CME Group Volume Averaged 10.3 Million Contracts per Day in August 2012

News provided by

Sep 05, 2012, 07:30 ET

CHICAGO, Sept. 5, 2012 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that August 2012 volume averaged 10.3 million contracts per day, down 40 percent from an all-time record in August 2011 that was driven by extremely high market turbulence that month. Total volume for August 2012 was more than 237 million contracts, of which 86 percent was traded electronically.

In August 2012, CME Group interest rate volume averaged 4.7 million contracts per day, down 41 percent from August 2011, but up 21 percent sequentially. Treasury futures volume averaged 2.4 million contracts per day, while Treasury options volume averaged 348,000 contracts per day. Eurodollar futures volume averaged 1.5 million contracts per day, while Eurodollar options volume averaged 414,000 contracts per day.

CME Group equity index volume in August 2012 averaged 2.0 million contracts per day, down 58 percent from the same period last year. CME Group foreign exchange (FX) volume averaged 731,000 contracts per day, down 26 percent from August 2011.

CME Group energy volume averaged 1.6 million contracts per day in August 2012, down 15 percent compared with the same period in 2011, but up 2 percent sequentially. CME Group metals volume averaged 290,000 contracts per day, down 44 percent from the same period last year. CME Group agricultural commodities volume in August averaged 1.0 million contracts per day, up 2 percent compared with the prior-year period.

Electronic volume averaged 8.8 million contracts per day in August 2012, down 39 percent compared with August 2011. Privately negotiated volume decreased 40 percent to 185,000 contracts per day from the prior August. Average daily volume cleared through CME ClearPort was 373,000 contracts in August 2012, down 23 percent compared with August 2011. Open outcry volume averaged 913,000 contracts per day, down 52 percent versus the prior-year period.

MONTHLY AVERAGE DAILY VOLUME (ADV)

Total Exchange ADV ( in thousands)

	Aug 2012	Aug 2011
Trading Days	23	23

PRODUCT LINE	Aug 2012	Aug 2011	Percent Change
Interest Rates	4,700	7,979	-41%
Equity Indexes	1,981	4,725	-58%
Foreign Exchange (FX)	731	991	-26%
Energy (including CME ClearPort)	1,570	1,851	-15%
Agricultural Commodities	1,047	1,027	2%
Metals (including CME ClearPort)	290	522	-44%
Total	10,320	17,095	-40%

VENUE	Aug 2012	Aug 2011	Percent Change
Open outcry	913	1,884	-52%
CME Globex	8,850	14,420	-39%
Privately negotiated	185	306	-40%
CME ClearPort (OTC)	373	484	-23%

ROLLING THREE-MONTH AVERAGES

Average Daily Volume (In thousands)

	3-Month Period Ending
PRODUCT LINE	Aug-12	Jul-12	Jun-12	May-12
Interest Rates	4,553	4,984	5,136	5,333
Equity Indexes	2,621	2,963	2,919	2,674
Foreign Exchange (FX)	858	934	920	882
Energy	1,631	1,716	1,741	1,715
Agricultural Commodities	1,272	1,319	1,288	1,194
Metals	330	370	372	377
Total	11,266	12,286	12,376	12,174

VENUE	Aug-12	Jul-12	Jun-12	May-12
Open outcry	1,027	1,136	1,109	1,179
Electronic	9,654	10,512	10,595	10,307
Privately negotiated	217	231	238	232
CME ClearPort (OTC)	368	408	434	456

Average Rate Per Contract (In dollars)

	3-Month Period Ending
PRODUCT LINE	Jul-12	Jun-12	May-12	Apr-12
Interest Rates	0.477	0.485	0.486	0.484
Equity Indexes	0.670	0.674	0.687	0.691
Foreign Exchange (FX)	0.790	0.807	0.821	0.835
Energy	1.477	1.496	1.502	1.507
Agricultural Commodities	1.282	1.264	1.247	1.232
Metals	1.644	1.649	1.649	1.648
Total	0.809	0.812	0.808	0.817

VENUE	Jul-12	Jun-12	May-12	Apr-12
Exchange-Traded	0.747	0.750	0.747	0.749
CME ClearPort (OTC)	2.606	2.510	2.394	2.381

Average daily volume and rate per contract figures from 2008 have been revised due to standardizing NYMEX reporting conventions to follow CME's treatment of post-trade transactions such as exercises, assignments and deliveries.

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. 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.

CME-G

SOURCE CME Group