CME Group Announces Daily Volume Record in Copper Futures
NEW YORK and LONDON, Feb. 25, 2013 /PRNewswire/ — CME Group, the world’s leading and most diverse derivatives marketplace, announced it reached a new daily trading volume record for its COMEX Copper (HG) futures contract on February 21, 2013. This contract is listed by and subject to the rules of COMEX.
Volume for COMEX Copper futures reached 128,326 contracts, compared to 127,276 contracts on April 10, 2012, the last record set for this contract. Additionally, Copper futures set a number of open interest records earlier in the month, establishing the most recent of those records with 184,257 contracts of open interest on Feb 6, 2013.
As the world’s leading and most diverse derivatives marketplace, CME Group (www.cmegroup.com) is where the world comes to manage risk. CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. CME Group brings buyers and sellers together through its CME Globex® electronic trading platform and its trading facilities in New York and Chicago. CME Group also operates CME Clearing, one of the world’s leading central counterparty clearing providers, which offers clearing and settlement services across asset classes for exchange-traded contracts and over-the-counter derivatives transactions. These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk.
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SOURCE CME Group