CME Group Posts Second-Highest Monthly Average Daily Volume in August

At 31.7 million contracts, ADV jumped 31% compared to August 2023, driven by significant increases across all six of its asset classes.

Interest rates led the charge, reaching a record ADV of 18.3 million contracts.

The U.S. Treasury complex also saw record-breaking activity, with an ADV of 11.5 million contracts. This included record volume for 2-year, 5-year, and 30-year futures contracts.

Activity in SOFR futures and options climbed 48% to 6.3 million contracts, while BrokerTec cash U.S. Treasury notional volume hit a year-to-date high of $249 billion on August 5th.

Meanwhile, new ADV records were also set in equity index, agricultural, foreign exchange, and options products. Equity index ADV reached 7.5 million contracts, while agricultural ADV rose 19% to 1.6 million contracts.

CME revealed foreign exchange ADV jumped 36%, with notable increases in Japanese Yen, Canadian Dollar, and Mexican Peso futures. Options trading is also said to have seen significant growth, with record ADV in equity index, energy, and metals options.

Furthermore, CME Group’s international presence continued to expand, with a record international ADV of 8.9 million contracts, including record ADV in EMEA and Asia, along with an 18% increase in Latin America.

Micro E-mini Equity Index futures and options ADV accounted for 41% of overall Equity Index activity, with Micro WTI Crude Oil futures representing 3% of total Energy ADV, and Micro Ether and Micro Bitcoin futures seeing record ADV of 53,000 and 48,000 contracts, respectively.