News Releases

CME Group Volume Averaged a Record 14 Million Contracts per Day in 2015, up 2 Percent from 2014, with Annual Average Daily Volume Records in Energy, Agricultural Commodities, Total Options and Electronic Options
- Fourth-quarter 2015 volume averaged 13.2 million contracts per day
- December 2015 volume averaged 13 million contracts per day
- Energy volume achieved double-digit growth in both fourth quarter and December

Jan 5, 2016

CHICAGO, Jan. 5, 2016 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that full-year 2015 volume averaged a record 13.9 million contracts per day, up 2 percent from 2014, and included year-over-year growth across five of six product lines.  Within energy, a record of nearly 2 million contracts per day was traded, up 21 percent; and agricultural commodities reached a record of 1.3 million contracts per day, up 13 percent.  Other 2015 records included overall options average daily volume of 2.7 million contracts, up 7 percent from 2014.  As part of that increase, electronic options volume also reached a new record of 1.4 million contracts, up 15 percent. 

Fourth-quarter 2015 volume averaged 13.2 million contracts per day, down 11 percent from fourth-quarter 2014, and included 13 percent growth in energy average daily volume, as well as 3 percent growth in agricultural commodities.

December 2015 volume averaged 13.0 million contracts per day, down 4 percent from December 2014.  Total volume during December 2015 was more than 286 million contracts, of which 87 percent was traded electronically.  Options volume in December averaged 2.7 million contracts per day, up 3 percent versus December 2014, with electronic options growing 4 percent over the same period.

CME Group interest rate volume averaged 5.7 million contracts per day in December 2015, down 14 percent compared with December 2014.  Treasury futures volume averaged 1.9 million contracts per day, down 15 percent from the same period a year ago.  Treasury options volume was down 20 percent at 465,000 contracts per day.  Eurodollar futures volume averaged 2.1 million contracts per day, down 28 percent compared with December 2014.  Eurodollar options volume averaged 1.1 million contracts per day, up 30 percent in December, with 22 percent of Eurodollar options volume traded electronically.

CME Group equity index volume in December 2015 averaged 3.1 million contracts per day, up 1 percent from December 2014.  CME Group foreign exchange volume averaged 884,000 contracts per day, down 8 percent from the same period a year ago.  The average daily notional value of FX contracts traded in December was $90 billion

CME Group energy volume averaged 2.1 million contracts per day in December 2015, up 20 percent from December 2014.  CME Group agricultural commodities volume averaged 1 million contracts per day, up 9 percent compared with the prior-year period.  CME Group metals volume averaged 264,000 contracts per day, down 10 percent compared with the prior December.

In December 2015, CME Group cleared $157 billion in average daily notional value of over-the-counter (OTC) interest rate swaps.  Month-end OTC interest rate swap open interest was $19.1 trillion, which represents 54 percent of clients' total cleared OTC interest rate swap open interest.  Average daily trade count for the month was 985.

MONTHLY AVERAGE DAILY VOLUME (ADV)

       

Total Exchange ADV

( in thousands)

 
 

Dec 2015

Dec 2014

 

Trading Days

22

22

 
       

PRODUCT LINE

Dec 2015

Dec 2014

Percent Change

Interest Rates

5,692

6,625

-14%

Equity Indexes

3,110

3,083

1%

Foreign Exchange (FX)

884

957

-8%

Energy

2,055

1,719

20%

Agricultural Commodities

1,033

945

9%

Metals

264

293

-10%

     Total

13,039

13,623

-4%

           

VENUE

Dec 2015

Dec 2014

Percent Change

Open outcry

1,054

1,133

-7%

CME Globex

11,312

11,882

-5%

Privately negotiated

672

607

11%

           

 

QUARTERLY AVERAGE DAILY VOLUME (ADV)

       

Total Exchange ADV

( in thousands)

 
 

Q4 2015

Q4 2014

 

Trading Days

64

64

 
       

