CME Group with highest ever quarterly ADV in 1Q 2018, up 30% YoY


Derivatives marketplace CME Group Inc (NASDAQ:CME) has announced it has reached an all-time high quarterly average daily volume (ADV) of 22.2 million contracts during first-quarter 2018, up 30% from first-quarter 2017. Highlights include:

  • Record quarterly average daily volume (ADV) in five of six asset classes
  • Record quarterly ADV across Options
  • Record Eurodollar futures ADV of 4.1 million contracts and record open interest surpassing 17.8 million
  • More than 20 million contracts traded on thirty-six trading days in 2018

CME Group first-quarter 2018 saw record options volume, averaging 4.9 million contracts per day, up 31 percent versus first-quarter 2017, with electronic options averaging a record 3.1 million contracts per day, up 45 percent over the same period last year.

During 2018 to date, there were 36 trading days with volume above 20 million contracts. This compares with 34 trading days above 20 million contracts throughout the entire year in 2017. CME Group March 2018 ADV reached 20.8 million contracts, up 23 percent from March 2017. Open interest at the end of March was 126 million contracts, an increase of 10 percent from the end of March 2017, and up 17 percent from year-end 2017.

Equity Index volume averaged a record 4.1 million contracts per day in first-quarter 2018, up 48 percent from first-quarter 2017. Highlights include:

  • Record Equity Index options ADV, up 51 percent to 1.1 million contracts, including 29 percent growth in E-mini S&P 500 Weekly options and 73 percent growth in E-mini S&P 500 End-of-Month (EOM) options
  • Record E-mini Dow futures ADV, up 99 percent to 282,000 contracts
  • E-mini S&P 500 futures and options ADV grew 31 percent to 3 million contracts
  • E-mini NASDAQ 100 futures and options ADV grew 131 percent to 495,000 contracts
  • E-mini Russell 2000 futures and options averaged 189,000 contracts per day in March 2018, up from an average 162,000 contracts during February 2018
  • Monday and Wednesday Weekly S&P 500 options traded an average 126,000 contracts per day in first-quarter 2018, up from an average 73,000 contracts per day in fourth-quarter 2017

Metals volume averaged a record 713,000 contracts per day in first-quarter 2018, up 39 percent from first-quarter 2017. Highlights include:

  • Record Gold futures ADV, up 43 percent to 382,000 contracts
  • Copper futures and options ADV increased 44 percent to 137,000 contracts
  • Silver futures and options ADV rose 34 percent to 109,000 contracts
  • Copper options open interest reached record 21,000 contracts on March 23, 2018

Interest Rate volume averaged a record 11.9 million contracts per day in first-quarter 2018, up 30 percent from first-quarter 2017. Highlights include:

  • Record Eurodollar futures ADV, up 31 percent to 4.1 million contracts
  • Record daily open interest for Eurodollar futures of more than 17.8 million on March 15, 2018
  • Record Interest Rate options ADV, up 29 percent to 3.1 million contracts
  • Record 10-Year U.S. Treasury Note futures ADV, up 24 percent to 1.9 million contracts
  • Record 5-Year U.S. Treasury Note futures ADV, up 25 percent to 1.2 million contracts
  • Record 2-Year U.S. Treasury Note futures ADV, up 61 percent to 610,000 contracts
  • Record Ultra 10-Year U.S. Treasury Note futures ADV, up 99 percent to 206,000 contracts
  • Record Ultra Bond futures ADV, up 45 percent to 189,000 contracts
  • Electronic Eurodollar options ADV grew 46 percent to 631,000 contracts
  • Fed Fund futures ADV rose 12 percent to 283,000 contracts

Agricultural volume averaged 1.6 million contracts per day in first-quarter 2018, up 26 percent from first-quarter 2017. Highlights include:

  • Record Hard Red Winter Wheat futures ADV, up 68 percent to 74,000 contracts
  • Grain and Oilseed futures and options ADV increased 28 percent to 1.4 million contracts
  • Corn futures ADV increased 30 percent to 427,000 contracts
  • Ten record daily open interest days for Corn futures, surpassing 1.8 million contracts open interest on March 16
  • Electronic Agricultural options ADV increased 28 percent to 205,000 contracts

Foreign Exchange volume averaged a record 1.1 million contracts per day in first-quarter 2018, up 23 percent from first-quarter 2017. Highlights include:

  • Euro FX futures and options ADV grew 32 percent to 330,000 contracts
  • British pound futures and options ADV increased 18 percent to 156,000 contracts
  • Australian dollar futures and options ADV grew 38 percent to 133,000 contracts

Energy volume averaged a record 2.8 million contracts per day in first-quarter 2018, up 10 percent from first-quarter 2017. Highlights include:

  • Record Heating Oil futures ADV, up 21 percent to 198,000 contracts
  • WTI Crude Oil futures and options ADV grew 16 percent to 1.5 million contracts, including 18 percent growth for WTI futures ADV of 1.3 million contracts
  • Henry Hub Natural Gas futures and options ADV increased 11 percent to 664,000 contracts
  • Energy options ADV grew 6 percent to a record 351,000 contracts

QUARTERLY AVERAGE DAILY VOLUME (ADV)

Total Exchange ADV

(in thousands)

1Q 2018

1Q 2017

Trading Days

61

62

PRODUCT LINE

1Q 2018

1Q 2017

Percent Change

Interest Rates

11,948

9,169

29%

Equity Indexes

4,096

2,766

47%

Foreign Exchange (FX)

