CME GROUP INC. CHICAGO, April 4, 2017 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that March 2017 average daily volume (ADV) reached 16.9 million contracts, up 18 percent from a March 2016. CME Group March 2017 options volume averaged 4 million contracts per day, up 47 percent versus March 2016, with electronic options averaging 2.3 million contracts per day, up 52 percent over the same period last year. Open interest at the end of March was 114 million contracts, up 8 percent from the end of March 2016.
Interest Rate volume averaged 8.7 million contracts per day in March 2017, up 36 percent from March 2016. Highlights include:
-- Reached record quarterly Interest Rates ADV of 9.2 million contracts, up
11 percent, including record Interest Rate options ADV of 2.4 million
contracts, up 12 percent
-- Grew first-quarter Fed Fund futures ADV 107 percent to a record 252,000
contracts
-- Increased March 2017 Treasury options ADV 53 percent to 755,000
contracts, including 88 percent growth in weekly Treasury options
-- Achieved March 2017 Eurodollar options ADV of 1.7 million contracts, up
73 percent, with a record 29 percent traded electronically
-- Reached record level of Large Open Interest Holders (LOIH) of 1,834 in
Interest Rate futures as of March 21, 2017, up 11 percent from the 2016
annual average of 1,649, according to the CFTC weekly Commitment of
Traders report
Energy volume averaged 2.5 million contracts per day in March 2017, up 7 percent from March 2016. Highlights include:
-- Grew WTI Crude Oil futures ADV 10 percent to 1.2 million contracts and
WTI Crude Oil options ADV 27 percent to 242,000 contracts
-- Reached a number of WTI Crude Oil futures open interest records during
first quarter, including the current daily open interest record of 2.2
million contracts on March 14, 2017
-- Increased Natural Gas futures and options ADV 9 percent to 548,000
contracts, with 16 percent growth in electronic Natural Gas futures and
options ADV
-- Grew Refined Products futures and options ADV 10 percent to 364,000
contracts
-- Achieved first-quarter 2017 Gasoline futures and options ADV of 208,000
contracts, up 13 percent
Foreign Exchange volume averaged 978,000 contracts per day in March 2017, up 7 percent from March 2016. Highlights include:
-- Increased Japanese Yen futures and options ADV 21 percent to 181,000
contracts
-- Grew British Pound futures and options ADV 8 percent to 137,000
contracts
Metals volume averaged 491,000 contracts per day in March 2017, up 5 percent from March 2016. Highlights include:
-- Reached record first-quarter Metals ADV of 512,000 contracts, up 13
percent
-- Achieved 24 percent year-over-year growth for base metals in the first
quarter, led by Copper futures, which averaged nearly 95,000 contracts
per day, up 23 percent, during the same period
-- Achieved 14 Copper futures open interest records during the first
quarter, including surpassing 300,000 contracts on February 13, 2017
-- Increased March 2017 Platinum futures and options ADV and Silver futures
and options ADV 19 percent and 17 percent, respectively
Equity Index volume averaged 3.2 million contracts per day in March 2017, up 2 percent from March 2016. Highlights include:
-- Reached record first-quarter Equity Index options ADV of 721,000
contracts, up 13 percent
-- Grew March 2017 E-mini S&P 500 options 47 percent to 697,000 contracts,
including 167 percent growth in E-mini S&P 500 weekly options and 154
percent growth in E-mini S&P 500 end-of-month (EOM) options
-- Achieved second highest monthly volume of CME Group Select Sector
futures, with nearly 225,000 contracts traded in March
Agricultural volume averaged 1.1 million contracts per day in March 2017, down 1 percent from March 2016. Highlights include:
