CME Group Reports Record January ADV Of 25.2 Million Contracts

• Highest-ever January ADV with 16% growth year-over-year
• Record January interest rate ADV of 13.1 million contracts, up 27%
• Record January options ADV of 6.1 million contracts, up 26%

CME Group, the world's leading derivatives marketplace, today reported its January 2024 market statistics, reaching a new overall average daily volume (ADV) record of 25.2 million contracts for the month, up 16% from January 2023. The company's interest rate ADV saw double-digit growth, driven by its SOFR complex and U.S. Treasury futures. ADV also increased by double-digits across energy, agricultural and foreign exchange products. Market statistics are available in greater detail at https://cmegroupinc.gcs-web.com/monthly-volume.

January 2024 ADV across asset classes includes: 

• Record January Interest Rate ADV of 13.1 million contracts
• Equity Index ADV of 6.6 million contracts
• Record January Options ADV of 6.1 million contracts
• Energy ADV of 2.5 million contracts
• Agricultural ADV of 1.5 million contracts
• Foreign Exchange ADV of 893,000 contracts
• Metals ADV of 638,000 contracts

Additional January 2024 product highlights compared to January 2023 include:

• Interest Rate ADV increased 27%
  • SOFR futures ADV increased 45% to 3.8 million contracts
  • SOFR options ADV increased 33% to 2.5 million contracts
  • 10-Year U.S. Treasury Note futures ADV increased 24% 1.9 million contracts
  • 5-Year U.S. Treasury Note futures ADV increased 27% to 1.3 million contracts
• Options ADV increased 26%
  • Interest Rate options ADV increased 16% to 3.5 million contracts
  • Equity Index options ADV increased 37% to 1.7 million contracts
  • Energy options ADV increased 95% to 452,000 contracts
• Energy ADV increased 23%
  • Record Natural Gas options ADV of 300,736 contracts
• Agricultural ADV increased 23%
  • Soybean Meal futures ADV increased 47% to 166,000 contracts
  • KC HRW Wheat futures ADV increased 38% to 52,000 contracts
• Foreign Exchange ADV increased 11%
  • Record Brazilian Real futures ADV of 20,456 contracts
  • Mexican Peso futures ADV increased 39% to 60,000 contracts
• Metals ADV increased 2%
  • Aluminum futures ADV increased 134% to 10,000 contracts
• International ADV increased 24% to 7.0 million contracts, with  EMEA ADV up 28%
• Micro Products ADV
  • Micro E-mini Equity Index futures and options ADV of 2.2 million contracts represented 33% of overall Equity Index ADV and Micro WTI Crude Oil futures accounted for 4.4% of overall Energy ADV
• BrokerTec U.S. Repo average daily notional value (ADNV) increased 11% to $288.2B and U.S. Treasury ADNV increased 2% to $107.7B