1,100

894

23%

Energy

2,754

2,496

10%

Agricultural Commodities

1,593

1,261

27%

Metals

713

512

39%

   Total

22,204

17,098

29%

VENUE

 1Q 2018

1Q 2017

Percent Change

Open outcry

1,556

1,362

14%

CME Globex

19,796

14,947

32%

Privately negotiated

851

789

8%

MONTHLY AVERAGE DAILY VOLUME (ADV)

Total Exchange ADV

(in thousands)

Mar 2018

Mar 2017

Trading Days

21

23

PRODUCT LINE

Mar 2018

Mar 2017

Percent Change

Interest Rates

10,713

8,702

23%

Equity Indexes

4,410

3,189

38%

Foreign Exchange (FX)

1,120

978

15%

Energy

2,352

2,465

-5%

Agricultural Commodities

1,546

1,113

39%

Metals

683

491

39%

   Total

20,824

16,937

23%

VENUE

 Mar 2018

Mar 2017

Percent Change

Open outcry

1,395

1,384

1%

CME Globex

18,710

14,778

27%

Privately negotiated

719

775

-7%

ROLLING THREE-MONTH AVERAGES

Average Daily Volume (In thousands) 

3-Month Period Ending

PRODUCT LINE

Mar-18

Feb-18

Jan-18

Dec-17

Interest Rates

11,948

10,699

8,673

7,970

Equity Indexes

4,096

3,608

2,911

2,632

Foreign Exchange (FX)

1,100

1,069

1,011

941

Energy

2,754

2,771

2,732

2,489

Agricultural Commodities

1,593

1,446

1,315

1,278

Metals

713

662

684

616

   Total

22,204

20,254

17,326

15,925

VENUE

Mar-18

Feb-18

Jan-18

Dec-17

Open outcry

1,556

1,412

1,127

1,066

Electronic

19,796

18,032

15,509

14,265

Privately negotiated

851

810

690

594

Average Rate Per Contract (In dollars)

3-Month Period Ending

PRODUCT LINE

Feb-18

Jan-18

Dec-17

Nov-17

Interest Rates

0.476

0.471

0.467

0.464

Equity Indexes

0.796

0.785

0.768

0.736

Foreign Exchange (FX)

0.766

0.789

0.785

0.784

Energy

1.137

1.120

1.133

1.114

Agricultural Commodities

1.246

1.255

1.251

1.254

Metals

1.362

1.333

1.315

1.299

   Total

0.723

0.738

0.736

0.723

Related News

arrow

CME Group with highest ever quarterly ADV in 1Q 2018, up 30% YoY

2

Send this to a friend

Subscribe to LeapRate
PGlmcmFtZSBzcmM9Ii93cC1jb250ZW50L2E0bHIvaGFuMTZyZXNfNjI1eDQwMC5odG1sIiB3aWR0aD0iNjI1IiBoZWlnaHQ9IjQwMCIgZnJhbWVib3JkZXI9IjAiIHN0eWxlPSJib3JkZXI6bm9uZTsiIHNlYW1sZXNzPjwvaWZyYW1lPg==
PGlmcmFtZSB3aWR0aD0iNjQwIiBoZWlnaHQ9IjM5NSIgc3JjPSJodHRwczovL3d3dy55b3V0dWJlLmNvbS9lbWJlZC80Mzc5MThJbFc5ST9yZWw9MCZjb250cm9scz0wJnNob3dpbmZvPTAiIGZyYW1lYm9yZGVyPSIwIiBhbGxvdz0iYXV0b3BsYXk7IGVuY3J5cHRlZC1tZWRpYSIgYWxsb3dmdWxsc2NyZWVuPjwvaWZyYW1lPg==
Fill out the form below for more information
for lising in LeapRate's Forex Yellow Pages

Please enter the company name, email address to reach you and phone # (optional):

Please fill out the message field to the right for any questions or special inquiry:
PGlmcmFtZSBzcmM9Imh0dHBzOi8vczMtZXUtd2VzdC0xLmFtYXpvbmF3cy5jb20vZW1haWwubG1heHN0YXRpYy5jb20vaHRtbDUvTGVhcHJhdGUvTE1BWERpZ2l0YWwyNTB4OTAvTE1BWERpZ2l0YWw2MDB4NDI1UG9wVXBHcmV5Lmh0bWwiIGZyYW1lYm9yZGVyPSIwIiB3aWR0aD0iNjAwIiBoZWlnaHQ9NDI1Ij48L2lmcmFtZT4=
PGlmcmFtZSBzcmM9Imh0dHBzOi8vd3d3LmxlYXByYXRlLmNvbS9hNGxyMTcvdWZ4MTgvNjAweDQyNV8xc3QtVGltZUxlYXBSYXRlLWVuLUdCX0hUTUw1Lmh0bWwiIGZyYW1lYm9yZGVyPSIwIiB3aWR0aD0iNjAwIiBoZWlnaHQ9NDI1Ij48L2lmcmFtZT4=
PGlmcmFtZSBzcmM9Ii8vY2RuLmJhbm5lcnNuYWNrLmNvbS9iYW5uZXJzL2JjaWVod29iOC9lbWJlZC9pbmRleC5odG1sP3VzZXJJZD0zMTU5MzQwNiZ0PTE1MTAxMzg3MTAiIHdpZHRoPSIxMDAlIiBoZWlnaHQ9IjEwMCUiIHNjcm9sbGluZz0ibm8iIGZyYW1lYm9yZGVyPSIwIiBhbGxvd3RyYW5zcGFyZW5jeT0idHJ1ZSIgYWxsb3dmdWxsc2NyZWVuPSJ0cnVlIj48L2lmcmFtZT4=