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Press release from PR Newswire

CME Group Volume Averaged 12.2 Million Contracts per Day in August 2013, Up 18 Percent from August 2012

Wednesday, September 04, 2013

CME Group Volume Averaged 12.2 Million Contracts per Day in August 2013, Up 18 Percent from August 2012

07:30 EDT Wednesday, September 04, 2013

-Interest rate volume up 29 percent
-Treasury futures and options volumes up 26 and 35 percent, respectively
-Eurodollars futures and options volumes up 19 and 81 percent, respectively
-Equity index volume up 19 percent
-Metals volume up 29 percent

CHICAGO, Sept. 4, 2013 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that August 2013 volume averaged 12.2 million contracts per day, up 18 percent compared with August 2012.  Total volume for August 2013 was more than 268 million contracts, of which 85 percent was traded electronically.  Year-to-date volume averaged 12.9 million contracts, up 13 percent from full-year 2012, and current open interest of 92 million contracts is up 31 percent year to date.

CME Group interest rate volume averaged 6.1 million contracts per day in August, up 29 percent from August 2012, and interest rate options volume rose 59 percent.  Treasury futures volume averaged 3.1 million contracts per day, up 26 percent compared with the same period a year ago.  Treasury options volume averaged 469,000 contracts per day, up 35 percent from August 2012.  Eurodollar futures volume averaged 1.8 million contracts per day, up 19 percent from the same period a year ago.  Eurodollar options volume averaged 750,000 contracts per day, up 81 percent from August last year.  Open interest climbed to its highest level since March 15, 2012, ending the month at 23 million contracts. 

CME Group equity index volume in August 2013 averaged 2.4 million contracts per day, up 19 percent from the same period last year, and equity index options volume was up 83 percent.  CME Group foreign exchange (FX) volume averaged 745,000 contracts per day, up 2 percent from August 2012, including volume and open interest records for Indian Rupee futures, and FX options volume was up 42 percent.  The notional value of FX contracts in August was more than $89 billion.

In August 2013, CME Group metals volume averaged 374,000 contracts per day, up 29 percent from August 2012, and metals options volume grew 26 percent.  CME Group energy volume averaged 1.6 million contracts per day in August 2013, even with the prior August, and included a monthly average daily volume record for Brent futures and options of 55,134 contracts, while energy options volume declined 6 percent.  CME Group agricultural commodities volume in August 2013 averaged 1.1 million contracts per day, up 7 percent compared with the prior-year period, and agricultural commodities options volume rose 3 percent.

In August 2013, CME Group cleared an average $67 billion a day of notional value of OTC interest rate swaps, and OTC IRS open interest increased 22 percent from the end of July to $5.1 trillion.

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)

Aug 2013

Aug 2012

Trading Days

22

23

PRODUCT LINE

Aug 2013

Aug 2012

Percent Change

Interest Rates

6,060

4,700

29%

Equity Indexes

2,351

1,981

19%

Foreign Exchange (FX)

745

731

2%

Energy

1,570

1,571

0%

Agricultural Commodities

1,117

1,047

7%

Metals

374

290

29%

     Total

12,218

10,320

18%

VENUE

        Aug 2013

       Aug 2012

    Percent Change

Open outcry

1,195

913

31%

CME Globex

10,402

8,850

18%

Privately negotiated*

622

558

11%

 

ROLLING THREE-MONTH AVERAGES

Average Daily Volume (In thousands)

3-Month Period Ending

PRODUCT LINE

Aug-13

Jul-13

Jun-13

May-13

Interest Rates

6,473

7,067

6,828

5,779

Equity Indexes

2,696

2,841

3,079

2,844

Foreign Exchange (FX)

913

1,011

1,042

998

Energy

1,667

1,715

1,796

1,804

Agricultural Commodities

1,084

1,029

1,106

1,048

Metals

394

418

471

451

     Total

13,226

14,081

14,323

12,930

VENUE

Aug-13

Jul-13

Jun-13

May-13

Open outcry

1,234

1,229

1,134

924

Electronic

11,313

12,162

12,457

11,305

Privately negotiated*

679

690

791

696

*The privately negotiated venue includes both traditional block trades as well as what was historically categorized as CME ClearPort.  Going forward there will no longer be a break out for CME ClearPort.

 

Average Rate Per Contract (In dollars)

3-Month Period Ending

PRODUCT LINE

Jul-13

Jun-13

May-13

Apr-13

Interest Rates

0.461

0.455

0.465

0.468

Equity Indexes

0.717

0.714

0.701

0.693

Foreign Exchange (FX)

0.806

0.826

0.854

0.868

Energy

1.270

1.260

1.278

1.319

Agricultural Commodities

1.383

1.378

1.360

1.337

Metals

1.624

1.613

1.630

1.631

     Total

0.738

0.748

0.774

0.796

VENUE

Jul-13

Jun-13

May-13

Apr-13

Exchange-Traded

0.702

0.710

0.731

0.747

CME ClearPort

2.044

1.969

1.995

2.130

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 Contacts: Michael Shore, 312.930.2363, or Chris Grams, 312.930.3435; Investor Contact: John Peschier, 312.930.8491, news@cmegroup.com, www.cmegroup.mediaroom.com

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