Mon, Dec 18, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

U.S: futures and options volume fell 13.2% in 2012

Thursday, January 17, 2013
Opalesque Industry Update: The number of futures and options traded on U.S. exchanges fell 13.2% in 2012 to 7.0 billion contracts from 8.1 billion in 2011, according to statistics compiled by the Futures Industry Association.

For the month of December, total U.S. futures and options volume fell 2.8% to 517.5 million contracts from 532.2 million contracts during the same period a year ago.

Futures-only volume during 2012 fell by 15.1% to 2.6 billion contracts from 3.1 billion. Options volume at U.S. exchanges regulated by the Commodity Futures Trading Commission in 2012 fell by 10.1% to 449 million contracts from 499.6 million, while options volume at exchanges regulated by the Securities and Exchange Commission fell by 12.3% to 4.0 billion contracts from 4.6 billion.

By sector, interest rate futures volume fell 21.1% in 2012, energy futures volume fell 4.1%, foreign currency futures volume fell 9.0%, and equity index futures volume fell 20.0%. Agricultural commodities and non-precious metals were the only sectors that saw gains in both futures and options volume during the year. Agricultural commodities futures volume in 2012 rose 5.6% and options volume rose 3.7%. Non-precious metals futures volume rose 29.2% and options volume surged 137.3%.

Open interest, which represents the number of contracts outstanding at any one moment in time, stood at 337.7 million contracts on U.S. exchanges at the end of December, a 10.1% decrease from 375.8 million at the end of December 2011.

November data for non-U.S. futures and options volume, the most recent available, showed a decline of 24.4% to 1.1 billion contracts from 1.4 billion contracts. For the first 11 months of 2012, total non-U.S. futures and options volume fell by 17.3% to 13.0 billion contracts from 15.7 billion contracts. During that period, non-U.S. futures-only volume fell 9.3% to 7.7 billion contracts from 8.5 billion while options volume fell 26.6% to 5.3 billion contracts from 7.2 billion.

FIA collects volume and open interest data from 76 derivatives exchanges on a monthly basis. The data are provided by the exchanges on a voluntary basis and are subject to revision by the exchanges. FIA does not audit the exchanges and does not guarantee that the data are accurate.

The volume data represent the number of contracts traded on a round-trip basis to avoid double-counting. The open interest data represent the number of positions outstanding at the end of the month. Some exchanges provide facilities for off-exchange transactions to be processed and cleared. FIA data includes these types of transactions when reported to the FIA by the exchanges.

Futures Industry Association

Press Release

BM

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Mediobanca acquires majority stakes in Swiss hedge fund[more]

    Komfie Manalo, Opalesque Asia: Listed diversified banking group Mediobanca SpA said it has acquired a majority stake in Geneva-based hedge fund firm RAM Active Investments SA (RAM AI), an active and alternative asset manager offering a range of act

  2. North America - Miami could attract hedge funds if SALT deductions axed[more]

    From Law360.com: For years, inertia has been Nitin Motwani's greatest foe in his attempts to lure hedge fund owners in the northeast to Miami, which he has pitched as a tropical low-tax paradise. But with the Republican tax bill proposing to eliminate deductions for state and local taxes, he's sensi

  3. Northleaf Capital Partners closes debut private credit fund on $670M[more]

    Bailey McCann, Opalesque New York: Northleaf Capital Partners has closed its debut private credit fund - Northleaf Private Credit I - on $670 million. The vehicle will invest in private credit transactions in Europe and North America, with a primary focus on lending to private equity-backed compa

  4. ...And Finally - The ongoing gun saga in the U.S.[more]

    From Newsoftheweird.com: As elder members of the First United Methodist Church in Tellico Plains, Tennessee, gathered on Nov. 16 to discuss the recent church shooting in Sutherland Springs, Texas, one of those present asked if anyone had brought a gun to church. One man spoke up and said he c

  5. Opalesque Exclusive: Credit Suisse Asset Management's NEXT Investors leads $6M Series A round for LUX Technology and Services[more]

    Bailey McCann, Opalesque New York: Credit Suisse Asset Management's NEXT Investors has led a $6 million Series A funding round for LUX Technology and Services, a business and technology solutions provider for the alternative assets industry. The investment will be used to fuel growth of Trans