CME Sets Single-Day Globex, Eurodollar Globex Vol Record
05/10/2004
Dow Jones News Services
(Copyright © 2004 Dow Jones & Company, Inc.)
Chicago, May 10 (OsterDowJones) - Chicago Mercantile Exchange set a total
single-day trading volume record Friday of 6.5 million contracts, exclusive of
CME's non-traditional Trakrs contracts, the exchange said Monday.
Friday's volume topped the previous single-day record of 5.5 million
contracts set on March 5. Total volume on Globex reached 2.85 million
contracts, surpassing the previous record of 2.6 million contracts traded on
March 11. The 3.67 million contracts traded on CME's trading floors also was
an all-time record.
Interest rate products reached a record 4.6 million contracts. A record
3.2 million Eurodollar futures and 1.3 million Eurodollar options were
traded. Also on Friday, more than 1.1 million Eurodollar futures contracts on
Globex were traded, surpassing by 39% the previous record of 811,443 set on
April 21.
The overall volume record at CME included strength in all CME product
areas, with more than 1.5 million E-mini equity index contracts, more than
250,000 foreign exchange contracts, and commodity contracts approached 50,000.
Additional daily individual product records worth noting included the
Mexican peso future on Globex, with more than 10,000 contracts, and the E-mini
S&P 400 Midcap, which totaled approximately 24,000 contracts.
Open interest in all CME products stood at almost 38 million contracts at
the end of Friday's trading session, and interest rate product open interest
exceeded the 20 million level, with Eurodollar futures and options both at
record open interest levels. Open interest represents contract positions that
remain open at the end of the trading day.
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Theopolis Waters, OsterDowJones, (312) 715-6279
twaters@osterdowjones.com
AI
