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CME Group Announces Trading Volume Record


Posted: 08/15/12

By: tomgrisafi

3263

CME Group has announced a record in daily trading volume for its Brent crude oil futures contract. These contracts are listed by and subject to the rules of NYMEX.

Brent Crude Oil Last Day Financial Futures trading volumes jumped yesterday to 21,997 contracts, a 70 percent increase over the previous record of 12,893 set on June 7, 2012, and a nearly 300 percent increase over the average daily volume of 5,645 contracts in June 2012.

"We've seen strong, consistent growth in our Brent futures and options contracts so far this year," said Kendal Vroman, Senior Managing Director, Commodities and Information Products and Services at CME Group. "CME Group is the only market that offers the three global benchmarks (NYMEX WTI, NYMEX Brent and DME Omani crude) on a single platform, alongside the broadest slate of energy futures and options contracts."

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