News Release

CME Group Reached Record Average Daily Volume of 20.9 Million Contracts per Day in November 2016, up 52 Percent from November 2015

Fri Dec 02 2016

CHICAGO, Dec. 2, 2016 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that November 2016 average daily volume (ADV) reached a record 20.9 million contracts per day, up 52 percent from November 2015.  CME Group November 2016 options volume averaged 4.3 million contracts per day, up 63 percent versus November 2015, with electronic options averaging a record 2.4 million contracts per day, up 74 percent over the same period last year. CME Group year-to-date 2016 ADV through November averaged 15.7 million contracts per day, up 12 percent from the same period a year ago.  Open interest at the end of November was 113 million contracts, up 11 percent from November 2015, and daily open interest reached a record of 117 million contracts on November 23, 2016.

Interest rate volume averaged a record 11.8 million contracts per day in November 2016, up 73 percent from November 2015.  Highlights include:

  • Achieved record Treasury futures and options ADV of 5.9 million contracts, up 55 percent, including monthly ADV records across 10-Year, 5-Year, 2-Year and Ultra 10-Year Treasury Notes and Ultra Treasury Bonds
  • Grew Eurodollar futures ADV 102 percent to more than 4 million contracts, and Eurodollar options ADV 73 percent to 1.8 million contracts
  • Grew Fed Fund futures ADV 143 percent to 161,000 contracts per day
  • Reached record levels in overall interest rate open interest of more than 69 million contracts during the month, with month-end open interest of 67 million contracts, up 22 percent from 56 million contracts at the same time last year

Metals volume averaged a record 718,000 contracts per day in November 2016, up 71 percent from November 2015.  Highlights include:

  • Grew Gold futures and options ADV 74 percent to a record 408,000 contracts
  • Increased Silver futures and options ADV 62 percent to 112,000 contracts
  • Achieved monthly futures and options ADV record for Copper of 168,000 contracts per day, up 82 percent
  • Achieved daily volume record of 897,219 Gold futures on November 9 and a record 332,467 Copper futures contracts on November 11

Energy volume averaged a record 2.8 million contracts per day in November 2016, up 41 percent from November 2015.  Highlights include:

  • Grew WTI Crude Oil futures and options ADV 63 percent to a record 1.6 million contracts, and achieved a single-day trading volume record of 2.5 million contracts on November 30
  • Achieved record energy options ADV of 405,000 contracts, up 42 percent
  • Finished November with record level of physically delivered WTI Crude Oil futures (CL) open interest of more than 2.1 million contracts, up 27 percent
  • Increased electronic Natural Gas futures ADV 44 percent to 481,000 contracts
  • Reached record volume in Ethanol

Foreign exchange volume averaged 987,000 contracts per day in November 2016, up 39 percent from November 2015.  Highlights include:

  • Grew British Pound futures and options ADV 61 percent to 135,000 contracts
  • Achieved monthly volume records across E-micro FX futures and options, European Option futures and options, Indian Rupee futures and options and Mexican Peso options

Equity index volume averaged 3.2 million contracts per day in November 2016, up 34 percent from November 2015.  Highlights include:

  • Grew Equity Index options ADV 60 percent to 803,000 contracts
  • Achieved ADV of 55,000 contracts for S&P 500 and E-mini S&P 500 Wednesday Weekly options launched September 26, 2016

Agricultural volume averaged 1.4 million contracts per day in November 2016, down 1 percent from November 2015.  Highlights include:

  • Achieved 16 percent growth in Soybean futures and options and 11 percent growth in Soybean Oil futures and options
  • Grew Hard Red Winter Wheat futures and options ADV 14 percent

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)



Nov 2016

Nov 2015


Trading Days

21

20






PRODUCT LINE

Nov 2016

Nov 2015

Percent Change

Interest Rates

11,848

6,866

73%

Equity Indexes

3,179

2,367

34%

Foreign Exchange (FX)

987

713

39%

Energy

2,772

1,971

41%

Agricultural Commodities

1,363

1,376

-1%

Metals

718

419

71%

   Total

20,867

13,712

52%








VENUE

Nov 2016

Nov 2015

P Percent Change

Open outcry

1,441

1,041

38%

CME Globex

18,378

11,980

53%

Privately negotiated

1,048

692

51%

 


ROLLING THREE-MONTH AVERAGES

Average Daily Volume (In thousands) 



3-Month Period Ending

PRODUCT LINE

Nov-16

Oct-16

Sep-16

Aug-16

Interest Rates

8,025

6,445

6,791

7,062

Equity Indexes

3,180

2,882

2,876

2,816

Foreign Exchange (FX)

909

786

772

791

Energy

2,541

2,358

2,294

2,239

Agricultural Commodities

1,173

1,110

1,156

1,437

Metals

496

395

431

464

   Total

16,323

13,975

14,319

14,809







VENUE

Nov-16

Oct-16

Sep-16

Aug-16

Open outcry

1,063

847

982

1,075

Electronic

14,493

12,508

12,672

13,038

Privately negotiated

767

620

665

697

 

Average Rate Per Contract (In dollars)



3-Month Period Ending

PRODUCT LINE

Oct-16

Sep-16

Aug-16

Jul-16

Interest Rates

0.505

0.508

0.504

0.499

Equity Indexes

0.673

0.676

0.693

0.708

Foreign Exchange (FX)

0.806

0.806

0.806

0.804

Energy

1.100

1.097

1.125

1.145

Agricultural Commodities

1.351

1.335

1.326

1.294

Metals

1.537

1.542

1.557

1.567

   Total

0.753

0.750

0.763

0.765

 

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 or Alex Gorbokon, 312.930.3193, news@cmegroup.com, www.cmegroup.mediaroom.com; Investor Contact: John Peschier, 312.930.8491

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