CME Euro FX Futures Mark New Daily Volume Record - CME Euro FX Futures Traded On CME Globex Also Hit A New Record

CME, the largest U.S. futures exchange and the largest regulated marketplace for foreign exchange (FX), set a new volume record in its CME Euro FX futures yesterday of 211,929 contracts, representing a notional value of $34.3 billion. The previous record for CME Euro FX futures was 210,094 contracts set on Dec. 8, 2004. The portion of CME Euro FX futures traded on the exchange’s CME® Globex® electronic trading platform was also a record at 199,201 contracts, and represented a notional value of $32.2 billion. CME Globex is among the leading electronic derivatives trading platforms in the industry, operating nearly 24 hours a day.

The market also showed strong interest in CME’s new Euro FX and Japanese yen options contracts, with European-style expiration, which were launched earlier this month. Open interest in the Yen options was 1,537 positions and 467 for the Euro FX options. Open interest reflects the total number of contracts that have not yet been offset or fulfilled for delivery.

CME offers the largest regulated FX derivatives trading complex in the world, providing users with liquid, transparent markets, guaranteed execution and central counterparty clearing risk management on 36 individual FX futures and 23 options on futures products. CME received FX Week’s 2004 eFX award for the best electronic futures platform. Last year, over 51 million FX contracts with a notional value of over $6.2 trillion traded at CME.