The New York Mercantile Exchange, Inc. announced today that it set daily volume records for crude oil futures across all venues, as well as records on the CME Globex electronic trading platform yesterday.
Total crude oil futures, via open outcry and electronic trading, reached a record 800,731 contracts, beating the 657,549 traded on January 9.
On CME Globex, total energy and metals futures traded a record 919,900 contracts, exceeding the 810,547 contracts traded on January 9. Crude oil futures reached 588,444 contracts, surpassing the 503,023 contracts traded on January 9. Natural gas futures totaled 103,302 contracts, topping the 87,390 contracts traded on January 9. Heating oil futures contracts traded 62,322 contracts, exceeding the 62,191 contracts traded on January 10.
Total volume yesterday reached 2,041,694 contracts, crossing the 2 million contract mark for the second time this week. NYMEX reached an overall volume record of 2,141,304 contracts traded on January 9.
NYMEX launched its physically settled futures contracts for trading on CME Globex during regular open outcry trading hours on September 5, following its initial offering of financially settled, standard-sized and NYMEX miNY energy futures contracts for trading on CME Globex on June 12. On December 4, NYMEX introduced full-sized and COMEX miNY metals futures contracts for side by side trading.
Access to electronic trading of NYMEX energy and metals products is available virtually 24 hours a day on CME Globex.