Heavy winter demand drove a sharp jump in futures and options trading across CME’s gas markets.

CME Group said trading in its natural gas futures and options hit a single-day record, with 2,576,346 contracts changing hands. Henry Hub natural gas options traded 811,662 contracts The total was 15% higher than the previous record of 2,239,081 contracts, which was set in November 2018. As per CME Group, rising heating demand across the US led more market participants to use its natural gas derivatives to manage price risk. The exchange also reported fresh records across specific gas prod