CME Group's FX Volume Rose in June 18% MoM, 29% YoY

CME Group announced today that its June 2015 volume averaged 14.6 million contracts per day, up 15% from June 2014. Total volume for June 2015 was more than 320 million contracts, of which 88% was traded electronically.

CME foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (FX) volume averaged 987,000 contracts per day, up 29% from June 2014 and 18% from May 2015's 835,385 contracts. The average daily notional value of FX contracts traded in June was $104 billion.

Options volume in June averaged 2.9 million contracts per day, up 28% versus June 2014, with electronic options growing 48% over the same period. CME Group equity index volume in June 2015 averaged 2.9 million contracts per day, up 16% from the same period a year ago.

Interest rate volume averaged 6.9 million contracts per day in June 2015, up 8% compared with June 2014. Treasury average daily volume rose 17%, with Treasury futures volume of 2.7 million contracts per day, up 12% from the same period a year ago. Treasury options volume grew 37% to more than 748,000 contracts per day and included record Weekly Treasury options average daily volume.

Eurodollar futures volume averaged 2.5 million contracts per day, down 5% compared with June 2014. Eurodollar options volume averaged 908,000 contracts per day, up 13%, driven by 84% growth in Eurodollar options traded on Globex. In June, 19% of the Eurodollar options volume traded electronically, the highest monthly percentage since early 2008, and up from 12% electronic a year ago.

In June 2015, CME Group cleared $148 billion in average daily notional value of over-the-counter (OTC) interest rate Swaps Swaps Swaps can be defined as a derivate contact composed of two parties that exchange to cash flow between two separate financial instruments.They are generally divided into two categories. This includes contingent claims (options) and forward claims, where forward contracts, swaps, and exchange-traded funds (ETFs) are exchanged. Commodity price, equity price, interest rate, and foreign exchange rate are common variables used as one of the cash flows in swaps upon initiation. Different Types of Swaps Swaps can be defined as a derivate contact composed of two parties that exchange to cash flow between two separate financial instruments.They are generally divided into two categories. This includes contingent claims (options) and forward claims, where forward contracts, swaps, and exchange-traded funds (ETFs) are exchanged. Commodity price, equity price, interest rate, and foreign exchange rate are common variables used as one of the cash flows in swaps upon initiation. Different Types of Swaps Read this Term. Month-end OTC interest rate swap open interest was $24 trillion, which represents 63% of clients' total cleared OTC interest rate swap open interest. Average daily trade count for the month was 2,197.

Second-quarter 2015 volume averaged 13.3 million contracts per day, up 6% from second-quarter 2014, while FX average daily volume grew 42% in the same period.