METALS May 216 Monthly Metals Review A Global Trading Summary of Metals Markets Highlights Futures Options How the world advances
Monthly Metals Review METALS TRADING HIGHLIGHTS May 216 Highlights: Average daily volume for May 216 COMEX metal (Gold, Silver and Copper) futures was 48,888 contracts, compared with 284,323 contracts during May 215, an increase of 43.81 percent. Average daily volume for May 216 COMEX metal (Gold, Silver and Copper) options was 43,919 contracts, compared with 31,963 contracts during May 215, an increase of 37.41 percent. Average daily volume for May 216 Gold futures was 28,6 contracts, compared with 186,74 contracts during May 215, an increase of 5.48 percent. Average daily volume for May 216 Gold options was 38,938 contracts, compared with 26,727 contracts during May 215, an increase of 45.69 percent. Average daily volume for May 216 Silver futures was 56,361 contracts, compared with 44,317 contracts during May 215, an increase of 27.18 percent. Average daily volume for May 216 Silver options was 4,826 contracts, compared with 5,178 contracts during May 215, a decrease of 6.8 percent. Average daily volume for May 216 Copper futures was 72,521 contracts, compared with 53,932 contracts during May 215, an increase of 34.47 percent. Average daily volume for May 216 Platinum futures was 11,898 contracts, compared with 1,586 contracts during May 215, an increase of 12.39 percent. Average daily volume for May 216 Palladium futures was 6,79 contracts, compared with 6,555 contracts during May 215, an increase of 3.59 percent. 1
www.cmegroup.com/metals Scorecard - Average Daily Volume and Open Interest Statistics May 216 Average Daily Volume Open Interest U.S. and Metric Spot Price & Conversion Electronic /Pit Ticker Symbols $ Notional ($ Millions) $ Notional ($ Millions) US$ Spot Month Close Except Copper=Ave Month Close 31-May-'16 US$/Gram Except Copper=US$/MT Steel=US$/MT 31-May-'16 2-Day Historical Volatility Gold Futures GC 28,6 $34,54 494,321 $6,119 1,216.2 $39.1 14.47% CME ClearPort 7,887 Options OG 38,938 1,15,753 CME ClearPort 6, E-micro Gold Futures MGC 4,943 $6 2,26 $25 1,216.2 $39.1 14.47% Silver Futures SI 56,361 $4,57 198,118 $15,843 15.994 $.51 2.22% CME ClearPort 742 Options SO 4,826 133,686 CME ClearPort 556 Copper Futures HG 72,521 $3,828 217,128 $11,461 211.143 $4,654.9 15.24% CME ClearPort 57 Options HX 155 3,367 Platinum Futures PL 11,898 $583 61,795 $3,29 98.4 $31.52 22.3% CME ClearPort 255 Options PO 268 7,922 Palladium Futures PA 6,79 $372 22,341 $1,224 548.5 $17.62 29.9% CME ClearPort 151 Options PAO 81 4,12 HRC Steel Futures HR 11 $1.29 19,853 $232 585. $644.98 13.98% CME ClearPort 85 Aluminum MW U.S. Transaction Premium Platts Futures AUP 197 27,89 Iron Ore 62% Fe, CFR China (TSI) Futures TIO 567 23,938 Iron Ore 62% Fe, CFR China (TSI) Average Price Options ICT 164 32,92 Note: CME ClearPort volumes are already included in futures or options volumes. 2
Monthly Metals Review Cutures - Average 5aily Volume Palladium Futures Platinum Futures Copper Futures Silver Futures Gold Futures 5, 45, 4, 35, 3, 25, 2, 15, 1, 5, COaEX aetal Cutures - Average 5aily Volume and Year-To-5ate Average 5aily Volume Copper Futures Silver Futures Gold Futures Gold Futures YTD ADV Silver Futures YTD ADV Copper Futures YTD ADV 5, 25, 45, 4, 2, ADV - 35, 3, 25, 2, 15, 15, 1, YTD ADV - 1, 5, 5, 3
www.cmegroup.com/metals NYaEX aetal Cutures - Average 5aily Volume and Year-To-5ate Average 5aily Volume Palladium Futures Platinum Futures YTD ADV Platinum Futures Palladium Futures YTD ADV 3, 16, 25, 14, 12, ADV - 2, 15, 1, 1, 8, 6, YTD ADV - 4, 5, 2, Options - Average 5aily Volume Platinum Options Palladium Options Copper Options Silver Options Gold Options 9, 8, 7, 6, 5, 4, 3, 2, 1, 4
