High Volatility - record number of contracts in Gold & AUD on CME

Friday, 12/08/2011 | 12:30 GMT by Adil Siddiqui
High Volatility - record number of contracts in Gold & AUD on CME

Volatility in the markets stirred by US's ratings, central bank intervention and general skepticism has been causing markets to move rapidly in the last week. Unfavorable for some the spikes have triggered uptake in volumes.

CME Group Inc, the biggest operator of U.S. futures exchanges, said a record 25.7 million contracts changed hands across all asset classes on Tuesday, Aug. 9, with futures and options in gold and the Australian dollar in particular setting new records.

The Chicago Board Options Exchange 's Volatility Index, known as the VIX, has set new volume records and hit a level of 48 on Tuesday. The VIX has not been that high since March 2009.

Grab your latest copy of the Forex Magnates Retail Forex Industry Report.

Volatility in the markets stirred by US's ratings, central bank intervention and general skepticism has been causing markets to move rapidly in the last week. Unfavorable for some the spikes have triggered uptake in volumes.

CME Group Inc, the biggest operator of U.S. futures exchanges, said a record 25.7 million contracts changed hands across all asset classes on Tuesday, Aug. 9, with futures and options in gold and the Australian dollar in particular setting new records.

The Chicago Board Options Exchange 's Volatility Index, known as the VIX, has set new volume records and hit a level of 48 on Tuesday. The VIX has not been that high since March 2009.

Grab your latest copy of the Forex Magnates Retail Forex Industry Report.

About the Author: Adil Siddiqui
Adil Siddiqui
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