CME Group back in the game with a 8.9% MoM FX volumes jump in September

International derivatives marketplace CME Group Inc (NASDAQ:CME) has announced that September 2016 average daily volume (ADV) reached 15 million contracts per day, up 6% from September 2015 and greater rise since last several months. Vacation time is over, the return of volatility to markets helped CME Group to step on solid ground with a jump of 8.9% MoM from 13.8 million contracts per day in August 2016.

Metals volume averaged 383,000 contracts per day in September 2016, up 30 percent from September 2015. Highlights include:

  • Grew Gold futures and options ADV 34 percent to 225,000 contracts
  • Increased Silver futures and options ADV 58 percent to 68,000 contracts

Energy volume averaged 2.4 million contracts per day in September 2016, up 25 percent from September 2015. Highlights include:

  • Achieved 31 percent growth in ADV across Natural Gas futures and options products, driven primarily by electronic Natural Gas futures and options ADV of 405,000 contracts, up 44 percent
  • Increased Natural Gas options ADV 40 percent to 105,000 contracts
  • Grew WTI Crude Oil futures ADV 46 percent to 1.2 million contracts
  • Achieved record electronic trading levels of WTI options, hitting 80 percent electronic, and September 2016 electronic WTI options ADV of 146,000 contracts grew 37 percent compared with September 2015
  • Reached record RBOB ADV of 223,000 contracts, up 58 percent from September 2015

Interest rate volume averaged 6.5 million contracts per day in September 2016, up 5 percent from September 2015. Highlights include:

  • 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

Equity index volume averaged 3.8 million contracts per day in September 2016, up 3 percent from September 2015. Highlights include:

  • Grew E-mini S&P 500 end-of-month options ADV 128 percent to a record 117,000 contracts and E-mini S&P 500 weekly options ADV 99 percent to 358,000 contracts
  • Achieved record monthly volume for E-mini Nasdaq-100 end-of-month options of 51,000 contracts
  • Record quarterly participation in CME Group’s BTIC functionality with over 343,000 contracts traded

Foreign exchange volume averaged 969,000 contracts per day in September 2016, up 2 percent from September 2015. Highlights include:

  • Grew British Pound futures and options ADV 18 percent to 130,000 contracts
  • Increased ADV of Emerging Market currency pairs futures and options, with Russian Ruble up 179 percent, Mexican Peso up 51 percent and Brazilian Real up 31 percent

Agricultural volume averaged 964,000 contracts per day in September 2016, down 9 percent from September 2015. Highlights include:

  • Grew Hard Red Winter Wheat futures and options ADV 30 percent and 21 percent respectively

MONTHLY AVERAGE DAILY VOLUME (ADV)

Total Exchange ADV

(in thousands)

Sep 2016

Sep 2015

Trading Days

21

21

PRODUCT LINE

Sep 2016

Sep 2015

Percent Change

Interest Rates

6,508

6,196

5%

Equity Indexes

3,761

3,664

3%

Foreign Exchange (FX)

969

947

2%

Energy

2,440

1,948

25%

Agricultural Commodities

964

1,060

-9%

Metals

383

295

30%

   Total

15,025

14,110

6%

VENUE

Sep 2016

Sep 2015

Percent Change

Open outcry

942

1,054

-11%

CME Globex

13,424

12,296

9%

Privately negotiated

659

760

-13%

QUARTERLY AVERAGE DAILY VOLUME (ADV)

Total Exchange ADV

(in thousands)

Q3 2016

Q3 2015

Trading Days

64

64

PRODUCT LINE

Q3 2016

Q3 2015

Percent Change

Interest Rates

6,791

6,658

2%

Equity Indexes

2,876

3,287

-12%

Foreign Exchange (FX)

772

855

-10%

Energy

2,294

1,965

17%

Agricultural Commodities

1,156

1,267

-9%

Metals

431

353

22%

     Total

14,319

14,384

0%

VENUE

  Q3 2016

Q3 2015

Percent Change

Open outcry

982

1,110

-12%

CME Globex

12,672

12,620

0%

Privately negotiated

665

653

2%

ROLLING THREE-MONTH AVERAGES

Average Daily Volume (In thousands) 

3-Month Period Ending

PRODUCT LINE

Sep-16

Aug-16

Jul-16

Jun-16

Interest Rates

6,791

7,062

7,197

6,776

Equity Indexes

2,876

2,816

2,920

2,957

Foreign Exchange (FX)

772

791

824

838

Energy

2,294

2,239

2,238

2,322

Agricultural Commodities

1,156

1,437

1,529

1,722

Metals

431

464

488

468

   Total

14,319

14,809

15,196

15,082

VENUE

Sep-16

Aug-16

Jul-16

Jun-16

Open outcry

982

1,075

1,173

1,075

Electronic

12,672

13,038

13,318

13,355

Privately negotiated

665

697

705

651

Average Rate Per Contract (In dollars)

3-Month Period Ending

PRODUCT LINE

Aug-16

Jul-16

Jun-16

May-16

Interest Rates

0.504

0.499

0.496

0.500

Equity Indexes

0.693

0.708

0.709

0.710

Foreign Exchange (FX)

0.806

0.804

0.798

0.808

Energy

1.125

1.145

1.168

1.184

Agricultural Commodities

1.326

1.294

1.291

1.287

Metals

1.557

1.567

1.562

1.584

   Total

0.763

0.765

0.782

0.786

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