CME’s 1.2 million daily FX futures contracts traded were its second best ever month.
The good volume news keeps on rolling in the Forex industry… CME Group, which runs the world’s largest derivatives marketplace, announced that June FX futures volumes increased by 18% from May (and by 15% from last year June) to 1.2 million. The CME attributed the increased volume mainly to record volumes in Japanese Yen related trading — not surprising since we already reported record June Forex volumes in Japan were reported by leading Japan FX broker GMO Click.
The 1.2 million daily FX contracts represents CME’s second best month ever for volumes, with May 2010 having come in at just over 1.3 billion.
For the press release from the CME Group on June volumes click here.