CME Sets New Record In E-MINI Nasdaq 100 Futures

In line with increased volatility in the technology stock sector, the Chicago Mercantile Exchange (CME) set a new trading volume record in its electronically traded E-mini Nasdaq 100 Index contract on Wednesday. The E-mini Nasdaq 100 traded a total of 6,726 contracts - an 11.6 percent increase over the prior record volume of 6,026 reached September 16. Open interest in the contract now stands at 3,042. The CME's E-mini S&P 500 Index? contract also posted strong, above-average volume Wednesday with 71,709 trades transacted. Both contracts are one-fifth sized versions of the CME's leading stock market index contracts, the S&P 500 and the Nasdaq 100. The E-mini S&P 500 contract is sized at $50 times the index, while the E-mini Nasdaq 100 equals $20 times the index. Both E-mini contracts trade on the CME's GLOBEX®2 electronic trading system around the clock