Additionally, the derivatives marketplace operator also reported that average daily volume (ADV) of SOFR futures and options traded reached 4.7 million contracts in the first two weeks of January.
CME Group stated in the official press release:
Month-to-date January 2023 SOFR futures ADV is equivalent to 572% of Eurodollar futures ADV and SOFR options ADV is equivalent to 1,334% of Eurodollar options ADV.
The Group recently reported record average daily volume (ADV) of 23.3 million contracts in 2022, registering a 19% increase from the previous year.
