CHICAGO, Aug. 12, 2020 /PRNewswire/ -- CME
Group, the world's leading and most diverse derivatives
marketplace, today announced that Precious Metals markets reached a
record average daily volume (ADV) of 1.55 million contracts on
August 11, surpassing the previous
record of 1.51 million set February
28, 2020. A record 397,000 Silver futures contracts
were traded on August 11, 2020,
surpassing the prior record of 329,000 set on August 7, 2020.
"CME Group is the destination for global precious metals risk
management as clients across the entire value chain use our markets
to manage uncertainty in today's global economy,"
said Young-Jin Chang, Managing Director and Global Head of
Metal Products, CME Group. "We have seen record volumes
through the month of August and continue to focus on providing our
global client base with the tools they need to mitigate risk going
forward."
August 11 was also the
second-highest metals volume day at CME Group on record, with over
1,661,000 contracts traded. CME Group Micro Gold contracts
also reached a record ADV, with 303,000 contracts traded on
August 11, 2020, surpassing the
previous record of 264,000 contracts on July
28, 2020. CME Group E-Mini Silver Futures reached a record
ADV of 3,700 contracts traded, surpassing previous records set in
2011.
For more information on CME Group's metals markets, please see:
www.cmegroup.com/metals.
As the world's leading and most diverse derivatives marketplace,
CME Group (www.cmegroup.com) enables clients to trade futures,
options, cash and OTC markets, optimize portfolios, and analyze
data – empowering market participants worldwide to efficiently
manage risk and capture opportunities. CME Group exchanges offer
the widest range of global benchmark products across all major
asset classes based on interest rates, equity
indexes, foreign exchange, energy, agricultural
products and metals. The company offers futures and
options on futures trading through the CME Globex® platform, fixed
income trading via BrokerTec and foreign exchange trading on the
EBS platform. In addition, it operates one of the world's
leading central counterparty clearing providers, CME
Clearing. With a range of pre- and post-trade products and
services underpinning the entire lifecycle of a trade, CME Group
also offers optimization and reconciliation services through
TriOptima, and trade processing services through Traiana.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange,
Globex, and, E-mini are trademarks of Chicago Mercantile Exchange
Inc. CBOT and Chicago Board
of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York
Mercantile Exchange and ClearPort are trademarks of New York
Mercantile Exchange, Inc. COMEX is a trademark of Commodity
Exchange, Inc. BrokerTec, EBS, TriOptima, and Traiana are
trademarks of BrokerTec Europe LTD, EBS Group LTD, TriOptima AB,
and Traiana, Inc., respectively. Dow Jones, Dow Jones
Industrial Average, S&P 500 and S&P are service and/or
trademarks of Dow Jones Trademark Holdings LLC, Standard &
Poor's Financial Services LLC and S&P/Dow Jones Indices LLC, as
the case may be, and have been licensed for use by Chicago
Mercantile Exchange Inc. All other trademarks are the
property of their respective owners.
CME-G
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SOURCE CME Group