Monthly Metals Review Dold Silver Options - Average 5aily Volume and Year-To-5ate Average 5aily Volume 9, Silver Options Gold Options YTD ADV Gold Options Silver Options YTD ADV 5, 8, 45, 7, 4, ADV - 6, 5, 4, 3, 35, 3, 25, 2, 15, YTD ADV - 2, 1, 1, 5, Cutures Open Interest - aonth-end Palladium Futures Platinum Futures Copper Futures Silver Futures Gold Futures 1,2, 1,, 8, 6, 4, 2, 5
www.cmegroup.com/metals Options Open Interest - aonth-end Platinum Options Palladium Options Copper Options Silver Options Gold Options 2,5, 2,, 1,5, 1,, 5, Dold Futures - Average 5aily Volume (A5V) and Open Interest (OI) ADV 3, Total ADV Open Interest OI 7, 25, 6, 5, 2, 4, 15, 3, 1, 2, 5, 1, 6
Monthly Metals Review Silver Futures - Average Daily Volume (ADV) and Open Interest (OI) ADV Total ADV Open Interest OI 16, 25, 14, 2, 12, 1, 15, 8, 6, 1, 4, 5, 2, Copper Futures - Average Daily Volume (ADV) and Open Interest (OI) ADV Total ADV Open Interest OI 12, 25, 1, 2, 8, 15, 6, 1, 4, 2, 5, 7
www.cmegroup.com/metals Platinum Futures - Average 5aily Volume (A5V) and Open Interest (OI) ADV ToPal ADV Open InPeresP OI 25, 9, 8, 2, 7, 6, 15, 5, 4, 1, 3, 5, 2, 1, Palladium Futures - Average Daily Volume (ADV) and Open Interest (OI) ADV Total ADV Open Interest OI 12, 5, 45, 1, 4, 8, 35, 3, 6, 25, 2, 4, 15, 2, 1, 5, 8
Monthly Metals Review Gold Options - 9lectronic Average 5aily Volume Total AGV Electronic AGV % Electronic AGV 8, 9% 7, 6, 5, 4, 3, 2, 1, 8% 7% 6% 5% 4% 3% 2% 1% % Silver Options - Electronic Average Daily Volume Total ADV Electronic ADV % Electronic ADV 16, 14, 12, 1, 8, 6, 4, 2, 1% 9% 8% 7% 6% 5% 4% 3% 2% 1% % 9
www.cmegroup.com/metals Gold Futures - Spot Month - 2-Day Historical Volatility 6% Gold Futures 5% 4% 3% 2% 1% % Silver Futures - Spot Month - 2-Day Historical Volatility 1% Silver Futures 9% 8% 7% 6% 5% 4% 3% 2% 1% % 1
Monthly Metals Review Copper Futures - Spot Month - 2-Day Historical Volatility 12% Copper Futures 1% 8% 6% 4% 2% % Platinum Futures - Spot Month - 2-Day Historical Volatility Platinum Futures 14% 12% 1% 8% 6% 4% 2% % 11
www.cmegroup.com/metals Palladium Futures - Spot Month - 2-Day Historical Volatility Palladium Futures 1% 9% 8% 7% 6% 5% 4% 3% 2% 1% % Average Hourly Total Volume - All Hours - May 216 7, 6, 5, Copper Futures Silver Options Silver Futures Gold Options Gold Futures 4, 3, 2, 1, New York Time 12
Monthly Metals Review Average Hourly Total Volume - Extended Trading Hours - May 216 25, Copper Futures Silver Options Silver Futures Gold Options Gold Futures 2, 15, 1, 5, New York Time Average Hourly Total Volume - All Hours - May 216 3, 2,5 Palladium Futures Platinum Futures 2, 1,5 1, 5 New York Time 13
www.cmegroup.com/metals Average Hourly Total Volume - Extended Trading Hours - May 216 9 8 Palladium Futures Platinum Futures 7 6 5 4 3 2 1 New York Time 35, CFTC COT Report - Gold Futures Open Positions - Long Swap Dealers Long Managed Money Long % Swap Dealers Long % Managed Money Long 5% Open Interest - 3, 25, 2, 15, 1, 5, 45% 4% 35% 3% 25% 2% 15% 1% 5% % Source: CFTC 14
Monthly Metals Review 12, CFTC COT Report - Silver Futures Open Positions - Long Swap Dealers Long Managed Money Long % Swap Dealers Long % Managed Money Long 45% Open Interest - 1, 8, 6, 4, 2, 4% 35% 3% 25% 2% 15% 1% 5% % Source: CFTC 14, CFTC COT Report - Copper Futures Open Positions - Long Swap Dealers Long Managed Money Long % Swap Dealers Long % Managed Money Long 6% 12, 5% Open Interest - 1, 8, 6, 4, 4% 3% 2% 2, 1% % Source: CFTC 15
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