CME Group Ultra 10-Year U.S. Treasury Futures Surpass One Million Total Contracts Traded Since January Launch
CHICAGO, Feb. 26, 2016 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that the Ultra 10-Year U.S. Treasury Note (TN) futures contract surpassed one million total contracts traded since its launch seven weeks ago on Jan. 11. This is also the first time in CME Group's nearly 170-year history that a new product hit the one-million contracts mark in such a short period of time. Other contracts that reached previous seven-week record highs include the Ultra U.S. Treasury Bond futures, which traded 523,000, and the E-mini Dow ($5) futures, which traded nearly 470,000.
"We are extremely pleased to see such strong interest and participation in our new Ultra 10-Year coming from a broad market segment of nearly 200 clients across the U.S., Asia and Europe," said Agha Mirza, CME Group Global Head of Interest Rate Products. "At CME Group, we continually strive to provide the marketplace with capital-efficient products and services to meet the risk management needs of our clients."
As of Feb. 25, more than 60 percent of TN open interest has already rolled into the June expiration. TN preliminary open interest as of Feb. 25 has grown steadily to more than 62,000 contracts. CME Group continues to see strong participation in the existing 10-Year T-Note Future (TY), with open interest in TY increasing by more than 630,000 contracts in the seven weeks following the listing of TN.
For more information on CME Group's Ultra 10-Year, please visit www.cmegroup.com/ultra10.
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. 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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