CME Group, (NASDAQ:CME) the world’s leading and most diverse derivatives marketplace, today announced it reached a trading volume record for its NYMEX Brent (BZ) crude oil futures contract on Tuesday, January 13, 2015. Trading volume for NYMEX Brent reached 206,088, compared to January 9, 2015, the last record day when volume reached 191,961 contracts.
5 year chart of oil, with the recent slide causing a spike in trading volume
This is the first time NYMEX Brent futures trading volume has surpassed 200,000 contracts in one day. Additionally, average daily volume for NYMEX Brent futures is at a record high of more than 152,000 for January-to-date compared to approximately 50,000 during the same period last year.
NYMEX Brent crude oil futures contracts are listed by and subject to the rules of the New York Mercantile Exchange.