CME Group Announces Record Light Sweet Crude Oil (WTI) Futures and Options Trading Volume
CHICAGO, Dec. 9, 2015 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced it reached a trading volume record for combined NYMEX WTI futures and options yesterday, December 8, of 1,841,295 contracts compared to the previous record of 1,772,232 contracts on August 31, 2015.
Additionally, WTI futures set a trading volume record of 1,595,710 contracts on December 8 versus the previous record of 1,472,088 contracts set on January 28, 2011.
"These recent volume records show that market participants see the value in turning to CME Group's liquid, electronic markets to manage their risk during times of heightened volatility," said Peter Keavey, CME Group Executive Director of Energy Products. "CME Group is becoming the first choice for our customers' global crude oil risk management needs, and we've seen that over the course of the year with 15 of the top 20 record trading days in WTI futures taking place in 2015."
NYMEX Light Sweet Crude Oil futures and options contracts are listed by and subject to the rules of the New York Mercantile Exchange.
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 commodities, metals, weather and real estate. CME Group brings buyers and sellers together through its CME Globex® electronic trading platform, its trading facilities in New York and Chicago, and through its London-based CME Europe derivatives exchange. CME Group also operates one of the world's leading central counterparty clearing providers through CME Clearing and CME Clearing Europe, which offer clearing and settlement services across asset classes for exchange-traded contracts and over-the-counter derivatives transactions. These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk.
CME Group is a trademark of CME Group Inc. The Globe Logo, CME, Globex and Chicago Mercantile Exchange are trademarks of Chicago Mercantile Exchange Inc. CBOT and the Chicago Board of Trade are trademarks of the Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile Exchange and ClearPort are registered trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. All other trademarks are the property of their respective owners. Further information about CME Group (NASDAQ: CME) and its products can be found at www.cmegroup.com.
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SOURCE CME Group
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