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CME Group Reaches New Milestones in Aluminum Futures as New Clients Double

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CME Group, the world's leading derivatives marketplace, reported a significant increase in market participants trading Aluminum futures, with 406 unique accounts in April, doubling from the previous year. Average daily open interest also rose by 11%, and ADV saw a 70% increase year-over-year. The company's base metals complex, including Copper futures and options, achieved record numbers in April. The first physical transaction referencing CME Group Aluminum futures pricing occurred, indicating strong commercial demand for transparent markets.

CME Group, leader mondiale nel mercato dei derivati, ha segnalato un notevole incremento dei partecipanti che scambiano i future sull'Alluminio, con 406 conti unici ad aprile, raddoppiando rispetto all'anno precedente. Anche l'interesse aperto medio giornaliero è aumentato dell'11%, mentre l'ADV ha registrato un incremento del 70% su base annua. Il complesso dei metalli di base della compagnia, che include future e opzioni sul Rame, ha raggiunto numeri record ad aprile. Si è verificata anche la prima transazione fisica che fa riferimento ai prezzi dei future sull'Alluminio di CME Group, indicando una forte domanda commerciale per mercati trasparenti.
CME Group, el principal mercado de derivados del mundo, informó un aumento significativo en los participantes del mercado que operan futuros de Aluminio, con 406 cuentas únicas en abril, el doble que el año anterior. El interés abierto medio diario también creció un 11%, y el ADV experimentó un aumento del 70% respecto al año anterior. El complejo de metales básicos de la empresa, incluidos los futuros y opciones de Cobre, alcanzó cifras récord en abril. Asimismo, se realizó la primera transacción física referenciando la cotización de los futuros de Aluminio del CME Group, lo que indica una fuerte demanda comercial por mercados transparentes.
세계 최대 파생 상품 시장인 CME Group은 4월에 알루미늄 선물 거래에 참여하는 시장 참여자가 전년 대비 두 배 증가한 406개의 고유 계정을 기록했다고 보고했습니다. 평균 일일 미결제약정도 11% 상승했으며, 연간 대비 ADV는 70% 증가했습니다. 이 회사의 기초 금속 복합체, 구리 선물 및 옵션을 포함, 4월에는 기록적인 수치를 달성했습니다. CME Group의 알루미늄 선물 가격을 참조하는 첫 번째 물리적 거래가 이루어져 투명한 시장에 대한 강력한 상업적 수요를 나타냈습니다.
CME Group, le premier marché mondial de produits dérivés, a rapporté une augmentation significative des participants au marché négociant des contrats à terme sur l'aluminium, avec 406 comptes uniques en avril, soit le double par rapport à l'année précédente. L'intérêt ouvert moyen quotidien a également augmenté de 11%, et l'ADV a connu une hausse de 70% par rapport à l'année précédente. Le complexe des métaux de base de l'entreprise, y compris les futures et options sur le cuivre, a atteint des chiffres record en avril. La première transaction physique référençant la tarification des futures sur l'aluminium du CME Group a eu lieu, indiquant une forte demande commerciale pour des marchés transparents.
CME Group, der weltweit führende Marktplatz für Derivate, berichtete über einen signifikanten Anstieg der Marktteilnehmer, die Aluminium-Futures handeln, mit 406 einzigartigen Konten im April, eine Verdoppelung gegenüber dem Vorjahr. Das durchschnittliche tägliche offene Interesse stieg ebenfalls um 11%, und der ADV verzeichnete einen Anstieg von 70% gegenüber dem Vorjahr. Das Basismetallkomplex der Firma, einschließlich Kupfer-Futures und -Optionen, erreichte im April Rekordzahlen. Es fand auch die erste physische Transaktion statt, die sich auf die Aluminium-Future-Preise von CME Group bezog, was auf eine starke kommerzielle Nachfrage nach transparenten Märkten hindeutet.
Positive

  • The number of market participants trading Aluminum futures doubled from the previous year, reaching 406 unique accounts in April.

  • Average daily open interest increased by 11% compared to the previous year, showcasing growing interest in Aluminum futures.

