CME Group Volume Averaged 14.0 Million Contracts per Day in February 2014, Up 2 Percent from February 2013 and Up 8 Percent from January 2014

– Eurodollar futures average daily volume increased 21 percent and Eurodollar options increased 92 percent
– Natural Gas average daily volume increased 29 percent
– Dubai Mercantile Exchange average daily volume reached a record 10,800 contracts

CHICAGO, March 4, 2014 /PRNewswire/ — CME Group, the world’s leading and most diverse derivatives marketplace, today announced that February 2014 volume averaged 14.0 million contracts per day, up 2 percent compared with February 2013 – and up 8 percent from January 2014.  Total volume for February 2014 was more than 266 million contracts, of which 86 percent was traded electronically.  Year-to-date 2014 average daily volume of 13.4 million contracts was up 7 percent compared with the same time period last year.

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CME Group interest rate volume averaged 6.8 million contracts per day in February, up 6 percent from February 2013.  Eurodollar futures volume averaged 2.0 million contracts per day, up 21 percent from the same period a year ago.  Eurodollar options volume averaged 710,000 contracts per day, up 92 percent from February last year.  Treasury futures volume averaged 3.4 million contracts per day, down 10 percent compared with the record monthly average daily volume in February 2013.  Treasury options volume averaged 635,000 contracts per day, up 15 percent from the same period last year.

CME Group equity index volume in February 2014 averaged 2.8 million contracts per day, up 5 percent from the same period last year.  CME Group foreign exchange (FX) volume averaged 769,000 contracts per day, down 28 percent from February 2013.  The average daily notional value of FX contracts traded in February was $92 billion.

CME Group energy volume averaged 1.8 million contracts per day in February 2014, up 4 percent compared with the prior February.  This included particular strength in natural gas, up 29 percent over February 2013, as well as 75 percent growth in power contracts.  Additionally, average daily volume from the Dubai Mercantile Exchange was a record 10,800 contracts, surpassing the prior record of 8,200 contracts per day in January.  CME Group agricultural commodities volume averaged 1.4 million contracts per day, up 7 percent compared with the prior-year period.  CME Group metals volume in February 2014 averaged 351,000 contracts per day, down 20 percent from February 2013.

In February 2014, CME Group cleared an average $117 billion a day of notional value of OTC interest rate swaps.  During the month, OTC interest rate swap open interest increased 8 percent from the end of January to $11.8 trillion, which represents 53 percent of clients’ total cleared OTC interest rate swap open interest.

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.

Total Exchange ADV

( in thousands)

Feb 2014 Feb 2013
Trading Days 19 19
PRODUCT LINE Feb 2014 Feb 2013 Percent Change
Interest Rates 6,846 6,472 6%
Equity Indexes 2,829 2,686 5%
Foreign Exchange (FX) 769 1,067 -28%
Energy 1,825 1,751 4%
Agricultural Commodities 1,383 1,297 7%
Metals 351 439 -20%
     Total 14.002 13,712 2%
VENUE  Feb 2014 Feb 2013     Percent Change
Open outcry 1,231 941 31%
CME Globex 12,020 12,001 0%
Privately negotiated* 751 737 2%


Average Daily Volume (In thousands)
3-Month Period Ending
PRODUCT LINE Feb-14 Jan-14 Dec-13 Nov-13
Interest Rates 6,027 5,773 5,274 5,768
Equity Indexes 2,636 2,440 2,471 2,599
Foreign Exchange (FX) 784 767 705 725
Energy 1,737 1,644 1,571 1,574
Agricultural Commodities 1,058 1,011 992 1,035
Metals 318 328 317 334
     Total 12,561 11,964 11,331 12,034
VENUE Feb-14 Jan-14 Dec-13 Nov-13
Open outcry 1,090 1,007 957 1,076
Electronic 10,714 10,238 9,723 10,299
Privately negotiated* 757 719 651 659
*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 Jan-14 Dec-13 Nov-13 Oct-13
Interest Rates 0.499 0.504 0.499 0.482
Equity Indexes 0.719 0.702 0.689 0.682
Foreign Exchange (FX) 0.823 0.835 0.833 0.823
Energy 1.303 1.279 1.301 1.292
Agricultural Commodities 1.354 1.327 1.309 1.292
Metals 1.698 1.682 1.660 1.638
     Total 0.780 0.780 0.767 0.752

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.



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