CME Group interest rate product volume averaged a record 9.8 million contracts per day in August, up 67 percent from August 2006. CME Group achieved monthly total volume records in Eurodollars, 5-year and 2-year U.S. Treasury Notes of 5.6 million, 1.1 million and 468,000 contracts per day, respectively.
All references to volume and rate per contract information in the text of this document exclude our non-traditional TRAKRS products, for which CME Group receives significantly lower clearing fees than other CME Group products, and Swapstream products.
During August, a record 10 percent of Eurodollar options traded electronically and 24 percent of Treasury and Bond options were traded electronically, and a combined 12 percent of interest rate options were traded electronically.
CME Group foreign exchange product volume averaged 641,000 contracts per day in August, up 67 percent compared with the year-ago period, reaching the highest non-roll month average daily volume ever. Electronic foreign exchange volume averaged a record 608,000 contracts per day, up 75 percent compared with August 2006. August foreign exchange futures and options volume represented a notional value of $79 billion.
CME Group commodities and alternative investment products volume averaged 676,000 contracts per day in August, up 13 percent compared with the same period a year ago. Corn futures volume averaged 189,000 contracts per day, up 3 percent from August 2006. Soybean futures averaged 101,000 contracts per day, up 42 percent, and wheat futures averaged 92,000 contracts per day, up 27 percent. CME Group electronic commodities and alternative investments volume was 52 percent of total CME Group commodities and alternative investments volume in August.
NYMEX energy and metals volume on the CME Globex platform in August averaged a record 774,000 contracts per day, increasing 5 times the average daily volume for the same period a year ago.