CME Group Achieves Record Average Daily Volume of 18.7 million Contracts per Day in February 2016

CME Group, the world’s leading and most diverse derivatives marketplace, announced that February 2016 volume averaged a record 18.7 million contracts per day, up 18 percent from February 2015. CME Group options volume averaged 3.5 million contracts per day, up 24 percent versus February 2015, with electronic options growing 38 percent over the same period.

    Financial Products

Interest rate volume averaged 9.6 million contracts per day in February 2016, up 11 percent compared with February 2015, with record interest rate futures of 7.5 million contracts per day, up 7 percent from over the same period. Treasury futures and options volume was a record 5.1 million contracts per day, up 6 percent from the same period a year ago, and included record 5-year note and 10-year note futures. The new ultra 10-year U.S. Treasury note futures averaged 43,000 contracts per day in February, up from 17,000 per day in January, the month they launched. Treasury options reached 70 percent traded electronically for the first time. Eurodollar futures and options average daily volume of 4.4 million was up 15 percent. Eurodollar options reached an open interest record of 39.6 million contracts during the month, and Treasury futures open interest reached an all-time high of 8.5 million contracts.
Equity index volume in February 2016 averaged 3.5 million contracts per day, up 54 percent from February 2015. E-mini futures and options volume averaged 3.3 million contracts per day, up 53 percent. Equity futures averaged 2.8 million contracts per day, up 60 percent from the year-ago period, and equity options were up 33 percent over the same period.
Foreign exchange volume averaged 954,000 contracts per day in February 2016, up 26 percent from the same period a year ago.

    Commodity Products

Energy volume averaged a record 2.7 million contracts per day in February 2016, up 13 percent from February 2015. It included record energy futures of 2.4 million contracts per day, record WTI crude oil futures and options of 1.5 million contracts per day, record RBOB gasoline futures of 192,000 contracts per day and record European gasoil futures of 23,000 contracts per day.
Agricultural commodities volume averaged 1.4 million contracts per day, up 2 percent from the prior-year period. Average daily volume for the month represented the fourth highest month ever.
Metals volume averaged 487,000 contracts per day, up 48 percent from the same period a year ago, representing the fourth highest monthly average daily volume. It also included monthly average daily volume records in gold weekly options, gold kilo futures, and E-micro gold futures.
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.
Source: CME Group
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