9,201

13%

Privately negotiated

182

179

2%

CME ClearPort (OTC)

457

516

-11%




ROLLING THREE-MONTH AVERAGES


Average Daily Volume (In thousands)



3-Month Period Ending

PRODUCT LINE

Jan-11

Dec-10

Nov-10

Oct-10

Interest Rates

5,767

5,566

5,608

5,098

Equity Index

2,510

2,545

2,837

2,746

FX

903

887

935

885

Energy

1,674

1,581

1,693

1,725

Commodities

1,048

1,067

1,125

1,025

Metals

391

372

365

273

    Total

12,293

12,018

12,563

11,752






VENUE

Jan-11

Dec-10

Nov-10

Oct-10

Open outcry

1,393

1,418

1,484

1,372

Electronic

10,283

9,978

10,422

9,715

Privately negotiated

214

222

222

200

CME ClearPort (OTC)

402

400

434

465




Average Rate Per Contract (In dollars)


3-Month Period Ending

PRODUCT LINE

Nov-10

Oct-10

Sep-10

Aug-10

Interest Rates

0.498

0.497

0.495

0.493

Equity Index

0.695

0.696

0.708

0.709

FX

0.795

0.793

0.795

0.791

Energy

1.606

1.558

1.540

1.542

Commodities

1.220

1.242

1.256

1.287

Metals

1.733

1.750

1.791

1.743

    Total

0.815

0.816

0.810

0.811






VENUE

Nov-10

Oct-10

Sep-10

Aug-10

Exchange-Traded

0.751

0.749

0.747

0.747

CME ClearPort (OTC)

2.579

2.439

2.292

2.317




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.

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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