CME hits volume records for steel
Keywords:
Tags
Chicago Mercantile Exchange,
CME Group,
U.S. Midwest Domestic Hot-Rolled Coil Steel Index,
futures contracts,
options contracts,
steel futures,
steel
NEW YORK The Chicago Mercantile Exchange reached record trading volumes on its U.S. Midwest Domestic Hot-Rolled Coil Steel Index futures and options contracts in February, CME Group Inc. announced March 5.
The U.S. Midwest Domestic Hot-Rolled Coil Steel Index futures hit a record of 6,619 contracts in February, exceeding the previous record of 6,214 contracts set in January 2012.
U.S. Midwest Domestic Hot-Rolled Coil Steel Index Average Price options also recorded a monthly record of 1,350 contracts, surpassing the previous record of 1,000 set in August 2012.