PRODUCT LINE

Q4 2015

Q4 2014

Percent Change

Interest Rates

6,097

7,445

-18%

Equity Indexes

2,743

3,117

-12%

Foreign Exchange (FX)

779

959

-19%

Energy

2,032

1,797

13%

Agricultural Commodities

1,200

1,169

3%

Metals

326

361

-10%

     Total

13,178

14,848

-11%

       

VENUE

Q4 2015

Q4 2014

Percent Change

Open outcry

1,055

1,218

-13%

CME Globex

11,420

12,982

-12%

Privately negotiated

704

648

9%

       

Note:  The resized electricity futures contracts, which currently have an average rate per contract of approximately 5 cents, averaged 66,000 contracts in fourth-quarter 2015, or 3.9 percent of total energy products ADV.  This compares to ADV of 80,500 contracts in third-quarter 2015, or 4.6 percent of total energy products ADV.

 

ANNUAL AVERAGE DAILY VOLUME (ADV)

       

Total Exchange ADV

( in thousands)

 
 

2015

2014

 

Trading Days

253

252

 
       

PRODUCT LINE

2015

2014

Percent Change

Interest Rates

6,720

7,009

-4%

Equity Indexes

2,792

2,767

1%

Foreign Exchange (FX)

872

803

9%

Energy

1,970

1,630

21%

Agricultural Commodities

1,265

1,117

13%

Metals

344

337

2%

     Total

13,963

13,663

2%

       

VENUE

2015

2014

Percent Change

Open outcry

1,139

1,176

-3%

CME Globex

12,185

11,805

3%

Privately negotiated

639

682

-6%

 

ROLLING THREE-MONTH AVERAGES

 

Average Daily Volume (In thousands) 

   
 

3-Month Period Ending

PRODUCT LINE

Dec-15

Nov-15

Oct-15

Sep-15

Interest Rates

6,097

6,272

6,614

6,658

Equity Indexes

2,743

2,922

3,348

3,287

Foreign Exchange (FX)

779

799

856

855

Energy

2,032

1,996

2,044

1,965

Agricultural Commodities

1,200

1,211

1,195

1,267

Metals

326

337

326

353

     Total

13,178

13,538

14,383

14,384

         

VENUE

Dec-15

Nov-15

Oct-15

Sep-15

Open outcry

1,055

1,055

1,078

1,110

Electronic

11,420

11,749

12,586

12,620

Privately negotiated

704

734

719

653

 

Average Rate Per Contract (In dollars)

   
 

3-Month Period Ending

PRODUCT LINE

Nov-15

Oct-15

Sept-15

Aug-15

Interest Rates

0.514

0.509

0.506

0.501

Equity Indexes

0.723

0.718

0.708

0.705

Foreign Exchange (FX)

0.799

0.783

0.785

0.798

Energy

1.186

1.194

1.197

1.236

Agricultural Commodities

1.320

1.302

1.290

1.294

Metals

1.641

1.615

1.600

1.606

     Total

0.775

0.762

0.759

0.766

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, its trading facilities in New York and Chicago, and through its London-based CME Europe derivatives exchange.  CME Group also operates one of the world's leading central counterparty clearing providers through CME Clearing and CME Clearing Europe, which offer 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.  KCBOT, KCBT and Kansas City Board of Trade are trademarks of The Board of Trade of Kansas City, Missouri, 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

For further information: Media Contacts, Michael Shore, 312.930.2363, Chris Grams, 312.930.3435, news@cmegroup.com, www.cmegroup.mediaroom.com, or Investor Contact, John Peschier, 312.930.8491


Print Email RSS
print email rss

Sign up for News Releases by Email

Featured Videos
| All Videos 
John Farley, a Portfolio Manager at Emil van Essen, discusses the bene
CME Group's Tim Andriesen and 4-H leaders and interns discuss Commodit
Chief Economist, Blu Putnam discusses the effect another El Niño coul

Search Media Room