How Did CME’s Average Daily Volume By Product Change Last Year?

CME Group saw 2% volume growth across key asset classes in 2015, as compared to the prior year period, primarily driven by an increase in energy and commodity contract volume. The fall in crude oil prices that began in the fourth quarter of 2014 continued through 2015, resulting in several periods of high volatility. Moreover, agricultural commodity contract volumes were affected by the changing weather patterns caused by El Niño during 2015, leading to increases in price volatility across the sector. Interest rate contracts were the only product line which witnessed a decline, likely due to the highs achieved in 2014, owing to improved macroeconomic indicators and changing expectations regarding the Fed’s rate hike. However, the composition of average daily volumes by product did not change much in the period. The table below breaks down the volumes for various asset classes traded on CME’s platform in the 2014- 2015 period:

Have more questions about CME? See the links below:

• CME Group Sees Growth In All Asset Classes In February
• What’s CME’s Revenue And EBITDA Breakdown In Terms Of Operating Segments?
• How Has CME’s Revenue Composition Changed Over The Past 5 Years?
• How Has CME’s Revenue & EBITDA Changed In The Last Five Years?
• How Is CME Expected To Grow In The Next Five Years?
• What Is CME’s Fundamental Value Based On Expected 2016 Results?
• What Drove CME’s Revenue And EBITDA Growth In 2015?
• How Important Is Interest Rate Contracts’ Trading Revenue For CME?
• What Percentage Of CME’s Value Comes From Energy Contracts’ Trading Revenues?
• How Much Upside Can An Increase In Rate Per Commodity Contract Drive For CME’s Stock?
• What Can Drive A 15% Downside To CME’s Stock In The Next 2 Years?
• CME Earnings Preview: Robust Trade Volumes To Drive Revenues In Q1
• Expanding Global Footprint & Higher Volumes Lead To A Profitable Q1 For CME
• How Has CME’s Revenue By Product Line Changed In The Last Five Years?

Notes:

1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment / ask questions on the comments section

2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to the full Trefis analysis for CME Group.