CHICAGO and LONDON, March 10,
2023 /PRNewswire/ -- CME Group, the world's leading
derivatives marketplace, today announced its foreign exchange
futures and options reached a new single-day volume record of 3.15
million contracts on March 8, 2023,
equivalent to $296 billion in USD
notional.
In addition to the overall futures and options volume record,
which represents a 5% increase over the previous record of 3
million contracts set in September 2022, CME Group also
reached trading records in several individual currencies, including
a record of 1.1 million Euro FX
futures and a record 264,000 Canadian
Dollar FX futures. In addition, blocks and exchange for
related positions (EFRP) transactions traded a record 274,000
contracts on March 8, a level 23%
higher than the previous record set in December 2022.
"We are pleased to see strong momentum in our FX futures and
options products as our clients turn to our deep liquidity to
manage their currency exposure amid ongoing market
uncertainty," said Paul Houston,
Global Head of FX Products, CME Group. "We are pleased to offer
clients the flexibility of both our highly liquid, central limit
order book, as well as disclosed, OTC-style block and EFRP trading
now supported by more than 20 liquidity providers."
For more information on CME Group FX products, go
to www.cmegroup.com/fx.
As the world's leading derivatives marketplace, CME Group
(www.cmegroup.com) enables clients to trade futures, options, cash
and OTC markets, optimize portfolios, and analyze data – empowering
market participants worldwide to efficiently manage risk and
capture opportunities. CME Group exchanges offer the widest range
of global benchmark products across all major asset classes based
on interest rates, equity indexes, foreign
exchange, energy, agricultural
products and metals. The company offers futures and
options on futures trading through the CME Globex® platform, fixed
income trading via BrokerTec and foreign exchange trading on the
EBS platform. In addition, it operates one of the world's
leading central counterparty clearing providers, CME
Clearing.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange,
Globex, and, E-mini are trademarks of Chicago Mercantile
Exchange Inc. CBOT and Chicago Board of Trade are trademarks of Board
of Trade of the City of Chicago,
Inc. NYMEX, New York Mercantile Exchange and ClearPort are
trademarks of New York Mercantile Exchange, Inc. COMEX is a
trademark of Commodity Exchange, Inc. BrokerTec and EBS are
trademarks of BrokerTec Europe LTD and EBS Group LTD, respectively.
The S&P 500 Index is a product of S&P Dow Jones Indices LLC
("S&P DJI"). "S&P®", "S&P 500®", "SPY®", "SPX®", US 500
and The 500 are trademarks of Standard & Poor's Financial
Services LLC; Dow Jones®, DJIA® and Dow Jones Industrial Average
are service and/or trademarks of Dow Jones Trademark Holdings LLC.
These trademarks have been licensed for use by Chicago Mercantile
Exchange Inc. Futures contracts based on the S&P 500 Index are
not sponsored, endorsed, marketed, or promoted by S&P DJI, and
S&P DJI makes no representation regarding the advisability of
investing in such products. All other trademarks are the property
of their respective owners.
CME-G
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SOURCE CME Group