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Forex volumes edged down further at international derivatives marketplace CME Group Inc (NASDAQ:CME) in November 2015, following an already subdued October 2015, in tune with picture of results the Forex industry has displayed thus far.
Let’s examine the particular metrics:
CME Group saw FX volumes average humble 713,000 contracts per day in November 2015, down 3% from the 735,000 contracts per day registered in October 2015.
The comparison in annual terms was gloomier, as the ADVs in November 2015 were 23% lower than in November 2014.
The average daily notional value of Forex contracts traded in November 2015 was $72 billion, down from the result of $75 billion reported for October 2015.
Across all segments, November 2015 volume averaged 13.7 million contracts per day, up 6% year over year. Total volume during November 2015 exceeded 274 million contracts, of which 87% was traded electronically.
Eurodollar futures volume averaged 2 million contracts per day, whereas Eurodollar options volume averaged 1 million contracts per day, broadly unchanged from a month earlier.
To view the official announcement from CME Group on its November 2015 metrics, click here.