Derivatives marketplace operator CME Group Inc (NASDAQ:CME) today announced that overall May 2017 average daily volume (ADV) reached 16.5 million contracts, up slightly from 16.3 million in April.
Full exchange results by product can be found below:
Interest rate volume averaged 8.9 million contracts per day in May 2017, up 20 percent from May 2016. Highlights include:
- Grew Eurodollar futures and options ADV 15 percent to 3.8 million contracts, including Eurodollar options ADV of 1.4 million contracts, up 25 percent, with 34 percent of these trades executed electronically, a monthly record
- Increased Treasury futures and options ADV 21 percent to 4.9 million contracts, including 37 percent growth in Treasury options ADV, with 78 percent traded electronically
- Reached several consecutive records in overall Interest Rates open interest peaking at 78 million contracts on May 25
- Hit record open interest in Eurodollars and Treasuries, peaking at 60 million contracts and 17 million contracts, respectively
- Increased Ultra 10-Year Treasury Note futures and options open interest to a record 393,000 contracts on May 25
Energy volume averaged 2.7 million contracts per day in May 2017, up 20 percent from May 2016. Highlights include:
- Grew WTI Crude Oil futures and options ADV 25 percent to 1.5 million contracts, including WTI Crude Oil options growth of 45 percent to 263,000 contracts
- Increased Natural Gas futures and options ADV 26 percent to 587,000 contracts, with 32 percent growth in electronic Natural Gas futures and options ADV
- Grew Refined Products futures and options ADV 5 percent to 393,000 contracts
- Reached Gasoline futures ADV of 200,000 contracts
- Achieved Henry Hub Natural Gas options ADV of 124,000 contracts, up 46 percent
Foreign Exchange volume averaged 823,000 contracts per day in May 2017, up 15 percent from May 2016. Highlights include:
- Increased Japanese Yen futures and options ADV 35 percent to 157,000 contracts
- Reached Euro FX futures and options ADV of 203,000 contracts, up 11 percent
- Grew British Pound futures and options ADV 6 percent to 110,000 contracts
- Increased ADV of Emerging Market currency pairs futures and options, with Indian Rupee up 222 percent, South African Rand up 144 percent, Russian Ruble up 133 percent and Brazilian Real up 16 percent
Metals volume averaged 540,000 contracts per day in May 2017, up 13 percent from May 2016. Highlights include:
- Grew Gold futures and options ADV 3 percent to 334,000 contracts
- Increased Silver futures and options ADV 52 percent to 94,000 contracts
- Achieved 17 percent year-over-year growth for base metals for the month, including Copper futures and options, which averaged more than 85,000 contracts per day, up 17 percent from May 2016
Equity Index volume averaged 2.3 million contracts per day in May 2017, down 10 percent from May 2016. Highlights include:
- Increased Equity Index options ADV 13 percent to 639,000 contracts
- Grew May 2017 E-mini S&P 500 options 16 percent to 583,000 contracts, including 58 percent growth in E-mini S&P 500 weekly options and 18 percent growth in E-mini S&P 500 end-of-month (EOM) options
- Traded an average of 31,000 Monday Weekly S&P 500 options (E-mini and Standard) contracts during the second month since their April 3 launch; the recently launched Monday and Wednesday Weekly S&P 500 options (E-mini and Standard) made up 12 percent of the total Equity Index options ADV in May
Agricultural volume averaged 1.2 million contracts per day in May 2017, down 16 percent from May 2016. Highlights include:
- Grew electronic Livestock futures ADV 56 percent to 159,000 contracts
- Achieved 51 percent growth in Hard Red Winter Wheat futures and options ADV