The FX Report: Issue VI

  • 18 Jul 2018
  • By CME Group
  • Topics: FX

In the News

The Golden Double: CME Group Wins Twice at the 15th FX Week e-FX Awards

CME Group was voted winner of two of the most prestigious awards at the 2018 FX Week Awards: e-FX Initiative of the Year for CME FX Link and Best e-Derivatives Platform for our overall FX Options franchise. CME Group is the first exchange to ever receive both accolades.

Read Why


In Our Markets

More Participants Getting More From Our Products: Q2 Up Versus Q1

At the end of Q2, futures and options reached $111.2B in notional (1.1M contracts), up 29.2 percent YoY. Q2 open interest also saw a YTD increase of 8.03 percent from 2017, representing 2.58M contracts.

Get more analysis from our markets with Quikstrike

 

Show of Confidence: Participants Holding Large Open Interest in Futures up 8%

On June 26, CME Group reached 1,104 Large Open Interest Holders in FX futures, up 8 percent YTD. This figure is collated by the CFTC and is a measure of participants in our markets, holding long term strategies.

Follow the data

 

Wednesday Options in Demand: Open Interest Reaches Record Levels

Wednesdays options reached a record 32,422 in open interest on June 26 and are now, on average, trading 5,478 contracts a day. Wednesday options represent 22 percent of overall FX weekly options, with a diverse participant mix across time zones.

Find out more

 

Get Ready: New Margin Offsets for Metals and Cash-Settled CNH

Effective June 22, participants can now benefit from 30 percent credit for Copper versus CNH and 40 percent credit for Gold versus CNH.

View the Notice

 

The Numbers You Need

June 2018 ADV

Futures $110.6B, +28% YoY
Options $8.5B, +23.5% YoY

Trending

EUR/USD

 Quarterly Futures:
910,789 contracts on June 14
Monthly Futures:
15,451 contracts on June 14
Open Interest:
665,532 contracts on June 14 

EUR/JPY

 Quarterly Futures:
34,252 contracts on June 13
 Open Interest:
32,858 contracts on June 14


Need to Know

USD/CNH: Now Cash-Settled
Read the Notice

Amended Price Fluctuation Limits
Read the regulatory update

July 26: ECB Meeting
Add to Calendar
EUR/USD

July 31: FOMC Meeting
Add to Calendar
EUR/USD

Aug 2: BoE Meeting
Add to Calendar
GBP/USD

Aug 2: BdM Meeting
Add to Calendar
MXN/USD


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