Total September volume of 40.3 million contracts represented a 111 percent increase over year-ago levels, with year-to-date volume of 295.5 million contracts traded, up 73 percent. CME was open for business on 20 days in September 2000. The underlying value of last month's trading totaled $29.1 trillion.
Volume on CME's GLOBEX®2 electronic trading system totaled 6,819,248 contracts in September, a 105 percent increase over September 2000. Year-to-date GLOBEX2 volume totaled 55,998,889, up 142 percent over 2000.
Interest rate products set a new all-time monthly trading record of 27.5 million contracts, up 166 percent versus year-ago levels and including a record 10.6 million Eurodollar options on futures. Eurodollar futures volume set a new high for any September of 16.8 million contracts. Interest rate product volume year-to-date has grown more than 90 percent to 197 million contracts.
Volume in equity index products reached a new high that surpassed any previous September, with 9.7 million contracts traded-an increase of 57 percent above year-ago levels. E-mini S&P 500 futures set a new monthly volume record of more than 3.6 million contracts, while other index products set new September volume highs: E-mini Nasdaq-100 futures at 2.4 million contracts; standard-sized Nasdaq-100 futures at 469,554; Russell 2000 futures at 83,898, S&P MidCap 400 futures at 50,767, and S&P/BARRA Growth futures at 1,919. [Note: U.S. equity index products traded only 15 days in September.]
Foreign exchange products also set trading records in September, with Euro FX futures and Australian dollar futures setting all-time monthly volume marks at 629,874 and 109,975 contracts, respectively. New records for any September were set in South African rand futures at 9,915, New Zealand dollar futures at 4,855 and Euro/Japanese yen cross rate futures at 4,462 contracts.
Open interest, the number of contracts outstanding at the close of trading, stood at 13.9 million contracts at month's end, an increase of 103 percent over year-ago levels.
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. The exchange moves about $1.5 billion per day in settlement payments and manages $28.4 billion in collateral deposits.
