e–miNY(sm) volume of 7,498 contracts surpassed the previous record of 6,632 contracts set on September 22, while e–miNY(sm) crude oil futures volume of 7,093 contracts exceeded the previous record of 6,159 contracts also set that day.
Exchange President James E. Newsome said, "This is the second volume record for e–miNY energy futuressm in a week and the sixth since August 11, a promising demonstration that these contracts are playing an increasingly important role during this period of market uncertainty."
e–miNY(sm) futures are traded on the Chicago Mercantile Exchange GLOBEX® system and cleared through the New York Mercantile Exchange clearinghouse. They are 50% of the size of the standard–sized energy futures contracts and are traded from 3:15 PM, New York time, Mondays through Thursdays, and 7 PM, New York time, on Sundays until 2:30 PM the following day, with breaks between 9:30 AM and 10 AM, 2:30 PM and 3:15 PM, and 5:30 PM and 6:00 PM.
