The world’s largest derivatives market CME (The Chicago Mercantile Exchange), announced that its forex volume was up 4% in May 2017 compared to April 2017 and 15% up compared to May 2016. Also, its overall daily contract volume averaged at 16.5 million contracts which is 0.2 million higher than in April.

Some important highlights from the report

FX

  • Increased Japanese Yen futures and options ADV 35 percent to 157,000 contracts
  • Reached Euro FX futures and options ADV of 203,000 contracts, up 11 percent
  • Grew British Pound futures and options ADV 6 percent to 110,000 contracts
  • Increased ADV of Emerging Market currency pairs futures and options, with Indian Rupee up 222 percent, South African Rand up 144 percent, Russian Ruble up 133 percent and Brazilian Real up 16 percent

Metals

  • Grew Gold futures and options ADV 3 percent to 334,000 contracts
  • Increased Silver futures and options ADV 52 percent to 94,000 contracts
  • Achieved 17 percent year-over-year growth for base metals for the month, including Copper futures and options, which averaged more than 85,000 contracts per day, up 17 percent from May 2016

Energy

  • Grew WTI Crude Oil futures and options ADV 25 percent to 1.5 million contracts, including WTI Crude Oil options growth of 45 percent to 263,000 contracts
  • Increased Natural Gas futures and options ADV 26 percent to 587,000 contracts, with 32 percent growth in electronic Natural Gas futures and options ADV
  • Grew Refined Products futures and options ADV 5 percent to 393,000 contracts
  • Reached Gasoline futures ADV of 200,000 contracts
  • Achieved Henry Hub Natural Gas options ADV of 124,000 contracts, up 46 percent