CME Group registers 1.7% MoM drop in FX volumes in February 2016

International derivatives marketplace CME Group Inc (NASDAQ:CME) has just published its operating metrics for February 2016, with overall trading volumes reaching a record high but Forex volumes slightly down from January 2016 levels.

CME Group reported Forex average daily volume (ADV) of 954,000 contracts for February 2016, a result which is 1.7% lower than the 970,000 contracts in ADV reported for January 2016. On the brighter side, the February 2016 result is up 26% from February 2015.

Across all segments, the performance was strong last month, with CME Group announcing that February 2016 volume averaged a record 18.7 million contracts per day, up 18% from February 2015.


Regarding financial products, interest rate volume averaged 9.6 million contracts per day in February 2016, up 11% year on year, with record interest rate futures of 7.5 million contracts per day. Treasury futures and options volume also set a record – as ADVs reached 5.1 million contracts.

Eurodollar options set an open interest record of 39.6 million contracts last month, and Treasury futures open interest hit an all-time high of 8.5 million contracts.

Energy volumes also marked a record, averaging a 2.7 million contracts per day in February 2016= This included record energy futures of 2.4 million contracts per day, record WTI crude oil futures and options of 1.5 million contracts per day, record RBOB gasoline futures of 192,000 contracts per day and record European gasoil futures of 23,000 contracts per day.

For the full report from CME Group, click here.

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