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Press release from PR Newswire

CME Group Volume Averaged 14.7 Million Contracts per Day in May 2013, Up 11 Percent from May 2012, Marking Highest Month since August 2011

Tuesday, June 04, 2013

CME Group Volume Averaged 14.7 Million Contracts per Day in May 2013, Up 11 Percent from May 2012, Marking Highest Month since August 2011

07:30 EDT Tuesday, June 04, 2013

- All-time daily volume record of 26.9 million contracts traded on May 29
- Record monthly Treasury futures and options volume up 42 percent
- Monthly average daily volume records achieved for futures and options on 30-year Treasury Bonds, 10-year Treasury Notes and 5-year Treasury Notes
- Interest rate volume up 31 percent

CHICAGO, June 4, 2013 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that May 2013 volume averaged 14.7 million contracts per day, up 11 percent compared with May 2012, and up 27 percent sequentially.  Total volume for May 2013 was more than 324 million contracts, of which 88 percent was traded electronically.

In May, CME Group interest rate volume averaged 7.8 million contracts per day, up 31 percent from May 2012, and the highest monthly average daily volume since August 2011.  Treasury futures volume averaged 4.2 million contracts per day, up 37 percent compared with the same period a year ago.  Treasury options volume averaged 686,000 contracts per day, up 83 percent from May 2012.  Monthly records were reached in futures and options on 30-year Treasury Bonds, 10-year Treasury Notes and 5-year Treasury Notes.  Eurodollar futures volume averaged 2.3 million contracts per day, up 26 percent from the same period a year ago, and included monthly records for some of the longer-dated contracts.   Eurodollar options volume averaged 563,000 contracts per day, down 13 percent from May last year, but up 77 percent sequentially. 

CME Group foreign exchange (FX) volume averaged 1.0 million contracts per day, up 9 percent from May 2012, with continued strength in Japanese Yen.  CME Group equity index volume in May 2013 averaged 2.8 million contracts per day, down 6 percent from the same period last year.  The Nikkei 225 Yen-based stock futures contract traded a record 60,000 contracts during the month. 

In May 2013, CME Group metals volume averaged a record 444,000 contracts per day, up 10 percent from May 2012.  CME Group energy volume averaged 1.7 million contracts per day in May 2013, down 6 percent compared with the prior May.  CME Group agricultural commodities volume in May 2013 averaged 958,000 contracts per day, down 18 percent compared with the prior-year period.

In May 2013, CME Group cleared $40 billion of notional value of OTC interest rate swaps, up 111 percent from $19 billion in April.  OTC IRS open interest increased 47 percent to $2.1 trillion, as 118 market participants cleared trades at CME Group in May.

Note that the KCBT hard red winter wheat average daily volume is included within the CME Group rollup as of April 1, 2013, but not historically prior to that date, following the acquisition which closed on November 30, 2012.

MONTHLY AVERAGE DAILY VOLUME (ADV)

Total Exchange ADV

( in thousands)

May 2013

May 2012

Trading Days

22

22

PRODUCT LINE

May 2013

May 2012

   Percent Change

Interest Rates

7,790

5,959

31%

Equity Indexes

2,773

2,948

-6%

Foreign Exchange (FX)

1,031

947

9%

Energy (including CME ClearPort)

1,711

1,816

-6%

Agricultural Commodities

958

1,172

-18%

Metals (including CME ClearPort)

444

404

10%

     Total

14,707

13,245

11%

 

VENUE

        May 2013

       May 2012

    Percent Change

Open outcry

1,180

1,224

-4%

CME Globex

12,872

11,308

14%

Privately negotiated

264

225

18%

CME ClearPort (OTC)

391

489

-20%

 

ROLLING THREE-MONTH AVERAGES

 

Average Daily Volume (In thousands)

3-Month Period Ending

PRODUCT LINE

May-13

Apr-13

Mar-13

Feb-13

Interest Rates

5,779

5,270

5,656

5,128

Equity Indexes

2,844

2,821

2,608

2,482

Foreign Exchange (FX)

998

1,008

1,010

928

Energy

1,804

1,821

1,730

1,587

Agricultural Commodities

1,048

1,148

1,084

1,053

Metals

451

449

396

368

     Total

12,924

12,516

12,484

11,547

VENUE

May-13

Apr-13

Mar-13

Feb-13

Open outcry

924

837

885

824

Electronic

11,305

10,956

10,908

10,099

Privately negotiated

254

277

275

260

CME ClearPort (OTC)

442

447

416

364

 

Average Rate Per Contract (In dollars)

3-Month Period Ending

PRODUCT LINE

Apr-13

Mar-13

Feb-13

Jan-13

Interest Rates

0.468

0.468

0.472

0.487

Equity Indexes

0.693

0.691

0.698

0.708

Foreign Exchange (FX)

0.868

0.848

0.850

0.834

Energy

1.318

1.390

1.449

1.485

Agricultural Commodities

1.337

1.318

1.305

1.309

Metals

1.632

1.656

1.665

1.678

     Total

0.796

0.785

0.799

0.823

VENUE

Apr-13

Mar-13

Feb-13

Jan-13

Exchange-Traded

0.747

0.730

0.742

0.763

CME ClearPort (OTC)

2.130

2.360

2.557

2.585

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.

CME-G

SOURCE CME Group

For further information: Media, Michael Shore, +1-312-930-2363, or Chris Grams, +1-312-930-3435, news@cmegroup.com, www.cmegroup.mediaroom.com, or Investors, John Peschier, +1-312-930-8491

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