Record FX options volumes at CME in September, whilst exchange-traded FX ADV 56% up from August

North American multinational market place CME Group is the next major firm to report record volumes for September, amid a series of firms which have not only elevated themselves out of the almost year-long period of low volatility which has blighted the industry across all sectors.

CME’s FX volume has doubled compared with August’s figure, averaging a relatively stratospheric 1.2 million contracts per day compared with August this year’s 669,000, amounting to a 56% increase in September from August’s figures.

Furthermore, the average daily FX volumes at CME were up 39 percent from September 2013, and included a record 110,000 FX options contracts, as well as record British Pound futures and options average daily volume. The average daily notional value of FX contracts traded in September was $134 billion, a remarkable achievement considering the spike in trading activity last month which resulted in the firm experiencing a new record in FX Option volumes that had been unprecedented in the last four years.

In addition, FX open In September 2014, CME Group cleared a record $178 billion in average daily notional value of over-the-counter (OTC) interest rate swaps. During the month, OTC interest rate swap open interest increased 3 percent from the end of August to $20.1 trillion, which represents 56 percent of clients’ total cleared OTC interest rate swap open interest.


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