CME Group Volume Averaged 13.1 Million Contracts Per Day In September 2013, Up 10 Percent From September 2012

CME Group, the world's leading and most diverse derivatives marketplace, today announced that September 2013 volume averaged 13.1 million contracts per day, up 10 percent compared with September 2012.  Total volume for September 2013 was more than 261 million contracts, of which 84 percent was traded electronically.  Year-to-date volume averaged 13.0 million contracts per day, up 13 percent from full-year 2012.

CME Group interest rate volume averaged 6.6 million contracts per day in September, up 32 percent from September 2012.  Treasury futures volume averaged 2.5 million contracts per day, up 16 percent compared with the same period a year ago.  Treasury options volume averaged 528,000 contracts per day, up 45 percent from September 2012.  Eurodollar futures volume averaged 2.6 million contracts per day, up 31 percent from the same period a year ago.  Eurodollar options volume averaged 963,000 contracts per day, up 91 percent from September last year, and included a monthly record for Eurodollar Midcurve options averaging 264,000 contracts per day.  Eurodollar options open interest climbed to 25 million contracts by mid-month, ahead of the quarterly roll related to contract expirations. 

CME Group equity index volume in September 2013 averaged 2.9 million contracts per day, up 4 percent from the same period last year, and equity index options volume was up 52 percent.  CME Group foreign exchange (FX) volume averaged 825,000 contracts per day, down 20 percent from September 2012, but up 11 percent sequentially.  The average daily notional value of FX contracts traded in September was more than $98 billion.

In September 2013, CME Group metals volume averaged 327,000 contracts per day, down 12 percent from September 2012.  CME Group energy volume averaged 1.6 million contracts per day in September 2013, down 7 percent compared with the prior September.  CME Group agricultural commodities volume in September 2013 averaged 918,000 contracts per day, down 15 percent compared with the prior-year period.

In September 2013, CME Group cleared an average $115 billion a day of notional value of OTC interest rate swaps.  OTC IRS open interest increased 26 percent from the end of August to $6.4 trillion, as more than 330 market participants have cleared trades at CME Group to date.  Deliverable Interest Rate swap futures averaged a record 9,000 contracts per day in September.

Third-quarter 2013 volume averaged 12.0 million contracts per day, up 11 percent from third-quarter 2012.  The main highlights included quarterly records for Eurodollar Midcurve options, Weekly Treasury options and Brent futures, as well as 29 percent growth in interest rates volume compared with third-quarter 2012, and 10 percent growth in metals volume.  Treasury futures volume averaged 2.5 million contracts per day, up 20 percent compared with the same period a year ago.  Treasury options volume averaged 506,000 contracts per day, up 53 percent from third-quarter 2012.  Eurodollar futures volume averaged 2.1 million contracts per day, up 30 percent from the same period a year ago.  Eurodollar options volume averaged 761,000 contracts per day, up 56 percent from the third quarter last year.

Note that the KCBT hard red winter wheat average daily volume is included within the CME Group rollup as of April 1, 2013, but not historically prior to that date, following the acquisition which closed on November 30, 2012.