CME Group Reports September 2015 Volumes, FX Contracts Fall YoY

Friday, 02/10/2015 | 12:41 GMT by Jeff Patterson
  • CME Group averaged 14.1 million contracts per day during September 2015, which correlates to a decrease of -7.0% YoY from September 2014.
CME Group Reports September 2015 Volumes, FX Contracts Fall YoY
Bloomberg

CME Group (NASDAQ: CME), one of the world’s largest derivatives marketplace, has reported its September 2015 volumes, largely weaker when weighed against its 2014 equivalent, according to a CME statement.

In particular, CME Group averaged 14.1 million contracts per day during September 2015, which correlates to a decrease of -7.0% YoY from September 2014. Total volume traded was also reported at 296 million contracts, with 87% of the volume being traded electronically. Moreover, the average daily volume YTD in 2015 stands at 14.2 million contracts, which is up 7.0% over the same period in 2014 – CME also has notched growth across all six of its product lines YTD in 2015.

For the month ending September 2015, CME Group saw its interest rate volume average 6.2 million contracts per day, which represents a decline of -23.0% YoY compared with September 2014.

In terms of treasury futures, September 2015’s volume averaged 2.3 million contracts per day, which also is a loss of -21.0% against September 2014. Treasury options volume fared little better in September 2015, orchestrating a decline of -24% YoY after revealing only 515,000 contracts per day. Finally, CME’s Eurodollar futures volume averaged 2.3 million contracts per day in September 2015, which was good for a YoY dive of 30.0% vs. September 2014 – Eurodollar options volume in September 2015 had averaged only 966,000 contracts per day, which was itself -22.0% lower YoY compared to September 2014.

Equities and FX Focus

CME Group’s equity index volume in September 2015 was more upbeat in its overall performance, managing to average 3.7 million contracts per day, good for a rise of 19.0% YoY from September 2014. However, CME Group foreign Exchange (FX) volume averaged only 947,000 contracts per day in September 2015, down -18.0% YoY from September 2014 – overall, the average daily notional value of FX contracts traded in September 2015 stood at $95 billion.

CME’s Q3 2015 volume also averaged 14.4 million contracts per day, up 7.0% YoY from Q3 2014. This was highlighted by a steadfast 27.0% YoY growth in interest rate average daily volume relative to Q3 2014.

Back in July, CME Group Inc. (NASDAQ: CME) released its quarterly revenues, which came in at $820 million with an operating income of $495 million for Q2 2015. Net income was also $265 million and diluted earnings per share were $0.78.

CME Group (NASDAQ: CME), one of the world’s largest derivatives marketplace, has reported its September 2015 volumes, largely weaker when weighed against its 2014 equivalent, according to a CME statement.

In particular, CME Group averaged 14.1 million contracts per day during September 2015, which correlates to a decrease of -7.0% YoY from September 2014. Total volume traded was also reported at 296 million contracts, with 87% of the volume being traded electronically. Moreover, the average daily volume YTD in 2015 stands at 14.2 million contracts, which is up 7.0% over the same period in 2014 – CME also has notched growth across all six of its product lines YTD in 2015.

For the month ending September 2015, CME Group saw its interest rate volume average 6.2 million contracts per day, which represents a decline of -23.0% YoY compared with September 2014.

In terms of treasury futures, September 2015’s volume averaged 2.3 million contracts per day, which also is a loss of -21.0% against September 2014. Treasury options volume fared little better in September 2015, orchestrating a decline of -24% YoY after revealing only 515,000 contracts per day. Finally, CME’s Eurodollar futures volume averaged 2.3 million contracts per day in September 2015, which was good for a YoY dive of 30.0% vs. September 2014 – Eurodollar options volume in September 2015 had averaged only 966,000 contracts per day, which was itself -22.0% lower YoY compared to September 2014.

Equities and FX Focus

CME Group’s equity index volume in September 2015 was more upbeat in its overall performance, managing to average 3.7 million contracts per day, good for a rise of 19.0% YoY from September 2014. However, CME Group foreign Exchange (FX) volume averaged only 947,000 contracts per day in September 2015, down -18.0% YoY from September 2014 – overall, the average daily notional value of FX contracts traded in September 2015 stood at $95 billion.

CME’s Q3 2015 volume also averaged 14.4 million contracts per day, up 7.0% YoY from Q3 2014. This was highlighted by a steadfast 27.0% YoY growth in interest rate average daily volume relative to Q3 2014.

Back in July, CME Group Inc. (NASDAQ: CME) released its quarterly revenues, which came in at $820 million with an operating income of $495 million for Q2 2015. Net income was also $265 million and diluted earnings per share were $0.78.

About the Author: Jeff Patterson
Jeff Patterson
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About the Author: Jeff Patterson
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