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 |