CME Reports Uptick in MoM Trading Volumes for August

The (CME) released its  for August of 2018 this Wednesday. According to the exchange operator’s report, trading volumes increased significantly on July and remained approximately the same from a year-on-year perspective.
Wednesday’s report indicates that total average daily trading volume for August of 2018 was 15.9 million contracts. That was a 17 percent increase on July’s 13.5 million contracts.

From a year-on-year perspective things remained constant. August of 2017 saw CME report an average daily trading volume of 16 million contracts – 0.6 percent more than this year.
CME interest rate volumes rise
CME traders were particularly active in the interest rate market this August. The firm reported average daily trading of 8.6 million contracts in interest rate-based products. That was an 11 percent increase from the 7.8 million contracts per day in August 2017 and an approximately 39 percent increase from July’s 6.2 million.
In the , things were also positive. Last August, CME traders averaged 817,000 contracts per day. This year that figure grew by 8 percent to 883,00 contracts per day. That was also a 5 percent increase on July when CME reported an average of 840,000 contracts per day in its FX division.
Options trading remained at approximately the same level for the same period last year, with an average of 3.2 million contracts per day this August. That was a 14.2 percent increase on July when the firm reported average daily trading in options of 2.8 million contracts per day.
Equity index markets were perhaps CME’s poorest performing division in August. The group reported average trading volumes of 2.37 million contracts per day in August for equity indexes. That was an 11 percent decrease from the 2.69 million contracts per day in August of last year but approximately the same as July of 2018.

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