CHICAGO, April 4, 2011 /PRNewswire/ -- CME Group, the
world's leading and most diverse derivatives marketplace, today
announced March volume averaged 14.4 million contracts per day, up
31 percent from March 2010.
Total volume for March was 331 million contracts, of which a
record 85 percent was traded electronically. First-quarter
2011 volume averaged 13.8 million contracts per day, up 19 percent
from first-quarter 2010, representing the second highest quarterly
volume ever.
In March 2011, CME Group interest
rate volume averaged 6.6 million contracts per day, up 33 percent
compared with the prior March. Treasury futures volume
averaged 2.7 million contracts per day, up 48 percent compared with
the same period in 2010, and Treasury options volume averaged
329,000 contracts per day, up 34 percent. Contributing to the
Treasury options growth, the newly launched weekly Treasury options
grew to 14,000 contracts per day on average in March, up 28 percent
from February 2011. Eurodollar
futures volume averaged 2.7 million contracts per day, up 32
percent versus March 2010, and
Eurodollar options volume averaged 767,000 contracts per day, up 8
percent.
CME Group equity index volume averaged 3.5 million contracts per
day, up 32 percent from March 2010.
CME Group foreign exchange (FX) volume averaged 1.0 million
contracts per day, up 11 percent compared with the same period a
year ago, reflecting average daily notional value of $134 billion.
CME Group energy volume averaged 1.8 million contracts per day,
up 20 percent compared with March
2010. CME Group agricultural commodities volume
averaged a record 1.1 million contracts per day, up 60 percent
compared with the prior March. CME Group metals volume
averaged 366,000 contracts per day, up 24 percent compared with the
same period last year.
Electronic volume averaged 12.2 million contracts per day, up 34
percent from the prior March, while privately negotiated volume
increased 33 percent, to 234,000 contracts per day. Average daily
volume cleared through CME ClearPort was 493,000 contracts for
March 2011, up 11 percent compared
with March 2010. Highlighting
that commercial grain market participants are increasingly using
CME Group cleared OTC products as part of their risk management
toolkit, Corn Calendar Swaps volume reached a daily record of
11,710 contracts on the last day of the month, surpassing the
previous record of 3,331 contracts set on Jan. 12, 2011. Open outcry volume averaged 1.4
million contracts per day in March
2011, up 12 percent versus the prior March.
During the first quarter, CME Group interest rate volume
averaged 6.4 million contracts per day, up 25 percent compared with
first-quarter 2010. Treasury futures volume averaged 2.7
million contracts per day, up 32 percent compared with the same
period a year ago, and Treasury options volume averaged 324,000
contracts per day, up 19 percent. Eurodollar futures volume
averaged 2.5 million contracts per day, up 26 percent versus
first-quarter 2010, while Eurodollar options volume averaged
769,000 contracts per day, up 14 percent compared with the prior
first quarter.
First-quarter 2010 CME Group equity index volume averaged 2.9
million contracts per day, up 3 percent. CME Group FX volume
averaged 961,000 contracts per day, up 8 percent compared with the
same period a year ago, reflecting average daily notional value of
$129 billion.
First-quarter CME Group energy volume averaged a record 2.0
million contracts per day, up 23 percent compared with the same
period last year. The energy complex posted record
quarterly average daily volume in multiple contracts,
including the global benchmark WTI futures and options, with
respective volumes of 829,000 and 170,000 contracts per day; the
benchmark Henry Hub Natural Gas Futures, with volume of 321,000
contracts per day, and Heating Oil, with volume of 128,000
contracts per day.
CME Group commodities and alternative investments volume
averaged a record 1.2 million contracts per day, up 47 percent from
first-quarter 2010. CME Group metals volume averaged a record
376,000 contracts per day in first-quarter 2011, up 15 percent
compared with the prior first quarter.
Electronic volume averaged 11.6 million contracts per day, up 21
percent from the prior first quarter, while privately negotiated
volume increased 18 percent to 224,000 contracts per day.
Average daily volume cleared through CME ClearPort was
498,000 contracts for first-quarter 2010, up 5 percent compared
with first-quarter 2010. First-quarter open outcry volume
averaged 1.5 million contracts per day, up 11 percent versus
first-quarter 2010.
