Chicago Mercantile Exchange (CME) currency futures hit a
record volume in March, and it appears the product sector is
well on its way back to prominence at the exchange.
Aided in large part to side-by-side trading on Globex and
the pits, the currency futures sector averaged 160,009
contracts per day in March, up from to 122,805 in 2002. And in
the first quarter average daily fx volumes reached 126,535
contracts, up from 96,032 in Q1 2002. The fx futures volume
record of 3.1m in March included new records in Euro fx futures
which hit 977,919; Canadian dollar futures 475,496; and
Australian dollar futures 172,785 contracts.
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