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CME Group Achieves Record Natural Gas Futures and Options Trading Volume
CME Group has reported a new single-day trading record in its natural gas complex, with 2,576,346 contracts traded on 20 January, representing a 15% increase from the previous daily record of 2,239,081 contracts set on 14 November 2018.
The record comes as demand for heating increases across the United States, prompting market participants to utilise the exchange's natural gas markets for price risk management.
Peter Keavey, Global Head of Energy and Environmental Products, CME Group
Peter Keavey, Global Head of Energy and Environmental Products, CME Group said:
“As demand for heating increases across the U.S., clients are turning to our natural gas markets in record numbers to manage their price risk. We continue to focus on providing market participants with the on screen deep liquidity they need to hedge their positions effectively in any environment.”
Additional records were achieved across the company's natural gas products. Henry Hub options traded 811,662 contracts, up 28% from the previous record. Dutch TTF options volume reached 35,480 contracts, a 202% increase from the previous record.
CME Group is the world's leading derivatives marketplace, enabling clients to trade futures, options, cash and OTC markets. The company's exchanges offer global benchmark products across major asset classes including interest rates, equity indexes, foreign exchange, cryptocurrencies, 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. It operates one of the world's leading central counterparty clearing providers, CME Clearing.
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