LONDON and SINGAPORE, Jan. 10,
2024 /PRNewswire/ -- CME Group, the world's leading
derivatives marketplace, today announced that average daily volume
(ADV) outside the United States
reached a record 6.8 million contracts in 2023, up 8% from
2022. This record was driven largely by growth in Equity Index
and Interest Rate products, up 26% and 23% respectively.
"Market participants across the globe turned to CME Group
benchmark futures and options contracts given the heightened need
for risk management across every asset class last year," said
Derek Sammann, CME Group Senior
Managing Director and Global Head of Commodities, Options &
International Markets. "As uncertain market conditions continue
into 2024, we remain committed to working closely with our clients
outside of the U.S. to access our robust, regulated marketplace
with round-the-clock liquidity."
In 2023, Europe, Middle East and Africa ADV hit a record 4.9
million contracts, up 13% from 2022. This was driven by a 29%
rise in Interest Rate products and a 26% increase in Agricultural
products.
Latin America ADV grew to a record 176,000 contracts in 2023, up
11% from 2022. This was led by 28% growth in Foreign Exchange
products, 27% growth in Interest Rate products, and 24% growth in
Metals products in the region.
Asia Pacific ADV reached 1.6 million contracts in 2023. ADV
of Interest Rate products in the region was up 5% year-on-year,
hitting a record 689,000 contracts in 2023.
Canada ADV totaled 153,000 contracts in 2023, with ADV of Energy
and Agricultural Products up 22% and 7% year-on-year
respectively.
Globally, CME Group reported a record ADV of 24.4 million
contracts in 2023, up 5% over 2022. This was largely driven by
growth in Interest Rate ADV, up 16% to a record 12.5 million
contracts, and Options ADV, up 23% to a record 5.1 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