This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

CME Group Announces Record Open Interest And Large Open Interest Holders In Its Suite Of FX Products

CHICAGO, March 8, 2013 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, announced it achieved record Open Interest yesterday in its global suite of FX products. A record US$278 billion (FX futures = US$167 billion/FX Options US$111 billion equivalent to 2.4 million contracts) was posted yesterday on CME. CME Group's FX futures are listed by and subject to the rules of CME. In addition, the company announced a record number of 915 Large Open Interest Holders in FX, which is a 15% increase year over year.

"The continued momentum and interest in our full suite of regulated FX products validates our central counter party clearing model and the need to manage and offset risk in today's volatile currency markets," said Derek Sammann, CME Group, Senior Managing Director, Interest Rates and FX Products. "As we see the regulatory environment continue to evolve, in particular with Basel III, the value proposition of exchange traded futures provides firms an alternative to efficiently manage capital and margin compared with the over the counter and Non Deliverable Forward markets. The next step to build on for our FX offering is being a significant part of the launch of CME Europe, our new derivatives exchange based in London, expected to launch later this year pending regulatory approval."

As the owner of the world's largest regulated FX marketplace, serving a diverse range of market participants that includes banks, hedge funds, CTAs, proprietary trading firms, multinational companies and active individual traders, CME Group offers a full product suite of  60 futures and 31 options contracts reflecting an average daily notional value of US$125 billion in 2013. In addition, the company provides OTC clearing services for 12 OTC Non-Deliverable Forward currency pairs, as well as 26 Cash Settled Forwards. 

You can learn more about how to use the CFTC Commitments of Traders report for FX from the following links:

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,279.74 +13.75 0.08%
S&P 500 2,010.40 -0.96 -0.05%
NASDAQ 4,579.7890 -13.6380 -0.30%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs