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 billion, markedly down from the result of 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.
