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Copper Option Open Interest Surpasses 200,000 for the First Time Ever

From cmegroup.com

CME Group, the world's leading derivatives marketplace, today announced that open interest in Copper options surpassed 200,000 contracts for the first time ever after achieving several consecutive daily open interest records. "In today's uncertain environment, market participants are turning to the robust on-screen liquidity of our options markets to express their views on copper, a key bellwether of the global economy," said Jin Hennig, Global Head of Metals at CME Group. "This open interest milestone reflects strong global demand for these products as clients work to effectively manage their industrial ... (full story)

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