News Release

CME Group Volume Averaged 10.3 Million Contracts per Day in August 2012

Wed Sep 05 2012

CHICAGO, Sept. 5, 2012 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that August 2012 volume averaged 10.3 million contracts per day, down 40 percent from an all-time record in August 2011 that was driven by extremely high market turbulence that month.  Total volume for August 2012 was more than 237 million contracts, of which 86 percent was traded electronically.

In August 2012, CME Group interest rate volume averaged 4.7 million contracts per day, down 41 percent from August 2011, but up 21 percent sequentially.  Treasury futures volume averaged 2.4 million contracts per day, while Treasury options volume averaged 348,000 contracts per day.  Eurodollar futures volume averaged 1.5 million contracts per day, while Eurodollar options volume averaged 414,000 contracts per day.

CME Group equity index volume in August 2012 averaged 2.0 million contracts per day, down 58 percent from the same period last year.  CME Group foreign exchange (FX) volume averaged 731,000 contracts per day, down 26 percent from August 2011.

CME Group energy volume averaged 1.6 million contracts per day in August 2012, down 15 percent compared with the same period in 2011, but up 2 percent sequentially. CME Group metals volume averaged 290,000 contracts per day, down 44 percent from the same period last year.  CME Group agricultural commodities volume in August averaged 1.0 million contracts per day, up 2 percent compared with the prior-year period. 

Electronic volume averaged 8.8 million contracts per day in August 2012, down 39 percent compared with August 2011.  Privately negotiated volume decreased 40 percent to 185,000 contracts per day from the prior August.  Average daily volume cleared through CME ClearPort was 373,000 contracts in August 2012, down 23 percent compared with August 2011.  Open outcry volume averaged 913,000 contracts per day, down 52 percent versus the prior-year period.

MONTHLY AVERAGE DAILY VOLUME (ADV)


Total Exchange ADV

( in thousands)



Aug 2012

Aug 2011


Trading Days

23

23






PRODUCT LINE

Aug 2012

Aug 2011

   Percent Change

Interest Rates

4,700

7,979

-41%

Equity Indexes

1,981

4,725

-58%

Foreign Exchange (FX)

731

991

-26%

Energy (including CME ClearPort)

1,570

1,851

-15%

Agricultural Commodities

1,047

1,027

2%

Metals (including CME ClearPort)

290

522

-44%

     Total

10,320

17,095

-40%





VENUE

 Aug 2012

 Aug 2011

 Percent Change

Open outcry

913

1,884

-52%

CME Globex

8,850

14,420

-39%

Privately negotiated

185

306

-40%

CME ClearPort (OTC)

373

484

-23%

ROLLING THREE-MONTH AVERAGES

Average Daily Volume (In thousands)


3-Month Period Ending

PRODUCT LINE

Aug-12

Jul-12

Jun-12

May-12

Interest Rates

4,553

4,984

5,136

5,333

Equity Indexes

2,621

2,963

2,919

2,674

Foreign Exchange (FX)

858

934

920

882

Energy

1,631

1,716

1,741

1,715

Agricultural Commodities

1,272

1,319

1,288

1,194

Metals

330

370

372

377

     Total

11,266

12,286

12,376

12,174






VENUE

Aug-12

Jul-12

Jun-12

May-12

Open outcry

1,027

1,136

1,109

1,179

Electronic

9,654

10,512

10,595

10,307

Privately negotiated

217

231

238

232

CME ClearPort (OTC)

368

408

434

456

Average Rate Per Contract (In dollars)


3-Month Period Ending

PRODUCT LINE

Jul-12

Jun-12

May-12

Apr-12

Interest Rates

0.477

0.485

0.486

0.484

Equity Indexes

0.670

0.674

0.687

0.691

Foreign Exchange (FX)

0.790

0.807

0.821

0.835

Energy

1.477

1.496

1.502

1.507

Agricultural Commodities

1.282

1.264

1.247

1.232

Metals

1.644

1.649

1.649

1.648

     Total

0.809

0.812

0.808

0.817






VENUE

Jul-12

Jun-12

May-12

Apr-12

Exchange-Traded

0.747

0.750

0.747

0.749

CME ClearPort (OTC)

2.606

2.510

2.394

2.381

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 world's leading central counterparty clearing providers, which offers clearing and settlement services across asset classes for exchange-traded contracts and over-the-counter derivatives transactions. These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk.

CME Group is a trademark of CME Group Inc. The Globe Logo, CME, Globex and Chicago Mercantile Exchange are trademarks of Chicago Mercantile Exchange Inc.  CBOT and the Chicago Board of Trade are trademarks of the Board of Trade of the City of Chicago, Inc.  NYMEX, New York Mercantile Exchange and ClearPort are registered 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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