– Double-digit year-over-year growth across all product lines in March

– Second highest total quarterly average daily volume ever

– Record quarterly average daily volume for Energy, Commodities and Metals product lines

CME Group, the world’s leading and most diverse derivatives marketplace, today announced March volume averaged 14.4 million contracts per day, up 31 percent from March 2010.  Total volume for March was 331 million contracts, of which a record 85 percent was traded electronically.  First-quarter 2011 volume averaged 13.8 million contracts per day, up 19 percent from first-quarter 2010, representing the second highest quarterly volume ever.

In March 2011, CME Group interest rate volume averaged 6.6 million contracts per day, up 33 percent compared with the prior March.  Treasury futures volume averaged 2.7 million contracts per day, up 48 percent compared with the same period in 2010, and Treasury options volume averaged 329,000 contracts per day, up 34 percent.  Contributing to the Treasury options growth, the newly launched weekly Treasury options grew to 14,000 contracts per day on average in March, up 28 percent from February 2011.  Eurodollar futures volume averaged 2.7 million contracts per day, up 32 percent versus March 2010, and Eurodollar options volume averaged 767,000 contracts per day, up 8 percent.

CME Group equity index volume averaged 3.5 million contracts per day, up 32 percent from March 2010.  CME Group foreign exchange (FX) volume averaged 1.0 million contracts per day, up 11 percent compared with the same period a year ago, reflecting average daily notional value of $134 billion.

CME Group energy volume averaged 1.8 million contracts per day, up 20 percent compared with March 2010.  CME Group agricultural commodities volume averaged a record 1.1 million contracts per day, up 60 percent compared with the prior March.  CME Group metals volume averaged 366,000 contracts per day, up 24 percent compared with the same period last year.

Electronic volume averaged 12.2 million contracts per day, up 34 percent from the prior March, while privately negotiated volume increased 33 percent, to 234,000 contracts per day. Average daily volume cleared through CME ClearPort was 493,000 contracts for March 2011, up 11 percent compared with March 2010.  Highlighting that commercial grain market participants are increasingly using CME Group cleared OTC products as part of their risk management toolkit, Corn Calendar Swaps volume reached a daily record of 11,710 contracts on the last day of the month, surpassing the previous record of 3,331 contracts set on Jan. 12, 2011. Open outcry volume averaged 1.4 million contracts per day in March 2011, up 12 percent versus the prior March.

During the first quarter, CME Group interest rate volume averaged 6.4 million contracts per day, up 25 percent compared with first-quarter 2010.  Treasury futures volume averaged 2.7 million contracts per day, up 32 percent compared with the same period a year ago, and Treasury options volume averaged 324,000 contracts per day, up 19 percent.  Eurodollar futures volume averaged 2.5 million contracts per day, up 26 percent versus first-quarter 2010, while Eurodollar options volume averaged 769,000 contracts per day, up 14 percent compared with the prior first quarter.

First-quarter 2010 CME Group equity index volume averaged 2.9 million contracts per day, up 3 percent.  CME Group FX volume averaged 961,000 contracts per day, up 8 percent compared with the same period a year ago, reflecting average daily notional value of $129 billion.

First-quarter CME Group energy volume averaged a record 2.0 million contracts per day, up 23 percent compared with the same period last year.  The energy complex posted record quarterly average daily volume in multiple contracts, including the global benchmark WTI futures and options, with respective volumes of 829,000 and 170,000 contracts per day; the benchmark Henry Hub Natural Gas Futures, with volume of 321,000 contracts per day, and Heating Oil, with volume of 128,000 contracts per day.

CME Group commodities and alternative investments volume averaged a record 1.2 million contracts per day, up 47 percent from first-quarter 2010.  CME Group metals volume averaged a record 376,000 contracts per day in first-quarter 2011, up 15 percent compared with the prior first quarter.

Electronic volume averaged 11.6 million contracts per day, up 21 percent from the prior first quarter, while privately negotiated volume increased 18 percent to 224,000 contracts per day.  Average daily volume cleared through CME ClearPort was 498,000 contracts for first-quarter 2010, up 5 percent compared with first-quarter 2010.  First-quarter open outcry volume averaged 1.5 million contracts per day, up 11 percent versus first-quarter 2010.

