- Record Europe, Middle East and Africa (EMEA)
ADV of 5.8M, up 28% in Q2
2024
- Asia Pacific
(APAC) ADV of 1.7M, up 9%;
Latin America (LatAm) ADV of
182K, up 8% in Q2 2024
LONDON and SINGAPORE, July 5, 2024
/PRNewswire/ -- CME Group, the world's leading derivatives
marketplace, today announced that its quarterly international
average daily volume (ADV) reached a record 7.8 million contracts
in Q2 2024, up 23% year on year. Reflecting all trading
reported outside the United
States, the record volume was driven by growth across all
asset classes, with the highest trading volumes coming from
interest rate and equity products. Commodities saw strong
growth, with metals up 50%, energy up 40% and agricultural products
up 25%.
"Market conditions in the second quarter of the year continued
to create a heightened need for risk management as clients globally
turned to CME Group markets to navigate sustained uncertainty and
volatility," said Julie Winkler,
Senior Managing Director and Chief Commercial Officer, CME
Group. "Our record Q2 international ADV was driven by
significant increases in volume across all asset classes in EMEA
and APAC, demonstrating how our clients turn to our products to
hedge price risk."
In Q2 2024, EMEA ADV hit a record
5.8 million contracts, up 28% from Q2 2023. Foreign exchange
and interest rate products reached new records in Q2 2024, growing
27% and 26% respectively year on year. Commodities in the region
also saw record quarterly ADV, with energy, metals and agricultural
products up 54%, 45% and 33% respectively, compared to the same
period in 2023.
APAC ADV stood at 1.7 million contracts in Q2 2024. The
region saw strong quarterly ADV performance in metals, up 62%,
while agricultural products ADV was up 14% year over year.
LatAm ADV stood at 182,000 contracts in Q2 2024, up 8% compared
to Q2 2023. Metals and foreign exchange products both hit a record
quarterly ADV in the region in Q2 2024, up 84% and 41% respectively
year over year.
Canada ADV stood at 162,000 contracts in Q2 2024, up 11%
compared to Q2 2023. This was a result of strong growth in energy
and interest rate products, up 32% and 14% year over
year.
As the world's leading derivatives marketplace, CME Group
(www.cmegroup.com) enables clients to trade futures, options, cash
and OTC markets, optimize portfolios, and analyze data – empowering
market participants worldwide to efficiently manage risk and
capture opportunities. CME Group exchanges offer the widest range
of global benchmark products across all major asset classes based
on interest rates, equity indexes, foreign
exchange, energy, agricultural
products and metals. The company offers futures and
options on futures trading through the CME Globex platform, fixed
income trading via BrokerTec and foreign exchange trading on the
EBS platform. In addition, it operates one of the world's leading
central counterparty clearing providers, CME Clearing.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange,
Globex, and E-mini are trademarks of Chicago Mercantile Exchange
Inc. CBOT and Chicago Board
of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York
Mercantile Exchange and ClearPort are trademarks of New York
Mercantile Exchange, Inc. COMEX is a trademark of Commodity
Exchange, Inc. BrokerTec is a trademark of BrokerTec Americas LLC
and EBS is a trademark of EBS Group LTD. The S&P 500 Index and
the S&P 500 Dividend Points Index (Annual) are products of
S&P Dow Jones Indices LLC ("S&P DJI"). "S&P®", "S&P
500®", "SPY®", "SPX®", US 500 and The 500 are trademarks of
Standard & Poor's Financial Services LLC; Dow Jones®, DJIA® and
Dow Jones Industrial Average are service and/or trademarks of Dow
Jones Trademark Holdings LLC. These indices and trademarks have
been licensed for use by Chicago Mercantile Exchange Inc. Futures
contracts based on the Indices are not sponsored, endorsed,
marketed, or promoted by S&P DJI, and S&P DJI makes no
representation regarding the advisability of investing in such
products. All other trademarks are the property of their respective
owners.
CME-G
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SOURCE CME Group