STOCK TITAN

CME Group International Average Daily Volume Reached New Record of 8.4 Million Contracts in Q3 2024

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

CME Group reported a record international average daily volume (ADV) of 8.4 million contracts in Q3 2024, up 29% year-on-year. This growth was driven by increases across all asset classes, with interest rate and equity products accounting for 75% of the volume growth. Key highlights include:

- EMEA ADV hit a record 6.2 million contracts, up 30%
- APAC ADV reached 1.8 million contracts, up 28%
- Interest rate products saw record growth of 32%, driven by 38% growth in SOFR futures and 25% in Treasury contracts
- Energy products grew 30%, Equities up 25%, and record FX volumes increased by 14%

Globally, CME Group reported a record ADV of 28.3 million contracts in Q3 2024, up 27% year-on-year, largely driven by record volume in interest rate products.

CME Group ha riportato un volume medio giornaliero internazionale (ADV) record di 8,4 milioni di contratti nel terzo trimestre del 2024, in aumento del 29% rispetto all'anno precedente. Questa crescita è stata alimentata dagli aumenti in tutti i settori, con i prodotti legati ai tassi di interesse e a quelli azionari che hanno rappresentato il 75% della crescita del volume. I punti salienti includono:

- L'ADV EMEA ha raggiunto un record di 6,2 milioni di contratti, con un incremento del 30%
- L'ADV APAC ha toccato 1,8 milioni di contratti, con un aumento del 28%
- I prodotti legati ai tassi di interesse hanno registrato una crescita record del 32%, trainata da un incremento del 38% nei futures SOFR e del 25% nei contratti del Tesoro
- I prodotti energetici sono cresciuti del 30%, le azioni del 25% e i volumi record nel FX sono aumentati del 14%

Globlalmente, CME Group ha riportato un ADV record di 28,3 milioni di contratti nel Q3 2024, in aumento del 27% rispetto all'anno precedente, principalmente grazie ai volumi record nei prodotti legati ai tassi di interesse.

CME Group reportó un volumen promedio diario internacional (ADV) récord de 8.4 millones de contratos en el tercer trimestre de 2024, un aumento del 29% interanual. Este crecimiento fue impulsado por aumentos en todas las clases de activos, con los productos de tasas de interés y acciones representando el 75% del crecimiento del volumen. Los aspectos destacados incluyen:

- El ADV EMEA alcanzó un récord de 6.2 millones de contratos, un aumento del 30%
- El ADV APAC llegó a 1.8 millones de contratos, un aumento del 28%
- Los productos de tasas de interés vieron un crecimiento récord del 32%, impulsados por un aumento del 38% en los futuros de SOFR y del 25% en los contratos del Tesoro
- Los productos de energía crecieron un 30%, las acciones un 25%, y los volúmenes récord de FX aumentaron un 14%

A nivel global, CME Group reportó un ADV récord de 28.3 millones de contratos en el Q3 2024, un aumento del 27% interanual, impulsado en gran medida por volúmenes récord en productos de tasas de interés.

CME 그룹은 2024년 3분기 일평균 국제 거래량(ADV)이 840만 계약으로 기록적인 수치를 기록했다고 보고했으며, 이는 전년 대비 29% 증가한 수치입니다. 이러한 성장은 모든 자산 클래스에서의 증가에 의해 주도되었으며, 이자율 및 주식 상품이 거래량 성장의 75%를 차지했습니다. 주요 하이라이트는 다음과 같습니다:

- EMEA ADV는 620만 계약으로 30% 증가하며 기록을 세웠습니다.
- APAC ADV는 180만 계약에 도달하여 28% 증가했습니다.
- 이자율 상품은 32%의 기록적인 성장을 보였고, SOFR 선물은 38%, 국채 계약은 25% 증가했습니다.
- 에너지 제품은 30%, 주식은 25% 증가했으며, FX 거래량은 14% 증가했습니다.

전 세계적으로 CME 그룹은 2024년 3분기 ADV가 2830만 계약으로 기록적인 수치를 기록했다고 보고했으며, 이는 전년 대비 27% 증가한 수치로, 주로 이자율 상품에서의 기록적인 거래량 덕분에 이루어졌습니다.

