Europe ,Middle East andAfrica (EMEA) ADV up 6% in Q1 2024- Significant commodities volume growth in EMEA and
Asia Pacific
CME Group, the world's leading derivatives marketplace, today announced that its quarterly international average daily volume (ADV) reached a record 7.4 million contracts in Q1 2024, up 2% year on year. Reflecting all trading reported from outside
"Market conditions in the first quarter of the year continued to create a heightened need for risk management as clients worldwide worked to navigate sustained uncertainty and volatility," said
In Q1 2024,
Asia Pacific ADV stood at 1.7 million contracts in Q1 2024. The region saw growth across its range of commodities as well, with agricultural products up 15% and energy products metals up 10% and 5% respectively.
Latin America ADV stood at 190,000 contracts in Q1 2024. The region saw a 19% increase in foreign exchange products, 17% in metals and 12% in interest rate products.
Canada ADV stood at 168,000 contracts in Q1 2024. This was driven by a strong performance in energy and agricultural products, up 50% and 22% year over year.