CHICAGO, USA (Commodity Online): CME Group, the world's largest and most diverse derivatives marketplace, has announced that September volume averaged 10.5 million contracts per day, down 32 percent from the near record average daily volume in September 2008, but up 3 percent from August.

Total volume was 222 million contracts for September, of which 82 percent was traded electronically. Electronic volume averaged 8.6 million contracts per day, down 32 percent from the prior September, but up 5 percent compared with August 2009. Average daily volume cleared through CME ClearPort was 489,000 contracts for September 2009, up 5 percent compared with September 2008. CME Group year-to-date volume through September averaged 10.3 million contracts per day.

CME Group interest rate volume averaged 4.4 million contracts per day, down 38 percent compared with September 2008. CME Group equity index volume averaged 3.0 million contracts per day, down 41 percent compared with record September 2008, but up 22 percent from August 2009. CME Group foreign exchange (FX) volume experienced its highest monthly level to date in 2009, averaging 756,000 contracts per day, with notional value of approximately $98 billion, down 9 percent compared with the prior September.

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CME Group commodities and alternative investments volume averaged 639,000 contracts per day, down 13 percent from September 2008. CME Group energy volume (including volume cleared through CME ClearPort) averaged 1.6 million contracts per day for September 2009, up 3 percent compared with the same period last year. CME Group metals volume (including volume cleared through CME ClearPort) averaged 226,000 contracts per day for September 2009, down 20 percent compared with the prior September, but up 23 percent from August 2009.

Third-quarter volume averaged 10.1 million contracts per day, down 23 percent from third-quarter 2008. Compared with second-quarter 2009, third-quarter interest rates volume increased one percent, FX volume increased 16 percent, energy volume increased 6 percent and metals volume increased 6 percent. In addition, third-quarter average daily volume cleared through CME ClearPort was 453,000 contracts, up 2 percent compared with third-quarter 2008.

Average daily volume and rate per contract figures from 2008 have been revised due to standardizing NYMEX reporting conventions to follow CME's treatment of post-trade transactions such as exercises, assignments and deliveries.

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