The futures exchange also set an open interest record yesterday of 17,700,746 positions. This is the 12th consecutive day of record open interest, beginning on Oct. 30 with 15,985,674 positions. The exchange has established new open interest records 77 times to date in 2001. Before this year, CME's open interest record was 10,174,735 positions, set in 1998. Open interest is the number of contracts outstanding at the close of trading each day. CME has the largest futures and options on futures open interest of any exchange in the world.
CME has repeatedly set exchangewide and product-specific trading records in 2001. All 25 of CME's busiest days occurred this year. Through Oct. 31, year-to-date volume of 333.6 million contracts is up 75 percent over the same period last year and represents an underlying value of $237.5 trillion. That volume figure is more than 100 million higher than CME's volume in all of 2000, which also was a record year.
Yesterday, CME set several records in its product categories:
Product
Record Set Nov. 15, 2001
Eurodollar futures
Volume
1,734,280
Open interest
5,048,650
Eurodollar options
Open interest
10,299,550
E-mini S&P 500 futures
Open interest
237,807
E-mini Russell 2000 futures
Open interest
2,385
