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Press release from PR Newswire

CME Group Volume Averaged 16.9 Million Contracts per Day in June 2013, Up 29 Percent from June 2012

Tuesday, July 02, 2013

CME Group Volume Averaged 16.9 Million Contracts per Day in June 2013, Up 29 Percent from June 2012

07:30 EDT Tuesday, July 02, 2013

- Interest rate average daily volume up 70 percent in June
- Record metals average daily volume up 27 percent in second quarter
- Record foreign exchange average daily volume up 13 percent in second quarter
- Energy open interest record set in both WTI and Brent futures during June
- OTC cleared interest rate swaps of $66 billion per day in June, up 64 percent from May

CHICAGO, July 2, 2013 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that June 2013 volume averaged 16.9 million contracts per day, up 29 percent compared with June 2012, and up 15 percent sequentially.  Total volume for June 2013 was more than 339 million contracts, of which 86 percent was traded electronically.

CME Group interest rate volume averaged 8.6 million contracts per day in June, up 70 percent from June 2012, and the highest monthly average daily volume since January 2008.  Treasury futures volume averaged 3.3 million contracts per day, up 42 percent compared with the same period a year ago.  Treasury options volume averaged a record 811,000 contracts per day, up 164 percent from June 2012.  Eurodollar futures volume averaged 3.5 million contracts per day, up 91 percent from the same period a year ago, including monthly records on years three through five in Eurodollars futures.  Eurodollar options volume averaged 977,000 contracts per day, up 66 percent from June last year, which included a monthly record in Eurodollar Midcurve options. 

CME Group foreign exchange (FX) volume averaged 1.2 million contracts per day, up 15 percent from June 2012, and represented $146 billion of notional value per day.  This included a monthly average daily volume record in Japanese Yen futures and options, and several other currency pairs.  CME Group equity index volume in June 2013 averaged 3.8 million contracts per day, up 10 percent from the same period last year, driven by a monthly average daily volume record in the Nikkei 225 Yen futures. 

In June 2013, CME Group metals volume averaged 435,000 contracts per day, up 14 percent from June 2012.  CME Group energy volume averaged 1.7 million contracts per day in June 2013, down 3 percent compared with the prior June, while WTI and Brent futures open interest records were set.  CME Group agricultural commodities volume in June 2013 averaged 1.2 million contracts per day, down 18 percent compared with the prior-year period, despite a quarterly average daily volume record in Soybean Meal futures.

In June 2013, CME Group cleared an average $66 billion a day of notional value of OTC interest rate swaps, up 64 percent from $40 billion a day in May.  OTC IRS open interest increased 45 percent to $3.0 trillion, as 187 market participants cleared trades at CME Group in June.

Second-quarter 2013 volume averaged 14.3 million contracts per day, up 16 percent from second-quarter 2012.  The main highlights included quarterly records in the FX and Metals products lines.  Additional quarterly records included 10-year Treasury note futures, Eurodollar futures years three through five, Copper futures, Soybean Meal futures, Nikkei 225 Yen futures, and Japanese Yen futures and options. 

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)

Jun 2013

Jun 2012

Trading Days

20

21

PRODUCT LINE

Jun 2013

Jun 2012

Percent Change

Interest Rates

8,581

5,059

70%

Equity Indexes

3,810

3,458

10%

Foreign Exchange (FX)

1,213

1,054

15%

Energy (including CME ClearPort)

1,738

1,788

-3%

Agricultural Commodities

1,156

1,407

-18%

Metals (including CME ClearPort)

435

381

14%

     Total

16,933

13,147

29%

VENUE

Jun 2013

Jun 2012

Percent Change

Open outcry

1,508

1,128

34%

CME Globex

14,599

11,348

29%

Privately negotiated

420

271

55%

CME ClearPort (OTC)

406

400

2%

QUARTERLY AVERAGE DAILY VOLUME (ADV)

Total Exchange ADV

(in thousands)

Q2 2013

Q2 2012

Trading Days

64

64

PRODUCT LINE

Q2 2013

Q2 2012

Percent Change

Interest Rates

6,828

5,136

33%

Equity Indexes

3,079

2,919

5%

Foreign Exchange (FX)

1,042

920

13%

Energy (including CME ClearPort)

1,796

1,741

3%

Agricultural Commodities

1,106

1,288

-14%

Metals (including CME ClearPort)

471

372

27%

     Total

14,323

12,376

16%

VENUE

Q2 2013

Q2 2012

Percent Change

Open outcry

1,134

1,109

2%

CME Globex

12,457

10,595

18%

Privately negotiated

304

238

28%

CME ClearPort (OTC)

427

434

-2%

ROLLING THREE-MONTH AVERAGES

Average Daily Volume (In thousands)

3-Month Period Ending

PRODUCT LINE

Jun-13

May-13

Apr-13

Mar-13

Interest Rates

6,828

5,779

5,270

5,656

Equity Indexes

3,079

2,844

2,821

2,608

Foreign Exchange (FX)

1,042

998

1,008

1,010

Energy

1,796

1,804

1,821

1,730

Agricultural Commodities

1,106

1,048

1,148

1,084

Metals

471

451

449

396

     Total

14,323

12,924

12,516

12,484

VENUE

Jun-13

May-13

Apr-13

Mar-13

Open outcry

1,134

924

837

885

Electronic

12,457

11,305

10,956

10,908

Privately negotiated

304

254

277

275

CME ClearPort (OTC)

427

442

447

416

Average Rate Per Contract (In dollars)

3-Month Period Ending

PRODUCT LINE

May-13

Apr-13

Mar-13

Feb-13

Interest Rates

0.465

0.468

0.468

0.472

Equity Indexes

0.701

0.693

0.691

0.698

Foreign Exchange (FX)

0.854

0.868

0.848

0.850

Energy

1.278

1.319

1.390

1.449

Agricultural Commodities

1.360

1.337

1.318

1.305

Metals

1.630

1.631

1.656

1.664

     Total

0.774

0.796

0.785

0.799

VENUE

May-13

Apr-13

Mar-13

Feb-13

Exchange-Traded

0.731

0.747

0.730

0.742

CME ClearPort (OTC)

1.995

2.130

2.360

2.557

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, 312.930.2363, or Chris Grams, 312.930.3435; or Investors, John Peschier, 312.930.8491, news@cmegroup.com, www.cmegroup.mediaroom.com

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