Chicago Mercantile Exchange (CME) has announced that on 9 December trading on the exchange, excluding non-traditional Trakrs futures contracts, surpassed 1bn contracts for the first time in its 107-year history. Year-to-date, trading volume was up 32% on this time last year, with 70% of all contracts executed on the exchange's electronic trading platform, Globex. Average daily volume for the year so far was 4.2m.
CME also set several FX volume records on 12 December, including a new total FX volume record of 872,271 futures and options contracts. This surpassed the previous record of 748,050 futures and options on futures contracts traded achieved on 8 June. In addition, record volume of 622,329 contracts was traded on Globex, representing 71% of total FX volume. This broke the previous CME electronic FX...