CME Group Announces Trading Volume Record for its Gold Futures Contracts
CHICAGO, Nov. 29, 2012
CHICAGO, Nov. 29, 2012 /PRNewswire/ --CME Group, the world's leading and most
diverse derivatives marketplace, today announced a record in daily trading
volume for COMEX Gold Futures. These contracts are listed by and subject to
the rules of COMEX.
On November 28, COMEX Gold Futures reached a record daily volume of 486,315
contracts, surpassing the previous record of 484,721 set on May 29, 2012.
"Our Gold Futures contract continues to be the most liquid and transparent
benchmark in the global gold marketplace," said Harriet Hunnable, Managing
Director, Metals Products, CME Group. "This record volume is indicative of
investors' reliance on gold futures to manage their exposure to changing world
events as well as supply and demand factors in the metals marketplace."
CME Group has shown robust activity across many metals products this week
which has pushed average daily volume (ADV) for its metals complex above
415,000 contracts so far in November, marking the second time this year that
monthly ADV has edged higher than 400,000 contracts.
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 world's leading
central counterparty clearing providers, which offers clearing and settlement
services across asset classes for exchange-traded contracts and
over-the-counter derivatives transactions. These products and services ensure
that businesses everywhere can substantially mitigate counterparty credit
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. Further information about CME Group
(NASDAQ: CME) and its products can be found at www.cmegroup.com.
SOURCE CME Group
Contact: Media, Damon Leavell, +1-212-299-2547, or Fleur Howard, +44 20 3379
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