CME Group FX Futures and Options Open interest Hits All-Time High | LeapRate
CME Group said Monday that its FX futures and options reached a new open interest record of 4,410,167 contracts on 4 September, surpassing the previous high of 4,269,622 contracts set on 11 June.
The derivatives exchange operator revealed that the number of large open interest holders in FX futures reached an all-time high of 1,446, as noted by the Commodity Futures Trading Commission’s Commitment of Traders report on 25 August.
Asset managers exceeded $200 billion in FX futures notional open interest for the first time.
“The record participation we’re seeing underscores growing buy-side demand for the capital efficiencies, transparency and central clearing that futures provide,” said Paul Houston, global head of FX products at CME Group. “From major currencies to emerging markets, clients are increasingly using our FX futures and options to manage risk across a broader range of currency pairs than ever before.”
The record reflects continued growth in participation across CME Group’s FX suite, which spans major currencies through to emerging markets.
The exchange said clients are using its FX futures and options to manage risk across a wider range of currency pairs than before.
