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CME 1Q Volume Up 32 Percent



01 April 2008 @ 11:11 am EST

NEW YORK (AP) - CME Group, the owner of derivatives exchange Chicago Mercantile Exchange Holdings Inc., said Tuesday its first-quarter volume averaged 13.7 million contracts per day, up 32 percent from the first quarter of 2007.

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CME 478 3.75

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Total electronic volume jumped 41 percent to 11.1 million contracts, on average, per day. CME said 83 percent of its total monthly volume was traded electronically.

CME's shares rose $20.15, or 4.3 percent, to $489.25 in morning trading. The stock has traded in a 52-week range of $399.01 and $714.48.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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