E-Mini Nasdaq 100 Continues To Set Volume, Open Interest Records

New volume and open interest records were set yesterday in the Chicago Mercantile Exchange's E-mini Nasdaq 100 Index® futures, which traded 11,031 contracts on Tuesday, Dec. 7, the first time volume in the five-month-old product exceeded the 10,000 contract level. The futures contract also achieved open interest of over 9,000 for the first time Tuesday with 9,672 contracts open at the end of the day. The records capped several weeks of exceptionally strong growth in the E-mini Nasdaq 100 in which numerous records were set. Tuesday's E-mini Nasdaq 100 volume was 16 percent higher than the prior record set Dec. 1 when 9,496 contracts traded. Open interest in the product has set new records on five of the past six trading sessions. E-mini Nasdaq 100 futures trade on the CME's GLOBEX®2 system virtually around the clock from 3:45 p.m. to 3:15 p.m. the following day. Like the CME's popular E-mini S&P 500 Index® product, the E-mini Nasdaq is one-fifth the size of and fungible with the full-size contract. Open interest in the E-mini S&P 500 futures also hit a new record of 9,801 on Dec. 3. Open interest is the measure of the number of outstanding - or open - contracts at the end of a trading day.