- Record Interest Rate and Equity Index volume
- Record SOFR futures volume
- Record 30 Day Fed Funds futures volume
CHICAGO, March 14,
2023 /PRNewswire/ -- CME Group, the world's
leading derivatives marketplace, today reported its highest daily
volume on record, with 66,250,862 contracts traded on March 13. This follows the company's fourth
highest daily volume on March 10,
when 56,433,765 contracts traded.
"Given the extreme volatility in today's environment,
exacerbated by the recent failures of Silicon Valley Bank and
Signature Bank, we are seeing a flight to futures as participants
turn to our deeply liquid markets," said CME Group Chairman and
Chief Executive Officer Terry Duffy.
"The importance of risk management cannot be
overstated. Our futures and options on futures products are
doing what they were designed to do, as investors seek to protect
their portfolios amid heightened volatility."
The company also reached the following daily records across its
Interest Rate and Equity Index complexes on March 13:
- Record Interest Rate futures and options volume of 41,904,908
contracts
-
- Record SOFR futures volume of 15,548,464 contracts
- Record SOFR options volume of 5,974,351 contracts
- Record 30 Day Fed Funds futures volume of 2,258,410
contracts
- Record Equity Index futures and options volume of 17,805,973
contracts
-
- Record Micro E-Mini S&P 500 futures volume of 2,895,971
contracts
- Record E-Mini Russell 2000 futures volume of 1,053,544
contracts
- Record Micro E-Mini Dow Jones futures of 607,411 contracts
About CME Group
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