Q4 2019 Cross-Commodity Recap

  • 14 Jun 2020
  • By CME Group

CME Group offers the widest range of global benchmark products across all major asset classes, enabling clients to trade futures, options, cash, and OTC markets, optimize portfolios, analyze data and manage risk. The Cross-Commodity Recap includes the latest CME Group-Commodity product updates and news on Metals, Energy, and Agricultural markets – it is our curated look at these Commodity products, exclusively for you.

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Metals

Shanghai Gold Futures Contracts have Launched

Since October 14 launch over 31,000 contracts have been traded.

Shanghai Gold (USD) futures and Shanghai Gold (CNH) futures are financially settled, based on the SGE Shanghai Gold Benchmark PM price. Detailed contract specs and FAQs can be found here.

More on SGE Gold  

Metal Volumes Updates

  • Record Metals overall average daily volume (ADV) of 885,064 eclipsed the previous record by 11%.
  • Gold ADV hit a record of 478,044 contracts, up 71% year-over-year.
  • Silver ADV of 156,003 for August was the second highest on record, up 39% YoY.

More on CME Metals


Energy

Gulf Coast LNG Export Futures

Traders will be able to manage their natural gas exposure with the first-ever physically delivered liquefied natural gas derivative contract, Gulf Coast LNG Export futures offering price discovery, market liquidity and delivery at Cheniere's Sabine Pass terminal.

Explore CME NYMEX LNG futurest  

Global Crude Oil overnight liquidity

Following the unprecedented September 14 attack on Saudi Aramco’s production facilities, pre-attack output levels did not resume until October 3 - Liquidity remained robust throughout the entire session.

  • CL hit a single-day volume record of 3.7 million contracts on Sept.16
  • A record 1.3 million CL futures contracts traded during extended trading hours on September 16

Drill into the "Future of Oil” with our latest webinar  


Agriculture

Fertilizer

CME first listed cleared fertilizer swaps in 2011 for Urea, UAN, and DAP, however, not all customers could access the cleared swaps. In June 2019, fertilizer futures were listed side by side with swaps to improve market access. For key features and more, click the link below:

Quikstrike

This free tool illustrates the volatility term structure for CME Group option products. You can view current implied volatilities across expirations and compare to one week prior.

Turn ideas into action:

Launched: New Contracts

Need to know: Market Commentary

Featured: Whitepapers and Case Studies


For more information, contact:

Will Patrick
London +44 20 3379 3721

Phil Hatzopoulos
Chicago
+1 312 930 3018

Tim Smith
Hong Kong
+852 2582 2236

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