Trading soars at four exchanges.
from eFinancialnews.com:
The Chicago Mercantile Exchange and the Chicago Board of Trade, the two largest futures exchanges in the US, saw their highest volume gains in 2005, while European exchanges OMX and SWX also posted record volume numbers.
The CME, the largest US futures exchange, saw its trading volumes top one billion contracts for the first time in 2005. The exchange posted its sixth consecutive year of double-digit volume gains. Average daily volume at the CME was roughly 4.2 million contracts, up 34% from 2004.
The CBOT posted its highest yearly total volume recorded in its history, with more than 674 million contracts traded in 2005. Total annual volume rose 12.4% over 2004, making last year the fourth consecutive record-breaking year for the CBOT. The CBOT’s average daily volume also increased 12.9% to 2.7 million contracts from 2.4 million in 2004, another record for the exchange.
