01.06.2014
By Terry Flanagan

CME Group Volume Averaged 10.9 Million Contracts per Day in December 2013, Up 13 Percent from December 2012

CHICAGO, Jan. 3, 2014 /PRNewswire/ — CME Group, the world’s leading and most diverse derivatives marketplace, today announced that December 2013 volume averaged 10.9 million contracts per day, up 13 percent compared with December 2012. Total volume for December 2013 was more than 228 million contracts, of which 85 percent was traded electronically. Full-year volume averaged 12.5 million contracts, up 10 percent from full-year 2012.

CME Group interest rate volume averaged 5.0 million contracts per day in December, up 38 percent from December 2012. Eurodollar futures volume averaged 2.0 million contracts per day, up 51 percent from the same period a year ago. Eurodollar options volume averaged 652,000 contracts per day, up 142 percent from December last year. Treasury futures volume averaged 1.8 million contracts per day, up 6 percent compared with the same period a year ago. Treasury options volume averaged 536,000 contracts per day, up 66 percent from December 2012.

CME Group foreign exchange (FX) volume averaged 760,000 contracts per day, down 8 percent from December 2012, while FX options volume was up 20 percent. The average daily notional value of FX contracts traded in December was $92 billion. CME Group equity index volume in December 2013 averaged 2.5 million contracts per day, down 7 percent from the same period last year.

CME Group energy volume averaged 1.5 million contracts per day in December 2013, up 16 percent compared with the prior December. CME Group metals volume in December 2013 averaged 276,000 contracts per day, down 3 percent from December 2012. CME Group agricultural commodities volume averaged 793,000 contracts per day, down 10 percent compared with the prior-year period.

In December 2013, CME Group became the global leader in over-the-counter (OTC) interest rate swap open interest. During the month, it increased 11 percent from the end of November to $9.1 trillion, as 418 market participants cleared trades at CME Group during 2013. The company cleared an average $98 billion a day of notional value of OTC interest rate swaps in December 2013.

Note that the KCBT hard red winter wheat average daily volume is included within the CME Group rollup as of April 1, 2013, but not historically prior to that date, following the acquisition which closed on November 30, 2012.

MONTHLY AVERAGE DAILY VOLUME (ADV)
Total Exchange ADV
(in thousands)
Dec 2013 Dec 2012
Trading Days 21 20
PRODUCT LINE Dec 2013 Dec 2012 Percent Change
Interest Rates 5,011 3,642 38%
Equity Indexes 2,487 2,682 -7%
Foreign Exchange (FX) 760 826 -8%
Energy 1,547 1,334 16%
Agricultural Commodities 793 878 -10%
Metals 276 284 -3%
    Total 10,873 9,645 13%
VENUE Dec 2013 Dec 2012 Percent Change
Open outcry 938 649 44%
CME Globex 9,243 8,482 9%
Privately negotiated* 693 514 35%

 

QUARTERLY AVERAGE DAILY VOLUME (ADV)
Total Exchange ADV
(in thousands)
4Q 2013 4Q 2012
Trading Days 64 64
PRODUCT LINE 4Q 2013 4Q 2012 Percent Change
Interest Rates 5,274 4,094 29%
Equity Indexes 2,471 2,532 -2%
Foreign Exchange (FX) 705 767 -8%
Energy 1,571 1,489 5%
Agricultural Commodities 992 982 1%
Metals 317 324 -2%
    Total 11,331 10,188 11%
VENUE 4Q 2013 4Q 2012 Percent Change
Open outcry 957 751 27%
CME Globex 9,723 8,899 9%
Privately negotiated* 651 539 21%

 

ROLLING THREE-MONTH AVERAGES
Average Daily Volume (In thousands)
3-Month Period Ending
PRODUCT LINE Dec-13 Nov-13 Oct-13 Sep-13
Interest Rates 5,274 5,768 5,790 5,839
Equity Indexes 2,471 2,599 2,633 2,408
Foreign Exchange (FX) 705 725 734 792
Energy 1,571 1,574 1,585 1,609
Agricultural Commodities 992 1,035 1,006 1,009
Metals 317 334 334 360
    Total 11,331 12,034 12,083 12,018
VENUE Dec-13 Nov-13 Oct-13 Sep-13
Open outcry 957 1,076 1,150 1,173
Electronic 9,723 10,299 10,278 10,199
Privately negotiated* 651 659 655 646

 

*The privately negotiated venue includes both traditional block trades as well as what was historically categorized as CME ClearPort. Going forward there will no longer be a break out for CME ClearPort.

Average Rate Per Contract (In dollars)
3-Month Period Ending
PRODUCT LINE Nov-13 Oct-13 Sep-13 Aug-13
Interest Rates 0.499 0.482 0.484 0.466
Equity Indexes 0.689 0.682 0.695 0.711
Foreign Exchange (FX) 0.833 0.823 0.819 0.808
Energy 1.301 1.292 1.300 1.282
Agricultural Commodities 1.309 1.292 1.323 1.357
Metals 1.660 1.638 1.626 1.623
    Total 0.767 0.752 0.762 0.750

 

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.

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. KCBOT, KCBT and Kansas City Board of Trade are trademarks of The Board of Trade of Kansas City, Missouri, 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.

CME-G

SOURCE CME Group

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