CME Group, the derivatives marketplace, reported its April 2024 market statistics set a new average daily volume (ADV) record of 26.5 million contracts for the month, up 33% from April 2023, with double-digit growth across all asset classes.
Additionally, interest rate, equity index, foreign exchange and options products “set new April ADV records.”
Metals also reached “a new April ADV record, including monthly records for metals options, copper futures and options, and silver options. U.S. Treasury options also reached an all-time monthly ADV record.”
Terry Duffy, CME Group Chairman and Chief Executive Officer said:
“With double-digit growth in all asset classes and a number of volume records in individual product lines, CME Group is playing an extremely important role in helping our clients around the world navigate risk across many areas of their businesses.”
April 2024 ADV across asset classes includes:
- Record April Interest Rate ADV of 12.6 million contracts
- Record April Equity Index ADV of 7.6 million contracts
- Record April Options ADV of 5.7 million contracts
- Energy ADV of 2.4 million contracts
- Agricultural ADV of 1.8 million contracts
- Record April Metals ADV of 1 million contracts
- Record April Foreign Exchange ADV of 988,000 contracts
Additional April 2024 product highlights compared to April 2023 include:
- Interest Rate ADV increased 37%
- Record U.S. Treasury options ADV of 1,486,143 contracts
- SOFR futures ADV increased 32% to 3.4 million contracts
- 10-Year U.S. Treasury Note futures ADV increased 67% to 2.3 million contracts
- 5-Year U.S. Treasury Note futures ADV increased 39% to 1.4 million contracts
- Equity Index ADV increased 36%
- E-mini S&P 500 options ADV increased 74% to 1.7 million contracts
- Micro E-mini Nasdaq 100 futures ADV increased 66% to 1.5 million contracts
- E-Mini Russell 2000 futures ADV increased 26% to 210,000 contracts
- Options ADV increased 33%
- Record Metals options ADV of 159,339 contracts
- Interest Rate options ADV increased 15% to 2.9 million contracts
- Equity Index options ADV increased 76% to 1.9 million contracts
- Energy ADV increased 15%
- Energy options ADV increased 33% to 402,000 contracts
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As the world’s derivatives marketplace, CME Group explains that it “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 claim to 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.
