The total eFX volume of 112,780 was roughly double the 2003 average daily electronically traded volume of 57,086. Combined electronic, pit and privately negotiated FX volume for Tuesday totaled 222,933 contracts, nearly 74 percent higher than average daily FX volume for 2003. Individual eFX products setting volume records Tuesday included EuroFX and Swiss franc futures which traded 56,963 and 12,616 respectively.
"As the largest regulated foreign exchange marketplace in the world, CME has set numerous FX trading volume records over the past year as the global financial and investing community continues to further appreciate the value of CME's completely transparent, auditable and liquid markets," said CME Chairman Terry Duffy.
CME currently lists 31 different foreign currency and currency cross rate futures and options on futures contracts, including contracts on the Euro, Japanese yen and Canadian dollar.
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 its trading floors and GLOBEX® electronic trading platform. 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 the first nine months of 2003 and managed $29.6 billion in collateral deposits at Sept. 30, 2003. CME is a wholly owned subsidiary of Chicago Mercantile Exchange Holdings Inc. (NYSE: CME), which is part of the Russell 1000® Index.
Chicago Mercantile Exchange, CME and GLOBEX are registered trademarks of Chicago Mercantile Exchange Inc. Further information about CME and its products is available on the CME Web site at www.cme.com.
