CME Group Announces Record Open Interest and Large Open Interest Holders in its Suite of FX Products


CHICAGO, March 8, 2013 /PRNewswire/ — CME Group, the world’s leading and most diverse derivatives marketplace, announced it achieved record Open Interest yesterday in its global suite of FX products. A record US$278 billion (FX futures = US$167 billion/FX Options US$111 billion equivalent to 2.4 million contracts) was posted yesterday on CME. CME Group’s FX futures are listed by and subject to the rules of CME. In addition, the company announced a record number of 915 Large Open Interest Holders in FX, which is a 15% increase year over year.

“The continued momentum and interest in our full suite of regulated FX products validates our central counter party clearing model and the need to manage and offset risk in today’s volatile currency markets,” said Derek Sammann, CME Group, Senior Managing Director, Interest Rates and FX Products. “As we see the regulatory environment continue to evolve, in particular with Basel III, the value proposition of exchange traded futures provides firms an alternative to efficiently manage capital and margin compared with the over the counter and Non Deliverable Forward markets. The next step to build on for our FX offering is being a significant part of the launch of CME Europe, our new derivatives exchange based in London, expected to launch later this year pending regulatory approval.”

As the owner of the world’s largest regulated FX marketplace, serving a diverse range of market participants that includes banks, hedge funds, CTAs, proprietary trading firms, multinational companies and active individual traders, CME Group offers a full product suite of 60 futures and 31 options contracts reflecting an average daily notional value of US$125 billion in 2013. In addition, the company provides OTC clearing services for 12 OTC Non-Deliverable Forward currency pairs, as well as 26 Cash Settled Forwards.

You can learn more about how to use the CFTC Commitments of Traders report for FX from the following links:

FX Products – Large Open Interest Holders Update

View our CFTC Commitments of Traders Report

CFTC Commitments of Traders Report: Understanding the Data and How Market Analysts Use

For a demonstration on how to use the CFTC Commitments of Traders Report you can watch a video here:

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, its CME Direct™ online trading technology offering side-by-side trading of exchange-listed and OTC derivatives 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 for exchange-traded contracts, as well as for over-the-counter derivatives transactions through CME ClearPort®. These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk in both listed and over-the-counter derivatives markets.

CME Group is a trademark of CME Group Inc. The Globe Logo, CME, Globex and Chicago Mercantile Exchange are trademarks of Chicago Mercantile Exchange Inc.  CBOT and the Chicago Board of Trade are trademarks of the Board of Trade of the City of Chicago, Inc.  NYMEX, New York Mercantile Exchange and ClearPort are registered trademarks of New York Mercantile Exchange, Inc.  COMEX is a trademark of Commodity Exchange, Inc.  All other trademarks are the property of their respective owners. Further information about CME Group (NASDAQ: CME) and its products can be found at www.cmegroup.com.



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