Grainnet

Chicago—CME Group, the world's largest and most diverse derivatives exchange, announced July 2 that June volume averaged 11.4 million contracts per day, down 20 percent from June 2008, but up 6 percent from May 2009.

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Total volume was 251 million contracts for June, of which 79 percent was traded electronically. Electronic volume averaged 9.0 million contracts per day, down 21 percent from the prior June, but up 6 percent sequentially.

"In the current financial environment, we are encouraged by record 2009 monthly volume across major products lines, from interest rates and foreign exchange to commodities and alternative investments," said CME Executive Chairman Terry Duffy.

"In addition, the 33 percent increase in over-the-counter volume cleared through CME ClearPort is a good indicator that the OTC market continues moving toward the safety and soundness our cleared solution offers."

"Improvements in credit and lending markets and significantly increased Treasury issuance have positively impacted CME Group's interest rate volumes and open interest in June," said CME Group Chief Executive Officer Craig Donohue.

"Reduced volatility and improvements in market depth have resulted in record volume of more than 6 million Eurodollar futures contracts on June 5."

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