CME Group Hit Record Average Daily Volume of 18.2 Million Contracts per Day in January 2016
OREANDA-NEWS. CME Group, the world's leading and most diverse derivatives marketplace, today announced that January 2016 volume averaged a record 18.2 million contracts per day, up 16 percent from January 2015. Total volume for January 2016 was more than 345 million contracts, of which 85 percent was traded electronically. Options volume in January averaged a record 4.3 million contracts per day, up 37 percent versus January 2015, with electronic options growing 30 percent over the same period. CME Group open interest ended up at 107.9 million contracts for January 2016, which is the highest month-over-month increase and is up 16.6 million contracts since Dec 31, 2015.
CME Group interest rate volume averaged 8.9 million contracts per day in January 2016, up 16 percent compared with January 2015. Eurodollar futures volume averaged 3.2 million contracts per day, up 6 percent compared with January 2015. Eurodollar options volume averaged 2.2 million contracts per day, up 110 percent in January, with record electronic Eurodollar options average daily volume of 458,000 contracts, which made up 21 percent of overall Eurodollar options volume. Treasury futures volume averaged 2.8 million contracts per day, down 1 percent from the same period a year ago. Treasury options volume was down 12 percent at 622,000 contracts per day.
CME Group equity index volume in January 2016 averaged 4.1 million contracts per day, up 30 percent from January 2015. CME Group foreign exchange volume averaged 970,000 contracts per day, down 3 percent from the same period a year ago. The average daily notional value of FX contracts traded in January was $92 billion.
CME Group energy volume averaged a record 2.6 million contracts per day in January 2016, up 18 percent from January 2015, and included monthly average daily volume records across WTI crude oil futures and options, Gasoil, NGLs and Plastics, and Coal products. CME Group agricultural commodities volume averaged 1.1 million contracts per day, down 1 percent compared with the prior-year period. CME Group metals volume averaged 405,000 contracts per day, down 1 percent compared with the prior January.
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