CME Group Volume Averaged 16.9 Million Contracts Per Day In June 2013, Up 29 Percent From June 2012

• Interest rate average daily volume up 70 percent in June
• Record metals average daily volume up 27 percent in second quarter
• Record foreign exchange average daily volume up 13 percent in second quarter
• Energy open interest record set in both WTI and Brent futures during June
• OTC cleared interest rate swaps of $66 billion per day in June, up 64 percent from May

CME Group, the world's leading and most diverse derivatives marketplace, today announced that June 2013 volume averaged 16.9 million contracts per day, up 29 percent compared with June 2012, and up 15 percent sequentially.  Total volume for June 2013 was more than 339 million contracts, of which 86 percent was traded electronically.

CME Group interest rate volume averaged 8.6 million contracts per day in June, up 70 percent from June 2012, and the highest monthly average daily volume since January 2008.  Treasury futures volume averaged 3.3 million contracts per day, up 42 percent compared with the same period a year ago.  Treasury options volume averaged a record 811,000 contracts per day, up 164 percent from June 2012.  Eurodollar futures volume averaged 3.5 million contracts per day, up 91 percent from the same period a year ago, including monthly records on years three through five in Eurodollars futures.  Eurodollar options volume averaged 977,000 contracts per day, up 66 percent from June last year, which included a monthly record in Eurodollar Midcurve options. 

CME Group foreign exchange (FX) volume averaged 1.2 million contracts per day, up 15 percent from June 2012, and represented $146 billion of notional value per day.  This included a monthly average daily volume record in Japanese Yen futures and options, and several other currency pairs.  CME Group equity index volume in June 2013 averaged 3.8 million contracts per day, up 10 percent from the same period last year, driven by a monthly average daily volume record in the Nikkei 225 Yen futures. 

In June 2013, CME Group metals volume averaged 435,000 contracts per day, up 14 percent from June 2012.  CME Group energy volume averaged 1.7 million contracts per day in June 2013, down 3 percent compared with the prior June, while WTI and Brent futures open interest records were set.  CME Group agricultural commodities volume in June 2013 averaged 1.2 million contracts per day, down 18 percent compared with the prior-year period, despite a quarterly average daily volume record in Soybean Meal futures.

In June 2013, CME Group cleared an average $66 billion a day of notional value of OTC interest rate swaps, up 64 percent from $40 billion a day in May.  OTC IRS open interest increased 45 percent to $3.0 trillion, as 187 market participants cleared trades at CME Group in June.

Second-quarter 2013 volume averaged 14.3 million contracts per day, up 16 percent from second-quarter 2012.  The main highlights included quarterly records in the FX and Metals products lines.  Additional quarterly records included 10-year Treasury note futures, Eurodollar futures years three through five, Copper futures, Soybean Meal futures, Nikkei 225 Yen futures, and Japanese Yen futures and options. 

Note that the KCBT hard red winter wheat average daily volume is included within the CME Group rollup as of April 1, 2013, but not historically prior to that date, following the acquisition which closed on November 30, 2012.