CHICAGO, Nov. 5, 2021 /PRNewswire/ -- CME Group, the
world's leading and most diverse derivatives marketplace, today
announced that Micro WTI Crude Oil futures volume surpassed 5
million contracts on Thursday, November 4,
2021. On the same day, Micro WTI Crude Oil futures reached a
record 151,131 contracts traded, breaking its previous single day
volume total of 100,725 contracts set on Wednesday, November 3, 2021.
"With demand returning to pre-pandemic levels and uncertainty
around supply, Micro WTI Crude Oil futures are helping a broader
range of clients access these markets in a more efficient way,"
said Peter Keavey, Global Head of
Energy at CME Group. "We are pleased with the strong client
interest we are seeing for these smaller-sized contracts across the
globe, which is reflective of the vital role WTI serves in the
market today. We look forward to continuing to provide the
transparency and price discovery traders need to effectively manage
their exposure to crude oil."
Micro WTI futures are one-tenth the size of the benchmark WTI
Crude Oil futures and are listed on and subject to the rules of
NYMEX. For product information or to learn more about trading
futures, please visit: https://cmegroup.com/micro-wti.
As the world's leading and most diverse 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. With a range
of pre- and post-trade products and services underpinning the
entire lifecycle of a trade, CME Group also offers optimization and
reconciliation services through TriOptima, and trade processing
services through Traiana.
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, EBS, TriOptima,
and Traiana are trademarks of BrokerTec Europe LTD, EBS Group LTD,
TriOptima AB, and Traiana, Inc., respectively. Dow Jones, Dow Jones
Industrial Average, S&P 500 and S&P are service and/or
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property of their respective owners.
CME-G
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SOURCE CME Group