News Release

CME Group Volume Averaged 14.4 Million Contracts per Day in Third-Quarter 2015, Up 7 Percent from Third-Quarter 2014

Fri Oct 02 2015

CHICAGO, Oct. 2, 2015 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that September 2015 volume averaged 14.1 million contracts per day, down 7 percent from September 2014.  Total volume was more than 296 million contracts, of which 87 percent was traded electronically.  Average daily volume to date in 2015 is 14.2 million contracts, up 7 percent versus the same period in 2014, with year-over-year growth across all six product lines.

CME Group interest rate volume averaged 6.2 million contracts per day in September 2015, down 23 percent compared with September 2014.  Treasury futures volume averaged 2.3 million contracts per day, down 21 percent from the same period a year ago.  Treasury options volume was down 24 percent at more than 515,000 contracts per day.  Eurodollar futures volume averaged 2.3 million contracts per day, down 30 percent compared with September 2014.  Eurodollar options volume averaged 966,000 contracts per day, down 22 percent in September, with 20 percent of the Eurodollar options volume traded electronically.

CME Group equity index volume in September 2015 averaged 3.7 million contracts per day, up 19 percent from September 2014.  CME Group foreign exchange volume averaged 947,000 contracts per day, down 18 percent from the same period a year ago.  The average daily notional value of FX contracts traded in September was $95 billion

CME Group energy volume averaged 1.9 million contracts per day in September 2015, up 22 percent from September 2014.  CME Group agricultural commodities volume averaged 1.1 million contracts per day, up 3 percent compared with the prior-year period.  CME Group metals volume averaged 295,000 contracts per day, down 9 percent compared with the prior September.

In September 2015, CME Group cleared $199 billion in average daily notional value of over-the-counter (OTC) interest rate swaps.  Month-end OTC interest rate swap open interest was $22 trillion, which represents 60 percent of clients' total cleared OTC interest rate swap open interest.  Average daily trade count for the month was 1,473.

Third-quarter 2015 volume averaged 14.4 million contracts per day, up 7 percent from third-quarter 2014.  Main highlights included 26 percent growth in energy average daily volume, 20 percent growth in agricultural commodities and 14 percent growth in metals.  Third-quarter 2015 options average daily volume of 2.9 million contracts grew 9 percent from third-quarter 2014, with electronic options average daily volume growing at 23 percent for the same period to 55 percent electronic.

 

MONTHLY AVERAGE DAILY VOLUME (ADV)

       

Total Exchange ADV

( in thousands)

 
 

Sep 2015

Sep 2014

 

Trading Days

21

21

 
       

PRODUCT LINE

Sep 2015

Sep 2014

Percent Change

Interest Rates

6,196

8,074

-23%

Equity Indexes

3,664

3,076

19%

Foreign Exchange (FX)

947

1,150

-18%

Energy

1,948

1,598

22%

Agricultural Commodities

1,060

1,031

3%

Metals

295

325

-9%

     Total

14,110

15,254

-7%

 

 

VENUE

Sep 2015

Sep 2014

Percent Change

Open outcry

1,054

1,445

-27%

CME Globex

12,296

13,046

-6%

Privately negotiated*

760

763

0%

 

 

QUARTERLY AVERAGE DAILY VOLUME (ADV)

       

Total Exchange ADV

( in thousands)

 
 

Q3 2015

Q3 2014

 

Trading Days

64

64

 
       

PRODUCT LINE

Q3 2015

Q3 2014

Percent Change

Interest Rates

6,658

7,181

-7%

Equity Indexes

3,287

2,590

27%

Foreign Exchange (FX)

855

797

7%

Energy

1,965

1,562

26%

Agricultural Commodities

1,267

1,054

20%

Metals

353

308

14%

     Total

14,384

13,493

7%

 

 

VENUE

Q3 2015

Q3 2014

Percent Change

Open outcry

1,110

1,208

-8%

CME Globex

12,620

11,627

9%

Privately negotiated*

653

657

-1%

 

ROLLING THREE-MONTH AVERAGES

   

Average Daily Volume (In thousands)

   
 

3-Month Period Ending

PRODUCT LINE

Sep-15

Aug-15

Jul-15

Jun-15

Interest Rates

6,658

6,905

6,876

6,599

Equity Indexes

3,287

3,024

2,519

2,364

Foreign Exchange (FX)

855

870

866

903

Energy

1,965

1,885

1,764

1,749

Agricultural Commodities

1,267

1,493

1,447

1,400

Metals

353

365

351

331

     Total

14,384

14,542

13,823

13,347

         
 

VENUE

Sep-15

Aug-15

Jul-15

Jun-15

Open outcry

1,110

1,171

1,179

1,108

Electronic

12,620

12,781

12,086

11,705

Privately negotiated

653

590

557

534

 

Average Rate Per Contract (In dollars)

   
 

3-Month Period Ending

PRODUCT LINE

Aug-15

Jul-15

Jun-15

May-15

Interest Rates

0.501

0.500

0.502

0.498

Equity Indexes

0.705

0.718

0.725

0.731

Foreign Exchange (FX)

0.798

0.820

0.816

0.820

Energy

1.236

1.243

1.277

1.278

Agricultural Commodities

1.294

1.291

1.311

1.315

Metals

1.606

1.618

1.634

1.644

     Total

0.766

0.766

0.777

0.775

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

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

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