CME Group reports a record first-quarter Metals ADV of 512,000 contracts

CHICAGO (Scrap Register): CME Group has reported that March 2017 average daily volume (ADV) reached 16.9 million contracts, up 18 percent from a March 2016.
CME Group March 2017 options volume averaged 4 million contracts per day, up 47 percent versus March 2016, with electronic options averaging 2.3 million contracts per day, up 52 percent over the same period last year. 
Open interest at the end of March was 114 million contracts, up 8 percent from the end of March 2016. Interest Rate volume averaged 8.7 million contracts per day in March 2017, up 36 percent from March 2016.
CME Group Metals volume averaged 491,000 contracts per day in March 2017, up 5 percent from March 2016. Reached record first-quarter Metals ADV of 512,000 contracts, up 13 percent. Achieved 24 percent year-over-year growth for base metals in the first quarter, led by Copper futures, which averaged nearly 95,000 contracts per day, up 23 percent, during the same period.
Achieved 14 Copper futures open interest records during the first quarter, including surpassing 300,000 contracts on February 13, 2017. Increased March 2017 Platinum futures and options ADV and Silver futures and options ADV 19 percent and 17 percent, respectively.