News Release

CME Group Volume Averaged 11.1 Million Contracts per Day in October 2013, Up 12 Percent from October 2012

Mon Nov 04 2013

CHICAGO, Nov. 4, 2013 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that October 2013 volume averaged 11.1 million contracts per day, up 12 percent compared with October 2012.  Total volume for October 2013 was more than 255 million contracts, of which 86 percent was traded electronically. 

CME Group interest rate volume averaged 4.9 million contracts per day in October, up 20 percent from October 2012.  Eurodollar futures volume averaged 1.9 million contracts per day, up 22 percent from the same period a year ago.  Eurodollar options volume averaged 653,000 contracts per day, up 57 percent from October last year.  Treasury futures volume averaged 1.8 million contracts per day, up 7 percent compared with the same period a year ago.  Treasury options volume averaged 474,000 contracts per day, up 34 percent from October 2012. 

CME Group equity index volume in October 2013 averaged 2.7 million contracts per day, up 19 percent from the same period last year, and equity index options volume was up 98 percent.  CME Group foreign exchange (FX) volume averaged 644,000 contracts per day, down 9 percent from October 2012, and FX options volume was up 91 percent.  The average daily notional value of FX contracts traded in October was more than $80 billion.

In October 2013, CME Group metals volume averaged 302,000 contracts per day, up 10 percent from October 2012.  CME Group energy volume averaged 1.6 million contracts per day in October 2013, up 1 percent compared with the prior October.  CME Group agricultural commodities volume in October 2013 averaged 976,000 contracts per day, up 1 percent compared with the prior-year period.

In October 2013, CME Group cleared an average $102 billion a day of notional value of OTC interest rate swaps.  OTC IRS open interest increased 17 percent from the end of September to $7.4 trillion, as more than 380 market participants have cleared trades at CME Group to date. 

Note that the KCBT hard red winter wheat average daily volume is included within the CME Group rollup as of April 1, 2013, but not historically prior to that date, following the acquisition which closed on November 30, 2012.

 

MONTHLY AVERAGE DAILY VOLUME (ADV)

       

Total Exchange ADV

( in thousands)

 
 

Oct 2013

Oct 2012

 

Trading Days

23

23

 
       

PRODUCT LINE

Oct 2013

Oct 2012

Percent Change

Interest Rates

4,868

4,050

20%

Equity Indexes

2,682

2,263

19%

Foreign Exchange (FX)

644

709

-9%

Energy

1,626

1,610

1%

Agricultural Commodities

976

971

1%

Metals

302

275

10%

     Total

11,097

9,878

12%

       

VENUE

 Oct 2013

 Oct 2012

Percent Change

Open outcry

966

798

21%

CME Globex

9,503

8,556

11%

Privately negotiated*

628

523

20%

 

ROLLING THREE-MONTH AVERAGES

 

Average Daily Volume (In thousands)

 
 

3-Month Period Ending

PRODUCT LINE

Oct-13

Sep-13

Aug-13

Jul-13

Interest Rates

5,790

5,839

6,473

7,067

Equity Indexes

2,633

2,408

2,696

2,841

Foreign Exchange (FX)

734

792

913

1,011

Energy

1,585

1,609

1,667

1,715

Agricultural Commodities

1,006

1,009

1,084

1,029

Metals

334

360

394

418

     Total

12,083

12,018

13,226

14,081

         
 

VENUE

Oct-13

Sep-13

Aug-13

Jul-13

Open outcry

1,150

1,173

1,234

1,229

Electronic

10,278

10,199

11,313

12,162

Privately negotiated*

655

646

679

690

*The privately negotiated venue includes both traditional block trades as well as what was historically categorized as CME ClearPort. Going forward there will no longer be a break out for CME ClearPort.

 

Average Rate Per Contract (In dollars)

   
 

3-Month Period Ending

PRODUCT LINE

Sep-13

Aug-13

Jul-13

Jun-13

Interest Rates

0.484

0.466

0.461

0.455

Equity Indexes

0.695

0.711

0.717

0.714

Foreign Exchange (FX)

0.819

0.808

0.806

0.826

Energy

1.300

1.282

1.270

1.260

Agricultural Commodities

1.323

1.357

1.383

1.378

Metals

1.626

1.623

1.624

1.613

     Total

0.762

0.750

0.738

0.748

 

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.  KCBOT, KCBT and Kansas City Board of Trade are trademarks of The Board of Trade of Kansas City, Missouri, 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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