News Release

CME Group Volume Averaged 13.0 Million Contracts per Day in November 2014, Up 7 Percent from November 2013

Tue Dec 02 2014

CHICAGO, Dec. 2, 2014 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that November 2014 volume averaged 13.0 million contracts per day, up 7 percent from November 2013.  Total volume for November 2014 was more than 246 million contracts, of which 88 percent was traded electronically.  Options volume in November averaged 2.2 million contracts per day, up 16 percent versus November 2013, with electronic options growing 24 percent over the same period.

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CME Group interest rate volume averaged 6.3 million contracts per day in November 2014, up 4 percent compared with November 2013.  Eurodollar futures volume averaged 1.8 million contracts per day, down 8 percent from the same period a year ago.  Eurodollar options volume averaged 606,000 contracts per day, up 25 percent from November last year.  Treasury futures volume averaged 3.3 million contracts per day, up 10 percent compared with November 2013.  Treasury options volume averaged 482,000 contracts per day, down 9 percent from the same period last year, with a record 67 percent of the overall Treasury options volume trading electronically.  Overall CME Group interest rate open interest has increased 41 percent year-to-date. 

CME Group FX volume averaged 929,000 contracts per day, up 29 percent from November 2013.  The average daily notional value of FX contracts traded in November was $105 billion.  CME Group equity index volume in November 2014 averaged 2.0 million contracts per day, down 8 percent from the same period a year ago.   

CME Group agricultural commodities volume averaged 1.3 million contracts per day in November 2014, up 7 percent compared with the prior-year period.  CME Group energy volume averaged 1.9 million contracts per day, up 25 percent from November 2013.  CME Group metals volume averaged 477,000 contracts per day, up 26 percent compared with the prior November.

In November 2014, CME Group cleared $153 billion in average daily notional value of over-the-counter (OTC) interest rate swaps.  During the month, OTC interest rate swap open interest increased 4 percent from the end of October to $22.8 trillion, which represents 61 percent of clients' total cleared OTC interest rate swap open interest.  Average daily trade count for the month was 1,506.

MONTHLY AVERAGE DAILY VOLUME (ADV)


Total Exchange ADV

( in thousands)



Nov 2014

Nov 2013


Trading Days

19

20






PRODUCT LINE

Nov 2014

Nov 2013

Percent Change

Interest Rates

6,271

6,017

4%

Equity Indexes

2,042

2,213

-8%

Foreign Exchange (FX)

929

718

29%

Energy

1,923

1,533

25%

Agricultural Commodities

1,310

1,220

7%

Metals

477

379

26%

     Total

12,953

12,079

7%





VENUE

Nov 2014

Nov 2013

Percent Change

Open outcry

993

966

3%

CME Globex

11,355

10,481

8%

Privately negotiated*

604

633

-4%

 

ROLLING THREE-MONTH AVERAGES



Average Daily Volume (In thousands)




3-Month Period Ending

PRODUCT LINE

Nov-14

Oct-14

Sep-14

Aug-14

Interest Rates

7,941

8,221

7,181

6,643

Equity Indexes

3,112

3,158

2,586

2,392

Foreign Exchange (FX)

1,024

937

797

671

Energy

1,757

1,609

1,562

1,534

Agricultural Commodities

1,205

1,127

1,058

1,104

Metals

373

312

308

308

     Total

15,411

15,364

13,493

12,651






VENUE

Nov-14

Oct-14

Sep-14

Aug-14

Open outcry

1,323

1,358

1,208

1,092

Electronic

13,387

13,330

11,627

10,925

Privately negotiated*

701

676

657

634






*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

Oct-14

Sep-14

Aug-14

Jul-14

Interest Rates

0.467

0.473

0.473

0.470

Equity Indexes

0.684

0.687

0.695

0.704

Foreign Exchange (FX)

0.759

0.788

0.830

0.850

Energy

1.302

1.291

1.259

1.250

Agricultural Commodities

1.331

1.362

1.398

1.409

Metals

1.692

1.707

1.709

1.712

     Total

0.705

0.725

0.740

0.737

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, its trading facilities in New York and Chicago, and through its London-based CME Europe derivatives exchange.  CME Group also operates one of the world's leading central counterparty clearing providers through CME Clearing and CME Clearing Europe, which offer 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

Michael Shore, 312.930.2363; or Chris Grams, 312.930.3435, news@cmegroup.com, www.cmegroup.mediaroom.com; or Investor Contact, John Peschier, 312.930.8491

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