CME Group Announces Record 55,000 NYMEX WTI Houston Crude Oil Futures Contracts Traded Since Launch
CHICAGO, Feb. 8, 2019 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced more than 55,000 NYMEX WTI Houston Crude futures contracts have traded since launch on November 5, 2018. Additional NYMEX WTI Houston Crude Oil Futures records reached include:
- Record open interest of 4,004 contracts as of February 7, surpassing the previous record of 1,824 contracts set on February 6
- Record single-day trading volume of 4,430 contracts traded on February 7, surpassing the previous record of 2,232 contracts traded on January 31
During January, NYMEX WTI Houston Crude Oil futures average daily volume grew to over 1,000 contracts traded per day.
NYMEX WTI Houston Crude Oil futures and options contracts expand CME Group's already robust suite of crude oil futures and options and complements the global benchmark NYMEX WTI Light Sweet Crude Oil futures. Participants have the flexibility to make or take delivery of U.S. light sweet crude oil at the Enterprise Crude Houston (ECHO) terminal, Enterprise Houston Ship Channel (EHSC) or Genoa Junction.
WTI Houston Crude Oil futures are listed with and subject to the rules of NYMEX. For more information, please visit www.cmegroup.com/wtihouston.
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.
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SOURCE CME Group
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