CME Group, the world's leading and most diverse derivatives marketplace, announced it reached a record in open interest for its NYMEX Brent (BZ) crude oil futures contract yesterday, March 13, 2013. Open Interest for NYMEX Brent reached 51,642 contracts, compared to 49,305 on February 28, 2013, the last record for this contract. Trading volume for this contract is also at record highs, with average daily volume for March at 28,846 contracts.
This comes one day after NYMEX Light Sweet Crude Oil (WTI) reached an open interest record on March 12.
NYMEX Light sweet crude oil and NYMEX Brent futures contracts are listed by and subject to the rules of NYMEX.