CME Group Announces Multiple Trading Volume Records Across Metals Complex
Overall Metals Complex, Gold Futures, Gold Options and Copper Futures Set New Daily Volume Records
CHICAGO, April 16, 2013 /PRNewswire/ — CME Group, the world’s leading and most diverse derivatives marketplace, today announced that yesterday it reached multiple daily trading volume records across its metals complex, including a combined futures and options volume increase of 78 percent for its Metals Products asset class.
On Monday, April 15, 2013, CME Group’s metals complex reached a new record for combined futures and options trading of 1,478,376 contracts, surpassing the previous record of 831,721 contracts set on August 24, 2011.
Benchmark Gold futures reached a record daily volume of 751,058 contracts yesterday compared to 486,315 on November 28, 2012, the last record for the contract. Gold options traded a record 227,516 contracts, bypassing the previous record of 119,685 contracts set September 23, 2011.
Additionally, Copper futures set a new record yesterday, trading 173,037 contracts compared to 128,326 on February 21, 2013, the prior record for this contract. Open Interest in Copper futures reached 189,642 contracts, surpassing the previous record of 189,633 set on April 12, 2013.
These contracts are listed with, and subject to, the rules and regulations of COMEX.
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