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CME Group Announces Record Volume, Open Interest Across Battery Metals Complex

1. CME Group reports record volume in battery metals on May 29. 2. Open interest in battery metals futures reaches an all-time high of 64,387 contracts. 3. Lithium Hydroxide and Cobalt Metal futures saw significant trading activity. 4. Year-to-date average daily volume in battery metals is up 100% compared to last year. 5. CME is becoming a dominant venue for battery metals risk management.

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Why Bullish?

Increased volume and interest suggest strong market demand, possibly enhancing CME's market position. Historically, such spikes can lead to higher revenues and stock price appreciation.

How important is it?

The article highlights CME's leadership in a growing market segment, likely aiding investor confidence. Increasing trading volumes directly correlate with better profit potential for CME, thus enhancing its stock appeal.

Why Short Term?

Record volumes may attract immediate investor attention and speculative trading. Similar patterns were observed in previous surges in trading volumes when companies reported new records.

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, /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced record volume and open interest across its battery metals complex. A total of 2,587 contracts were traded across battery metals futures and options on May 29, surpassing the previous record of 2,301 contracts set on February 11, 2025. Combined open interest also reached an all-time high of 64,387 contracts. "CME Group is the venue of choice for managing global battery metals risk," said Jin Hennig, Managing Director and Global Head of Metals at CME Group. "These new records were driven by our benchmark Lithium Hydroxide and Cobalt Metal futures, which each reached over 1,000 contracts traded on a single day for the first time. We are also seeing strong growth in commercial users, helping to attract a broader range of participants and further enhancing price discovery in these critical markets." CME Group offers market participants the widest range of battery metals products. Across the complex, all 10 of the top 10 volume days have occurred this year, with average daily volume year-to-date at 837 contracts, up 100% from last year. CME Group's battery metals suite includes Lithium Hydroxide futures and options, Lithium Carbonate futures, Cobalt Metal futures and options, Cobalt Hydroxide futures and Spodumene futures, which are listed by and subject to the rules of COMEX. For more information, please visit here. As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. The company offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing.  CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and E-mini are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. BrokerTec is a trademark of BrokerTec Americas LLC and EBS is a trademark of EBS Group LTD. The S&P 500 Index is a product of S&P Dow Jones Indices LLC ("S&P DJI"). "S&P®", "S&P 500®", "SPY®", "SPX®", US 500 and The 500 are trademarks of Standard & Poor's Financial Services LLC; Dow Jones®, DJIA® and Dow Jones Industrial Average are service and/or trademarks of Dow Jones Trademark Holdings LLC. These trademarks have been licensed for use by Chicago Mercantile Exchange Inc. Futures contracts based on the S&P 500 Index are not sponsored, endorsed, marketed, or promoted by S&P DJI, and S&P DJI makes no representation regarding the advisability of investing in such products. All other trademarks are the property of their respective owners.  CME-G SOURCE CME Group WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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