CME E-mini S&P 500 Options More Than Double Previous Volume Record
Technology Enhancements for Equity Options to Launch on Oct. 9
CHICAGO, Oct. 6, 2005 â CME, the worldâs largest and most diverse financial exchange, set a new volume record on Wednesday, October 5, for options on CME E-mini® S&P 500® futures with 107,985 contracts traded, more than double the previous record of 45,903 contracts set on Sept. 15, 2005. Open interest also reached a new level at 334,123 positions.
Average daily volume in CME E-mini S&P 500 options has grown from 9,417 in the first quarter of 2005 to 15,980 contracts traded in the third quarter. In September CME E-mini S&P 500 options averaged a record 20,540 contracts per day.
Beginning on Sunday, October 9, CME is implementing technology enhancements, including mass quoting capabilities for market makers, which will further facilitate trading of its electronically traded equity and foreign exchange products including CME E-mini S&P 500 options.