CME Group, the world's leading and most diverse derivatives marketplace, today announced its COMEX Copper options reached an all-time daily volume record of 8,089 contracts (91,727 metric tons) traded on Friday, September 21. Friday's volume is nearly double the previous record of 4,255 contracts (48,250 metric tons), set on July 5, 2018.
COMEX Copper options average daily volume has grown nearly 340 percent to 1,260 contracts (14,288 metric tons) per day year to date based on increased customer demand, especially outside the U.S. More than 20 percent of Copper options trading volume today originates from global participants during non-U.S. trading hours. Open interest, the total number of outstanding positions held by all participants in a given market, surpassed 31,000 contracts (351,535 metric tons) on Friday, September 21 - an increase of more than 175 percent since the start of the year.
To learn more about COMEX Copper options from CME Group, please visit: www.cmegroup.com/copperoptions
