CHICAGO, Feb. 24, 2011 /PRNewswire/ -- CME Group, the
world's leading and most diverse energy marketplace, today
announced the third record volume for its global benchmark Light
Sweet Crude Oil (WTI) options contracts since the beginning of
2011. On Wednesday, Feb. 23, WTI
options reached a record 324,655 contracts, surpassing the previous
record of 294,411 contracts set on Jan.
31, which represents a 10.3 percent increase from the prior
record.
"CME Group is the leading crude oil options marketplace for both
WTI and Brent Crude Oil," said Joe
Raia, CME Group Managing Director, Energy & Metals
Products. "As unrest continues in key parts of the world, customers
around the world come to CME Group to manage their crude oil risk
because of the depth of liquidity and unmatched transparency of our
products."
CME Group NYMEX WTI is the largest, deepest and most liquid
global energy market benchmark, trading more than 1.1 million
futures and options contracts daily – on average more than double
the size of its nearest competitor.
CME Group Light Sweet Crude Oil (WTI) futures and options
contracts are listed by and subject to the rules of NYMEX.
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