Crude oil price volatility leads to record volumes day in WTI futures and options at CME


CME Group (NASDAQ: CME) the world’s leading and most diverse derivatives marketplace, today announced it reached a trading volume record for combined NYMEX WTI futures and options yesterday, December 8, of 1,841,295 contracts compared to the previous record of 1,772,232 contracts on August 31, 2015.

Additionally, WTI futures set a trading volume record of 1,595,710 contracts on December 8 versus the previous record of 1,472,088 contracts set on January 28, 2011.

“These recent volume records show that market participants see the value in turning to CME Group’s liquid, electronic markets to manage their risk during times of heightened volatility,” said Peter Keavey, CME Group Executive Director of Energy Products.

“CME Group is becoming the first choice for our customers’ global crude oil risk management needs, and we’ve seen that over the course of the year with 15 of the top 20 record trading days in WTI futures taking place in 2015.”

cmegrouplogoNYMEX Light Sweet Crude Oil futures and options contracts are listed by and subject to the rules of the New York Mercantile Exchange.

Oil has crashed to new multi-year lows now after briefly re-touching the $50 handle in October. Pictured above is courtesy of NASDAQ, 18-month Oil price chart.

To see the official release click here.

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Crude oil price volatility leads to record volumes day in WTI futures and options at CME

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