CME Group, which claims to be one of the leading derivatives marketplaces, reported its full-year, Q4 and December 2023 market statistics, “showing it reached a record average daily volume (ADV) of 24.4 million contracts during the year, an increase of 5% over 2022.”
Q4 ADV has reportedly “increased 17% to a record 25.5 million contracts and December ADV increased 20% to a record 23.0 million contracts. Annual, quarterly and monthly market statistics are available in greater detail here.”
Full-year 2023 highlights, shared by CME Group, across asset classes include:
- Interest Rate ADV increased 16% to a record 12.5 million contracts
- Record annual SOFR futures and options ADV of 5,121,842 contracts
- Record annual U.S. Treasury futures and options ADV of 6,785,867 contracts
- Record annual 30-Day Fed Funds futures ADV of 441,991 contracts
- Options ADV increased 23% to a record 5.1 million contracts
- Record annual Interest Rate options ADV of 2,916,259 contracts
- Record annual Equity Index options ADV of 1,430,072 contracts
- Record annual Agricultural options ADV of 307,617 contracts
- Energy ADV increased 5% to 2.1 million contracts
- Record annual Natural Gas options ADV of 150,138 contracts
- Agricultural ADV increased 17% to a record 1.5 million contracts
- Metals ADV increased 15% to 599,000 contracts
- ADV outside the United States increased 8% to a record 6,838,836 contracts, including
- 13% in EMEA and 11% growth in Latin America
Q4 2023 highlights across asset classes include:
- Interest Rate ADV increased 36% to 13.3 million contracts
- Record quarterly U.S. Treasury futures and options ADV of 7,725,355 contracts
- Options ADV increased 30% to 5.4 million contracts
- Record quarterly Equity Index options ADV of 1,693,400 contracts
- Energy ADV increased 18% to 2.2 million contracts
- Agricultural ADV increased 26% to a record 1.5 million contracts
- Record quarterly Soybean Meal futures ADV of 175,110 contracts
- Metals ADV increased 20% to 609,000 contracts
- Record quarterly Platinum futures ADV of 28,072 contracts
As the derivatives marketplace, CME Group 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.”
For more details, check here.