CME Group a signalé un volume moyen quotidien international (ADV) record de 8,4 millions de contrats au troisième trimestre 2024, en hausse de 29 % par rapport à l'année précédente. Cette croissance a été alimentée par des augmentations dans toutes les classes d'actifs, les produits liés aux taux d'intérêt et les actions représentant 75 % de la croissance du volume. Les faits saillants incluent :

- L'ADV EMEA a atteint un record de 6,2 millions de contrats, soit une augmentation de 30 %
- L'ADV APAC a atteint 1,8 million de contrats, en hausse de 28 %
- Les produits de taux d'intérêt ont enregistré une croissance record de 32 %, avec une augmentation de 38 % des contrats à terme SOFR et 25 % des contrats du Trésor
- Les produits énergétiques ont progressé de 30 %, les actions de 25 %, et les volumes FX records ont augmenté de 14 %

À l'échelle mondiale, CME Group a signalé un ADV record de 28,3 millions de contrats au Q3 2024, en hausse de 27 % par rapport à l'année précédente, largement soutenu par un volume record dans les produits de taux d'intérêt.

CME Group berichtete von einem rekordmäßigen internationalen durchschnittlichen täglichen Volumen (ADV) von 8,4 Millionen Kontrakten im Q3 2024, was einem Anstieg von 29% im Vergleich zum Vorjahr entspricht. Dieses Wachstum wurde durch Steigerungen in allen Anlageklassen vorangetrieben, wobei Zins- und Aktienprodukte 75% des Volumenwachstums ausmachten. Wichtige Höhepunkte sind:

- EMEA ADV erreichte einen Rekord von 6,2 Millionen Kontrakten, was einem Anstieg von 30% entspricht.
- APAC ADV erreichte 1,8 Millionen Kontrakte, was einem Anstieg von 28% entspricht.
- Zinsprodukte verzeichneten ein rekordverdächtiges Wachstum von 32%, angetrieben durch ein Wachstum von 38% bei SOFR-Futures und 25% bei Staatsanleihen
- Energieprodukte wuchsen um 30%, Aktien stiegen um 25%, während die rekordverdächtigen FX-Volumina um 14% zulegten.

Weltweit berichtete CME Group von einem rekordmäßigen ADV von 28,3 Millionen Kontrakten im Q3 2024, was einem Anstieg von 27% im Vergleich zum Vorjahr entspricht, der hauptsächlich auf das rekordverdächtige Volumen bei Zinsprodukten zurückzuführen ist.

Positive
  • Record international ADV of 8.4 million contracts in Q3 2024, up 29% year-on-year
  • Record EMEA ADV of 6.2 million contracts, up 30%
  • APAC ADV reached 1.8 million contracts, up 28%
  • Interest rate products saw record growth of 32% in quarterly volumes
  • SOFR futures grew 38% and Treasury contracts grew 25%
  • Energy products grew 30%, Equities up 25%, and FX volumes increased by 14%
  • Global record ADV of 28.3 million contracts in Q3 2024, up 27% year-on-year
  • Record volume of 14.9 million contracts in interest rate products, up 36% year-over-year
  • U.S. Treasury complex hit an all-time quarterly ADV record of 8.4 million contracts
  • SOFR futures reached an all-time quarterly ADV record of 4.1 million contracts
Negative
  • None.

Insights

CME Group's record-breaking Q3 2024 performance is a significant positive indicator for the company's growth trajectory. The 29% year-over-year increase in international average daily volume (ADV) to 8.4 million contracts demonstrates robust global demand for CME's derivatives products. Particularly noteworthy is the 32% growth in interest rate products, driven by 38% growth in SOFR futures and 25% growth in Treasury contracts. This surge aligns with the current macroeconomic environment of interest rate volatility and uncertainty.

The strong performance across all regions, especially in EMEA (up 30%) and APAC (up 28%), indicates successful market penetration and expansion strategies. The diversified growth across asset classes - including energy, equities and FX - showcases CME's ability to capitalize on various market opportunities. With a global ADV of 28.3 million contracts, up 27% YoY, CME is solidifying its position as the world's leading derivatives marketplace. This growth should translate into increased revenue and potentially improved margins, making it a positive development for investors.

The record-breaking performance of CME Group in Q3 2024 reflects broader market trends and investor behavior. The significant uptick in interest rate products, particularly SOFR futures, indicates a shift in market preference towards newer benchmarks and increased hedging activities amidst economic uncertainties. The 30% growth in energy products aligns with global concerns over energy security and price volatility, while the 25% increase in equity products suggests continued investor engagement in stock markets despite macroeconomic challenges.

