News Release

CME Group Volume Averaged 15.8 Million Contracts per Day in February 2015, Up 13 Percent from February 2014

Tue Mar 03 2015

CHICAGO, March 3, 2015 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that February 2015 volume averaged 15.8 million contracts per day, up 13 percent from February 2014 and representing the all-time highest February average daily volume.  Total volume for February 2015 was more than 300 million contracts, of which 87 percent was traded electronically.  Options volume in February averaged 2.8 million contracts per day, up 14 percent versus February 2014, with electronic options growing 13 percent over the same period.

CME Group interest rate volume averaged 8.7 million contracts per day in February 2015, up 27 percent compared with February 2014.  Eurodollar futures volume averaged 2.8 million contracts per day, up 38 percent from the same period a year ago.  Eurodollar options volume averaged 1.0 million contracts per day, up 47 percent from February last year.  Treasury futures volume averaged 4.1 million contracts per day, up 20 percent compared with February 2014.  Treasury options volume averaged 656,000 contracts per day, up 3 percent from the same period last year.  Overall CME Group interest rate open interest increased 11 percent since year-end 2014. 

CME Group foreign exchange (FX) volume averaged 755,000 contracts per day, down 2 percent from February 2014.  The average daily notional value of FX contracts traded in February was $78 billion.  CME Group equity index volume in February 2014 averaged 2.3 million contracts per day, down 20 percent from the same period a year ago.   

CME Group agricultural commodities volume averaged 1.4 million contracts per day in February 2015, down 2 percent compared with the prior-year period.  CME Group energy volume averaged a record 2.4 million contracts per day, up 32 percent from February 2014, including monthly records in WTI crude oil, Brent crude oil, and heating oil.  CME Group metals volume averaged 329,000 contracts per day, down 6 percent compared with the prior January.

In February 2015, CME Group cleared $173 billion in average daily notional value of over-the-counter (OTC) interest rate swaps.  During the month, OTC interest rate swap open interest increased to $24.8 trillion, which represents 65 percent of clients' total cleared OTC interest rate swap open interest.  Average daily trade count for the month was 2,634.

MONTHLY AVERAGE DAILY VOLUME (ADV)


Total Exchange ADV

( in thousands)



Feb 2015

Feb 2014


Trading Days

19

19






PRODUCT LINE

Feb 2015

Feb 2014

Percent Change

Interest Rates

8,706

6,846

27%

Equity Indexes

2,255

2,829

-20%

Foreign Exchange (FX)

755

769

-2%

Energy

2,413

1,825

32%

Agricultural Commodities

1,352

1,383

-2%

Metals

___329

___351

_-6%

     Total

15,810

14,002

13%





VENUE

        Feb 2015

       Feb 2014

Percent Change

Open outcry

1,436

1,231

17%

CME Globex

13,690

12,020

14%

Privately negotiated*

684

751

-9%

 

ROLLING THREE-MONTH AVERAGES


Average Daily Volume (In thousands)



3-Month Period Ending

PRODUCT LINE

Feb-15

Jan-15

Dec-14

Nov-14

Interest Rates

7,621

6,862

7,445

7,941

Equity Indexes

2,858

2,791

3,114

3,112

Foreign Exchange (FX)

907

961

959

1,024

Energy

2,091

1,939

1,797

1,757

Agricultural Commodities

1,139

1,127

1,173

1,205

Metals

343

389

361

373

     Total

14,959

14,069

14,848

15,411







VENUE

Feb-15

Jan-15

Dec-14

Nov-14

Open outcry

1,290

1,152

1,218

1,323

Electronic

12,991

12,263

12,982

13,387

Privately negotiated

679

654

648

701

 

Average Rate Per Contract (In dollars)




3-Month Period Ending

PRODUCT LINE

Jan-15

Dec-14

Nov-14

Oct-14

Interest Rates

0.474

0.472

0.471

0.467

Equity Indexes

0.711

0.697

0.692

0.684

Foreign Exchange (FX)

0.789

0.760

0.746

0.759

Energy

1.272

1.279

1.299

1.302

Agricultural Commodities

1.331

1.321

1.317

1.331

Metals

1.660

1.664

1.677

1.692

     Total

0.754

0.731

0.724

0.705

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

 

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SOURCE CME Group

Media Contacts, 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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