CME Group Hits Daily Trading Volume Record of More Than 66 Million Contracts
- Record Interest Rate and Equity Index volume
- Record SOFR futures volume
- Record 30 Day Fed Funds futures volume
CHICAGO, March 14, 2023 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today reported its highest daily volume on record, with 66,250,862 contracts traded on March 13. This follows the company's fourth highest daily volume on March 10, when 56,433,765 contracts traded.
"Given the extreme volatility in today's environment, exacerbated by the recent failures of Silicon Valley Bank and Signature Bank, we are seeing a flight to futures as participants turn to our deeply liquid markets," said CME Group Chairman and Chief Executive Officer Terry Duffy. "The importance of risk management cannot be overstated. Our futures and options on futures products are doing what they were designed to do, as investors seek to protect their portfolios amid heightened volatility."
The company also reached the following daily records across its Interest Rate and Equity Index complexes on March 13:
- Record Interest Rate futures and options volume of 41,904,908 contracts
- Record SOFR futures volume of 15,548,464 contracts
- Record SOFR options volume of 5,974,351 contracts
- Record 30 Day Fed Funds futures volume of 2,258,410 contracts
- Record Equity Index futures and options volume of 17,805,973 contracts
- Record Micro E-Mini S&P 500 futures volume of 2,895,971 contracts
- Record E-Mini Russell 2000 futures volume of 1,053,544 contracts
- Record Micro E-Mini Dow Jones futures of 607,411 contracts
About CME Group
As the world's leading 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.
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 and EBS are trademarks of BrokerTec Europe LTD and EBS Group LTD, respectively. The S&P 500 Index is a product of S&P Dow Jones Indices LLC ("S&P DJI"). "S&P®", "S&P 500®", "SPY®", "SPX®", US 500 and The 500 are trademarks of Standard & Poor's Financial Services LLC; Dow Jones®, DJIA® and Dow Jones Industrial Average are service and/or trademarks of Dow Jones Trademark Holdings LLC. These trademarks have been licensed for use by Chicago Mercantile Exchange Inc. Futures contracts based on the S&P 500 Index are not sponsored, endorsed, marketed, or promoted by S&P DJI, and S&P DJI makes no representation regarding the advisability of investing in such products. All other trademarks are the property of their respective owners.
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SOURCE CME Group
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