The FX Link average daily volume (ADV) tripled in June 2022, registering 43,000 contracts being traded every day, compared to nearly 15,000 contracts in June last year. Paul Houston, CME Group’s Global Head of FX Products, said: This milestone reflects growing adoption of FX Link as a tool to manage risk. As the world's first…
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ME Group also saw record SOFR options ADV which reached 173,964 contracts, including a single-day trading volume record of 397,212 contracts registered on 25 May and record open interest (OI) accounted for 4,102,865 contracts on 31 May. The company said: 8 trading days when SOFR futures daily volume surpassed Eurodollar futures, with SOFR futures ADV…
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Michel Everaert was appointed as Managing Director and Head of EMEA. The new position is based in London and reports directly to Sammann. Having joined CME Group in 2011, Everaert most recently served as Managing Director and Co-Head of Client Development & Sales (CD&S) for EMEA. He has 30 years of experience in derivatives markets…
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Asia Pacific ADV registered a record 1.9 million contracts in Q1 2022, up 22% due to growth in Energy, Equity Index and Interest Rate products in the region. Latin America ADV reached 162,000 contracts in with 28% increase from Q1 2021. On a global scale, CME Group saw ADV of 26 million contracts in Q1…
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Bogucki added: The smaller contract sizes will give investors and traders greater flexibility in managing their exposure to the two biggest cryptocurrencies in the world, opening the market up to new participants. Galaxy Digital is excited to act as a liquidity provider for these options and other CME Group cryptocurrency products. Derek Devens, Senior Portfolio…
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The company also promoted Tim McCourt to Senior Managing Director, Global Head of Equity and FX Products. In his new role, he will be responsible for overseeing equity, foreign exchange, cryptocurrency and alternative investment products. Lynne Fitzpatrick was also promoted to the management team as Deputy Chief Financial Officer. She will succeed CFO John Pietrowicz…
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Clearing and transaction fees revenue for the final quarter came in at $949 million. Market data revenue for the same period was $142 million. The revenue for the full year in turn, was $4.7 billion. Operating income reached $2.6 billion, while net income stood at $2.6 billion, with diluted EPS at $7.29. The adjusted net…
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During last month, Interest Rate ADV rose 33% with record SOFR futures open interest (OI) of 3,040,896 contracts, registered on 31 January. The Group also saw record ADV of 731,126 contracts, an increase of 253% and 645%, respectively, year-over-year CME Group also reported Options ADV increase of 39% and Energy ADV of 7% YoY. Regarding…
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The highlights from the fourth quarter include: Interest Rate ADV rose 56% to 9.8 million contracts. Energy ADV touched 2.3 million contracts, up by 16%. Equity Index ADV went up by 15% to 6 million contracts. Options ADV surged 58% to 3.7 million contracts. Micro Bitcoin futures ADV also reached record highs of 24,534 contracts.…
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CME Group stated: ADV outside the United States increased 11% to 6.4 million contracts, including 33% growth in Latin America, 14% in EMEA and 2% in Asia. BrokerTec U.S. Treasury average daily notional value (ADNV) increased 17% to $127B, including a record RV Curve monthly ADNV of $578 million in November. U.S. Repo ADNV increased…
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