  • ADV for Aluminum futures rose by 70% year-over-year, indicating increased trading activity and market acceptance.

  • Copper futures and options also achieved record ADV and open interest numbers in April, demonstrating strong performance in the base metals complex.

  • The first physical transaction referencing CME Group Aluminum futures pricing occurred, highlighting significant commercial demand for transparent market solutions.

Negative
  • None.

CHICAGO, May 1, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that the number of market participants trading Aluminum futures has doubled since last year, reaching 406 unique accounts in April, while ADV was up 70% year-over-year, and average daily open interest increased 11%. 

"We continue to grow liquidity in our Aluminum futures, which in turn has increased our contract's acceptance within the industrial metals industry," said Jin Hennig, Managing Director and Global Head of Metals at CME Group. "In addition to doubling our client participation since last year, April marked the first time a physical transaction has referenced our Aluminum futures pricing, which underscores the strong commercial demand we are seeing for our transparent and well-understood markets."

"We are pleased to have executed the first physical contract referencing CME Group Aluminum futures prices after witnessing its growing relevancy over the last few years," said Brian Hesse, CEO of PerenniAL Aluminum. "CME Group has worked diligently to expand participation in their markets and create viable alternative solutions that benefit our clients. We look forward to seeing how these markets continue to grow and evolve to help our industry mitigate price risk effectively." 

CME Group's base metals complex has been growing consistently year-over-year. Copper futures and options also achieved April records, with futures reaching record ADV of 194,937 and options reaching record ADV of 19,513. Copper futures and options reached a combined open interest record of 588,115 contracts on April 24, 2024.

Aluminum (ALI) futures are listed by and subject to the rules of COMEX. For more information please visit here.

As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals.  The company offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform.  In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing. 

CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and E-mini are trademarks of Chicago Mercantile Exchange Inc.  CBOT and Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc.  NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc.  COMEX is a trademark of Commodity Exchange, Inc. BrokerTec is a trademark of BrokerTec Americas LLC and EBS is a trademark of EBS Group LTD. The S&P 500 Index is a product of S&P Dow Jones Indices LLC ("S&P DJI"). "S&P®", "S&P 500®", "SPY®", "SPX®", US 500 and The 500 are trademarks of Standard & Poor's Financial Services LLC; Dow Jones®, DJIA® and Dow Jones Industrial Average are service and/or trademarks of Dow Jones Trademark Holdings LLC. These trademarks have been licensed for use by Chicago Mercantile Exchange Inc. Futures contracts based on the S&P 500 Index are not sponsored, endorsed, marketed, or promoted by S&P DJI, and S&P DJI makes no representation regarding the advisability of investing in such products. All other trademarks are the property of their respective owners.

www.cmegroup.mediaroom.com

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SOURCE CME Group

FAQ

How many unique accounts were trading Aluminum futures in April with CME Group?

406 unique accounts were trading Aluminum futures in April with CME Group, doubling from the previous year.

What was the percentage increase in ADV for Aluminum futures year-over-year?

ADV for Aluminum futures increased by 70% year-over-year, indicating a significant rise in trading activity.

Which industry saw growing acceptance of CME Group's Aluminum futures?

The industrial metals industry witnessed increased acceptance of CME Group's Aluminum futures, driven by enhanced liquidity.

What was the notable achievement in April regarding CME Group's base metals complex?

Copper futures and options achieved record numbers in April, showcasing strong performance within CME Group's base metals complex.

What recent milestone was reached by CME Group in Aluminum futures trading?

CME Group executed the first physical contract referencing Aluminum futures pricing, indicating significant commercial demand for transparent markets.

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About CME

as the world's leading and most diverse derivatives marketplace, cme group (www.cmegroup.com) is where the world comes to manage risk. cme group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. cme group brings buyers and sellers together through its cme globex® electronic trading platform and its trading facilities in new york and chicago. cme group also operates cme clearing, one of the world’s leading central counterparty clearing provider in the world, which offers clearing and settlement services for exchange-traded contracts, as well as for over-the-counter derivatives transactions through cme clearport®. these products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk in both listed and over-the-counter derivatives markets.