CME Group announced that its May 2014?volume averaged 13.0 million contracts per day, up 6 percent sequentially but down 12 percent from May 2013.? Total volume for?May 2014?was more than 273 million contracts with 86 percent trading electronically.?
Here’s the May product volume breakdown.
- Interest rate volume averaged 7.6 million contracts per day, 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.?
- Equity index volume averaged 2.2 million contracts per day, down 22 percent from the same period last year. ?
- Foreign exchange (FX) volume averaged 589,000 contracts per day, down 43 percent from?May 2013. ?
- Average daily notional value of FX contracts traded in May was?$73 billion. ?
- Agricultural commodities volume averaged 915,000 contracts per day, down 5 percent compared with the prior-year period. ?
- Metals volume averaged 324,000 contracts per day, down 27 percent from May 2013.?
- Energy volume averaged 1.4 million contracts per day, down 18 percent compared with the prior May.
In?May, 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.