CME Group Inc (NASDAQ: CME) the world’s leading and most diverse derivatives marketplace, announced today it set a total open interest record of 125.7 million contracts yesterday, May 11, 2017.
The new record follows four consecutive record open interest days. Prior to this four-day streak, the previous open interest record of 123.1 million contracts was set on March 9, 2017.
With open interest up for this month, it is a positive sign for FX volumes for May. Earlier this month CME Group reported FX volumes were down 19% MoM in April. May business should provide a nice bounce back. French elections have helped drive volume in certain instruments, namely EURUSD futures.