CME Group Volume Averaged 14.0 Million Contracts per Day in February 2014, Up 2 Percent from February 2013 and Up 8 Percent from January 2014
Eurodollar futures average daily volume increased 21 percent and Eurodollar options increased 92 percent
– Natural Gas average daily volume increased 29 percent
– Dubai Mercantile Exchange average daily volume reached a record 10,800 contracts
CME Group, the world’s leading and most diverse derivatives marketplace, today announced that February 2014 volume averaged 14.0 million contracts per day, up 2 percent compared with February 2013 – and up 8 percent from January 2014. Total volume for February 2014 was more than 266 million contracts, of which 86 percent was traded electronically. Year-to-date 2014 average daily volume of 13.4 million contracts was up 7 percent compared with the same time period last year.
CME Group interest rate volume averaged 6.8 million contracts per day in February, up 6 percent from February 2013. Eurodollar futures volume averaged 2.0 million contracts per day, up 21 percent from the same period a year ago. Eurodollar options volume averaged 710,000 contracts per day, up 92 percent from February last year. Treasury futures volume averaged 3.4 million contracts per day, down 10 percent compared with the record monthly average daily volume in February 2013. Treasury options volume averaged 635,000 contracts per day, up 15 percent from the same period last year.
CME Group equity index volume in February 2014 averaged 2.8 million contracts per day, up 5 percent from the same period last year. CME Group foreign exchange (FX) volume averaged 769,000 contracts per day, down 28 percent from February 2013. The average daily notional value of FX contracts traded in February was $92 billion.
CME Group energy volume averaged 1.8 million contracts per day in February 2014, up 4 percent compared with the prior February. This included particular strength in natural gas, up 29 percent over February 2013, as well as 75 percent growth in power contracts. Additionally, average daily volume from the Dubai Mercantile Exchange was a record 10,800 contracts, surpassing the prior record of 8,200 contracts per day in January. CME Group agricultural commodities volume averaged 1.4 million contracts per day, up 7 percent compared with the prior-year period. CME Group metals volume in February 2014 averaged 351,000 contracts per day, down 20 percent from February 2013.
In February 2014, CME Group cleared an average $117 billion a day of notional value of OTC interest rate swaps. During the month, OTC interest rate swap open interest increased 8 percent from the end of January to $11.8 trillion, which represents 53 percent of clients’ total cleared OTC interest rate swap open interest.