Year-to-date trading volume totaled 220.7 million contracts, an increase of 63 percent above 2000 levels. The underlying value of July's volume totaled $20.8 trillion, bringing year-to-date notional value to $135.7 trillion.
Volume on GLOBEX®2 year-to-date has totaled 42,269,020, including July's 6,248,103 contracts, an increase of 145 percent over the first seven months of 2000.
In July, CME traded all-time record volume in options on futures of 7.4 million contracts, fueled by an all-time monthly record in Eurodollar options of 6.9 million contracts. An all-time monthly record of 60,917 Euro FX options on futures also changed hands. In addition, July records were set in interest rate products of 19.7 million contracts and equity index products of 7.6 million contracts.
Trading volume year-to-date has risen across all four major CME product areas: interest rates, up 74 percent; equity index products, up 62 percent; currency products, up 7 percent; and commodities, up 8 percent.
Among products setting new records for any July were: Eurodollar futures (12.7 million), E-mini S&P 500 futures (2.9 million), E-mini Nasdaq-100 futures (2.5 million), Euro FX futures (425,070), Nasdaq-100 futures (369,731), Canadian dollar futures (221,558) and Russell 2000 futures (51,959). Open interest, or positions outstanding at the close of trading, stood at 13.7 million positions, 81 percent higher than 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. 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 $28.5 billion in collateral deposits.
