After a successful January for most of the forex companies, the derivatives marketplace CME Group Inc has informed that February showed also a good performance. CME published its operating metrics for the month of February 2016, with overall trading volumes rising to a record high, albeit Forex volumes eased from the levels hit in the previous month.
CME reported Forex average daily volume (ADV) reaching 954,000 contracts for February 2016, what is 1.7% lower on the month-on-month basic, below the 970,000 contracts in the previous month. Nevertheless, on a yearly basis, February 2016 saw in incredible jump from February 2015, reaching even 26%.
Last month expeienced a strong performance across all segments, and the CME Group reported that February 2016 volume reached an average of a record 18.7 million contracts per day, 18% higher from February 2015.
As for financial products, interest rate volume averaged 9.6 million contracts a day in February 2016, what is an increase of 11% year on year, touching a record interest rate futures of 7.5 million contracts per day. Treasury futures and options volume also reached a record – as ADVs reached 5.1 million contracts.
Moreover, CME informs that eurodollar options reached an open interest record of 39.6 million contracts last month, and Treasury futures open interest hit an all-time high of 8.5 million contracts.
Equity index volume in February 2016 averaged 3.5 million contracts per day, up 54 percent from February 2015. E-mini futures and options volume averaged 3.3 million contracts per day, up 53 percent. Equity futures averaged 2.8 million contracts per day, up 60 percent from the year-ago period, and equity options were up 33 percent over the same period.
Energy volumes also marked a record, averaging a 2.7 million contracts per day in February 2016= This included record energy futures of 2.4 million contracts per day, record WTI crude oil futures and options of 1.5 million contracts per day, record RBOB gasoline futures of 192,000 contracts per day and record European gas-oil futures of 23,000 contracts per day.
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