MONTHLY AVERAGE DAILY VOLUME (ADV)
Total Exchange ADV

( in thousands)

Mar 2011 Mar 2010
Trading Days 23 23
PRODUCT LINE Mar 2011 Mar 2010 Percent Change
Interest Rates 6,611 4,961 33%
Equity Index 3,504 2,663 32%
FX 1,003 907 11%
Energy (including CME ClearPort) 1,794 1,497 20%
Commodities 1,108 692 60%
Metals (including CME ClearPort) 366 296 24%
Total 14,385 11,016 31%
VEN UE Mar 2011 Mar 2010 Percent Change
Open outcry 1,445 1,288 12%
CME Globex 12,212 9,105 34%
Privately negotiated 234 177 33%
CME ClearPort (OTC) 493 446 11%
QUARTERLY AVERAGE DAILY VOLUME (ADV)
Total Exchange ADV

( in thousands)

Q1 2011 Q1 2010
Trading Days 62 61
PRODUCT LINE Q1 2011 Q1 2010 Percent Change
Interest Rates 6,424 5,120 25%
Equity Index 2,906 2,816 3%
FX 961 887 8%
Energy (including CME ClearPort) 1,973 1,609 23%
Commodities 1,154 785 47%
Metals (including CME ClearPort) 376 327 15%
Total 13,794 11,544 19%
VEN UE Q1 2011 Q1 2010 Percent Change
Open outcry 1,467 1,318 11%
CME Globex 11,605 9,562 21%
Privately negotiated 224 190 18%
CME ClearPort (OTC) 498 474 5%
ROLLING THREE-MONTH AVERAGES
Average Daily Volume (In thousands)
3-Month Period Ending
PRODUCT LINE Mar-11 Feb-11 Jan-11 Dec-10
Interest Rates 6,424 5,851 5,767 5,566
Equity Index 2,906 2,407 2,510 2,545
FX 961 891 903 887
Energy 1,973 1,846 1,674 1,581
Commodities 1,154 1,057 1,048 1,067
Metals 376 342 391 372
Total 13,794 12,394 12,293 12,018
VEN UE Mar-11 Feb-11 Jan-11 Dec-10
Open outcry 1,467 1,380 1,393 1,418
Electronic 11,605 10,356 10,283 9,978
Privately negotiated 224 210 214 222
CME ClearPort (OTC) 498 447 402 400
Average Rate Per Contract (In dollars)
3-Month Period Ending
PRODUCT LINE Feb-11 Jan-11 Dec-10 Nov-10
Interest Rates 0.485 0.491 0.496 0.498
Equity Index 0.711 0.707 0.702 0.695
FX 0.820 0.811 0.804 0.795
Energy 1.608 1.637 1.631 1.606
Commodities 1.257 1.223 1.219 1.220
Metals 1.706 1.716 1.708 1.733
Total 0.820 0.816 0.813 0.815
VEN UE Feb-11 Jan-11 Dec-10 Nov-10
Exchange-Traded 0.748 0.748 0.748 0.751
CME ClearPort (OTC) 2.735 2.826 2.704 2.579

Average daily volume and rate per contract figures from 2008 have been revised due to standardizing NYMEX reporting conventions to follow CME’s treatment of post-trade transactions such as exercises, assignments and deliveries.

As the world’s leading and most diverse derivatives marketplace, CME Group (www.cmegroup.com) is where the world comes to manage risk.  CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate.   CME Group brings buyers and sellers together through its CME Globex electronic trading platform and its trading facilities in New York and Chicago.  CME Group also operates CME Clearing, one of the largest central counterparty clearing services in the world, which provides clearing and settlement services for exchange-traded contracts, as well as for over-the-counter derivatives transactions through CME ClearPort.  These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk in both listed and over-the-counter derivatives markets.

CME Group is a trademark of CME Group Inc. The Globe Logo, CME, Globex and Chicago Mercantile Exchange are trademarks of Chicago Mercantile Exchange Inc.  CBOT and the Chicago Board of Trade are trademarks of the Board of Trade of the City of Chicago, Inc.  NYMEX, New York Mercantile Exchange and ClearPort are registered trademarks of New York Mercantile Exchange, Inc.  COMEX is a trademark of Commodity Exchange, Inc.  All other trademarks are the property of their respective owners.

CME-G

CONTACT: Media, William Parke, 312.930.3467, or Michael Shore, 312.930.2363, both of CME Group, news@cmegroup.com; or Investor Contact, John Peschier, 312.930.8491, for CME Group

Web Site: http://www.cmegroup.com

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