In addition, open interest in CME E-mini™ S&P 500 futures rose to record levels yesterday, with 700,739 open positions, the first time open interest in the product surpassed 700,000 positions. The previous open interest record stood at 694,258 positions set on May 2.
Open interest represents the number of positions outstanding at the close of trading.
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® around-the-clock 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 quarter of 2003 and managed $28.5 billion in collateral deposits at March 31, 2003. CME is a wholly owned subsidiary of Chicago Mercantile Exchange Holdings Inc. (NYSE: CME).
