CHICAGO, March 2, 2012 /PRNewswire/
-- CME Group, the world's leading and most
diverse derivatives marketplace, today announced that February 2012 volume averaged 12.8 million
contracts per day, down 13 percent from February 2011 – which posted exceptionally strong
average daily volume due to the impact of significant unrest
in the Middle East throughout the
month – but up 10 percent from January 2012. Total volume for
February was 255 million contracts, of which 83 percent was traded
electronically.
Open interest at the end of February
2012 reached 91.8 million contracts, up 17 percent from the
end of 2011. This open interest growth year-to-date in 2012
through February compares with 11 percent to date in 2011 through
February. Open interest growth year-to-date through
February 2012 was especially strong
in interest rates at 30 percent, equity indexes at 22 percent and
foreign exchange (FX) at 20 percent.
In February 2012, CME Group
interest rate volume averaged 6.0 million contracts per day, down
19 percent from February 2011, but up
15 percent sequentially. Treasury futures volume averaged 2.9
million contracts per day, down 13 percent compared with same
period a year ago, but up 50 percent sequentially. Treasury
options volume averaged 322,000 contracts per day, down 13 percent
from February 2011, but up 4 percent
sequentially. Eurodollar futures volume averaged 1.9 million
contracts per day, down 29 percent from February 2011.
Eurodollar options volume averaged 815,000 contracts per day, down
8 percent from the prior February.
CME Group equity index volume averaged 2.2 million contracts per
day, down 14 percent from February 2011. CME Group foreign
exchange (FX) volume averaged 848,000 contracts per day, down 9
percent from February last year, but up 14 percent sequentially,
reflecting average daily notional value of $110 billion.
CME Group energy volume averaged 2.1 million contracts per day,
in line with February 2011, and up 6
percent sequentially. CME Group agricultural commodities
volume averaged 1.2 million contracts per day, down 9 percent
compared with the prior year period, but up 13 percent compared
with January 2012. CME Group metals volume averaged 395,000
contracts per day, up 12 percent compared with the same period last
year, and up 8 percent sequentially.
Electronic volume averaged 10.5 million contracts per day in
February 2012, down 13 percent from
February 2011, but up 11 percent
sequentially. Privately negotiated volume decreased 12
percent to 225,000 contracts per day, from the prior February.
Average daily volume cleared through CME ClearPort was
624,000 contracts in February 2012,
up 14 percent compared with February
2011, and up 7 percent compared with January 2012.
Open outcry volume averaged 1.4 million contracts per day, down 20
percent versus the prior-year period, and up 3 percent
sequentially.
MONTHLY
AVERAGE DAILY VOLUME (ADV)
|
|
Total
Exchange ADV
( in
thousands)
|
|
|
Feb
2012
|
Feb
2011
|
|
Trading
Days
|
20
|
19
|
|
|
|
|
|
PRODUCT
LINE
|
Feb
2012
|
Feb
2011
|
Percent
Change
|
Interest
Rates
|
5,991
|
7,368
|
-19%
|
Equity
Indexes
|
2,201
|
2,554
|
-14%
|
Foreign
Exchange (FX)
|
848
|
933
|
-9%
|
Energy
(including CME ClearPort)
|
2,143
|
2,150
|
0%
|
Agricultural Commodities
|
1,191
|
1,315
|
-9%
|
Metals
(including CME ClearPort)
|
395
|
352
|
12%
|
Total
|
12,768
|
14,672
|
-13%
|
|
|
|
VENUE
|
Feb
2012
|
Feb
2011
|
Percent
Change
|
Open
outcry
|
1,374
|
1,709
|
-20%
|
CME
Globex
|
10,545
|
12,160
|
-13%
|
Privately
negotiated
|
225
|
254
|
-12%
|
CME
ClearPort (OTC)
|
624
|
548
|
14%
|
ROLLING
THREE-MONTH AVERAGES
Average
Daily Volume (In thousands)
|
|
3-Month
Period Ending
|
PRODUCT
LINE
|
Feb-12
|
Jan-12
|
Dec-11
|
Nov-11
|
Interest
Rates
|
4,888
|
4,858
|
4,729
|
5,315
|
Equity
Indexes
|
2,419
|
2,751
|
3,147
|
3,673
|
Foreign
Exchange (FX)
|
771
|
760
|
820
|
940
|
Energy
|
1,854
|
1,749
|
1,704
|
1,795
|
Agricultural Commodities
|
1,019
|
995
|
1,004
|
1,099
|
Metals
|
342
|
335
|
315
|
376
|
Total
|
11,294
|
11,449
|
11,719
|
13,199
|
|
|
|
|
|
VENUE
|
Feb-12
|
Jan-12
|
Dec-11
|
Nov-11
|
Open
outcry
|
1,196
|
1,215
|
1,173
|
1,346
|
Electronic
|
9,364
|
9,524
|
9,864
|
11,136
|
Privately
negotiated
|
202
|
202
|
204
|
225
|
CME
ClearPort (OTC)
|
531
|
507
|
492
|
470
|
Average
Rate Per Contract (In dollars)
|
|
3-Month
Period Ending
|
PRODUCT
LINE
|
Jan-12
|
Dec-11
|
Nov-11
|
Oct-11
|
Interest
Rates
|
0.481
|
0.480
|
0.473
|
0.473
|
Equity
Indexes
|
0.697
|
0.705
|
0.708
|
0.707
|
Foreign
Exchange (FX)
|
0.841
|
0.828
|
0.814
|
0.799
|
Energy
|
1.547
|
1.507
|
1.497
|
1.507
|
Agricultural Commodities
|
1.223
|
1.230
|
1.239
|
1.237
|
Metals
|
1.697
|
1.706
|
1.736
|
1.639
|
Total
|
0.820
|
0.811
|
0.802
|
0.781
|
|
|
|
|
|
VENUE
|
Jan-12
|
Dec-11
|
Nov-11
|
Oct-11
|
Exchange-Traded
|
0.750
|
0.748
|
0.742
|
0.724
|
CME
ClearPort (OTC)
|
2.330
|
2.290
|
2.352
|
2.473
|
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 world's leading central
counterparty clearing providers, which offers 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. Further information about CME Group (NASDAQ:
CME) and its products can be found at www.cmegroup.com.
CME-G
SOURCE CME Group