Included in the overall open interest record were record open interest levels in interest rate options, at 9,994,052 positions, and Eurodollar options, at 9,939,610 positions. Open interest is the number of futures and options contracts outstanding at the close of trading each day.
Yesterday's volume record in E-mini Russell 2000 futures-launched Oct. 24-represented the first time daily volume surpassed 1,000 contracts. The previous volume high was set Oct. 31 at 981. The new open interest high in E-mini Russell 2000 futures nearly doubles the previous level of 1,046 on Nov. 5.
The previous exchange-wide open interest record stood at 16,865,418 positions on Nov. 5. Previous records for interest rate options and Eurodollar options were also set on Nov. 5 at 9,870,589 and 9,870,147, respectively.
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 currencies and agricultural commodities. The exchange moves about $1.5 billion per day in settlement payments and manages $28.4 billion in collateral deposits.
