CME Group Energy Complex Reaches All-Time Daily High of 4.5 Million Contracts
WTI Futures Surpass 2.5 Million Contracts for First Time
WTI Options Set New Record Trading Nearly 580,000 Contracts
CHICAGO, Dec. 1, 2016 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, experienced a record high in single-day Energy complex volume with 4,510,408 combined futures and options contracts traded on November 30, 2016, breaking the previous record of 3,932,201 contracts set on February 11, 2016.
CME Group offers the world's deepest and most-liquid crude oil futures and options to customers seeking to hedge volatile crude oil prices. WTI Light Sweet Crude Oil futures and options achieved multiple records yesterday surrounding OPEC's decision to cut crude oil production, further underscoring its connection to the global crude oil marketplace:
- WTI futures volume reached 2,530,530, surpassing the prior record of 1,861,909 set on November 9, 2016
- WTI futures open interest attained a record 2,074,018 contracts, exceeding the previous record of 2,070,055 contracts set on November 11, 2016
- WTI options volume achieved a record 579,935 contracts versus the previous record of 460,742 on November 29, 2016
- Reached record 374,989 WTI electronic options traded, beating the former record on 334,145 set one day earlier on November 29, 2016
CME Group's Energy contracts are listed by and subject to the rules of NYMEX.
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 and its trading facilities in New York and Chicago. CME Group also operates CME Clearing, one of the world's leading central counterparty clearing providers, which offers 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. KCBOT, KCBT and Kansas City Board of Trade are trademarks of The Board of Trade of Kansas City, Missouri, 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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