03 Oct 2012 Last updated at 01:08:13 GMT

Metals volume dips 18% Y-o-Y in September: CME Group

Metals volume dips 18% Y-o-Y in September: CME Group

CHICAGO (Scrap Monster): CME Group reports metals volume averaged 374,000 contracts per day in September, down 18% from 453,000 in the same month last year.

However, this was up 29% from 290,000 in August. Meanwhile, for the recently completed third quarter, metals volume averaged 327,000 contracts, down 28% from 454,000 in the same period a year ago.

Also, the July-September average of 327,000 contracts daily is down from the three-month rolling averages of 330,000 as of the end of August, 370,000 as of the end of July and 372,000 as of the end of June.

CME Group is the world's leading and most diverse derivatives marketplace.

 

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