The previous annual volume record for CME was 231.1 million contracts traded in 2000. CME first surpassed its record annual volume from 2000 in August of this year. Through November, year-to-date volume on CME has risen 82 percent.
Also on Friday, electronic trading volume in foreign exchange futures at CME rose to a record 43,584 contracts traded-the first time single-day volume surpassed 40,000 contracts. The previous record was set on Nov. 13 at 34,959 contracts. The notional value of Friday's total foreign exchange volume of 190,080 was $17.5 billion, representing the underlying U.S. dollar value of contracts that changed hands, counting a contract sold by one party and bought by another as one event.
Also on Friday, Euro FX futures set a new electronic volume record of 18,957, surpassing the previous record of 16,605 on Oct. 29. Canadian dollar futures volume rose to a record 4,756, surpassing the record 4,521 set on Oct. 23.
CME's monthly volume set a new record in January 2001 with 31.7 million contracts traded-a record to be broken in March, August, September and November, culminating in 45.3 million contracts traded last month.
CME also set daily volume records five times so far in 2001, beginning on March 14 with 2.2 million contracts traded. The busiest day in CME history now stands at 3,327,358 contracts set on Nov. 14.
Chicago Mercantile Exchange Inc. (www.cme.com) is an international marketplace that brings together buyers and sellers on its trading floors and GLOBEX® 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 $30.1 billion in collateral deposits. CME is a wholly owned subsidiary of Chicago Mercantile Exchange Holdings Inc.
