Total volume was driven by record trading levels in CME's benchmark Eurodollar contracts, which set three new records: GLOBEX® volume of 405,855 contracts traded, combined GLOBEX and open outcry volume of 2,177,217, and open interest of 6,016,584 positions. It was also the first time Eurodollar futures open interest exceeded six million contract positions, finishing at 6,016,584 positions. A new open interest record was also set in Eurodollar put options with a total of 1,320,979 positions.
A new total exchange open interest record of 38,136,220 futures and options on futures contracts was also set at the close of business on Friday. The prior combined non-TRAKRS trading volume record was set on July 31, 2003 when 4.3 million contracts traded. Combined volume in CME's E-mini equity index contracts posted the second busiest trading day ever with volume of 1,590,565. Individual products notching new volume records were yen-based Nikkei® 225 futures at 1,000 and milk futures at 2,661 contracts. Open interest in the yen-based Nikkei - which was first listed for trading exclusively on GLOBEX on Feb. 23 - has climbed to 2,170 positions. E-mini™ Russell 2000® futures hit a new open interest record of 72,235.
Chicago Mercantile Exchange Inc. (www.cme.com) is the largest futures exchange in the United States. As an international marketplace, CME brings together buyers and sellers on its trading floors and GLOBEX® electronic trading platform. CME offers futures and options on futures primarily in four product areas: interest rates, stock indexes, foreign exchange and commodities. The exchange moved about $1.4 billion per day in settlement payments in 2003 and managed $39.5 billion in collateral deposits at Jan. 31, 2004. CME is a wholly owned subsidiary of Chicago Mercantile Exchange Holdings Inc. (NYSE: CME), which is part of the Russell 1000® Index.
Chicago Mercantile Exchange, CME, the globe logo and GLOBEX are registered trademarks of Chicago Mercantile Exchange Inc. E-mini is a trademark of CME. Nikkei 225, Russell 1000, Russell 2000, TRAKRS, Total Return Asset Contracts and other trade names, service marks, trademarks and registered trademarks that are not proprietary to Chicago Mercantile Exchange Inc. are the property of their respective owners, and are used herein under license. Further information about CME and its products is available on the CME Web site at www.cme.com
* Exclusive of CME's non-traditional TRAKRS contracts.
