CHICAGO, Sept. 24, 2018 /PRNewswire/ -- CME Group,
the world's leading and most diverse derivatives marketplace, today
announced its COMEX Copper options reached an all-time daily volume
record of 8,089 contracts (91,727 metric tons) traded on
Friday, September 21. Friday's volume
is nearly double the previous record of 4,255 contracts (48,250
metric tons), set on July 5, 2018.
COMEX Copper options average daily volume has grown nearly 340
percent to 1,260 contracts (14,288 metric tons) per day year to
date based on increased customer demand, especially outside the
U.S. More than 20 percent of Copper options trading volume today
originates from global participants during non-U.S. trading hours.
Open interest, the total number of outstanding positions held by
all participants in a given market, surpassed 31,000 contracts
(351,535 metric tons) on Friday, September
21 – an increase of more than 175 percent since the start of
the year.
To learn more about COMEX Copper options from CME Group, please
visit: www.cmegroup.com/copperoptions
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
products and metals. Around the world, CME Group
brings buyers and sellers together through its CME Globex®
electronic trading platform. CME Group also operates one of
the world's leading central counterparty clearing providers
through CME Clearing, which offer clearing and settlement
services across asset classes for exchange-traded and
over-the-counter derivatives. 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
View original
content:http://www.prnewswire.com/news-releases/cme-group-announces-copper-options-daily-trading-volume-record-300717864.html
SOURCE CME Group