Commodities Buzz: CME Agri Derivatives Open Interest Hits Record High

CME Group, the leading derivatives exchange globally, has announced that it reached an all-time daily open interest record of 10,054,696 agricultural futures and options contracts on June 19, 2018. The previous open interest record was 10,042,694 contracts, set on June 15, 2018. In addition, CME Groups suite of agricultural futures and options reached an all-time daily volume record of 3,197,646 agricultural futures and options contracts traded on June 19, surpassing the previous record of 3,002,818 contracts set on April 4, 2018. A record 752,425 Grain and Oilseed options contracts were traded on June 19, surpassing the previous record of 730,505 contracts set on June 26, 2015. A record 363,729 Corn options contracts were traded on June 19, surpassing the previous record of 326,324 contracts set on June 21, 2016. A record 3,720 large open interest holders (LOIH) reached on May 29, surpassing the previous record of 3,691 LOIHs on May 1, 2018. Total of 446,526 combined agricultural futures and options contracts traded outside of US trading hours, the second highest of 2018. Year-to-date, CME Group agricultural futures and options average daily volume has increased 23% to 1.6 million contracts per day.