CME Group’s FX Volume Rose in June 18% MoM, 29% YoY

Second-quarter 2015 volume averaged 13.3 million contracts per day, up 6% from second-quarter 2014, while FX average daily volume grew

CME Group announced today that its June 2015 volume averaged 14.6 million contracts per day, up 15% from June 2014. Total volume for June 2015 was more than 320 million contracts, of which 88% was traded electronically.

CME foreign exchange (FX) volume averaged 987,000 contracts per day, up 29% from June 2014 and 18% from May 2015’s 835,385 contracts. The average daily notional value of FX contracts traded in June was $104 billion.

Options volume in June averaged 2.9 million contracts per day, up 28% versus June 2014, with electronic options growing 48% over the same period. CME Group equity index volume in June 2015 averaged 2.9 million contracts per day, up 16% from the same period a year ago.

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Interest rate volume averaged 6.9 million contracts per day in June 2015, up 8% compared with June 2014. Treasury average daily volume rose 17%, with Treasury futures volume of 2.7 million contracts per day, up 12% from the same period a year ago. Treasury options volume grew 37% to more than 748,000 contracts per day and included record Weekly Treasury options average daily volume.

Eurodollar futures volume averaged 2.5 million contracts per day, down 5% compared with June 2014. Eurodollar options volume averaged 908,000 contracts per day, up 13%, driven by 84% growth in Eurodollar options traded on Globex. In June, 19% of the Eurodollar options volume traded electronically, the highest monthly percentage since early 2008, and up from 12% electronic a year ago.

In June 2015, CME Group cleared $148 billion in average daily notional value of over-the-counter (OTC) interest rate swaps. Month-end OTC interest rate swap open interest was $24 trillion, which represents 63% of clients’ total cleared OTC interest rate swap open interest. Average daily trade count for the month was 2,197.

Second-quarter 2015 volume averaged 13.3 million contracts per day, up 6% from second-quarter 2014, while FX average daily volume grew 42% in the same period.

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