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
Increased FX market volatility on March 10, 2016, has pushed Forex volumes at international derivatives marketplace CME Group Inc (NASDAQ:CME) to a record high.
The company reached a trading volume record for total FX futures and options on Thursday (March 10th), of 2,517,334 contracts, This result exceeded by 6% the previous record of 2,371,202 contracts set on May 6, 2010. In addition, FX futures set a new record of 2,350,478 surpassing the previous record of 2,208,417 marked on May 6, 2010.
The ECB rate decision has spurred active trading in Euro FX Futures (EUR/USD). They were the main driver of the record day with $127.13 billion (€113.5 billion) in notional traded in futures and $18.5 billion (€16.7 billion) in options.
CME Group FX futures and options contracts are listed by and subject to the rules of the Chicago Mercantile Exchange.
You can view the full announcement from CME Group by clicking here.