CME Group Volume Averaged 13.0 Million Contracts Per Day In May 2014, Up 6 Percent from April 2014

• Eurodollar futures volume increased 10 percent and Eurodollar options volume increased 42 percent from prior May
• Highest 2014 daily volume of 20.1 million contracts traded on May 28
• Year-to-date 2014 volume averaged 13.2 million contracts per day, up 4 percent from year-to-date 2013

CME Group interest rate volume averaged 7.6 million contracts per day in May, up 27 percent compared with April 2014 while down 3 percent from May 2013.  Eurodollar futures volume averaged 2.6 million contracts per day, up 10 percent from the same period a year ago.  Eurodollar options volume averaged 799,000 contracts per day, up 42 percent from May last year.  Treasury futures volume averaged 3.6 million contracts per day, up 48 percent sequentially though down 13 percent compared with May 2013.  Treasury options volume averaged 582,000 contracts per day, down 15 percent from the same period last year. 

CME Group equity index volume in May 2014 averaged 2.2 million contracts per day, down 22 percent from the same period last year.  CME Group foreign exchange (FX) volume averaged 589,000 contracts per day, down 43 percent from May 2013.  The average daily notional value of FX contracts traded in May was $73 billion.  

CME Group agricultural commodities volume averaged 915,000 contracts per day, down 5 percent compared with the prior-year period.  CME Group metals volume in May 2014 averaged 324,000 contracts per day, down 27 percent from May 2013.  CME Group energy volume averaged 1.4 million contracts per day in May 2014, down 18 percent compared with the prior May.

In May 2014, CME Group cleared a $121 billion average daily notional value of OTC interest rate swaps.  During the month, OTC interest rate swap open interest increased 6 percent from the end of April to $14.4 trillion, which represents 50 percent of clients' total cleared OTC interest rate swap open interest.  Average daily trade count for the month was 1,710.