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CME Group Reaches Second-Highest Monthly Volume Ever, Averaging 23.9 Million Contracts Per Day in May 2019 | KRVN Radio

CME Group Reaches Second-Highest Monthly Volume Ever, Averaging 23.9 Million Contracts Per Day in May 2019

CME Group Reaches Second-Highest Monthly Volume Ever, Averaging 23.9 Million Contracts Per Day in May 2019
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CME Group, the world’s leading and most diverse derivatives marketplace, reached average daily volume (ADV) of 23.9 million contracts during May 2019, up 19% from May 2018. Open interest (OI) at the end of May was 143 million contracts, up 24% from year-end 2018 and up 14% from May 2018. OI reached a record 143.5 million contracts on May 23, 2019.

Equity Index volume averaged 4.2 million contracts per day in May 2019, up 61% from May 2018. Highlights include:

  • Micro E-mini equity index futures, launched May 6, averaged 489,000 contracts per day in May, and traded nearly 9.3 million contracts in total volume – the most successful product launch ever at CME Group
  • Record Bitcoin futures ADV, up 246% to 13,600 contracts
  • E-mini S&P 500 futures and options ADV increased 44% to 2.7 million contracts
  • E-mini Nasdaq-100 futures and options ADV grew 66% to 594,000 contracts
  • Mini $5 Dow futures and options ADV increased 33% to 268,000 contracts
  • E-mini Russell 2000 futures and options ADV rose 45% to 149,000 contracts
  • Nikkei 225 (yen) futures ADV grew 39% to 45,000 contracts

Options volume averaged 5 million contracts per day in May 2019, up 40% from May 2018, and reached its second-highest monthly ADV ever. Highlights include:

  • Record overall daily options volume of 10 million contracts set May 31
  • Record 7.7 million Interest Rate options contracts traded on May 31, with a record 3.9 million traded electronically
  • Record Eurodollar options volume of 5.2 million contracts and OI of 64.4 million contracts on May 31
  • Record Agricultural options ADV, up 50% to 453,000 contracts
  • Interest Rate options ADV grew 49% to 3.4 million contracts
  • Equity Index options ADV increased 39% to 808,000 contracts
  • Metals options ADV rose 9% to 59,000 contracts

Agricultural volume averaged 1.9 million contracts per day in May 2019, up 31% from May 2018. Highlights include all-time record volume of 3.2 million contracts set May 31 and:

  • Record Corn futures and options ADV, up 78% to 861,000 contracts
  • Grain and Oilseeds futures and options ADV increased 34% to 1.7 million contracts
  • Soybean futures and options ADV rose 9% to 321,000 contracts
  • Livestock futures and options ADV grew 15% to 191,000 contracts
  • Hard Red Winter Wheat futures and options ADV increased 19% to 69,000 contracts

Interest Rate volume averaged 13.8 million contracts per day in May 2019, up 19% from May 2018, and reached its second-highest monthly ADV ever. Highlights include:

  • Record Ultra Treasury Bond futures OI of 1.3 million contracts on May 29
  • Record 2-Year U.S. Treasury Note futures ADV, up 43% to 1.2 million contracts
  • Record Ultra 10-Year Treasury Note futures ADV, up 27% to 327,000 contracts
  • Record 5-Year U.S. Treasury Note options ADV, up 48% to 235,000 contracts
  • Record SOFR futures OI of 168,000 contracts on May 31
  • Record SOFR futures ADV of 32,000 contracts, up 41% from the prior month
  • U.S. Treasury futures and options ADV increased 14% to 7.9 million contracts
  • Eurodollar futures and options ADV grew 26% to 5.5 million contracts
  • Fed Fund futures ADV rose 30% to 431,000 contracts
  • Weekly Treasury options ADV increased 102% to 286,000 contracts
  • Ultra 10-Year U.S. Treasury Note futures and options ADV grew 27% to 327,000 contracts
  • Ultra U.S. Treasury Bond futures and options ADV increased 17% to 314,000 contracts

Energy volume averaged 2.5 million contracts per day in May 2019, down 6% from May 2018. Highlights include:

  • Record Brent Crude Oil futures OI of 257,000 contracts on May 29
  • Gasoline futures and options ADV increased 5% to 224,000 contracts
  • Brent Crude Oil futures ADV rose 45% to 146,000 contracts

Metals volume averaged 582,000 contracts per day in May 2019, down 14% from May 2018. Highlights include:

  • Gold options ADV increased 10% to 51,000 contracts
  • Platinum futures and options ADV grew 6% to 19,000 contracts
  • Copper options ADV rose 141% to 2,300 contracts
  • Ferrous futures and options ADV increased 120% to 1,600 contracts

Foreign Exchange volume averaged 822,000 contracts per day in May 2019, down 25% from April 2018. Highlights include:

  • Japanese yen futures ADV rose 6% to 12,500 contracts
  • Brazilian real futures and options ADV increased 8% to 8,500 contracts

BrokerTec fixed income trading activity highlights include:

  • European Repo average daily notional value increased 10% to €286 billion
  • U.S. Repo average daily notional value increased 15% to $263 billion

Footnote: To see CME Group daily over-the-counter (OTC) notional cleared volumes and open interest, monthly OTC notional cleared volumes and monthly total trade count, go to http://www.cmegroup.com/education/cme-volume-oi-records.html

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