Yesterday's Eurodollar options volume set a new all-time record of 799,335.
Wednesday also marked the second busiest day for CME's GLOBEX®2 electronic trading system, with 371,039 contracts changing hands. Yesterdays' electronic volume was surpassed only by the 423,804 contracts traded on March 14, 2001.
CME's busiest volume day was exactly three months ago-April 18, 2001-when 2,834,016 contracts were traded. The previous Eurodollar options volume record was set on June 28, 2001, at 672,641.
Previously, the second busiest day in CME history was April 14, 2001, when 2,245,027 contracts were traded. The day previously marking the second busiest day for GLOBEX2 was March 13, 2001, with 364,284 contracts traded.
Chicago Mercantile Exchange Inc. (www.cme.com) is an international marketplace that brings together buyers and sellers on its trading floors and GLOBEX®2 around-the-clock electronic trading system. CME offers futures contracts and options on futures primarily in four product areas: interest rates, stock indexes, foreign exchange and commodities. On Nov. 13, 2000, CME finalized its transformation into a for-profit, shareholder-owned corporation as it became the first U.S. financial exchange to demutualize by converting its membership interests into shares of common stock that can trade separately from exchange trading privileges. The exchange moves about $1.5 billion per day in settlement payments, manages $28.8 billion in collateral deposits and administers more than $1 billion of letters of credit.