-- Achieved 20 percent and 13 percent ADV growth in Soybean Meal and Corn
options, respectively
-- Grew Hard Red Winter Wheat futures and options ADV 27 percent and
Soybean Oil futures and options 19 percent
Footnote: To see CME Group daily over-the-counter (OTC) notional cleared volumes and open interest, monthly OTC notional cleared volumes and monthly total trade count, go to http://www.cmegroup.com/education/cme-volume-oi-records.html
MONTHLY AVERAGE DAILY VOLUME (ADV)
Total Exchange ADV
(in thousands)
Mar 2017 Mar 2016
-------- --------
Trading Days 23 22
PRODUCT LINE Mar 2017 Mar 2016 Percent Change
-------- -------- --------------
Interest Rates 8,702 6,385 36%
Equity Indexes 3,189 3,124 2%
Foreign Exchange (FX) 978 912 7%
Energy 2,465 2,299 7%
Agricultural Commodities 1,113 1,119 -1%
Metals 491 467 5%
--- --- ---
Total 16,937 14,307 18%
Mar 2017 Mar 2016 P Percent Change
VENUE
---
Open outcry 1,384 985 41%
CME Globex 14,778 12,611 17%
Privately negotiated 775 711 9%
QUARTERLY AVERAGE DAILY VOLUME (ADV)
Total Exchange ADV
(in thousands)
1Q 2017 1Q 2016
------- -------
Trading
Days 62 61
PRODUCT
LINE 1Q 2017 1Q 2016 Percent Change
------- ------- --------------
Interest
Rates 9,169 8,246 11%
Equity
Indexes 2,766 3,557 -22%
Foreign
Exchange
(FX) 894 944 -5%
Energy 2,496 2,536 -2%
Agricultural
Commodities 1,261 1,206 5%
Metals 512 454 13%
--- --- ---
Total 17,098 16,944 1%
1Q 2017 1Q 2016 P Percent Change
VENUE
---
Open
outcry 1,362 1,423 -4%
CME
Globex 14,947 14,713 2%
Privately
negotiated 789 807 -2%
ROLLING THREE-MONTH AVERAGES
Average Daily Volume (In thousands)
3-Month Period Ending
PRODUCT
LINE Mar-17 Feb-17 Jan-17 Dec-16
Interest
Rates 9,169 8,706 9,204 8,300
Equity
Indexes 2,766 2,631 2,846 2,875
Foreign
Exchange
(FX) 894 861 933 883
Energy 2,496 2,536 2,630 2,586
Agricultural
Commodities 1,261 1,235 1,184 1,193
Metals 512 466 534 488
--- --- --- ---
Total 17,098 16,435 17,331 16,325
Feb-17 Feb-17 Jan-17 Dec-16
VENUE
Open
outcry 1,362 1,276 1,281 1,130
Electronic 14,947 14,355 15,156 14,375
Privately
negotiated 789 804 894 820
Average Rate Per Contract (In dollars)
3-Month Period Ending
PRODUCT
LINE Feb-17 Jan-17 Dec-16 Nov-16
Interest
Rates 0.494 0.489 0.491 0.496
Equity
Indexes 0.708 0.702 0.691 0.682
Foreign
Exchange
(FX) 0.822 0.799 0.804 0.782
Energy 1.129 1.104 1.099 1.087
Agricultural
Commodities 1.365 1.335 1.336 1.338
Metals 1.501 1.455 1.486 1.487
----- ----- ----- -----
Total 0.737 0.722 0.731 0.731
As the world's leading and most diverse derivatives marketplace, CME Group (www.cmegroup.com) is where the world comes to manage risk. Through its exchanges, CME Group offers 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 products and metals. CME Group provides electronic trading globally on its CME Globex platform. The company also offers clearing and settlement services across asset classes for exchange-traded and over-the-counter derivatives through its clearinghouses CME Clearing and CME Clearing Europe. CME Group's products and services ensure that businesses around the world can effectively manage risk and achieve growth.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex and E-mini are trademarks of Chicago Mercantile Exchange Inc. CBOT, Chicago Board of Trade, KCBT and Kansas City 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. Dow Jones, Dow Jones Industrial Average, S&P 500 and S&P are service and/or trademarks of Dow Jones Trademark Holdings LLC, Standard & Poor's Financial Services LLC and S&P/Dow Jones Indices LLC, as the case may be, and have been licensed for use by Chicago Mercantile Exchange Inc. All other trademarks are the property of their respective owners.
CME-G
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SOURCE CME Group
