Industry Updates

Derivatives marketplace CME's volume averaged 12.7 million contracts per day in July 2011, up 17% from July 2010

Tuesday, August 02, 2011

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Opalesque Industry Update - 37% increase in July interest rate volume
- Double-digit monthly year-over-year growth in interest rates, agricultural commodities and metals volumes

CME Group, the world's leading and most diverse derivatives marketplace, today announced July volume averaged 12.7 million contracts per day, up 17 percent from July 2010. Total volume for July was 253 million contracts, of which 85 percent was traded electronically. July 2011 month-end open interest reached 97 million contracts, up 8 percent from the same period last year.

In July 2011, CME Group interest rate volume averaged 6.1 million contracts per day, up 37 percent compared with July 2010. Treasury futures volume averaged 2.6 million contracts per day, up 29 percent compared with same period a year ago. Treasury options volume averaged 342,000 contracts per day, up 46 percent from July 2010. Eurodollar futures volume averaged 2.3 million contracts per day, up 52 percent versus prior June, and Eurodollar options volume averaged 781,000 contracts per day, up 19 percent, and included a monthly record for 2-Year Eurodollar Mid-curve options, surpassing last month's record by 25 percent.

CME Group equity index volume averaged 2.9 million contracts per day, up 1 percent from July 2010, and included record July volume for the End of Month E-mini S&P options product. CME Group foreign exchange (FX) volume averaged 885,000 contracts per day, up 6 percent compared with the same period a year ago, reflecting average daily notional value of $125 billion.

CME Group energy volume averaged 1.4 million contracts per day, down 4 percent compared with July 2010. CME Group agricultural commodities volume averaged 955,000 contracts per day, up 11 percent compared with the prior July. CME Group metals volume averaged 377,000 contracts per day, up 26 percent compared with the same period last year, and up 16 percent sequentially.

Electronic volume averaged 10.8 million contracts per day in July 2011, up 19 percent from July 2010, while privately negotiated volume increased 43 percent to 219,000 contracts per day. Average daily volume cleared through CME ClearPort was 350,000 contracts, down 24 percent compared with July 2010. Open outcry volume averaged 1.3 million contracts per day, up 10 percent versus the prior July.

Full press release including ADV tables: Source

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 for exchange-traded contracts, as well as for over-the-counter derivatives transactions through CME ClearPort®. These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk in both listed and over-the-counter derivatives markets.

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