CME Group's Volumes Sees Across-the-Board Rise in September, FX Explodes MoM

Tuesday, 04/10/2016 | 12:22 GMT by Jeff Patterson
  • CME Group's September volumes notched a sizable turnaround, led by FX contracts which soared 53% MoM
CME Group's Volumes Sees Across-the-Board Rise in September, FX Explodes MoM
Bloomberg

CME Group (NASDAQ: CME), one of the world’s largest derivatives marketplaces, has reported its September 2016 volumes, which rebounded across the board after being influenced by a return of Volatility during the month, according to a CME statement.

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The past few months were characterized by diminishing volumes that were in many instanced hovering near 2016 lows for virtually all retail and institutional exchanges. However, with the return of volatility to markets, CME Group averaged 15.0 million contracts per day, which represented a jump of 8.9% MoM from 13.8 million contracts per day in August 2016. Across a yearly timetable, the latest figures also revealed a 6.0% YoY ascension from 14.1 million contracts per day in September 2015.

In addition, CME Group’s average daily foreign Exchange (FX) volumes were also notably higher in September 2016, yielding 969,000 contracts for per day compared to just 632,000 contracts per day in August 2016, or 53.3% MoM. This surge was also reflected over a yearly interval, rising by a more tepid factor of 2.0% YoY from 947,000 contracts per day in September 2015.

For the month ending September 2016, CME Group also saw its interest rate volume average come in at 6.5 million contracts per day, which reflected a decline of -7.8% MoM vs. 7.05 million contracts per day in August 2016.

Finally, CME’s equity indexes during September 2016 swelled to 3.7 million contracts per day, up 54.2% MoM from just 2.4 million contracts per day in August 2016.

CME Group (NASDAQ: CME), one of the world’s largest derivatives marketplaces, has reported its September 2016 volumes, which rebounded across the board after being influenced by a return of Volatility during the month, according to a CME statement.

FM London Summit is quickly approaching, register here!

The past few months were characterized by diminishing volumes that were in many instanced hovering near 2016 lows for virtually all retail and institutional exchanges. However, with the return of volatility to markets, CME Group averaged 15.0 million contracts per day, which represented a jump of 8.9% MoM from 13.8 million contracts per day in August 2016. Across a yearly timetable, the latest figures also revealed a 6.0% YoY ascension from 14.1 million contracts per day in September 2015.

In addition, CME Group’s average daily foreign Exchange (FX) volumes were also notably higher in September 2016, yielding 969,000 contracts for per day compared to just 632,000 contracts per day in August 2016, or 53.3% MoM. This surge was also reflected over a yearly interval, rising by a more tepid factor of 2.0% YoY from 947,000 contracts per day in September 2015.

For the month ending September 2016, CME Group also saw its interest rate volume average come in at 6.5 million contracts per day, which reflected a decline of -7.8% MoM vs. 7.05 million contracts per day in August 2016.

Finally, CME’s equity indexes during September 2016 swelled to 3.7 million contracts per day, up 54.2% MoM from just 2.4 million contracts per day in August 2016.

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