I don't know about futures being halted but the last time time I saw record volume of open contracts on futures contracts it was right before we sold off: Sep 10, Nov 29 near the top -- NDX 1600 and now. I am lightening up before FOMC meeting this week.
CME Stock Index Products Post Consecutive Open Interest Records
CHICAGO, June 19, 2002—For the sixth consecutive session, open interest in stock index products traded on Chicago Mercantile Exchange Inc. (CME) established a new record yesterday, June 18, reaching 1,674,922 open positions.
...
CME E-mini™ S&P 500 and E-mini Russell 2000 Futures Set
Open Interest Records
CHICAGO, May 29, 2002 — For two consecutive sessions, open interest in E-mini™ S&P 500 futures traded on GLOBEX®, the electronic trading platform of Chicago Mercantile Exchange Inc. (CME), posted new records—beginning on May 24 with 251,555 positions and reaching 252,308 positions yesterday, May 28. The previous open interest record was set on Nov. 29, 2001, with 251,231 positions.
....
CME Sets New Single-Day Volume, Open Interest Records, Surpassing 3 Million Contracts Traded In One Session
Trading volume on Chicago Mercantile Exchange Inc. for the first time surpassed 3 million contracts in a single day on Friday, Sept. 7, when 3,272,931 contracts changed hands. The underlying value of Friday’s volume was $2.5 trillion. After Friday’s close of trading, open interest stood at 15,562,634 positions, also a new record.
The previous single-day volume record was set Sept. 4, when 2,914,719 contracts were traded. The previous open interest record was set on Sept. 6 at 15,410,959 positions. |
