CME GROUP INC. CHICAGO, Nov. 4, 2014 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that October 2014 volume averaged a record 17.6 million contracts per day, up 58 percent from October 2013, and posted year-over-year growth in all six product lines. Total volume for October 2014 was more than 404 million contracts, of which 87 percent was traded electronically, and a record 15.4 million contracts traded on CME Globex during the month. CME Group open interest stands at approximately 104.9 million contracts at the end of the month, up 25 percent year-to-date.
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CME Group interest rate volume averaged 9.2 million contracts per day in October 2014, up 89 percent compared with October 2013. Eurodollar futures volume averaged a record 3.8 million contracts per day, up 100 percent from the same period a year ago. Eurodollar options volume averaged 1.2 million contracts per day, up 88 percent from October last year. Treasury futures volume averaged 3.4 million contracts per day, up 88 percent compared with October 2013. Treasury options volume averaged 695,000 contracts per day, up 46 percent from the same period last year. Overall CME Group interest rate open interest has increased 45 percent year-to-date.
CME Group FX volume averaged 986,000 contracts per day, up 53 percent from October 2013. The average daily notional value of FX contracts traded in October was $114 billion. CME Group equity index volume in October 2014 averaged 4.0 million contracts per day, up 50 percent from the same period a year ago, and included monthly volume records for overall equity index options, as well as E-mini S&P 500 options.
CME Group agricultural commodities volume averaged 1.3 million contracts per day in October 2014, up 30 percent compared with the prior-year period. CME Group energy volume averaged 1.8 million contracts per day, up 9 percent from October 2013. CME Group metals volume averaged 330,000 contracts per day, up 9 percent compared with the prior October.
In October 2014, CME Group cleared a record $181 billion in average daily notional value of over-the-counter (OTC) interest rate swaps. During the month, OTC interest rate swap open interest increased 9 percent from the end of September to $21.9 trillion, which represents 60 percent of clients' total cleared OTC interest rate swap open interest. Average daily trade count for the month was 1,843.
MONTHLY AVERAGE DAILY VOLUME (ADV)
Total Exchange ADV
( in thousands)
Oct 2014 Oct 2013
-------- --------
Trading
Days 23 23
PRODUCT
LINE Oct 2014 Oct 2013 Percent Change
-------- -------- --------------
Interest
Rates 9,199 4,868 89%
Equity
Indexes 4,035 2,682 50%
Foreign
Exchange
(FX) 986 644 53%
Energy 1,766 1,626 9%
Agricultural
Commodities 1,270 976 30%
Metals 330 302 9%
--- --- ---
Total 17,586 11,097 58%
VENUE Oct 2014 Oct 2013 Percent Change
-------- -------- --------------
Open outcry 1,484 966 54%
CME Globex 15,377 9,503 62%
Privately negotiated* 725 628 15%
ROLLING THREE-MONTH AVERAGES
Average Daily Volume (In thousands)
3-Month Period Ending
PRODUCT
LINE Oct-14 Sep-14 Aug-14 Jul-14
Interest
Rates 8,221 7,181 6,643 6,741
Equity
Indexes 3,158 2,586 2,392 2,353
Foreign
Exchange
(FX) 937 797 671 645
Energy 1,609 1,562 1,534 1,520
Agricultural
Commodities 1,127 1,058 1,104 1,057
Metals 312 308 308 322
--- --- --- ---
Total 15,364 13,493 12,651 12,638
VENUE Oct-14 Sep-14 Aug-14 Jul-14
Open outcry 1,358 1,208 1,092 1,108
Electronic 13,330 11,627 10,925 10,863
Privately
negotiated* 676 657 634 667
*The privately negotiated venue includes both traditional block trades as well as what was historically categorized as CME ClearPort. Going forward there will no longer be a break out for CME ClearPort.
Average Rate Per Contract (In dollars)
3-Month Period Ending
PRODUCT LINE Sep-14 Aug-14 Jul-14 Jun-14
Interest Rates 0.473 0.473 0.470 0.473
Equity Indexes 0.687 0.695 0.704 0.714
Foreign
Exchange (FX) 0.788 0.830 0.850 0.861
Energy 1.291 1.259 1.250 1.298
Agricultural
Commodities 1.362 1.398 1.409 1.430
Metals 1.707 1.709 1.712 1.715
----- ----- ----- -----
Total 0.725 0.740 0.737 0.749
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, its trading facilities in New York and Chicago, and through its London-based CME Europe derivatives exchange. CME Group also operates one of the world's leading central counterparty clearing providers through CME Clearing and CME Clearing Europe, which offer clearing and settlement services across asset classes for exchange-traded contracts and over-the-counter derivatives transactions. These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk.
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. KCBOT, KCBT and Kansas City Board of Trade are trademarks of The Board of Trade of Kansas City, Missouri, 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
