CHICAGO, May 29, 2024
/PRNewswire/ -- CME Group, the world's leading derivatives
marketplace, today announced that volume in its deeply liquid U.S.
Treasury complex set a new record of 34,350,339 contracts traded on
May 28, surpassing the previous
record of 33,322,608 contracts on November
27, 2023.
"Investors seeking to navigate historic levels of debt issuance
and persistent uncertainty are turning to our U.S. Treasury complex
in record numbers to access the world's most liquid, flexible and
efficient risk management offerings," said Agha Mirza, CME Group Global Head of Rates and
OTC Products. "In advance of the Treasury market move toward
central clearing, we are also seeing new open interest records as
our leading network of buyside participants continues to grow and
we explore more opportunities to extend cost savings across
portfolios."
CME Group delivers the market's leading electronic, central
limit order book for every tenor of U.S. Treasury futures and
options, which trade side-by-side on the CME Globex platform with
BrokerTec cash securities. In addition, clients benefit from the
flexibility of privately negotiated transactions in the form of
blocks, exchange for risk (EFR) and exchange of futures for
physical (EFP) agreements. These tools are used globally to manage
risk for sovereigns, banks, asset managers, hedge funds, principal
trading firms and other institutions.
U.S. Treasury futures and options receive automatic margin
offsets against existing CME Group Interest Rate products, and are
listed with, and subject to, the rules of CBOT. These contracts are
also eligible for portfolio margining against other cleared
interest rate swaps, futures and options.
For more information on the CME Group U.S. Treasury complex,
please visit our product page here.
As the world's leading derivatives marketplace, CME Group
(www.cmegroup.com) enables clients to trade futures, options, cash
and OTC markets, optimize portfolios, and analyze data – empowering
market participants worldwide to efficiently manage risk and
capture opportunities. CME Group exchanges offer the widest range
of global benchmark products across all major asset classes based
on interest rates, equity indexes, foreign
exchange, energy, agricultural
products and metals. The company offers futures and
options on futures trading through the CME Globex platform,
fixed income trading via BrokerTec and foreign exchange trading on
the EBS platform. In addition, it operates one of the world's
leading central counterparty clearing providers, CME Clearing.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange,
Globex, and, E-mini are trademarks of Chicago Mercantile Exchange
Inc. CBOT and Chicago Board of
Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York
Mercantile Exchange and ClearPort are trademarks of New York
Mercantile Exchange, Inc. COMEX is a trademark of Commodity
Exchange, Inc. BrokerTec and EBS are trademarks of BrokerTec Europe
LTD and EBS Group LTD, respectively. The S&P 500 Index is a
product of S&P Dow Jones Indices LLC ("S&P DJI").
"S&P®", "S&P 500®", "SPY®", "SPX®", US 500 and The 500 are
trademarks of Standard & Poor's Financial Services LLC; Dow
Jones®, DJIA® and Dow Jones Industrial Average are service and/or
trademarks of Dow Jones Trademark Holdings LLC. These trademarks
have been licensed for use by Chicago Mercantile Exchange Inc.
Futures contracts based on the S&P 500 Index are not sponsored,
endorsed, marketed, or promoted by S&P DJI, and S&P DJI
makes no representation regarding the advisability of investing in
such products. All other trademarks are the property of their
respective owners.
CME-G
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SOURCE CME Group