News Release

CME Group Reached Average Daily Volume of 13.1 Million Contracts per Day in October 2016, up 2 Percent from October 2015

Wed Nov 02 2016

CHICAGO, Nov. 2, 2016 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that October 2016 average daily volume (ADV) reached 13.1 million contracts per day, up 2 percent from October 2015.  CME Group October 2016 electronic options volume averaged 1.5 million contracts per day, up 7 percent versus October 2015.  CME Group year-to-date 2016 ADV through October averaged 15.2 million contracts per day, up 8 percent from the same period a year ago.  Open interest in October was 104 million contracts, up 3 percent from October 2015.

Metals volume averaged 386,000 contracts per day in October 2016, up 27 percent from October 2015.  Highlights include:

  • Grew Gold futures and options ADV 29 percent to 224,000 contracts
  • Increased Silver futures and options ADV 25 percent to 69,000 contracts
  • Achieved 28 percent growth in Copper futures and options ADV

Energy volume averaged 2.4 million contracts per day in October 2016, up 17 percent from October 2015.  Highlights include:

  • Achieved 33 percent growth in ADV across WTI Crude Oil futures and options products, driven primarily by WTI futures ADV of 1.1 million contracts, up 38 percent
  • Finished October with near record level WTI Crude Oil futures open interest of 1.9 million contracts, up 12 percent compared with October 2015
  • Increased Natural Gas futures ADV 33 percent to 541,000 contracts, and reached record electronic ADV for Henry Hub Natural Gas futures
  • Reached record ADV in Natural Gas Liquids and Plastics

Foreign exchange volume averaged 771,000 contracts per day in October 2016, up 5 percent from October 2015.  Highlights include:

  • Grew British Pound futures ADV 78 percent to 129,000 contracts
  • Increased ADV of Emerging Market currency pairs futures and options, with Brazilian Real up 109 percent, South African Rand up 77 percent, Russian Ruble up 41 percent and Mexican Peso up 36 percent

Interest rate volume averaged 5.7 million contracts per day in October 2016, down 1 percent from October 2015.  Highlights include:

  • Grew Fed Fund futures ADV 35 percent to 110,000 contracts per day, and hit new open interest high with more than 1.2 million contracts at end of month across Fed Fund futures and options
  • Achieved new high for Ultra 10-Year Futures and Options open interest of more than 250,000 contracts on October 19, 2016

Agricultural volume averaged 1.2 million contracts per day in October 2016, down 1 percent from October 2015.  Highlights include:

  • Grew Hard Red Winter Wheat futures and options ADV 44 percent
  • Reached more than 65,000 contracts traded since launch of physically delivered European Union (EU) wheat futures and options in September 2016

Equity index volume averaged 2.6 million contracts per day in October 2016, down 4 percent from October 2015.  Highlights include:

  • Grew Equity Index options ADV 4 percent to 593,000 contracts
  • Achieved ADV of 25,000 contracts in October for S&P 500 and E-mini S&P 500 Wednesday Weekly options launched September 26, 2016

Footnote: To see CME Group daily over-the-counter (OTC) notional cleared volumes and open interest, monthly OTC notional cleared volumes and monthly total trade count, go to http://www.cmegroup.com/education/cme-volume-oi-records.html

 


MONTHLY AVERAGE DAILY VOLUME (ADV)





Total Exchange ADV

(in thousands)



Oct 2016

Oct 2015


Trading Days

21

22






PRODUCT LINE

Oct 2016

Oct 2015

Percent Change

Interest Rates

5,719

5,804

-1%

Equity Indexes

2,601

2,719

-4%

Foreign Exchange (FX)

771

735

5%

Energy

2,409

2,065

17%

Agricultural Commodities

1,192

1,206

-1%

Metals

386

304

27%

   Total

13,078

12,832

2%





VENUE

Oct 2016

Oct 2015

Percent Change

Open outcry

806

1,068

-25%

CME Globex

11,678

11,019

6%

Privately negotiated

595

746

-20%

 

ROLLING THREE-MONTH AVERAGES

 

Average Daily Volume (In thousands) 




3-Month Period Ending

PRODUCT LINE

Oct-16

Sep-16

Aug-16

Jul-16

Interest Rates

6,445

6,791

7,062

7,197

Equity Indexes

2,882

2,876

2,816

2,920

Foreign Exchange (FX)

786

772

791

824

Energy

2,358

2,294

2,239

2,238

Agricultural Commodities

1,110

1,156

1,437

1,529

Metals

395

431

464

488

   Total

13,975

14,319

14,809

15,196






VENUE

Oct-16

Sep-16

Aug-16

Jul-16

Open outcry

847

982

1,075

1,173

Electronic

12,508

12,672

13,038

13,318

Privately negotiated

620

665

697

705

 

Average Rate Per Contract (In dollars)




3-Month Period Ending

PRODUCT LINE

Sep-16

Aug-16

Jul-16

Jun-16

Interest Rates

0.508

0.504

0.499

0.496

Equity Indexes

0.676

0.693

0.708

0.709

Foreign Exchange (FX)

0.806

0.806

0.804

0.798

Energy

1.097

1.125

1.145

1.168

Agricultural Commodities

1.335

1.326

1.294

1.291

Metals

1.542

1.557

1.567

1.562

   Total

0.750

0.763

0.765

0.782

 

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 products and metals.  Around the world, CME Group brings buyers and sellers together through its CME Globex® electronic trading platform and its exchanges based in Chicago, New York and London.  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 and over-the-counter derivatives.  CME Group's products and services ensure that businesses around the world can effectively manage risk and achieve growth.

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

Media Contacts, Chris Grams, 312.930.3435, Alex Gorbokon, 312.930.3193, news@cmegroup.com, www.cmegroup.mediaroom.coM, Investor Contact, John Peschier, 312.930.8491

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