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CME Group Interest Rate Contracts Shatter Records On Feb. 22

Date 23/02/2017

  • Fed Fund futures volume reaches record 658,700 contracts traded
  • Ultra 10-Year Treasury futures volume reaches record high of 315,730 contracts traded
  • Treasury futures achieve open interest record of 10.5 million contracts, more than $1.2 trillion in notional value

CME Group, the world's leading and most diverse derivatives marketplace, today announced that its Fed Fund futures contracts reached an all-time daily high of 658,700 contracts traded on Feb. 22, 2017, surpassing the previous record achieved on Nov. 9, 2016, following the U.S. presidential election. Also on Feb. 22, Ultra 10-Year Treasury Futures reached a record high of 315,730 contracts traded, surpassing the previous high reached on Nov. 28, 2016. Both contracts also achieved record open interest on Feb. 22 of 1.6 million and 342,000 contracts, respectively.

"CME Group continues to be the destination of choice for U.S. interest rate risk management across the yield curve," said Agha Mirza, CME Group's Global Head of Interest Rate Products. "As these records demonstrate, market participants around the world are using our deep, liquid interest rate products to navigate increased market volatility and geopolitical uncertainty."

CME Group's Treasury futures have continued to break open interest records for 14 consecutive days in February, with an all-time open interest high of 10.5 million contracts achieved on Feb. 22, representing more than $1.2 trillion in notional value.

CME Group's interest rate contracts are listed by and subject to the rules of the Chicago Board of Trade. To learn more, visit cmegroup.com/interestrates