Regionally, the strong growth in EMEA and APAC markets (30% and 28% respectively) underscores the increasing globalization of financial markets and the growing importance of these regions in global trading. The diversified growth across asset classes demonstrates CME's robust product mix and its ability to meet varied investor needs. This performance not only strengthens CME's market position but also indicates a healthy, active global derivatives market, which is important for efficient risk management and price discovery across various sectors of the economy.

  • Record Europe, Middle East and Africa (EMEA) ADV of 6.2M, up 30% in Q3 2024
  • Asia Pacific (APAC) ADV of 1.8M, up 28%

LONDON and SINGAPORE, Oct. 14, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that its international average daily volume (ADV) reached a record 8.4 million contracts in Q3 2024, up 29% 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, which accounted for three-quarters of the growth in volume.  

Interest rate products saw record growth of 32% in quarterly volumes year on year, driven by an increase of 38% growth in SOFR futures and 25% growth in Treasury contracts. In addition, Energy products saw 30% growth, Equities products were up 25%, and record FX volumes increased by 14% in the third quarter.

"Our record Q3 international ADV was driven by significant increases in volume across all asset classes in EMEA and APAC, demonstrating how our clients turned to the breadth of our products to navigate unpredictability and volatility," said Julie Winkler, Senior Managing Director and Chief Commercial Officer, CME Group. "In particular, our SOFR and U.S. Treasury futures and E-Mini equity options achieved notable growth. Going forward, we remain focused on partnering with our clients to help them manage risk, pursue opportunities and expand their businesses internationally." 

In Q3 2024, EMEA ADV hit a record 6.2 million contracts, up 30% from Q3 2023. Energy, interest rate and foreign exchange products reached new ADV records in EMEA in Q3 2024, growing 37%, 32% and 18% respectively year on year.

APAC ADV hit 1.8 million contracts in Q3 2024, up 28% from Q3 2023. The region saw strong quarterly ADV performance in metals, up 49%, while interest rate and equity products ADV were up 33% and 30% year over year respectively.

LatAm ADV stood at 181,000 contracts in Q3 2024, up 12% compared to Q3 2023. There was strong quarterly ADV performance in metals, up 37% and energy products, up 30% year over year. 

Canada ADV stood at 169,000 contracts in Q3 2024, up 21% YoY. This was a result of strong growth in interest rate and energy products, up 39% and 19% year over year. 

Globally, CME Group reported a record ADV of 28.3 million contracts in Q3 2024, up 27% over Q3 2023. This was largely driven by record volume of 14.9 million contracts in interest rate products, up 36% year over year. CME Group's deeply liquid U.S. Treasury complex hit an all-time quarterly ADV record of 8.4 million contracts and SOFR futures reached an all-time quarterly ADV record of 4.1 million contracts.

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 ratesequity indexesforeign exchangeenergyagricultural 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 is a product 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 trademarks have been licensed for use by Chicago Mercantile Exchange Inc. Futures contracts based on the S&P 500 Index 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

 

Cision View original content:https://www.prnewswire.com/news-releases/cme-group-international-average-daily-volume-reached-new-record-of-8-4-million-contracts-in-q3-2024--302274127.html

SOURCE CME Group

FAQ

What was CME Group's international average daily volume (ADV) in Q3 2024?

CME Group's international average daily volume (ADV) reached a record 8.4 million contracts in Q3 2024, up 29% year-on-year.

How did CME's EMEA and APAC regions perform in Q3 2024?

EMEA ADV hit a record 6.2 million contracts, up 30% from Q3 2023. APAC ADV reached 1.8 million contracts, up 28% from Q3 2023.

What was the growth rate of CME's interest rate products in Q3 2024?

Interest rate products saw record growth of 32% in quarterly volumes year-on-year, driven by 38% growth in SOFR futures and 25% growth in Treasury contracts.

What was CME Group's global average daily volume in Q3 2024?

Globally, CME Group reported a record ADV of 28.3 million contracts in Q3 2024, up 27% over Q3 2023.

How did CME's SOFR futures perform in Q3 2024?

SOFR futures reached an all-time quarterly ADV record of 4.1 million contracts in Q3 2024.

CME Group Inc.

NASDAQ:CME

CME Rankings

CME Latest News

CME Stock Data

81.45B
360.09M
0.43%
89.52%
1.01%
Financial Data & Stock Exchanges
Security & Commodity Brokers, Dealers, Exchanges & Services
Link
United States of America
CHICAGO