Chicago Mercantile Exchange Group, the world's largest and most diverse derivatives exchange, today announced February volume averaged 13.2 million contracts per day, up 25 percent from February 2007. Total volume exceeded 264 million contracts for the month, of which a record 82 percent was traded electronically. Total electronic volume averaged 10.8 million contracts per day, up 34 percent from the prior February.
CME Group E-mini equity index volume averaged 3.0 million contracts per day, up 55 percent compared with February 2007. Chicago Mercantile Exchange Group interest rate volume averaged 8.5 million contracts per day, up 19 percent. CME Group commodities and alternative investments volume averaged a record of one million plus contracts per day for the first time, up 19 percent. CME Group foreign exchange volume averaged 566,000 contracts per day, up 12 percent.
Additional monthly volume records reached in February 2008 include NYMEX energy and metals volume on the CME Globex trading platform, up 40 percent to average 963,000 contracts per day, and electronic commodities and alternative investments volume, up 66 percent to 626,000 contracts per day. Chicago Mercantile Exchange Group electronic options increased 72 percent to a record 448,000 contracts per day, representing a record 22 percent of total options volume. Record electronic Eurodollar options volume nearly tripled from February 2007 to average 245,000 contracts per day, representing a record 21 percent of total Eurodollar options volume.
All references to volume and rate per contract information in the text of this document assume combined legacy CME and legacy CBOT volumes and exclude our non-traditional TRAKRS products, for which CME Group receives significantly lower clearing fees than other Chicago Mercantile Exchange Group products, and Swapstream products.
Legacy e-CBOT products reached a record 5.5 million contracts per day, in their first full month of trading on the Chicago Mercantile Exchange Globex electronic platform. Further, individual product records were broken in 2-year U.S. Treasury notes, 30-year U.S. Treasury bonds, 5-year U.S. Treasury notes, soybeans, soybean oil, soybean meal, electronic corn, wheat, rough rice, and oats. -- www.cme.com
Comment and add to the story without registration, but keep the comments meaningful please. Links are not accepted.
