At day's end, volume in S&P 500 futures totalled a record 343,310, surpassing the previous single-day record of 339,416 set Sept. 10, 1998. Open interest in S&P 500 futures also stood at a new record of 587,238 positions, surpassing the previous record of 578,671 set also on June 13, 2001. Volume of 241,482 E-mini S&P 500 futures was just shy of the record 245,813 traded Sept. 10, 2001.
Exchange-wide volume reached 2,760,761 contracts, the fourth busiest day in CME history. Average daily volume on CME totals 1.5 million contracts, year-to-date.
Also yesterday, open interest in CME's E-mini Nasdaq-100 and Russell 2000 futures contracts rose to new highs. The 174,881 open positions in E-mini Nasdaq-100 futures and 25,060 open positions in Russell 2000 futures surpassed records of 172,609 on Sept. 7 and 24,378 on June 13, respectively. Equity index products traded a record 834,796 yesterday as open interest reached a record 1,338,633.
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.
