CME Group Announces NYMEX Brent (BZ) Trading Volume Surpasses 100k08.14.2013
CHICAGO, Aug. 13, 2013 /PRNewswire/ — CME Group, the world’s leading and most diverse derivatives marketplace, today announced it reached a trading volume record for its NYMEX Brent (BZ) crude oil futures contract yesterday, August 12, 2013. Trading volume for NYMEX Brent reached 104,839, compared to August 8, the last record day, when volume reached 90,390 contracts.
This is the first time NYMEX Brent has surpassed 100,000 contracts. Additionally, average daily volume (ADV) for NYMEX Brent is at record highs of 63,382 so far in August, compared to record ADV of 50,679 in July.
This comes at the same time that open interest for NYMEX Light Sweet Crude Oil (WTI) futures contracts is at record highs of over 1.9 million contracts.
NYMEX Brent and Light Sweet Crude oil futures contracts are listed by and subject to the rules of NYMEX.
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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