BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR PRIVACY & COOKIE NOTICE
X


CME Group reports record average daily metals trading volume in 2017

London (Platts)--3 Jan 2018 857 am EST/1357 GMT


CME Group's metals trading volume averaged a record 568,000 contracts/day in 2017, up 23% from 460,000 contracts/day in 2016, the US exchange group said Wednesday.

In December, metals volumes averaged 531,000 contracts/day, up 48% from December 2016, while the Q4 average was up 26% year on year at 616,000 contracts/day.

In December, gold futures and options average daily volume was up 47% year on year to 303,000 contracts, while silver futures and options average daily volume was up 29% to 126,000 contracts.

Copper futures and options average daily volume was up 74% year on year at 119,000 contracts, CME said.

CME's suite of metals products includes precious metals (gold, silver, platinum and palladium), base metals (copper, aluminum, aluminum alloy, alumina, zinc and lead) and ferrous metals (iron ore, ferrous scrap and hot rolled coil).

--Andy Blamey, andy.blamey@spglobal.com
--Edited by Jonathan Loades-Carter, jonathan.carter@spglobal.com

Learn more about:
Platts metals market reports

S&P Global Platts metals market reports feature global news, analysis, daily pricing, and commentary on major metals including aluminum, copper, lead, tin, zinc and precious metals, as well as ferroalloys and steel.

If you would like to learn more about Platts nonferrous metals products or services, fill out our contact form and a member of Platts staff will be in touch.

Platts metals reports will help you monitor global events and quickly spot opportunities or potential pitfalls, and help you make better, well-informed business decisions.

Contact Us




Copyright © 2018 S&P Global Platts, a division of S&P Global. All rights reserved.