CME Group Reports May 2023 Monthly Market Statistics

• Highest-ever May ADV of 25M contracts
• Double-digit volume increases in interest rates, energy, agricultural and metals, as well as many individual products
• SOFR futures and options continue ADV growth

CME Group, the world's leading derivatives marketplace, today reported its May 2023 market statistics, showing average daily volume (ADV) increased 3% to 25 million contracts during the month, the highest May ADV in company history. Market statistics are available in greater detail at https://cmegroupinc.gcs-web.com/monthly-volume.

May 2023 ADV across asset classes includes:

• Interest Rate ADV of 13.9 million contracts
• Equity Index ADV of 6.0 million contracts
• Options ADV of 4.9 million contracts
• Energy ADV of 2.0 million contracts
• Agricultural ADV of 1.5 million contracts
• Foreign Exchange ADV of 825,000 contracts
• Metals ADV of 650,000 contracts

Additional May 2023 product highlights compared to May 2022 include:

• Interest Rate ADV increased 20%
  • Record U.S. Treasury futures open interest of 17,856,235 contracts on May 23
  • SOFR futures ADV increased 126% to 3.4 million contracts
  • SOFR options ADV increased 935% to 1.8 million contracts
  • 30 Day Fed Funds futures ADV increased 112% to 544,000 contracts
• Options ADV increased 29%
  • Interest Rate options ADV increased to 50% to 2.9 million contracts
  • Agricultural options ADV increased 24% to 342,000 contracts
  • Energy options ADV increased 33% to 282,000 contracts
  • Metals options ADV increased 39% to 85,000 contracts
• Energy ADV increased 12%
  • Natural Gas options ADV increased 32% to 136,000 contracts
• Agricultural ADV increased 38%
  • Record Soybean Oil options ADV of 22,633 contracts
  • Soybean Oil futures ADV increased 78% to 150,000 contracts
  • KC HRW Wheat futures ADV increased 108% to 68,000 contracts
• Metals ADV increased 30%
  • Aluminum futures ADV increased 120% to 4,500 contracts
• Micro Products ADV
  • Micro E-mini Equity Index futures and options ADV of 2.1 million contracts represented 34% of overall Equity Index ADV, Micro WTI Crude Oil futures accounted for 5.2% of overall Energy ADV, Micro Ether futures accounted for 0.2% of overall Equity Index ADV and Micro Bitcoin futures accounted for 0.2% of overall Equity Index ADV
• BrokerTec U.S. Repo average daily notional value (ADNV) increased 8% to $292B