CME Group posts total trading volume of 345 mln contracts in Jan 2016

CME Group posts total trading volume of 345 mln contracts in Jan 2016

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CME Group, a leading US-based derivatives marketplace, reported on Tuesday its total trading volume amounted to 345 million contracts in January 2016, after posting that month record high daily average volume (ADV) levels for forex, options, and electronic options contracts. Electronic trading also reached record-high levels last month.

The company reported a total ADV of nearly 18.2 million contracts in January, which is 16% higher over the year.

The highest annual increase in ADV trading volume of 37% in last month was seen in the trading of options. Their trading volume averaged a record-high 4.3 million contracts per day last month. Electronic options daily volume grew by an annual 30% to record 2 million in January. Equity index products, interest rates, and energy volumes also posted an increase last month, compared to the same period a year earlier.Meanwhile, the volumes of metals and agricultural commodities went down 1% on the year. Daily forex volumes averaged 970,000 contracts last month, or down by an annual 3%. The

Details about CME Group’s January 2016 average daily trading volumes (in thousands) follow: CME Group Jan 2016

In the three months ended January 2016, the ADV amounted to an average 14.9 million contracts, most of which (7.1 million) were for interest rates.

Nearly 15.4 million, or the majority of daily contracts in January were executed through the CME Globex electronic trading platform. This is yet another record-high figure for CME Group. Close to 2 million contracts per day were closed on an open outcry and the remaining 842,000 contracts were negotiated privately.

Details follow: CME Group Jan 2016 -2

CME Group is among the largest derivatives marketplace. It offers access to a wide range of trading instruments, including futures and options on futures, interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate.

The company is comprised of four Designated Contract Markets (DCMs) – the Chicago Mercantile Exchange (CME), the Chicago Board of Trade (CBOT), the New York Mercantile Exchange (NYMEX) and the Commodity Exchange (COMEX).

Source: CME Group


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