- Record Europe, Middle East and Africa (EMEA)
ADV of 6.2M, up 30% in Q3
2024
- Asia Pacific (APAC) ADV of
1.8M, up 28%
LONDON and SINGAPORE, Oct. 14,
2024 /PRNewswire/ -- CME Group, the world's leading
derivatives marketplace, today announced that its international
average daily volume (ADV) reached a record 8.4 million contracts
in Q3 2024, up 29% year on year. Reflecting all trading reported
outside the United States, the
record volume was driven by growth across all asset classes, with
the highest trading volumes coming from interest rate and equity
products, which accounted for three-quarters of the growth in
volume.
Interest rate products saw record growth of 32% in quarterly
volumes year on year, driven by an increase of 38% growth in SOFR
futures and 25% growth in Treasury contracts. In
addition, Energy products saw 30% growth, Equities products
were up 25%, and record FX volumes increased by 14% in the third
quarter.
"Our record Q3 international ADV was driven by significant
increases in volume across all asset classes in EMEA and APAC,
demonstrating how our clients turned to the breadth of our products
to navigate unpredictability and volatility," said Julie Winkler, Senior Managing Director and
Chief Commercial Officer, CME Group. "In particular, our SOFR and
U.S. Treasury futures and E-Mini equity options achieved notable
growth. Going forward, we remain focused on partnering with
our clients to help them manage risk, pursue opportunities and
expand their businesses internationally."
In Q3 2024, EMEA ADV hit a record
6.2 million contracts, up 30% from Q3 2023. Energy, interest
rate and foreign exchange products reached new ADV records in EMEA
in Q3 2024, growing 37%, 32% and 18% respectively year on year.
APAC ADV hit 1.8 million contracts in Q3 2024, up 28% from Q3
2023. The region saw strong quarterly ADV performance in
metals, up 49%, while interest rate and equity products ADV were up
33% and 30% year over year respectively.
LatAm ADV stood at 181,000 contracts in Q3 2024, up 12% compared
to Q3 2023. There was strong quarterly ADV performance in metals,
up 37% and energy products, up 30% year over year.
Canada ADV stood at 169,000 contracts in Q3 2024, up 21% YoY.
This was a result of strong growth in interest rate and energy
products, up 39% and 19% year over year.
Globally, CME Group reported a record ADV of 28.3 million
contracts in Q3 2024, up 27% over Q3 2023. This was largely
driven by record volume of 14.9 million contracts in interest rate
products, up 36% year over year. CME Group's deeply liquid U.S.
Treasury complex hit an all-time quarterly ADV record of 8.4
million contracts and SOFR futures reached an all-time quarterly
ADV record of 4.1 million contracts.
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
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SOURCE CME Group