Trading on CME's GLOBEXÒ electronic trading platform in September reached 17,756,051 contracts, the second highest monthly level on record and an increase of 160 percent compared to September 2001. Year-to-date, GLOBEX volume totaled 131,685,295 contracts, a 135 percent increase over year-ago levels. The record volume month for GLOBEX was July 2002 when 23.3 million contracts changed hands.
For the month of September, average daily volume on CME totaled 2.3 million contracts, with year-to-date volume averaging 2.2 million contracts. Average daily volume in September 2001 was 2.1 million contracts and totaled 1.6 million contracts for the period January-September 2001.
The underlying value of CME trading volume in September totaled $25.2 trillion. Month-end open interest stood at 17.6 million positions, an increase of 26 percent from one year ago. CME's open interest set a new record on Sept. 12 at nearly 20.3 million positions. CME has the largest futures and options on futures open interest of any exchange in the world.
Among the products and product groups setting all-time monthly volume records or records for any September were the following:
Product | All-time Record | Previous Record | Date |
E-mini™ Russell 2000 Futures | 96,980 | 90,899 | July 2002 |
E-mini S&P MidCap 400 Futures | 45,940 | 34,394 | August 2002 |
5-year Swap Rate Futures | 6,500 | 1,618 | June 2002 |
Product | September Record |
Stock Index Products | 20,492,775 |
E-mini S&P 500 Futures | 11,764,998 |
E-mini Nasdaq-100 Futures | 4,337,315 |
Euro FX Futures | 675,268 |
Nikkei 225 Futures | 78,629 |
Russell 2000 Futures | 93,373 |
Euro FX Options | 60,929 |
S&P MidCap 400 Futures | 52,526 |
Milk Futures | 8,868 |
Milk Options | 2,414 |
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 $1.5 billion per day in settlement payments and manages $27.1 billion in collateral deposits. CME is a wholly owned subsidiary of Chicago Mercantile Exchange Holdings Inc.
