News Release

CME Group Achieved Average Daily Volume of 16.4 Million Contracts per Day in June 2016, up 13 Percent from June 2015, and 15.1 Million Contracts per Day in Second-Quarter 2016, up 13 Percent from Second-Quarter 2015

Tue Jul 05 2016

CHICAGO, July 5, 2016 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that June 2016 average daily volume (ADV) reached 16.4 million contracts per day, up 13 percent from June 2015. CME Group June 2016 options volume averaged 3.4 million contracts per day, up 17 percent versus June 2015, with electronic options averaging 1.9 million contracts per day, up 25 percent over the same period last year. Second-quarter 2016 volume averaged 15.1 million contracts per day, up 13 percent from second-quarter 2015. Total open interest at the end of second-quarter 2016 was 106 million contracts, up 16 percent from year-end 2015. During the quarter, CME Group reached record open interest of 116.3 million contracts on June 9, 2016.

Metals volume averaged 483,000 contracts per day in June 2016, up 45 percent from June 2015. Highlights include:

  • Grew Gold futures ADV 76 percent to 230,000 and Silver futures ADV 22 percent to 84,000 contracts
  • Increased Copper futures and options ADV 31 percent to 98,000 contracts

Energy volume averaged 2.3 million contracts per day in June 2016, up 33 percent from June 2015. Highlights include:

  • Achieved 41 percent growth in ADV across Crude Oil products, driven primarily by WTI futures ADV of 960,000 contracts, up 48 percent; WTI options ADV grew 40 percent
  • Grew Natural Gas options ADV 28 percent
  • Achieved monthly ADV record in Natural Gas Liquids and Petrochemicals

Equity index volume averaged 3.5 million contracts per day in June 2016, up 24 percent from June 2015. Highlights include:

  • Grew E-mini S&P 500 futures ADV 24 percent to 2.2 million contracts per day, and E-mini S&P 500 options ADV 29 percent to 635,000 contracts per day
  • Increased Equity index options ADV 32 percent to more than 715,000 contracts per day;  a record 441,993 equity options traded before the U.S. market open on June 24, 2016
  • Achieved record monthly total volume for E-mini S&P Select Sector futures of nearly 280,000 contracts in June
  • Grew participation in CME Group's BTIC functionality with a record month for E-mini S&P 500 futures in June and a record single day on June 24, 2016

Interest rate volume averaged 7.3 million contracts per day in June 2016, up 5 percent from June 2015. Highlights include:

  • Grew Eurodollar options ADV 25 percent to 1.1 million contracts per day, with electronic Eurodollar options growing 64 percent to 289,000 contracts per day
  • Reached record electronic trading levels for Treasury options and Eurodollar options in second-quarter, at 69 percent and 25 percent, respectively
  • Grew Fed Fund Futures ADV 149 percent to 184,000 contracts per day and traded a record daily volume of 566,000 contracts on June 24, 2016
  • Surpassed 6 million total contracts traded as of June since launching the Ultra 10-Year U.S. Treasury Note futures

Agricultural volume averaged 1.8 million contracts per day in June 2016, up 4 percent from June 2015. Highlights include:

  • Grew Corn futures and options ADV 12 percent to 679,000 contracts per day, with Corn options growing 41 percent to 165,000 contracts per day
  • Achieved 37 percent growth in Hard Red Winter Wheat futures and options ADV

Foreign exchange volume averaged 1 million contracts per day in June 2016, up 3 percent from June 2015. Highlights include:

  • Grew British Pound futures and options ADV 65 percent to 193,000 contracts per day in June, and reached a record daily volume of more than 522,000 contracts on June 24, 2016
  • Increased ADV of Emerging Market currency pairs futures and options, with Brazilian Real up 123 percent, Russian Ruble up 33 percent, Australian Dollar up 27 percent and Mexican Peso up 16 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)

 
 

Jun 2016

Jun 2015

 

Trading Days

22

22

 
       

PRODUCT LINE

Jun 2016

Jun 2015

Percent Change

Interest Rates

7,322

6,949

5%

Equity Indexes

3,543

2,869

24%

Foreign Exchange (FX)

1,018

987

3%

Energy

2,271

1,713

33%

Agricultural Commodities

1,805

1,739

4%

Metals

483

333

45%

   Total

16,442

14,590

13%

       

VENUE

Jun 2016

 Jun 2015

PPercent Change

Open outcry

1,219

1,236

-1%

CME Globex

14,469

12,787

13%

Privately negotiated

753

567

33%

 

QUARTERLY AVERAGE DAILY VOLUME (ADV)  

 

Total Exchange ADV

( in thousands)

 
 

Q2 2016

Q2 2015

 

Trading Days

64

64

 
       

PRODUCT LINE

Q2 2016

Q2 2015

Percent Change

Interest Rates

6,776

6,599

3%

Equity Indexes

2,957

2,364

25%

Foreign Exchange (FX)

838

903

-7%

Energy

2,322

1,749

33%

Agricultural Commodities

1,722

1,400

23%

Metals

468

331

41%

     Total

15,082

13,347

13%

       

VENUE

 Q2 2016

Q2 2015

Percent Change

Open outcry

1,075

1,108

-3%

CME Globex

13,355

11,705

14%

Privately negotiated

651

534

22%

 

ROLLING THREE-MONTH AVERAGES

 

Average Daily Volume (In thousands) 

 
 

3-Month Period Ending

PRODUCT LINE

Jun-16

May-16

Apr-16

Mar-16

Interest Rates

6,776

6,454

7,131

8,246

Equity Indexes

2,957

2,812

3,095

3,557

Foreign Exchange (FX)

838

802

878

944

Energy

2,322

2,331

2,493

2,536

Agricultural Commodities

1,722

1,486

1,473

1,206

Metals

468

462

464

454

   Total

15,082

14,348

15,535

16,944

         

VENUE

Jun-16

May-16

Apr-16

Mar-16

Open outcry

1,075

995

1,100

1,423

Electronic

13,355

12,716

13,718

14,713

Privately negotiated

651

636

717

807

         

Average Rate Per Contract (In dollars)

         
 

3-Month Period Ending

PRODUCT LINE

May-16

Apr-16

Mar-16

Feb-16

Interest Rates

0.500

0.498

0.501

0.507

Equity Indexes

0.710

0.716

0.726

0.723

Foreign Exchange (FX)

0.808

0.785

0.767

0.769

Energy

1.184

1.183

1.203

1.217

Agricultural Commodities

1.287

1.307

1.321

1.329

Metals

1.584

1.582

1.597

1.592

   Total

0.786

0.777

0.756

0.758

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: Chris Grams, 312.930.3435, Alex Gorbokon, 312.930.3193, news@cmegroup.com, www.cmegroup.mediaroom.com; Investor: John Peschier, 312.930.8491

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