CME Group Reaches Second-Highest Monthly Volume Ever, Averaging 23.9 Million Contracts Per Day in May 2019

 

BY AP

via KTIC (NE) - June 4, 2019

 

CME Group, the world’s leading and most diverse derivatives marketplace, reached average daily volume (ADV) of 23.9 million contracts during May 2019, up 19% from May 2018. Open interest (OI) at the end of May was 143 million contracts, up 24% from year-end 2018 and up 14% from May 2018. OI reached a record 143.5 million contracts on May 23, 2019.

 

Equity Index volume averaged 4.2 million contracts per day in May 2019, up 61% from May 2018. Highlights include:

 

    Micro E-mini equity index futures, launched May 6, averaged 489,000 contracts per day in May, and traded nearly 9.3 million contracts in total volume – the most successful product launch ever at CME Group

    Record Bitcoin futures ADV, up 246% to 13,600 contracts

    E-mini S&P 500 futures and options ADV increased 44% to 2.7 million contracts

    E-mini Nasdaq-100 futures and options ADV grew 66% to 594,000 contracts

    Mini $5 Dow futures and options ADV increased 33% to 268,000 contracts

    E-mini Russell 2000 futures and options ADV rose 45% to 149,000 contracts

    Nikkei 225 (yen) futures ADV grew 39% to 45,000 contracts

 

Options volume averaged 5 million contracts per day in May 2019, up 40% from May 2018, and reached its second-highest monthly ADV ever. Highlights include:

 

    Record overall daily options volume of 10 million contracts set May 31

    Record 7.7 million Interest Rate options contracts traded on May 31, with a record 3.9 million traded electronically

    Record Eurodollar options volume of 5.2 million contracts and OI of 64.4 million contracts on May 31

    Record Agricultural options ADV, up 50% to 453,000 contracts

    Interest Rate options ADV grew 49% to 3.4 million contracts

    Equity Index options ADV increased 39% to 808,000 contracts

    Metals options ADV rose 9% to 59,000 contracts

 

Agricultural volume averaged 1.9 million contracts per day in May 2019, up 31% from May 2018. Highlights include all-time record volume of 3.2 million contracts set May 31 and:

 

    Record Corn futures and options ADV, up 78% to 861,000 contracts

    Grain and Oilseeds futures and options ADV increased 34% to 1.7 million contracts

    Soybean futures and options ADV rose 9% to 321,000 contracts

    Livestock futures and options ADV grew 15% to 191,000 contracts

    Hard Red Winter Wheat futures and options ADV increased 19% to 69,000 contracts

 

Interest Rate volume averaged 13.8 million contracts per day in May 2019, up 19% from May 2018, and reached its second-highest monthly ADV ever. Highlights include:

 

    Record Ultra Treasury Bond futures OI of 1.3 million contracts on May 29

    Record 2-Year U.S. Treasury Note futures ADV, up 43% to 1.2 million contracts

    Record Ultra 10-Year Treasury Note futures ADV, up 27% to 327,000 contracts

    Record 5-Year U.S. Treasury Note options ADV, up 48% to 235,000 contracts

    Record SOFR futures OI of 168,000 contracts on May 31

    Record SOFR futures ADV of 32,000 contracts, up 41% from the prior month

    U.S. Treasury futures and options ADV increased 14% to 7.9 million contracts

    Eurodollar futures and options ADV grew 26% to 5.5 million contracts

    Fed Fund futures ADV rose 30% to 431,000 contracts

    Weekly Treasury options ADV increased 102% to 286,000 contracts

    Ultra 10-Year U.S. Treasury Note futures and options ADV grew 27% to 327,000 contracts

    Ultra U.S. Treasury Bond futures and options ADV increased 17% to 314,000 contracts

 

Energy volume averaged 2.5 million contracts per day in May 2019, down 6% from May 2018. Highlights include:

 

    Record Brent Crude Oil futures OI of 257,000 contracts on May 29

    Gasoline futures and options ADV increased 5% to 224,000 contracts

    Brent Crude Oil futures ADV rose 45% to 146,000 contracts

 

Metals volume averaged 582,000 contracts per day in May 2019, down 14% from May 2018. Highlights include:

 

more

http://kticradio.com/agricultural/cme-group-reaches-second-highest-monthly-volume-ever-averaging-23-9-million-contracts-per-day-in-may-2019/