CME, the largest U.S. futures exchange, set a new open interest record yesterday of 29,078,892 positions, excluding Total Return Asset ContractsSM (TRAKRS). The previous record of 28,628,529 positions was set on Wednesday, February 16. Open interest in CME’s interest rate products was a record 24,201,101 and accounted for much of the activity. Individual open interest product records were also set for the following:
CME Eurodollar futures contracts –8,066,788 positions
CME Eurodollar options -- 16,134,313 positions
E-mini™ S&P 500® options– 138,505 positions
CME Cincinnati heating futures contracts – 1,125 positions
Open interest reflects the total number of contracts that have not yet been offset or fulfilled for delivery.
Chicago Mercantile Exchange Inc. (www.cme.com) is the largest futures exchange in the United States. As an international marketplace, CME brings together buyers and sellers on CME Globex® electronic trading platform and on its trading floor. CME offers futures and options on futures primarily in four product areas: interest rates, stock indexes, foreign exchange and commodities. The exchange moved about $1.5 billion per day in settlement payments in 2004 and managed $44.1 billion in collateral deposits as of Dec. 31, 2004, including $3.1 billion in deposits for non-CME products. CME is a wholly owned subsidiary of Chicago Mercantile Exchange Holdings Inc. (NYSE: CME), which is part of the Russell 1000® Index.
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