- Record open interest of 17,222,551 contracts reached on
May 12, representing $2 trillion in notional value
- Fifth consecutive day of record open interest for U.S.
Treasury futures
CHICAGO, May 15, 2023
/PRNewswire/ -- CME Group, the world's leading derivatives
marketplace, today announced that open interest (OI) in its U.S.
Treasury futures reached a record 17,222,551 contracts on
May 12, the fifth consecutive day of
record OI. Prior to the record week, the previous OI record of
16,698,659 contracts was set on February
19, 2020.
"Market participants continue to turn to our deeply liquid U.S.
Treasury futures in record numbers as they navigate historic
uncertainty and manage fixed income risk," said Agha Mirza, CME Group Global Head of Rates and
OTC Products. "With growing demand for risk transfer in the world's
largest bond market, reaching a record 1,697 large OI holders
earlier this year, we remain focused on providing capital and
operational efficiencies across our global client base."
CME Group provides the market's leading electronic, central
limit order book for every tenor of U.S. Treasury futures, which
trade side-by-side on the CME Globex platform with BrokerTec cash
securities. In addition, clients benefit from the flexibility of
privately negotiated transactions in the form of blocks, exchange
for risk (EFR) and exchange of futures for physical (EFP)
agreements under the rules of CBOT. Clients using these tools to
manage risk include sovereigns, banks, asset managers, hedge funds,
principal trading firms and other institutions.
Since U.S. Treasury futures began trading on CME Globex in
January 2008, OI in these products
has nearly tripled, growing from 6 million contracts to Friday's
record 17.2 million contracts.
For more information, please
visit https://www.cmegroup.com/trading/interest-rates/us-treasury.html.
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
View original
content:https://www.prnewswire.com/news-releases/cme-group-us-treasury-futures-open-interest-surpasses-record-17-million-contracts-301825032.html
SOURCE CME Group