CME Group (CME) Announces All-Time Record Contracts Per Day For August, Up 46% Y/Y
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CME Group (NYSE: CME) today announced August volume averaged an all-time record 17.1 million contracts per day, up 46 percent from August 2010, and up 35 percent sequentially.
Total volume for August was 393 million contracts, of which 84 percent was traded electronically. August 2011 month-end open interest reached 100 million contracts, up 7 percent from the same period last year.
"While customers rely on liquidity during all market conditions, it becomes increasingly crucial during times of high market volatility," said CME Group Executive Chairman Terry Duffy. "The market turbulence in August reinforced the need for deep liquidity across time zones, allowing for the decisive action necessary to manage risk in an uncertain environment."
Total volume for August was 393 million contracts, of which 84 percent was traded electronically. August 2011 month-end open interest reached 100 million contracts, up 7 percent from the same period last year.
"While customers rely on liquidity during all market conditions, it becomes increasingly crucial during times of high market volatility," said CME Group Executive Chairman Terry Duffy. "The market turbulence in August reinforced the need for deep liquidity across time zones, allowing for the decisive action necessary to manage risk in an uncertain environment."
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