Metrics

CME Group Reports Increased Trading Volumes in November

Foreign exchange trading volumes fall on annual and monthly basis

CME Group (NASDAQ: CME), the global derivatives marketplace, reported average daily trading volumes (ADVs) of 13.7 million contracts for November, a 6 percent improvement on November 2014, and an increase of almost a million contracts from October.

Forex Volumes the Biggest Loser

Forex trading volumes stood at a daily average of 713,000 contracts, down by 23 percent on the year, making this segment the biggest loser during the reporting period. Last month, CME Group reported forex trading volumes of 735,000 daily, down 25 percent on the year.

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The overall trading volume for the month came in at more than 274 million contracts, with the bulk of these, 87 percent, traded electronically, the company said.

Eurodollar options jump 70%

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By asset class, the greatest increase came in eurodollar options, which were up 70 percent on the year at an average daily of one million contracts. Equity index trading volumes marked the second largest annual increase of 16 percent, to 2.4 million contracts daily.

Eurodollar futures volumes came in at an average of 2 million contracts per day, up 10 percent, and interest rate contracts stood at an average of 6.9 million daily, a 9 percent improvement on the year.

Year-to-Date ADVs Better Than 2014

Trade in Treasury futures and options declined on the year, by 1 and 2 percent, respectively, and so did trade in metals contracts, sliding as much as 12 percent from November 2014.

In January-November, CEM Group said that average daily volumes stood at 14.1 million contracts, which was a 3 percent improvement on the year. Open interest on November 30 was 102 million contracts, 9 percent higher than the figure at end-2014.

In October, CME Group reported an overall slump in trading volumes across asset classes, with ADVs at 12.8 million contracts, down 27 percent in October 2014. The overall number of contracts traded in the marketplace, however, came in higher than November’s figure, at 282 million.

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