CHICAGO, Dec. 2/PRNewswire-FirstCall/ -- CME Group, the world's largest and most diverse derivatives exchange, today announced that November 2008 volume averaged 10.5 million contracts per day, down 29 percent from November 2007, assuming combined CME Group/NYMEX volumes.Total monthly volume exceeded 199 million contracts, 79 percent of which was traded electronically. On a combined basis, CME Group year-to-date volume through November averaged 13.4 million contracts per day, up seven percent from the same period in 2007.
CME Group E-mini equity index volume averaged 3.8 million contracts per day, up 11 percent compared with November 2007.Equity standard volume averaged 160,000 contracts per day, down one percent compared with the same period last year.CME Group commodities and alternative investments volume averaged 724,000 contracts per day, down 12 percent from November 2007.CME Group foreign exchange (FX) contracts volume averaged 471,000 contracts per day, down 26 percent, and represented an average daily notional value of $60 billion.CME Group interest rate volume averaged 3.7 million contracts per day, down 53 percent compared with the same period in 2007.
Total NYMEX volume averaged 1.6 million contracts for November 2008, down three percent compared with the same period last year.Monthly NYMEX energy futures and options volume averaged 832,000 contracts per day, down 15 percent from November 2007.COMEX metals volume averaged 207,000 contracts per day for November 2008, down 24 percent.Average daily volume cleared on NYMEX ClearPort was 477,000 contracts for November 2008, up 51 percent compared with November 2007, as users continue to seek the safety and soundness of CME Group's regulated, transparent and centrally cleared markets.The remaining NYMEX volume of 117,000 trades per day consisted of other transactions, which include position transfers and exchanges.
All references to CME Group volume and rate per contract information in the text of this document exclude our non-traditional TRAKRS products, for which CME Group receives significantly lower clearing fees than other CME Group products, and Swapstream products.