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CME Sets New Single-Day Volume, Open Interest Records, Surpassing 3 Million Contracts Traded In One Session

Date 10/09/2001

Trading volume on Chicago Mercantile Exchange Inc. for the first time surpassed 3 million contracts in a single day on Friday, Sept. 7, when 3,272,931 contracts changed hands. The underlying value of Friday's volume was $2.5 trillion. After Friday's close of trading, open interest stood at 15,562,634 positions, also a new record.

The previous single-day volume record was set Sept. 4, when 2,914,719 contracts were traded. The previous open interest record was set on Sept. 6 at 15,410,959 positions.

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. On Nov. 13, 2000, CME finalized its transformation into a for-profit, shareholder-owned corporation as it became the first U.S. financial exchange to demutualize by converting its membership interests into shares of common stock that can trade separately from exchange trading privileges. The exchange moves about $1.5 billion per day in settlement payments and manages $28.4 billion in collateral deposits.