News Column

CME Group Announces Record Trading Volume for NYMEX Brent BZ and British Pound Futures GBP/USD

July 5, 2014



By a News Reporter-Staff News Editor at Investment Weekly News -- CME Group, the world's leading and most diverse derivatives marketplace, announced it reached trading volume records for both its NYMEX Brent (BZ) crude oil futures and British pound (GBP/USD) futures contracts yesterday, June 12, 2014. Trading volume for NYMEX Brent reached 112,446, compared to August 12, 2013, the last record day, when volume reached 104,839 contracts. Trading volume for British pound futures reached 337,633 contracts, compared to the previous record on May 7, 2010, of 307,280 contracts.

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Average daily volume for NYMEX Brent is at a record high of over 75,000 so far in June, and open interest was at its fourth highest level yesterday of 96,094 contracts. Similarly, so far in June, we are seeing the highest average daily volume for British pound futures since May 2010 with 161,000 contracts. Open interest is at its sixth highest level and 41 percent higher than the same day last year with 414,145 contracts.

NYMEX Brent crude oil futures contracts are listed by and subject to the rules of the New York Mercantile Exchange. British pound futures contracts are listed by and subject to the rules of the Chicago Mercantile Exchange.

As the world's leading and most diverse derivatives marketplace, CME Group (www.cmegroup.com) is where the world comes to manage risk. CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. CME Group brings buyers and sellers together through its CME Globex() electronic trading platform and its trading facilities in New York and Chicago. CME Group also operates CME Clearing, one of the world's leading central counterparty clearing providers, which offers clearing and settlement services across asset classes for exchange-traded contracts and over-the-counter derivatives transactions. These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk.

CME Group is a trademark of CME Group Inc. The Globe Logo, CME, Globex and Chicago Mercantile Exchange are trademarks of Chicago Mercantile Exchange Inc.CBOT and the Chicago Board of Trade are trademarks of the Board of Trade of the City of Chicago, Inc.NYMEX, New York Mercantile Exchange and ClearPort are registered trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. All other trademarks are the property of their respective owners. Further information about CME Group (NASDAQ: CME) and its products can be found at www.cmegroup.com.

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Keywords for this news article include: CME Group, Banking and Finance.

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Source: Investment Weekly News


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