LeapRate's Daily Forex Industry Newsletter
Join now to receive first access to our EXCLUSIVE reports and updates.
Screenshot of a breaking news alert e-mail from Q2 2017
International derivatives marketplace CME Group Inc (NASDAQ:CME) has just joined the number of companies that have reported a decrease in Forex volumes in October 2015, as trading activity lagged behind levels seen in September 2015 and successful October 2014.
Let’s examine the particular metrics:
CME Group saw FX volumes average humble 735,000 contracts per day in October 2015, down 22.4% from the ADV of 947,000 registered in September 2015.
The comparison in annual terms was a notch worse, as the ADVs in October 2015 were 25% lower than in October 2014.
The average daily notional value of Forex contracts traded in October 2015 was $75 billion, markedly down from the result of $95 billion reported for September 2015.
Across all segments, October 2015 volume averaged 12.8 million contracts per day, down 27% year over year. Total volume during October 2015 exceeded 282 million contracts, of which 86% was traded electronically.
Eurodollar futures volume averaged 2 million contracts per day, staging a drop of massive 46% from October 2014. Eurodollar options volume averaged 1.1 million contracts per day, down 13% from a year earlier.
To view the full announcement from CME Group, click here.