Market Overview

CME Group Averaged 13.5 Million Contracts Per Day in July 2018

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CME Group Averaged 13.5 Million Contracts Per Day in July 2018

PR Newswire

CHICAGO, Aug. 2, 2018 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, reached average daily volume (ADV) of 13.5 million contracts during July 2018. Open interest at the end of July was 121 million contracts, a 7 percent increase from the end of July 2017, and up 12 percent from year-end 2017. 

Metals volume averaged 642,000 contracts per day in July 2018, up 17 percent from July 2017. Highlights include: 

  • Gold futures and options ADV grew 16 percent to 397,000 contracts
  • Copper futures and options ADV increased 56 percent to 137,000 contracts

Equity Index volume averaged 2.4 million contracts per day in July 2018, up 13 percent from July 2017. Highlights include:

  • E-mini NASDAQ 100 futures and options ADV grew 23 percent to 358,000 contracts
  • E-mini Dow futures and options ADV increased 48 percent to 158,000 contracts
  • E-mini S&P 500 Wednesday Weekly futures and options ADV increased 15 percent to 38,000 contracts. Monday Weekly futures and options ADV rose 71 percent to 31,000 contracts

Interest Rate volume averaged 6.2 million contracts per day in July 2018, down 2 percent from July 2017. Highlights include:

  • Treasury futures ADV grew 4 percent to 2.6 million contracts
  • Eurodollar options ADV increased 9 percent to 918,000 contracts
  • Ultra 10-Year U.S. Treasury Note futures and options ADV rose 27 percent to 121,000 contracts
  • Ultra U.S. Treasury Bond futures and options ADV increased 20 percent to 107,000 contracts

Foreign Exchange volume averaged 840,000 contracts per day in July 2018, down 3 percent from July 2017. Highlights include:

  • British pound futures and options ADV increased 18 percent to 130,000 contracts
  • Mexican peso futures and options ADV grew 69 percent to 60,000 contracts
  • Brazilian real futures and options ADV rose 31 percent to 5,700 contracts

Options volume averaged 2.8 million contracts per day in July 2018, down 5 percent from July 2017. Highlights include:

  • Equities options ADV grew 8 percent to 564,000 contracts
  • Metals options ADV rose 17 percent to 56,000 contracts

Energy volume averaged 2.2 million contracts per day in July 2018, down 16 percent from July 2017. Highlights include:

  • Brent Crude Oil futures and options ADV increased 23 percent to 94,000 contracts
  • Natural Gas Liquids and Plastics futures and options ADV grew 29 percent to 9,000 contracts
  • Fuel Oil futures and options ADV grew 21 percent to 4,100 contracts

Agricultural volume averaged 1.3 million contracts per day in July 2018, down 18 percent from July 2017. Highlights include:

  • Electronic Livestock futures ADV grew 6 percent to 146,000 contracts
  • Lean Hog futures and options ADV rose 27 percent to 74,000 contracts
  • Hard Red Winter Wheat futures and options ADV rose 3 percent to 55,000 contracts
  • Soft Red Winter Wheat options increased 3 percent to 43,000 contracts

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)



Jul 2018

Jul 2017


Trading Days

21

20






PRODUCT LINE

Jul 2018

Jul 2017

Percent Change

Interest Rates

6,151

6,279

-2%

Equity Indexes

2,361

2,092

13%

Foreign Exchange (FX)

840

863

-3%

Energy

2,188

2,610

-16%

Agricultural Commodities

1,348

1,642

-18%

Metals

642

550

17%

   Total

13,530

14,036

-4%





VENUE

 Jul 2018

Jul 2017

Percent Change

Open outcry

845

743

14%

CME Globex

12,198

12,787

-5%

Privately negotiated

487

505

-4%

 

ROLLING THREE-MONTH AVERAGES


Average Daily Volume (In thousands) 



3-Month Period Ending

PRODUCT LINE

Jul-18

Jun-18

May-18

Apr-18

Interest Rates

8,703

9,200

10,019

11,253

Equity Indexes

2,735

3,086

3,475

4,228

Foreign Exchange (FX)

1,037

1,035

1,019

1,010

Energy

2,492

2,630

2,557

2,583

Agricultural Commodities

1,592

1,734

1,587

1,764

Metals

661

674

680

685

   Total

17,220

18,359

19,337

21,523






VENUE

Jul-18

Jun-18

May-18

Apr-18

Open outcry

992

1,066

1,184

1,462

Electronic

15,615

16,644

17,482

19,293

Privately negotiated

613

649

671

768

 

Average Rate Per Contract (In dollars)




3-Month Period Ending

PRODUCT LINE

Jun-18

May-18

Apr-18

Mar-18

Interest Rates

0.491

0.478

0.472

0.464

Equity Indexes

0.797

0.785

0.776

0.781

Foreign Exchange (FX)

0.741

0.759

0.755

0.762

Energy

1.142

1.148

1.159

1.140

Agricultural Commodities

1.274

1.267

1.259

1.246

Metals

1.403

1.395

1.397

1.367

   Total

0.757

0.733

0.721

0.706

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 ratesequity indexesforeign exchangeenergyagricultural 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 offers clearing and settlement services across asset classes for exchange-traded and over-the-counter derivatives.  CME Group 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 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.  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

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