CHICAGO, May 4 /PRNewswire-FirstCall/ -- CME Group, the
world's leading and most diverse derivatives marketplace, today
announced that April volume averaged 11.9 million contracts per
day, up 31 percent from April 2009,
and represented the highest year-over-year growth since
January 2008. Total volume was
263 million contracts for April, of which 84 percent was traded
electronically.
In April 2010, CME Group interest
rate volume averaged 5.6 million contracts per day, up 69 percent
compared with the prior April, and represented the highest
year-over-year growth for the past several years. Treasury
futures volume averaged 2.0 million contracts per day, up 82
percent compared with the same period in 2009, and Treasury options
volume averaged 265,000 contracts per day, up 16 percent.
Eurodollar futures volume averaged 2.4 million contracts per
day, up 68 percent versus April 2009,
while Eurodollar options volume averaged 841,000 contracts per day,
up 64 percent.
CME Group equity index volume averaged 2.6 million contracts per
day, down 15 percent from April 2009.
CME Group foreign exchange (FX) volume averaged 842,000
contracts per day, up 87 percent compared with the same period a
year ago, reflecting average daily notional value of $110 billion. On April 29, FX volume hit a new record with
1,476,662 contracts traded, reflecting notional value of
$193 billion.
CME Group energy volume averaged a record 1.7 million contracts
per day, up 33 percent compared with April
2009, driven primarily by all time record volume for WTI and
refined products. Record WTI futures and options volume
averaged 960,000 contracts per day, up 56 percent, while refined
products averaged a record 267,000 contracts in April, up 50
percent versus April 2009. CME
Group commodities and alternative investments volume averaged
894,000 contracts per day, up 12 percent from the prior April.
CME Group metals volume averaged 260,000 contracts per day,
up 58 percent compared with the same period last year.
Open outcry volume averaged 1.4 million contracts in April, up
24 percent versus April 2009.
Electronic volume averaged 10.0 million contracts per day, up
36 percent from the prior April, while privately negotiated volume
increased 24 percent to 172,000 contracts per day. Average daily
volume cleared through CME ClearPort was 388,000 contracts for
April 2010, down 20 percent compared
with April 2009. The rolling
three-month CME ClearPort rate per contract through March was up 28
percent, even though the rolling three-month CME ClearPort average
daily clearing volume was down 19 percent in the same period due to
a product mix shift and the wide variance in rate per contract for
individual CME ClearPort products.
|
|
MONTHLY AVERAGE DAILY VOLUME
(ADV)
|
|
|
|
|
|
|
Total Exchange
ADV
( in
thousands)
|
|
|
|
|
Apr
2010
|
Apr
2009
|
|
|
Trading
Days
|
22
|
21
|
|
|
|
|
|
|
|
PRODUCT
LINE
|
Apr
2010
|
Apr
2009
|
Percent
Change
|
|
Interest
Rates
|
5,605
|
3,321
|
69%
|
|
Equity
Index
|
2,590
|
3,045
|
-15%
|
|
FX
|
842
|
451
|
87%
|
|
Energy
(including
CME ClearPort)
|
1,748*
|
1,317
|
33%
|
|
Commodities
and Alt. Inv.
|
894
|
801
|
12%
|
|
Metals
(including
CME ClearPort)
|
260
|
164
|
58%
|
|
Total
|
11,939
|
9,099
|
31%
|
|
|
|
|
|
|
|
|
|
|
|
VENUE
|
Apr
2010
|
Apr
2009
|
Percent
Change
|
|
Open
outcry
|
1,409
|
1,134
|
24%
|
|
CME
Globex
|
9,970
|
7,343
|
36%
|
|
Privately
negotiated
|
172
|
138
|
24%
|
|
CME
ClearPort (OTC)
|
388
|
484
|
-20%
|
|
|
|
*The PJM
daily electricity swap futures contracts, which have an average
rate per contract of approximately 10 cents, averaged 34,150 in
April 2010. This accounted for approximately 2 percent of the total
Energy volume in April 2010, down from 3 percent in March
2010.
|
|
|
|
|
|
ROLLING THREE-MONTH
AVERAGES
Average Daily
Volume (In
thousands)
|
|
|
|
|
3-Month
Period Ending
|
|
PRODUCT
LINE
|
Apr-10
|
Mar-10
|
Feb-10
|
Jan-10
|
|
Interest
Rates
|
5,393
|
5,120
|
4,728
|
4,453
|
|
Equity
Index
|
2,724
|
2,815
|
2,662
|
2,510
|
|
FX
|
892
|
887
|
824
|
777
|
|
Energy
|
1,645
|
1,609
|
1,592
|
1,531
|
|
Commodities/Alt.
Investments
|
827
|
786
|
758
|
744
|
|
Metals
|
296
|
327
|
319
|
331
|
|
Total
|
11,778
|
11,544
|
10,884
|
10,346
|
|
|
|
|
|
|
|
VENUE
|
Apr-10
|
Mar-10
|
Feb-10
|
Jan-10
|
|
Open
outcry
|
1,349
|
1,318
|
1,245
|
1,252
|
|
Electronic
|
9,809
|
9,562
|
8,996
|
8,478
|
|
Privately
negotiated
|
187
|
190
|
185
|
171
|
|
CME
ClearPort (OTC)
|
432
|
474
|
459
|
446
|
|
|
|
|
|
|
|
|
Average
Rate Per
Contract (In
dollars)
|
|
|
|
|
3-Month
Period Ending
|
|
PRODUCT
LINE
|
Mar-10
|
Feb-10
|
Jan-10
|
Dec-09
|
|
Interest
Rates
|
0.503
|
0.511
|
0.511
|
0.509
|
|
Equity
Index
|
0.713
|
0.726
|
0.735
|
0.733
|
|
FX
|
0.803
|
0.806
|
0.817
|
0.816
|
|
Energy
|
1.636
|
1.640
|
1.637
|
1.606
|
|
Commodities/Alt.
Investments
|
1.244
|
1.255
|
1.267
|
1.278
|
|
Metals
|
1.734
|
1.703
|
1.851
|
1.872
|
|
Total
|
0.821
|
0.838
|
0.852
|
0.849
|
|
|
|
|
|
|
|
VENUE
|
Mar-10
|
Feb-10
|
Jan-10
|
Dec-09
|
|
Exchange-Traded
|
0.754
|
0.770
|
0.784
|
0.783
|
|
CME
ClearPort (OTC)
|
2.392
|
2.373
|
2.366
|
2.236
|
|
|
|
|
|
|
|
|
Average daily volume and rate per contract figures from 2008
have been revised due to standardizing NYMEX reporting conventions
to follow CME's treatment of post-trade transactions such as
exercises, assignments and deliveries.
All references to CME Group volume and rate per contract
information in the text of this document exclude our
non-traditional TRAKRS products, for which CME Group
receives significantly lower clearing fees than other CME Group
products, HuRLO products and credit default swap clearing.
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
largest central counterparty clearing services in the world, which
provides clearing and settlement services for exchange-traded
contracts, as well as for over-the-counter derivatives transactions
through CME ClearPort®. These products and services
ensure that businesses everywhere can substantially mitigate
counterparty credit risk in both listed and over-the-counter
derivatives markets.
The Globe logo, CME, Chicago Mercantile Exchange, CME Group,
Globex, E-mini and CME ClearPort are trademarks of Chicago
Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of the
Board of Trade of the City of Chicago. NYMEX and New York
Mercantile Exchange are 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
SOURCE CME Group