Thu, May 5, 2016
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. Hedge funds see $14.3bn outflows in Q1, CTAs and multi-strategy lead net inflows[more]

    Komfie Manalo, Opalesque Asia: The hedge fund industry saw net outflows of investor capital in the first quarter of the year, totaling $14.3bn, data from Preqin showed. This continues from the $8.9bn overall net outflows that funds recorded in Q4

  2. Third Point calls Q1 "catastrophic" for hedge funds[more]

    Bailey McCann, Opalesque New York: The first quarter of this year was rocky for hedge funds based on aggregate performance from the industry, but now we are beginning to hear what the managers thought of it as quarterly letters make their way to investors. Dan Loeb, CEO of New York-based $17 bill

  3. Asia - Stabilization of China's capital outflows may hinge on Janet Yellen, Fink says China to do well this year as bubble threat postponed, Chinese hedge fund to invest in India’s infrastructure[more]

    Stabilization of China's capital outflows may hinge on Janet Yellen From Bloomberg.com: Whether China’s recent stabilization of its currency and capital outflows continues -- or downside pressure reignites -- may hinge in large part on Janet Yellen. If the Federal Reserve chair sticks to

  4. …And Finally - After all, judges are human too[more]

    From Newsoftheweird.com: In March, one District of Columbia government administrative law judge was charged with misdemeanor assault on another. Judge Sharon Goodie said she wanted to give Judge Joan Davenport some files, but Davenport, in her office, would not answer the door. Goodie said once the

  5. Comment - Unmasking the men behind Zero Hedge, Wall Street's renegade blog[more]

    From Bloomberg.com: Colin Lokey, also known as "Tyler Durden," is breaking the first rule of Fight Club: You do not talk about Fight Club. He’s also breaking the second rule of Fight Club. (See the first rule.) After more than a year writing for the financial website Zero Hedge under the n