CME Group, the world’s leading derivatives marketplace, announced that open interest in its deeply liquid SOFR futures set a new record of 12,701,232 contracts onAugust 28, as the product’s average daily volume (ADV) reached a record 3.5 million contracts year-to-date. “As market partic...
CME Group’s SOFR futures reached record trading volumes after the last Federal Open Market Committee meeting and as regulators have urged a shift from the Libor reference rate. Five-day average daily volumes in CME’s SOFR futures rose to 223,000 contracts, including on the day of the FOMC...
In addition, SOFR futures and options volume climbed 48% to 6.3 million contracts and the company's BrokerTec cash U.S. Treasury notional volume hit a year-to-date record of $249 billion on August 5. In addition, new August ADV records were set across equity index, agricultural, foreign ...
As the world's leading 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 Groupexchanges offer th...
CME Group announced that, as part of its SOFR First for Options initiative set for June and July, it will take additional steps to build on the growth previously observed in SOFR futures to enhance SOFR options trading based on a deep and liquid marketplace. ...
reflecting a 36% jump in interest rates to a record ADV of 14.9 million contracts. This was driven by a 35% rise in SOFR futures to a record ADV of 4.1 million contracts and 31% growth in Treasuries to a record ADV of 8.4 million contracts. In addition, our commodities v...
The new 12 month Term rate will complement the one month, three month and six month Term SOFR rates already supported by the US exchange CME Group has said it will launch this month a 12 month Term SOFR rate, marking the latest product from the US group as the industry prepares for life...
On July 29, 2021, the Alternative Reference Rates Committee (ARRC) formally recommended CME Group's forward-looking Secured Overnight Financing Rate (SOFR) term rates ("SOFR Term Rates"),1 marking a key step in the transition away from U.S. dollar LIBOR and providing market...
Thanks, Terry and thanks Alex for the question. We are very pleased with the progress we have made in the SOFR transition. SOFR futures traded 2.6 million contracts a day in September, while SOFR options traded more than 850,000 contracts per day. SOFR futures are now trading more than dou...
CME Group (CME) Risk Factors Follow 1,692 FollowersPortfolio Public companies are required to disclose risks that can affect the business and impact the stock. These disclosures are known as “Risk Factors”. Companies disclose these risks in their yearly (Form 10-K), quarterly earnings (Form ...