Volume on CME’s GLOBEX®2 electronic trading system surged 153 percent in June to 6,628,126 contracts, with year-to-date electronically traded volume rising more than 143 percent to 36,020,917 contracts. Total GLOBEX2 volume in the first half of 2001 exceeds the 34.5 million contracts traded in all of last year.
Combined Interest rate product volume set a new June monthly volume record of 21.3 million contracts, up more than 70 percent over year-ago levels. CME’s benchmark Eurodollar futures set a new June volume record of 14.3 million contracts.
Total options on futures contracts traded on CME set a second consecutive new all-time monthly record, with 7.3 million options changing hands, a 155 percent increase over June 2000. A record 6.7 Eurodollar options changed hands in June.
Equity index products set a new June record of 9.1 million contracts, up 59 percent compared to 2000. E-mini Nasdaq-100 futures volume rose 293 percent in June to set an all-time record of nearly 3 million contracts. E-mini S&P 500 futures set a new June record of 2.9 million contracts traded, up 88 percent compared to June 2000.
CME currency product volume in June increased 18 percent over year-ago levels to 2.3 million contracts. An all-time record 585,288 Euro FX currency futures changed hands, along with a record 350,967 Canadian dollar futures and 8,637 Euro/Japanese yen cross-rate futures. June records were set by Euro FX options, at 40,023, and Australian dollar options, at 6,150.
At month’s end, open interest stood at 12.2 million positions. CME’s open interest on futures and futures options is the highest among exchanges worldwide.
Chicago Mercantile Exchange Inc. (www.cme.com) is an international marketplace that brings together buyers and sellers on its trading floors and GLOBEX2 around-the-clock electronic trading system. CME offers futures contracts and options on futures primarily in four product areas: interest rates, stock indexes, foreign currencies and agricultural 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 billion per day in settlement payments, manages $28.5 billion in collateral deposits and administers more than $1 billion of letters of credit.
