CME Europe trading exceeds 1,000,000 lots for the first time since launch

Published: Dec 14, 2015 13:43

Save

CME Group has announced that one million contracts have now been traded on its London-based derivatives exchange, CME Europe.

UNITED KINGDOM December 14 2015 9:45 AM

LONDON (Scrap Register): CME Group has announced that one million contracts have now been traded on its London-based derivatives exchange, CME Europe. CME Europe launched in April 2014, and the total volume of contracts traded since launch stood at 1,002,497 as of 10 December 2015.

CME Europe's growth has been broadly driven across its product range in FX, energy and agricultural commodities futures contracts. This includes the award winning, euro-denominated, physically delivered cocoa futures contract launched in May 2015.

“CME Europe has established itself in the European market, and our commitment to providing customers with choice and best-in-class processes for clearing, margining and pricing is resonating with a wide range of market users,” said Cees Vermaas, CEO of CME Europe.

“This milestone is an important one for our growth overall, and we remain committed to serving the risk management needs of market participants in Europe,” Vermaas added.

CME Group

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 min ago

China's sulphuric acid weekly decline narrowed significantly, with Shanxi falling by a further 330 yuan/mt [SMM Sulphuric Acid Weekly Review]

China's sulphuric acid weekly decline narrowed significantly, with Shanxi falling by 330 yuan/mt [SMM Sulphuric Acid Weekly Review]

1 min ago

30 mins ago

Copper brass bar operating rate is expected to continue rising next week

[SMM Brass Bar Flash] Looking ahead to next week (9.18-9.24), with the dual-holiday period approaching, pre-holiday stockpiling demand still has room to be released, and coupled with sustained production enthusiasm among enterprises, SMM expects the operating rate of copper rod enterprises to continue rising by 1.03 percentage points to 49.77%.

30 mins ago

32 mins ago

Secondary brass raw materials tight, brass Bar enterprises' raw material inventories low

[SMM Brass Bar Flash] According to SMM, on the raw material side, the supply of secondary brass remains tight, raw material prices stay high, and enterprises continue to face thin processing margins. This week, days of raw material inventories at sampled brass rod enterprises stood at 3.56 days, still at a low level, with enterprises mainly purchasing as needed.

32 mins ago