twitter

Welcome: Guest User

Register / Login

CME and ICE volumes up significantly

London, 2 February 2011

CME Group, the world's leading and most diverse derivatives marketplace, today announced January volume averaged 12.3 million contracts per day, up 10 percent from January 2010.  Total volume for January was 246 million contracts, of which a record 85 percent was traded electronically.

 

CME Group equity index volume averaged 2.6 million contracts per day, down 11 percent from January 2010.  CME Group foreign exchange (FX) volume averaged 939,000 contracts per day, up 15 percent compared with the same period a year ago, reflecting average daily notional value of $126 billion.

CME Group energy volume averaged 2.0 million contracts per day, up 22 percent compared with January 2010.  Driving this strong growth in energy, Light Sweet Crude Oil (WTI) futures and options were up 57 percent and 21 percent for the month, respectively.  The futures contract reached a record volume of 1.5 million contracts on January 28, and the options contract set a record of 294,000 contracts on January 31, one trading day after the prior record.

CME Group agricultural commodities volume averaged 1.1 million contracts per day, up 37 percent compared with the prior January.  CME Group metals volume averaged 412,000 contracts per day, up 16 percent compared with the same period last year.

Electronic volume averaged 10.4 million contracts per day, up 13 percent from the prior January, while privately negotiated volume increased 2 percent, to 182,000 contracts per day. Average daily volume cleared through CME ClearPort was 457,000 contracts for January 2011, down 11 percent compared with January 2010.  Open outcry volume averaged 1.3 million contracts per day in January 2011, down 4 percent versus the prior January.

IntercontinentalExchange ( ICE)

IntercontinentalExchange ( NYSE: ICE) reported strong volume growth for its futures business in the first month of 2011. Average daily volume (ADV) for ICE's futures markets was a record 1,578,227 contracts, up 30% from January 2010. ICE Futures Europe established a monthly record of 23.5 million contracts and a monthly ADV record of 1,176,543 contracts, an increase of 45% from the first month of 2010, and the exchange's first monthly ADV total in excess of one million contracts.

Total futures volume in January 2011 was a record 31.6 million contracts.

Ends --

 


www.commodities-now.com

Upcoming Events – 2012

CTRM Technical Conference, London

London, 29 May 2012 - 30 May 2012

 

6th Wire and Cable Conference

Vienna, Austria, 11 June 2012 - 13 June 2012

 

20th European Biomass Conference and Exhibition

Milano, Italy, 18 June 2012 - 20 June 2012

 

Subscribe Now

Subscribe to Commodities Now

A subscription to Commodities Now gives you full access to all content on this site together with special reports and supplements as they are published