CME Group Announces Open Interest in NYMEX Brent (BZ) Crude Oil Futures Surpasses 50,000 Contracts
CME Group, the world’s leading and most diverse derivatives marketplace, announced it reached a record in open interest for its NYMEX Brent (BZ) crude oil futures contract yesterday, March 13, 2013. Open Interest for NYMEX Brent reached 51,642 contracts, compared to 49,305 on February 28, 2013, the last record for this contract. Trading volume for this contract is also at record highs, with average daily volume for March at 28,846 contracts.
This comes one day after NYMEX Light Sweet Crude Oil (WTI) reached an open interest record on March 12.
NYMEX Light sweet crude oil and NYMEX Brent futures contracts are listed by and subject to the rules of NYMEX.
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 rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. CME Group brings buyers and sellers together through its CME Globex® electronic trading platform and its trading facilities in New York and Chicago. CME Group also operates CME Clearing, one of the world’s leading central counterparty clearing providers, which offers clearing and settlement services across asset classes for exchange-traded contracts and over-the-counter derivatives transactions. These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk.
CME Group is a trademark of CME Group Inc. The Globe Logo, CME, Globex and Chicago Mercantile Exchange are trademarks of Chicago Mercantile Exchange Inc. CBOT and the Chicago Board of Trade are trademarks of the Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile Exchange and ClearPort are registered trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. KCBOT, KCBT and Kansas City Board of Trade are trademarks of The Board of Trade of Kansas City, Missouri, Inc. All other trademarks are the property of their respective owners. Further information about CME Group (NASDAQ: CME) and its products can be found at www.cmegroup.com.
Source: CME Group
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