CME Group’s August Volumes Mixed, FX ADV Falls Double Digits

CME Group (NASDAQ: CME), one of the world’s paramount derivatives marketplaces, has disclosed its August 2016 volumes, having seen a mixed performance across several components of its business, according to a CME statement.

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During August 2016, CME Group averaged 13.8 million contracts per day, which represented a decline of -2.1% MoM from 14.1 million contracts per day in July 2016. Across a yearly interval, the latest figures also reported a -15.0% YoY drop from 16.3 million contracts per day in August 2015.

Moreover, CME Group’s average daily foreign Exchange (FX) volumes were also notably lower in August 2016, yielding 632,000 contracts for per day compared to 724,000 contracts per day in July 2016, or -12.7% MoM. This fall was also exacerbated over a yearly interval, falling by a factor of -29.0% YoY from 890,000 contracts per day in August 2015.

For the month ending August 2016, CME Group also saw its interest rate volume average come in at 7.05 million contracts per day, which reflected a growth of 3.7% MoM vs. 6.8 million contracts per day in July 2016.

Finally, CME’s equity indexes during August 2016 withered to 2.4 million contracts per day, down -7.7% MoM from just 2.6 million contracts per day in July 2016.