CHICAGO, Feb. 26, 2021 /PRNewswire/ -- CME Group, the
world's leading and most diverse derivatives marketplace, today
announced that Secured Overnight Financing Rate (SOFR) futures
reached a daily volume record of 265,511 contracts on February 25, surpassing the previous record of
240,288 contracts on November 19,
2020. SOFR futures open interest also set a new record of
757,943 contracts yesterday, exceeding the prior record of 751,594
contracts on February 24.
"We are pleased with the growth of our increasingly robust SOFR
futures market, as well as the continued development of the overall
SOFR ecosystem at CME Group," said Agha Mirza, Global Head of
Interest Rate and OTC Products, CME Group. "This SOFR
milestone coincides with strong participation in our Eurodollar
futures and options, which traded 14 million contracts yesterday,
the highest volume since the Fed's emergency rate cuts in
March 2020. Going forward, we remain
focused on providing our clients with the broadest array of
cost-efficient, short-term interest rate products they need to
manage their risk."
Additionally, Eurodollar 3-Year Mid-Curve options reached a new
daily volume record of 1.4 million contracts on February 25, surpassing the previous record of
994,059 contracts on February 16.
U.S. Treasury options traded a record 2.9 million contracts on
February 25, exceeding the prior high
of 2.8 million contracts on March 5,
2020.
For more information on CME Group's Interest Rates markets,
please visit www.cmegroup.com/interestrates.
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