Record Volume For CME Energy Contracts
CME Group, the world’s leading and most diverse derivatives marketplace, announced an all-time daily volume record for energy futures and options of 6.8M contracts on March 9, surpassing the previous record of 6.2M set on September 16, 2019.
CME Group energy futures and options reach all-time daily volume record of 6.8M contracts on March 9. Read more: https://t.co/Rak6GQykQy pic.twitter.com/8IblbT0nSK
— CME Group (@CMEGroup) March 10, 2020
In addition, CME Group WTI Light Sweet Crude Oil futures and options also reached a record 4.8M contracts, surpassing the previous record of 4.3M contracts traded on September 16, 2019.
“Amid global economic uncertainty, market participants around the world continue to turn to CME Group’s energy futures and options for managing their risk,” said Peter Keavey, CME Group Global Head of Energy. “In particular, our benchmark energy products have experienced high volumes outside of U.S. market hours, demonstrating deep liquidity and flexibility around the clock.”
Source: CME Group
No surprise @CMEGroup and @ICE_Markets both announce y'day was record daily volumes for energy futures + options. CME 6.8m, ICE 7.9m.
Both previous records set after Saudi refinery attack last Sep— Philip Stafford (@staffordphilip) March 10, 2020
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