Year-to-date volume of 259.2 million contracts is 36 percent higher than year-ago levels. The new overall monthly volume record surpasses the previous record set in November 2001 at 45.3 million contracts.
Trading volume on CME's GLOBEX® electronic trading platform also rose to a record in June, as the 16,199,617 contracts traded surpassed by 18 percent the previous record set in May 2002 at 13.7 million contracts. Year-to-date GLOBEX volume has risen 103 percent to 73,138,434 contracts.
CME's average daily volume totaled 2.5 million contracts in June and 2.1 million contracts year-to-date, compared with an average of 1.6 million contracts in June 2001 and 1.5 million contracts during the first six months of 2001.
Stock index product volume set an all-time volume record in June, with 18.6 million contracts traded, an increase of 106 percent over year-ago levels. Included in the record are all-time monthly volume records in E-mini™ S&P 500 futures at 9.8 million contracts, E-mini Nasdaq-100 futures at 4.7 million contracts, Russell 2000 futures at 112,575 contracts, Nikkei 225 futures at 95,976 contracts, E-mini Russell 2000 futures at 70,603 contracts, and E-mini S&P MidCap 400 futures at 21,086 contracts.
Interest rate product volume set a new June record of 27.9 million contracts, an increase of 31 percent from June 2001. Eurodollar futures, the world's most actively traded futures contract, set a new June record of 17.9 million contracts, up 25 percent from year-ago levels. Volume in Eurodollar options on futures set a June record of 9.8 million contracts, an increase of 45 percent. Recently launched five-year swap futures contracts traded record volume in a single day on June 28, with 1,608 contracts changing hands.
Volume in foreign exchange (FX) products rose 22 percent in June 2002 over June 2001, to 2.9 million contracts. An all-time monthly record of 917,661 Euro FX futures and 122,355 Euro FX options on futures changed hands, in addition to new monthly record volumes of 358,727 Canadian dollar futures and 160,804 Australian dollar futures. Year-to-date, FX volume of 12.3 million contracts is 15 percent higher than the first six months of 2001.
During the month, CME tallied its highest single-day volume in history. For the first time, CME surpassed 4 million contracts with 4.3 million contracts traded on June 26-including records of more than 3 million contracts traded via open outcry and 1.2 million contracts traded on GLOBEX.
Open interest on CME at month's end stood at 14.6 million positions, 20 percent higher than year-ago levels.
Chicago Mercantile Exchange Inc. (www.cme.com) is the largest futures exchange in the United States and the second largest exchange in the world for the trading of futures and options on futures. As an international marketplace, CME brings together buyers and sellers on its trading floors and virtually around the clock on its GLOBEX electronic trading platform. CME offers futures contracts and options on futures primarily in four product areas: interest rates, stock indexes, foreign exchange and commodities. The exchange moves about $1.6 billion per day in settlement payments and manages $27.4 billion in collateral deposits. CME is a wholly owned subsidiary of Chicago Mercantile Exchange Holdings Inc.
