CME Group Announces NYMEX Brent (BZ) Trading Volume Surpasses 100k
CME Group, the world’s leading and most diverse derivatives marketplace, today announced it reached a trading volume record for its NYMEX Brent (BZ) crude oil futures contract yesterday, August 12, 2013. Trading volume for NYMEX Brent reached 104,839, compared to August 8, the last record day, when volume reached 90,390 contracts.
This is the first time NYMEX Brent has surpassed 100,000 contracts. Additionally, average daily volume (ADV) for NYMEX Brent is at record highs of 63,382 so far in August, compared to record ADV of 50,679 in July.
This comes at the same time that open interest for NYMEX Light Sweet Crude Oil (WTI) futures contracts is at record highs of over 1.9 million contracts.
NYMEX Brent and Light Sweet Crude oil futures contracts are listed by and subject to the rules of NYMEX.