Last Updated :
04 February 2009 at 11:55 IST
CME Jan trading volume dips by 41 percent
Commodity Online
CHICAGO : World's largest and most diverse derivatives exchange, Chicago Mercantile Exchange on Tuesday said its trading volume in January decreased 41 percent year-on-year.
In a statement issued here the CME said, the falling trading volume is a result of the current global recession as credit was no longer easily available, which limited the amount of borrowed money used in trading.
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CME Group's interest rate trading volume averaged 3.6 million contracts per day in January, down 59 percent compared with the same period last year.
E-mini equity index volume averaged 2.9 million contracts per day in January, a decrease of 26 percent year-on-year. Equity standard volume in January also fell by 36 percent year-on-year.
CME Group commodities and alternative investments volume totaled 655,000 contracts in average per day, falling 28 percent from January 2008.
MCX Tin 30 March 2012
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