CME Group Reports May 2022 Monthly Market Statistics

• Highest-ever May ADV
• 18% increase in ADV year-over-year
• 49% growth in Equity Index ADV, driven by record Micro E-mini S&P 500 futures volume
• Record SOFR options ADV and OI, and record SOFR futures OI

CME Group, the world's leading derivatives marketplace, today reported its May 2022 market statistics, showing average daily volume (ADV) increased 18% to 24.3 million contracts during the month. Market statistics are available in greater detail at https://cmegroupinc.gcs-web.com/monthly-volume.

May 2022 ADV across asset classes includes:

• Interest Rate ADV of 11.6 million contracts
• Equity Index ADV of 8.4 million contracts
• Options ADV of 3.8 million contracts
• Energy ADV of 1.8 million contracts
• Agricultural ADV of 1.1 million contracts
• Foreign Exchange ADV of 874,000 contracts
• Metals ADV of 499,000 contracts

Additional May 2022 product highlights compared to May 2021 include:

• Interest Rate ADV increased 14%
  • Record SOFR options ADV of 173,964 contracts, including a single-day trading volume record of 397,212 contracts on May 25 and record open interest (OI) of 4,102,865 contracts on May 31
  • Record SOFR futures OI of 5,785,591 on May 31
  • 8 trading days when SOFR futures daily volume surpassed Eurodollar futures, with SOFR futures ADV in May equivalent to 99.7% of Eurodollar futures ADV in the same period
  • 30-Day Fed Fund futures ADV increased 221%
  • 5-Year U.S. Treasury Note futures ADV increased 18%
  • 2-Year U.S. Treasury Note futures ADV increased 42%
  • U.S. Treasury Bond options ADV increased 23%
• Equity Index ADV increased 49%
  • Record Micro E-mini S&P 500 futures ADV of 1,566,786 contracts
  • Record E-mini Nasdaq-100 options ADV of 20,580 contracts
  • E-mini S&P 500 options ADV increased 75%
  • Micro E-mini Dow Jones futures ADV increased 79%
  • Micro E-mini Nasdaq-100 futures ADV increased 69%
  • E-mini Russell 2000 options ADV increased 50%
  • E-mini Nasdaq-100 futures ADV increased 42%
  • E-mini Russell 2000 futures ADV increased 34%
  • Micro E-mini Russell 2000 futures ADV increased 22%
• Foreign Exchange ADV increased 25%
  • o  E-mini Euro FX futures ADV increased 25%
• Options ADV increased 17%
  • Equity Index options ADV increased 73%
  • Foreign Exchange options ADV increased 15%
  • Metals options ADV increased 9%
  • Energy options ADV increased 7%
  • Interest Rate options ADV increased 4%
• Record Micro Ether futures ADV of 26,011 contracts and record Ether futures ADV of 6,484 contracts
• Micro Products ADV
  • Micro E-mini Equity Index futures and options ADV of 3.7 million contracts represented 44.6% of overall Equity Index ADV, Micro WTI Crude Oil futures accounted for 6% of overall Energy ADV, Micro Ether futures accounted for 0.3% of overall Equity Index ADV and Micro Bitcoin futures accounted for 0.3% of overall Equity Index ADV
• ADV outside the United States increased 17% to 6.8 million contracts, including 33% growth in Latin America, 30% in APAC and 13% in EMEA
• BrokerTec U.S. Repo average daily notional value (ADNV) increased 35% to $271B, U.S. Treasury increased 25% to $131B and European Repo ADNV increased 8% to €344B
• EBS Spot FX ADNV increased 3% to $64.5B