News Release

CME Group Announces Copper Options Daily Trading Volume Record

Mon Sep 24 2018

CHICAGO, Sept. 24, 2018 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced its COMEX Copper options reached an all-time daily volume record of 8,089 contracts (91,727 metric tons) traded on Friday, September 21. Friday's volume is nearly double the previous record of 4,255 contracts (48,250 metric tons), set on July 5, 2018.  

COMEX Copper options average daily volume has grown nearly 340 percent to 1,260 contracts (14,288 metric tons) per day year to date based on increased customer demand, especially outside the U.S. More than 20 percent of Copper options trading volume today originates from global participants during non-U.S. trading hours. Open interest, the total number of outstanding positions held by all participants in a given market, surpassed 31,000 contracts (351,535 metric tons) on Friday, September 21 – an increase of more than 175 percent since the start of the year.

To learn more about COMEX Copper options from CME Group, please visit: www.cmegroup.com/copperoptions

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 ratesequity indexesforeign exchangeenergyagricultural products and metals.  Around the world, CME Group brings buyers and sellers together through its CME Globex® electronic trading platform.  CME Group also operates one of the world's leading central counterparty clearing providers through CME Clearing, 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, the Globe logo, CME, Chicago Mercantile Exchange, Globex and E-mini are trademarks of Chicago Mercantile Exchange Inc.  CBOT, Chicago Board of Trade, KCBT and Kansas City Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc.  NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc.  COMEX is a trademark of Commodity Exchange, Inc.  Dow Jones, Dow Jones Industrial Average, S&P 500 and S&P are service and/or trademarks of Dow Jones Trademark Holdings LLC, Standard & Poor's Financial Services LLC and S&P/Dow Jones Indices LLC, as the case may be, and have been licensed for use by Chicago Mercantile Exchange Inc.  All other trademarks are the property of their respective owners. 

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SOURCE CME Group

(Media) Matt Stroud, 312.561.2269; Chris Grams, 312.930.3435; news@cmegroup.com, www.cmegroup.mediaroom.com; (Investor) John Peschier, 312.930.8491

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