|
|
MONTHLY AVERAGE DAILY VOLUME
(ADV)
|
|
|
|
|
|
|
Total
Exchange ADV
( in
thousands)
|
|
|
|
|
Mar
2011
|
Mar
2010
|
|
|
Trading Days
|
23
|
23
|
|
|
|
|
|
|
|
PRODUCT LINE
|
Mar
2011
|
Mar
2010
|
Percent
Change
|
|
Interest Rates
|
6,611
|
4,961
|
33%
|
|
Equity Index
|
3,504
|
2,663
|
32%
|
|
FX
|
1,003
|
907
|
11%
|
|
Energy (including
CME ClearPort)
|
1,794
|
1,497
|
20%
|
|
Commodities
|
1,108
|
692
|
60%
|
|
Metals (including
CME ClearPort)
|
366
|
296
|
24%
|
|
Total
|
14,385
|
11,016
|
31%
|
|
|
|
|
|
|
|
|
|
|
|
VENUE
|
Mar
2011
|
Mar
2010
|
Percent
Change
|
|
Open outcry
|
1,445
|
1,288
|
12%
|
|
CME Globex
|
12,212
|
9,105
|
34%
|
|
Privately negotiated
|
234
|
177
|
33%
|
|
CME ClearPort (OTC)
|
493
|
446
|
11%
|
|
|
|
|
|
|
|
|
|
QUARTERLY AVERAGE DAILY VOLUME
(ADV)
|
|
|
|
|
|
|
Total
Exchange ADV
( in
thousands)
|
|
|
|
|
Q1
2011
|
Q1
2010
|
|
|
Trading Days
|
62
|
61
|
|
|
|
|
|
|
|
PRODUCT LINE
|
Q1
2011
|
Q1
2010
|
Percent
Change
|
|
Interest Rates
|
6,424
|
5,120
|
25%
|
|
Equity Index
|
2,906
|
2,816
|
3%
|
|
FX
|
961
|
887
|
8%
|
|
Energy (including
CME ClearPort)
|
1,973
|
1,609
|
23%
|
|
Commodities
|
1,154
|
785
|
47%
|
|
Metals (including
CME ClearPort)
|
376
|
327
|
15%
|
|
Total
|
13,794
|
11,544
|
19%
|
|
|
|
|
|
|
|
|
|
|
|
VENUE
|
Q1
2011
|
Q1
2010
|
Percent
Change
|
|
Open outcry
|
1,467
|
1,318
|
11%
|
|
CME Globex
|
11,605
|
9,562
|
21%
|
|
Privately negotiated
|
224
|
190
|
18%
|
|
CME ClearPort (OTC)
|
498
|
474
|
5%
|
|
|
|
|
|
|
|
ROLLING THREE-MONTH
AVERAGES
Average Daily Volume
(In thousands)
|
|
|
3-Month
Period Ending
|
|
PRODUCT LINE
|
Mar-11
|
Feb-11
|
Jan-11
|
Dec-10
|
|
Interest Rates
|
6,424
|
5,851
|
5,767
|
5,566
|
|
Equity Index
|
2,906
|
2,407
|
2,510
|
2,545
|
|
FX
|
961
|
891
|
903
|
887
|
|
Energy
|
1,973
|
1,846
|
1,674
|
1,581
|
|
Commodities
|
1,154
|
1,057
|
1,048
|
1,067
|
|
Metals
|
376
|
342
|
391
|
372
|
|
Total
|
13,794
|
12,394
|
12,293
|
12,018
|
|
|
|
|
|
|
|
VENUE
|
Mar-11
|
Feb-11
|
Jan-11
|
Dec-10
|
|
Open outcry
|
1,467
|
1,380
|
1,393
|
1,418
|
|
Electronic
|
11,605
|
10,356
|
10,283
|
9,978
|
|
Privately
negotiated
|
224
|
210
|
214
|
222
|
|
CME ClearPort
(OTC)
|
498
|
447
|
402
|
400
|
|
|
|
|
|
|
|
|
Average Rate Per
Contract (In dollars)
|
|
|
3-Month
Period Ending
|
|
PRODUCT LINE
|
Feb-11
|
Jan-11
|
Dec-10
|
Nov-10
|
|
Interest Rates
|
0.485
|
0.491
|
0.496
|
0.498
|
|
Equity Index
|
0.711
|
0.707
|
0.702
|
0.695
|
|
FX
|
0.820
|
0.811
|
0.804
|
0.795
|
|
Energy
|
1.608
|
1.637
|
1.631
|
1.606
|
|
Commodities
|
1.257
|
1.223
|
1.219
|
1.220
|
|
Metals
|
1.706
|
1.716
|
1.708
|
1.733
|
|
Total
|
0.820
|
0.816
|
0.813
|
0.815
|
|
|
|
|
|
|
|
VENUE
|
Feb-11
|
Jan-11
|
Dec-10
|
Nov-10
|
|
Exchange-Traded
|
0.748
|
0.748
|
0.748
|
0.751
|
|
CME ClearPort
(OTC)
|
2.735
|
2.826
|
2.704
|
2.579
|
|
|
|
|
|
|
|
|
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.
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.
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. All other trademarks are the property of their
respective owners.
CME-G
SOURCE CME Group