September 2, 2016 - 7:30 AM EDT
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CME Group Reached Average Daily Volume of 13.8 Million Contracts per Day in August 2016; Average Daily Volume to Date in 2016 Up 9 Percent

CHICAGO, Sept. 2, 2016 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that August 2016 average daily volume (ADV) reached 13.8 million contracts per day, down 15 percent from August 2015.  CME Group year-to-date 2016 ADV through August averaged 15.5 million contracts per day, up 9 percent.  Total open interest was 105 million contracts at the end of August, up 15 percent from year-end 2015.

Metals volume averaged 414,000 contracts per day in August 2016, up 9 percent from August 2015.  Highlights include:

  • Grew Gold futures ADV 17 percent to 194,000 contracts and Silver futures ADV 17 percent to 85,000 contracts
  • Achieved 14 percent growth in ADV across Ferrous products

Energy volume averaged 2.2 million contracts per day in August 2016, up 6 percent from August 2015.  Highlights include:

  • Achieved 24 percent growth in ADV across Natural Gas products, driven primarily by electronic Natural Gas futures and options ADV of 423,000 contracts, up 36 percent
  • Grew WTI Crude Oil futures ADV 10 percent
  • Achieved record electronic trading levels of WTI options and Natural Gas options, hitting 73 percent electronic and 43 percent electronic respectively
  • Reached record open interest levels across Natural Gas Liquids product suite, surpassing 360,000 contracts

Agricultural volume averaged 1.2 million contracts per day in August 2016, down 11 percent from August 2015.  Highlights include:

  • Grew Hard Red Winter Wheat futures and options ADV 33 percent
  • Achieved 21 percent growth in Soft Red Winter Wheat options ADV

Interest rate volume averaged 7.1 million contracts per day in August 2016, down 11 percent from August 2015.  Highlights include:

  • Grew Fed Fund futures ADV 12 percent to 134,000 contracts per day
  • Reached record electronic trading level for Treasury options at 73 percent
  • Achieved daily ADV record in 5-Yr Treasury Note futures and options of nearly 4 million contracts on August 25, 2016

Foreign exchange volume averaged 632,000 contracts per day in August 2016, down 29 percent from August 2015.  Highlights include:

  • Increased ADV of Emerging Market currency pairs futures and options, with South African Rand up 66 percent, Mexican Peso up 10 percent, and Brazilian Real up 3 percent

Equity index volume averaged 2.3 million contracts per day in August 2016, down 37 percent from August 2015.  Highlights include:

  • Grew E-mini S&P 500 weekly options ADV 31 percent and E-mini S&P 500 end-of-month options ADV 14 percent
  • To date in 2016, 100 million equity index options have traded with nearly 40 million coming from weekly options

Footnote: 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


MONTHLY AVERAGE DAILY VOLUME (ADV)


Total Exchange ADV

( in thousands)



Aug 2016

Aug 2015


Trading Days

23

21






PRODUCT LINE

Aug 2016

Aug 2015

Percent Change

Interest Rates

7,051

7,881

-11%

Equity Indexes

2,336

3,691

-37%

Foreign Exchange (FX)

632

890

-29%

Energy

2,236

2,118

6%

Agricultural Commodities

1,169

1,319

-11%

Metals

414

381

9%

   Total

13,836

16,280

-15%


VENUE

Aug 2016

Aug 2015

Percent Change

Open outcry

798

1,111

-28%

CME Globex

12,429

14,519

-14%

Privately negotiated

609

650

-6%

 

ROLLING THREE-MONTH AVERAGES


Average Daily Volume (In thousands) 



3-Month Period Ending

PRODUCT LINE

Aug-16

Jul-16

Jun-16

May-16

Interest Rates

7,062

7,197

6,776

6,454

Equity Indexes

2,816

2,920

2,957

2,812

Foreign Exchange (FX)

791

824

838

802

Energy

2,239

2,238

2,322

2,331

Agricultural Commodities

1,437

1,529

1,722

1,486

Metals

464

488

468

462

   Total

14,809

15,196

15,082

14,348






VENUE

Aug-16

Jul-16

Jun-16

May-16

Open outcry

1,075

1,173

1,075

995

Electronic

13,038

13,318

13,355

12,716

Privately negotiated

697

705

651

636

 

Average Rate Per Contract (In dollars)



3-Month Period Ending

PRODUCT LINE

Jul-16

Jun-16

May-16

Apr-16

Interest Rates

0.499

0.496

0.500

0.498

Equity Indexes

0.708

0.709

0.710

0.716

Foreign Exchange (FX)

0.804

0.798

0.808

0.785

Energy

1.145

1.168

1.184

1.183

Agricultural Commodities

1.294

1.291

1.287

1.307

Metals

1.567

1.562

1.584

1.582

   Total

0.765

0.782

0.786

0.777

 

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 products and metals.  Around the world, CME Group brings buyers and sellers together through its CME Globex® electronic trading platform and its exchanges based in Chicago, New York and London.  CME Group also operates one of the world's leading central counterparty clearing providers through CME Clearing and CME Clearing Europe, which offer clearing and settlement services across asset classes for exchange-traded and over-the-counter derivatives.  CME Group's products and services ensure that businesses around the world can effectively manage risk and achieve growth.

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.  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.

CME-G

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/cme-group-reached-average-daily-volume-of-138-million-contracts-per-day-in-august-2016-average-daily-volume-to-date-in-2016-up-9-percent-300321939.html

SOURCE CME Group


Source: PR Newswire (September 2, 2016 - 7:30 AM EDT)

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