Metals volumes were strong, but FX volumes disappointed in April. CME Group, which runs the world's largest derivatives marketplace, announced April FX volumes which were surprisingly down by 16% from March. FX contract volumes (mainly Eurodollar futures contracts) traded at CME came in at 898,000 in April, down 16%% from March's 1,072,000 (see chart below). Metals…
Read moreCME Group reports Gold Options and Gold Futures volumes annihilated all previous records on Monday. As we first reported earlier this week, Monday was one of the best-ever days for Retail FX brokers, as Gold's plunge from the $1500s to the $1300s precipitated general volatility in all financial markets. Well, it seems that data from…
Read moreLooks like February was another blowout month in the electronic FX trading world. CME Group, which runs the world's largest derivatives marketplace, announced that FX contract volumes (mainly Eurodollar futures contracts) in its system were up by 19% in February from January, and up 26% from last year February, to an average of 1,067,000 contracts…
Read moreIs CME Group lobbying responsible for the NFA's new anti-spot FX rule? As reported by leading MT4 bridge provider CMAP LLC, a recently implemented NFA rule change forces U.S.-regulated FCMs (Futures Commission Merchants) to maintain equity capital of at least $20 million if they offer spot FX. The NFA's previous rules stated that only FCMs / RFEDs which…
Read moreFirst peek at December FX industry volumes is looking good. CME Group, which runs the world's largest derivatives marketplace, announced that FX contract volumes (mainly Eurodollar futures contracts) in its system were up by 7% in December from November, and up 14% from last year December, to an average of 826,000 contracts daily. The EURUSD's bull run, from 1.29…
Read moreLooks like the risk-on / risk-off volatility in November helped drive FX volumes. CME Group, which runs the world's largest derivatives marketplace, announced that FX contract volumes (mainly Eurodollar futures contracts) in its system were up by 9% in November from October levels to an average of 775,000 contracts daily. It looks like the U.S. election-driven…
Read moreFirst indication that October was slow in the FX trading world. CME Group, which runs the world's largest derivatives marketplace, announced that FX contract volumes (mainly Eurodollar futures contracts) in its system were down by 32% in October from September to an average of 702,000 contracts daily. October's volumes were also 23% below last year's…
Read moreFirst peek at what looks like a good month for FX volumes. CME Group, which runs the world's largest derivatives marketplace, announced that FX contract volumes (mainly Eurodollar futures contracts) in its system were up by 42% in September from August to an average of 1.035 million contracts daily. That growth though is somewhat misleading,…
Read moreRetail volume up 23%, Institutional up 34%.
Read more...as compared to a nice pickup in volumes seen elsewhere, so far.
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