CME Group, the world’s leading derivatives marketplace, today reported its August 2022 market statistics, showing average daily volume (ADV) increased 22% to 21.2 million contracts during the month. Market statistics are available in greater detail at https://cmegroupinc.gcs-web.com/monthly-volume.
August 2022 ADV across asset classes includes:
- Interest Rate ADV of 10.6 million contracts
- Equity Index ADV of 6.3 million contracts
- Options ADV of 3.4 million contracts
- Energy ADV of 1.8 million contracts
- Agricultural ADV of 1.2 million contracts
- Foreign Exchange ADV of 866,000 contracts
- Metals ADV of 427,000 contracts
Additional August 2022 product highlights compared to August 2021 include:
- Equity Index ADV increased 51%
- Micro E-mini S&P 500 futures ADV increased 85%
- Micro E-mini Nasdaq-100 futures ADV increased 71%
- E-mini S&P 500 options ADV increased 67%
- E-mini Nasdaq-100 options ADV increased 39%
- E-mini Nasdaq-100 futures ADV increased 28%
- Foreign Exchange ADV increased 39%
- E-mini Euro FX futures ADV increased 112%
- Japanese Yen futures ADV increased 79%
- Interest Rate ADV increased 20%
- Record monthly SOFR options ADV of 518,296 contracts and record open interest (OI) of 11,272,710 contracts on August 31
- Record SOFR futures OI of 7,705,166 contracts on August 30
- 23 trading days when SOFR futures daily volume surpassed Eurodollar futures, with SOFR futures ADV in August equivalent to 164% of Eurodollar futures ADV in the same period
- 15 trading days when SOFR options daily volume surpassed Eurodollar options, with SOFR options ADV in August equivalent to 120% of Eurodollar options ADV in the same period
- 30-Day Fed Fund futures ADV increased 363%
- 5-Year U.S. Treasury Note options ADV increased 81%
- 2-Year U.S. Treasury Note futures ADV increased 48%
- Options ADV increased 18%
- Equity Index options ADV increased 63%
- Interest Rate options ADV increased 10%
- Agricultural options ADV increased 8%
- Metals options ADV increased 6%
- Cryptocurrency ADV increased 98%
- Bitcoin futures ADV increased 50%
- Ether futures ADV increased 43%
- Micro Products ADV
- Micro E-mini Equity Index futures and options ADV of 2.6 million contracts represented 41% of overall Equity Index ADV, Micro WTI Crude Oil futures accounted for 7% of overall Energy ADV, Micro Ether futures accounted for 0.3% of overall Equity Index ADV and Micro Bitcoin futures accounted for 0.1% of overall Equity Index ADV
- ADV outside the United States increased 20% to 5.6 million contracts, including 37% growth in APAC, 26% in Latin America and 14% in EMEA
- BrokerTec U.S. Treasury average daily notional value (ADNV) increased 23% to $111.4B, European Repo ADNV increased 21% to €343.7B and U.S. Repo ADNV increased 18% to $268B
Source: CME Group
