CME Group average daily volume hits 15mn contracts per day in September

UNITED STATES October 04 2016 4:51 PM

CHICAGO (Scrap Register): CME Group has announced that September 2016 average daily volume (ADV) reached 15 million contracts per day, up 6 percent from September 2015.

CME Group September 2016 options volume averaged 2.9 million contracts per day, up 9 percent versus September 2015, with electronic options averaging 1.7 million contracts per day, up 22 percent over the same period last year.

Third-quarter 2016 volume averaged 14.3 million contracts per day, flat compared with a strong third-quarter 2015. CME Group year-to-date 2016 ADV through September averaged 15.4 million contracts per day, up 8 percent.

Total open interest at the end of third-quarter 2016 was 103 million contracts, up 12 percent from year-end 2015. During the quarter, CME Group reached open interest approaching record levels, peaking at 111.2 million contracts on September 15, 2016.

Metals volume averaged 383,000 contracts per day in September 2016, up 30 percent from September 2015. Grew Gold futures and options ADV 34 percent to 225,000 contracts. Increased Silver futures and options ADV 58 percent to 68,000 contracts.

Interest rate volume averaged 6.5 million contracts per day in September 2016, up 5 percent from September 2015. Grew Fed Fund futures ADV 24 percent to 179,000 contracts per day and hit a new open interest high with more than 1.15 million contracts on September 30, 2016. 

Reached record quarterly electronic trading level for Treasury options at 73 percent in third-quarter 2016, up from 69 percent during the prior quarter, and achieved 25 percent growth in weekly Treasury options ADV. Achieved new high for Ultra 10-Year Futures, reaching ADV of 72,000 contracts in third-quarter 2016, up from 61,000 in second-quarter 2016.