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CME Group Volume Averaged 12.1 Million Contracts Per Day in April 2011, Up 2 Percent

May 3, 2011

CHICAGO, May 3, 2011 /PRNewswire/ --

  • Agricultural commodities average daily volume up 44 percent
  • Metals average daily volume up 63 percent
  • Double-digit year-over-year open interest growth in equity indexes, agricultural commodities and metals products
  • Double-digit open interest growth from same period last quarter in interest rates, foreign exchange and metals products

CME Group, the world's leading and most diverse derivatives marketplace, today announced April volume averaged 12.1 million contracts per day, up 2 percent from April 2010.  Total volume for April was 243 million contracts, of which 83 percent was traded electronically.  April 2011 month-end open interest reached 96 million contracts, up 5 percent from both the same period last year and the same period last quarter.  

In April 2011, CME Group interest rate volume averaged 5.7 million contracts per day, up 2 percent compared with the prior April.  Treasury futures volume averaged 2.2 million contracts per day, up 7 percent compared with the same period in 2010, and Treasury options volume averaged 292,000 contracts per day, up 10 percent.  Eurodollar futures volume averaged 2.5 million contracts per day, up 5 percent versus April 2010, and Eurodollar options volume averaged 721,000 contracts per day, down 14 percent.

CME Group equity index volume averaged 2.2 million contracts per day, down 14 percent from April 2010.  CME Group foreign exchange (FX) volume averaged 796,000 contracts per day, down 5 percent compared with the same period a year ago, reflecting average daily notional value of $111 billion.

CME Group energy volume averaged 1.7 million contracts per day, down 4 percent compared with April 2010.  CME Group agricultural commodities volume averaged 1.3 million contracts per day, up 44 percent compared with the prior April, and up 16 percent sequentially.  CME Group metals volume averaged 424,000 contracts per day, up 63 percent compared with the same period last year, and up 16 percent compared with March 2011.

Electronic volume averaged 10.1 million contracts per day in April 2011, up 2 percent from the prior April, while privately negotiated volume increased 38 percent, to 237,000 contracts per day.  Average daily volume cleared through CME ClearPort was 444,000 contracts, up 14 percent compared with April 2010.  Open outcry volume averaged 1.3 million contracts per day, down 5 percent versus the prior April.



MONTHLY AVERAGE DAILY VOLUME (ADV)





Total Exchange ADV

( in thousands)



Apr 2011

Apr 2010


Trading Days

20

22






PRODUCT LINE

Apr 2011

Apr 2010

  Percent Change

Interest Rates

 5,734

5,605

   2%

Equity Index

 2,224

2,590

            -14%

FX

   796

   842

  -5%

Energy (including CME ClearPort)

 1,679

1,748

  -4%

Agricultural Commodities

 1,284

   894

  44%

Metals (including CME ClearPort)

   424

   260

              63%

    Total

12,143

11,939

   2%





VENUE

     Apr 2011

    Apr 2010

Percent Change

Open outcry

         1,337

        1,409

          -5%

CME Globex

       10,125

        9,970

           2%

Privately negotiated

            237

           172

         38%

CME ClearPort (OTC)

            444

           388

         14%




ROLLING THREE-MONTH AVERAGES


Average Daily Volume (In thousands)



3-Month Period Ending

PRODUCT LINE

Apr-11

Mar-11

Feb-11

Jan-11

Interest Rates

6,560

6,424

5,851

5,767

Equity Index

2,800

2,906

2,407

2,510

FX

  915

  961

  891

  903

Energy

1,866

1,973

1,846

1,674

Agricultural Commodities

1,228

1,154

1,057

1,048

Metals

  380

  376

342

391

    Total

13,750

13,794

12,394

12,293






VENUE

Apr-11

Mar-11

Feb-11

Jan-11

Open outcry

         1,491

         1,467

1,380

1,393

Electronic

       11,523

       11,605

10,356

10,283

Privately negotiated

            241

            224

 210

 214

CME ClearPort (OTC)

            494

            498

 447

 402




Average Rate Per Contract (In dollars)



3-Month Period Ending

PRODUCT LINE

Mar-11

Feb-11

Jan-11

Dec-10

Interest Rates

0.481

0.485

0.491

0.496

Equity Index

0.705

0.711

0.707

0.702

FX

0.823

0.820

0.811

0.804

Energy

1.573

1.608

1.637

1.631

Agricultural Commodities

1.271

1.257

1.223

1.219

Metals

1.732

1.706

1.716

1.708

    Total

0.808

0.820

0.816

0.813






VENUE

Mar-11

Feb-11

Jan-11

Dec-10

Exchange-Traded

0.740

0.748

0.748

0.748

CME ClearPort (OTC)

2.630

2.735

2.826

2.704




Average daily volume and rate per contract figures from 2008 have been revised due to standardizing NYMEX reporting conventions to follow CME's treatment of post-trade transactions such as exercises, assignments and deliveries.

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.

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. All other trademarks are the property of their respective owners.

CME-G

SOURCE CME Group