CHICAGO, March 4, 2019 /PRNewswire/ -- CME Group, the
world's leading and most diverse derivatives marketplace, reached
average daily volume (ADV) of 19 million contracts in February 2019. This is up 7 percent from
January 2019, but down from a record
27.3 million contracts per day in February
2018. Open interest (OI) at the end of February was 126
million contracts, up 3 percent from January
2019, but down 3 percent from February 2018.
Agricultural volume averaged 1.7 million contracts per day
in February 2019, down 13 percent
from February 2018. Highlights
include:
- Livestock electronic futures ADV increased 4 percent to 125,000
contracts
- Corn options ADV grew 32 percent to 100,000 contracts
- Lean Hog futures and options ADV rose 8 percent to 64,000
contracts
- Live Cattle futures ADV grew 6 percent to 60,000 contracts
- Wheat options ADV rose 23 percent to 45,000 contracts
Energy volume averaged 2.3 million contracts per day in
February 2019, down 17 percent from
February 2018. Highlights
include:
- Record WTI Houston Crude Oil futures OI of 5,900 contracts on
February 19 and record daily volume
of 4,800 contracts on February
20
Metals volume averaged 525,000 contracts per day in
February 2019, down 24 percent from
February 2018. Highlights
include:
- Record Copper options OI of 57,000 contracts on February 22 and record daily volume of 12,500
contracts on February 20
- Platinum futures and options ADV increased 11 percent to 20,500
contracts
- Copper options ADV more than tripled to 3,700 contracts
Foreign Exchange volume averaged 762,000 contracts per day
in February 2019, down 30 percent
from February 2018. Highlights
include:
- Record Offshore Chinese renminbi futures daily volume of 5,800
contracts on February 11
Interest Rate volume averaged 11 million contracts per day
in February 2019, down 30 percent
from February 2018. Highlights
include:
- Record SOFR futures OI of 125,000 contracts and record daily
volume of 61,200 contracts on February
28
- 2-Year U.S. Treasury Note futures ADV increased 6 percent to a
record 1.1 million contracts, following the tick size reduction in
January
- SOFR futures ADV increased 70 percent to a record 31,200
contracts, compared to last month
- SONIA futures ADV rose 40 percent to 8,600 contracts, compared
to January 2019
- 5-Year U.S. Treasury Note Wednesday Weekly options ADV grew 16
percent to 6,000 contracts
Options volume averaged 3.5 million contracts per day in
February 2019, down 42 percent from
February 2018.
Equity Index volume averaged 2.7 million contracts per day
in February 2019, down 45 percent
from February 2018. Highlights
include:
- S&P 500 Total Return Index futures and options ADV grew 83
percent year-over-year to 2,200 contracts
BrokerTec European Repo average daily notional value
increased 1 percent to €270.5 billion.
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)
|
|
|
Feb
2019
|
Feb
2018
|
|
Trading
Days
|
19
|
19
|
|
|
|
|
|
PRODUCT
LINE
|
Feb
2019
|
Feb
2018
|
Percent
Change
|
Interest
Rates
|
11,020
|
15,816
|
-30%
|
Equity
Indexes
|
2,679
|
4,905
|
-45%
|
Foreign Exchange
(FX)
|
762
|
1,087
|
-30%
|
Energy
|
2,328
|
2,808
|
-17%
|
Agricultural
Commodities
|
1,731
|
1,988
|
-13%
|
Metals
|
525
|
690
|
-24%
|
Total
|
19,044
|
27,294
|
-30%
|
|
|
|
|
VENUE
|
Feb
2019
|
Feb
2018
|
P Percent
Change
|
Open
outcry
|
1,192
|
1,971
|
-40%
|
CME Globex
|
17,059
|
24,313
|
-30%
|
Privately
negotiated
|
794
|
1,010
|
-21%
|
ROLLING
THREE-MONTH AVERAGES
Average Daily
Volume (In thousands)
|
|
|
3-Month Period
Ending
|
PRODUCT
LINE
|
Feb-19
|
Jan-19
|
Dec-18
|
Nov-18
|
Interest
Rates
|
10,256
|
10,375
|
10,919
|
10,436
|
Equity
Indexes
|
3,699
|
4,004
|
4,511
|
3,973
|
Foreign Exchange
(FX)
|
877
|
921
|
942
|
972
|
Energy
|
2,389
|
2,658
|
2,665
|
2,723
|
Agricultural
Commodities
|
1,280
|
1,203
|
1,248
|
1,314
|
Metals
|
510
|
544
|
547
|
597
|
Total
|
19,010
|
19,905
|
20,831
|
20,014
|
|
|
|
|
|
VENUE
|
Feb-19
|
Jan-19
|
Dec-18
|
Nov-18
|
Open
outcry
|
1,224
|
1,178
|
1,128
|
1,096
|
Electronic
|
17,030
|
17,996
|
19,024
|
18,240
|
Privately
negotiated
|
756
|
731
|
680
|
678
|
Average Rate
Per Contract (In dollars)
|
|
|
3-Month Period
Ending
|
PRODUCT
LINE
|
Jan-19
|
Dec-18
|
Nov-18
|
Oct-18
|
Interest
Rates
|
0.479
|
0.475
|
0.476
|
0.480
|
Equity
Indexes
|
0.731
|
0.715
|
0.723
|
0.731
|
Foreign Exchange
(FX)
|
0.745
|
0.720
|
0.711
|
0.719
|
Energy
|
1.160
|
1.150
|
1.143
|
1.157
|
Agricultural
Commodities
|
1.277
|
1.261
|
1.248
|
1.244
|
Metals
|
1.465
|
1.428
|
1.394
|
1.374
|
Total
|
0.708
|
0.697
|
0.705
|
0.714
|
BrokerTec Fixed
Income and EBS Foreign Exchange Average Daily Notional
Value
(in billion USD
unless otherwise stated, single count)
|
|
|
|
|
|
PRODUCT
LINE
|
Feb
2018
|
Feb
2019
|
YoY %
Change
|
Jan
2019
|
MoM %
Change
|
U.S.
Treasury1
|
238.7
|
155.6
|
-35%
|
183.5
|
-15%
|
|
U.S. Repo
|
271.4
|
246.3
|
-9%
|
261.3
|
-6%
|
|
European Repo (in EUR
billions)
|
269.0
|
270.5
|
1%
|
257.6
|
5%
|
|
Spot FX
|
108.3
|
73.9
|
-32%
|
87.1
|
-15%
|
|
|
|
|
|
|
|
|
|
12 Month ended
February 28
|
PRODUCT
LINE
|
2018
|
2019
|
% Change
|
|
|
U.S.
Treasury
|
166.3
|
166.4
|
0%
|
|
|
U.S. Repo
|
237.4
|
237.1
|
0%
|
|
|
European Repo (in EUR
billions)
|
233.0
|
261.2
|
12%
|
|
|
Spot FX
|
85.8
|
86.3
|
1%
|
|
|
|
|
|
|
|
|
|
|
|
[1] Volume information includes UST
Benchmarks and Agencies. Off-the-Run securities, including T-Bills,
are provided pursuant to an agreement with ICAP Securities USA
LLC.
|
As the world's leading and most diverse 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. With a range of pre- and post-trade products and
services underpinning the entire lifecycle of a trade, CME Group
also offers optimization and reconciliation services through
TriOptima, and trade processing services through Traiana.
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, EBS, TriOptima,
and Traiana are trademarks of BrokerTec Europe LTD, EBS Group LTD,
TriOptima AB, and Traiana, Inc., respectively. 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