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CME Posts Its Second Busiest Day In History With Nearly 4.2 Million Contracts

Date 25/07/2002

Volume on Chicago Mercantile Exchange Inc. (CME) posted its second busiest day in its 104-year history yesterday, July 24, as 4,175,449 contracts changed hands. CME's busiest day stands at 4,256,378 contracts trading on June 26. Yesterday's volume marked the second time CME trading volumes exceeded 4 million contracts in a single day.

Volume on CME's GLOBEX® electronic trading platform established a new record with 1,500,430 contracts traded. The previous record was set on July 22, with 1,333,476 contracts. GLOBEX surpassed 1 million contracts for the first time on June 12 and has exceeded 1 million contracts on a single day nine times since then.

In addition, combined electronic and open outcry trading volume in all stock index futures and options on futures broke the 1.5 million mark for the first time yesterday, July 24, with 1,574,755 contracts, surpassing its July 22 record of 1,474,912 contracts.

Other records set yesterday in CME stock index products include:

New Page 1

Contract

Volume Record

Open Interest Record

Previous Record(s)

E-mini™ S&P 500 futures

975,985

370,366

925,798 contracts on July 22 and 366,398 positions on July 23

E-mini Nasdaq-100 futures

376,120

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358,951 contracts on July 11

E-mini S&P MidCap 400 futures

2,381

4,210

2,193 contracts on July 22 and 3,833 positions on June 19

Chicago Mercantile Exchange Inc. (www.cme.com) is the largest futures exchange in the United States and the second largest exchange in the world for the trading of futures and options on futures. As an international marketplace, CME brings together buyers and sellers on its trading floors and virtually around the clock on its GLOBEX electronic trading platform. CME offers futures contracts and options on futures primarily in four product areas: interest rates, stock indexes, foreign exchange and commodities. The exchange moves about $1.6 billion per day in settlement payments and manages $27.4 billion in collateral deposits. CME is a wholly owned subsidiary of Chicago Mercantile Exchange Holdings Inc.