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CME Group Announces Record Soybean Options Volume, Record European Agricultural Volume on February 10

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CME Group announced a record 291,840 Soybean options contracts traded on February 10, 2022, surpassing the previous record of 284,838 set in May 2016. Additionally, 601,447 agricultural futures and options contracts were traded across EMEA on the same day, marking it as a top-ten volume day for Soybean futures with 537,893 contracts. Tim Andriesen, Managing Director of Agricultural Products, noted that this surge reflects the role CME markets play amid global agricultural volatility.

Positive
  • Record 291,840 Soybean options contracts traded on February 10, 2022.
  • 601,447 agricultural futures and options contracts were traded across EMEA.
  • Notable top-ten volume day for Soybean futures with 537,893 contracts.
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  • None.

CHICAGO, Feb. 11, 2022 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that a record 291,840 Soybean options contracts were traded on February 10, 2022, surpassing the previous record of 284,838 options on May 10, 2016. Also on February 10, a record 601,447 agricultural product futures and options contracts were traded across Europe, the Middle East and Africa (EMEA).

February 10 was also a top-ten volume day for Soybean futures, with 537,893 contracts traded.

"As the global agricultural community navigates an increasingly complex volatility environment amid uncertainty around South American production and demand, we are seeing a record number of clients utilize our products, especially options," said Tim Andriesen, Managing Director of Agricultural Products at CME Group. "These records highlight the critical role our markets play in the global economy, and we look forward to helping producers continue to manage this risk this year."

Soybean futures and options are listed by and subject to the rules of CBOT. 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 ratesequity indexesforeign exchangeenergyagricultural 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 and EBS are trademarks of BrokerTec Europe LTD and EBS Group LTD, respectively. Dow Jones, Dow Jones Industrial Average, S&P 500 and S&P are service and/or trademarks of Dow Jones Trademark Holdings LLC, Standard & Poor's Financial Services LLC and S&P/Dow Jones Indices LLC, as the case may be, and have been licensed for use by Chicago Mercantile Exchange Inc.  All other trademarks are the property of their respective owners. 

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Cision View original content:https://www.prnewswire.com/news-releases/cme-group-announces-record-soybean-options-volume-record-european-agricultural-volume-on-february-10-301480844.html

SOURCE CME Group

FAQ

What record did CME Group achieve on February 10, 2022?

CME Group reported a record 291,840 Soybean options contracts traded on February 10, 2022.

How many agricultural contracts were traded in EMEA on February 10, 2022?

On February 10, 2022, 601,447 agricultural product futures and options contracts were traded across EMEA.

What was significant about Soybean futures trading on February 10, 2022?

February 10, 2022, was a top-ten volume day for Soybean futures, with 537,893 contracts traded.

Who commented on the volatility in the global agricultural market?

Tim Andriesen, Managing Director of Agricultural Products at CME Group, commented on the volatility affecting the global agricultural market.

CME Group Inc.

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