• Record interest rate ADV of 18.3 million contracts
  • Record U.S. Treasury futures and options ADV overall, including record volume for 2-year, 5-year and 30-year futures contracts
  • Record August ADV in equity index, agricultural, foreign exchange and options products
  • Record international ADV of 8.9 million contracts

CHICAGO, Sept. 4, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today reported its second-highest monthly volume ever, with average daily volume (ADV) up 31% to 31.7 million contracts in August, driven by double-digit increases across all six asset classes.

The company's interest rate ADV reached a record 18.3 million contracts and its deeply liquid U.S. Treasury complex hit an all-time monthly record ADV of 11.5 million contracts, including the highest volume ever for 2-year, 5-year and 30-year futures contracts. In addition, SOFR futures and options volume climbed 48% to 6.3 million contracts and the company's BrokerTec cash U.S. Treasury notional volume hit a year-to-date record of $249 billion on August 5.

In addition, new August ADV records were set across equity index, agricultural, foreign exchange and options products. Market statistics are available in greater detail at https://cmegroupinc.gcs-web.com/monthly-volume.

August 2024 ADV across asset classes includes:

  • Record Interest Rate ADV of 18.3 million contracts
  • Record August Equity Index ADV of 7.5 million contracts
  • Energy ADV of 2.6 million contracts
  • Record August Agricultural ADV of 1.6 million contracts
  • Record August Foreign Exchange ADV of 1 million contracts
  • Metals ADV of 708,000 contracts

Additional August 2024 product highlights compared to August 2023 includes:

  • Interest Rate ADV increased 41%
    • Record U.S. Treasury futures and options volume of 11.5 million contracts
    • Record August Interest Rate options ADV of 3.3 million contracts
    • Record 5-Year U.S. Treasury Note futures ADV of 2.8 million contracts
    • Record 2-Year U.S. Treasury Note futures ADV of 1.6 million contracts
    • Record 30-Year U.S. Treasury Note futures ADV of 708,000 contracts
    • SOFR futures and options ADV increased 48% to 6.3 million contracts
  • Equity Index ADV increased 15%
    • Record August Equity Index options ADV of 1.7 million contracts
    • Micro E-mini Nasdaq-100 futures ADV increased 36% to 1.6 million contracts
    • E-mini S&P 500 options ADV increased 9% to 1.5 million contracts
    • Micro E-mini Dow Jones futures ADV increased 42% to 118,000 contracts
  • Energy ADV increased 22%
    • Record August Energy options ADV of 429,000 contracts
    • Henry Hub Natural Gas futures ADV increased 22% to 458,000 contracts        
    • WTI Crude Oil options ADV increased 60% to 217,000 contracts   
  • Agricultural ADV increased 19%
    • Record Feeder Cattle futures ADV of 23,000 contracts
    • Corn futures ADV increased 36% to 435,000 contracts
    • Soybean Oil futures ADV increased 31% to 163,000 contracts
  • Foreign Exchange ADV increased 36%
    • Japanese Yen futures ADV increased 47% to 199,000 contracts
    • Canadian Dollar futures ADV increased 41% to 98,000 contracts
    • Mexican Peso futures ADV increased 44% to 75,000 contracts
  • Metals ADV increased 43%
    • Metals options ADV increased 119% to 125,000 contracts
    • Micro Gold futures ADV increased 170% to 124,000 contracts
    • Gold options ADV increased 127% to 96,000 contracts
  • Record International ADV of 8.9 million contracts, with record EMEA ADV of 6.5 million contracts, Asia ADV up 37% and Latin America ADV up 18%
  • Micro Products ADV
    • Micro E-mini Equity Index futures and options ADV of 3 million contracts represented 41% of overall Equity Index ADV and Micro WTI Crude Oil futures accounted for 3% of overall Energy ADV
    • Record Micro Ether futures ADV of 53,000 contracts and Micro Bitcoin futures ADV increased 585% to 48,000 contracts
  • BrokerTec U.S. Treasury notional volume reached $249 billion on August 5, the highest level year-to-date, and U.S. Repo average daily notional value (ADNV) increased 1% to $295 billion
  • Record single-day volume of $13.5B for FX Link on August 5 
  • Customer average collateral balances to meet performance bond requirements for rolling 3-months ending July 2024 were $71.8 billion for cash collateral and $160.8 billion for non-cash collateral

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 and EBS are trademarks of BrokerTec Europe LTD and EBS Group LTD, respectively. 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

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