CME Group Achieves Record International Average Daily Volume of 6.3 Million Contracts in 2022, Up 15% from 2021

Rhea-AI Summary

CME Group announced a record international average daily volume (ADV) of 6.3 million contracts in 2022, reflecting a 15% increase from 2021. This growth was driven by significant demand in Equity Index and Foreign Exchange products, which rose by 26% and 22%, respectively. The total global ADV reached 23.3 million contracts, a 19% increase year-on-year. Notable regional performance included Europe, the Middle East, and Africa with 4.3 million contracts (up 10%), and Asia Pacific achieving 1.7 million contracts, a 27% rise. The company remains focused on expanding its client base globally amidst ongoing economic uncertainties.

Positive

• Record international ADV of 6.3 million contracts in 2022, up 15%.
• Total global ADV reached 23.3 million contracts, a 19% increase over 2021.
• Significant growth in Equity Index products (39% increase) and Foreign Exchange products (24% increase).
• Europe, Middle East, and Africa ADV at 4.3 million contracts, increased 10%.
• Asia Pacific ADV at 1.7 million contracts, increased 27%.

Negative

• None.

LONDON and SINGAPORE, Jan. 11, 2023 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that it achieved record international average daily volume (ADV) of 6.3 million contracts in 2022, up 15% from 2021. This record, reflecting all trading done outside the United States, was driven largely by growth in Equity Index and Foreign Exchange products, up 26% and 22% respectively.

"Market participants across the globe turned to CME Group benchmark futures and options contracts to manage their risk amid volatile market conditions in 2022," said Derek Sammann, Senior Managing Director and Global Head of Commodities, Options & International Markets, CME Group. "As economic and geopolitical uncertainties continue into 2023, we remain committed in working to attract new clients outside of the U.S. to access our robust, regulated marketplace with round-the-clock liquidity."

In 2022, Europe, Middle East and Africa ADV hit a record 4.3 million contracts, up 10% from 2021. This was driven by a strong performance in Foreign Exchange products in the region, up 20%, compared to the same period in 2021, as well as Interest Rate and Equity Index products, both up 17% year-on-year. 

Asia Pacific full year ADV reached a record 1.7 million contracts in 2022, up 27% from 2021. This was driven by 48% growth in Equity Index products and 31% growth in Foreign Exchange products in the region.

Canada ADV grew to a record 155,000 contracts in 2022, up 21% from 2021. This was driven by a strong performance in Interest Rate and Equity Index products, up 31% and 30% respectively, compared to the same period in 2021. 

Latin America ADV grew to 158,000 contracts in 2022, up 30% from 2021. This was led by 70% growth in Energy products and 50% growth in Equity Index products in the region. 

Globally, CME Group reported a record ADV of 23.3 million contracts in 2022, up 19% over 2021. This was largely driven growth in Equity Index and Foreign Exchange products, up 39% and 24% respectively over 2021.

About CME Group

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 and EBS are trademarks of BrokerTec Europe LTD and EBS Group LTD, respectively. Dow Jones, Dow Jones Industrial Average, S&P 500 and S&P are service and/or trademarks of Dow Jones Trademark Holdings LLC, Standard & Poor's Financial Services LLC and S&P/Dow Jones Indices LLC, as the case may be, and have been licensed for use by Chicago Mercantile Exchange Inc. All other trademarks are the property of their respective owners. 

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SOURCE CME Group

FAQ

What was CME's international average daily volume in 2022?

CME Group achieved a record international average daily volume (ADV) of 6.3 million contracts in 2022.

How much did CME's global ADV increase in 2022?

CME's total global ADV reached 23.3 million contracts, marking a 19% increase over 2021.

What drove the growth in CME's ADV?

The growth was primarily driven by increases in Equity Index products (39%) and Foreign Exchange products (24%).

Which region saw the highest growth in CME's ADV?

Asia Pacific saw the highest growth with an ADV of 1.7 million contracts, up 27% from 2021.

What specific performance did CME Group report for Europe and the Middle East in 2022?

In 2022, Europe, the Middle East, and Africa reported an ADV of 4.3 million contracts, up 10% from the previous year.