CME Group Reports May 2022 Monthly Market Statistics

Rhea-AI Summary

CME Group reported record performance in May 2022, achieving the highest-ever average daily volume (ADV) of 24.3 million contracts, an 18% increase year-over-year. The Equity Index ADV saw a remarkable 49% growth, mainly due to record Micro E-mini S&P 500 futures volumes. Additionally, SOFR options and futures reached all-time highs in ADV and open interest (OI). Key figures include Interest Rate ADV of 11.6 million contracts and foreign exchange ADV rising by 25%. Overall, the international market also thrived, with ADV outside the U.S. increasing by 17%.

Positive

• Highest-ever May ADV of 24.3 million contracts.
• 18% increase in ADV year-over-year.
• 49% growth in Equity Index ADV.
• Record Micro E-mini S&P 500 futures volume.
• Record SOFR options ADV of 173,964 contracts.
• SOFR futures OI increased to 5,785,591 contracts.
• 30-Day Fed Fund futures ADV surged 221%.
• ADV outside the U.S. rose by 17%.

Negative

• None.

• Highest-ever May ADV
• 18% increase in ADV year-over-year
• 49% growth in Equity Index ADV, driven by record Micro E-mini S&P 500 futures volume
• Record SOFR options ADV and OI, and record SOFR futures OI

CHICAGO, June 2, 2022 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today reported its May 2022 market statistics, showing average daily volume (ADV) increased 18% to 24.3 million contracts during the month. Market statistics are available in greater detail at https://cmegroupinc.gcs-web.com/monthly-volume.

May 2022 ADV across asset classes includes:

• Interest Rate ADV of 11.6 million contracts
• Equity Index ADV of 8.4 million contracts
• Options ADV of 3.8 million contracts
• Energy ADV of 1.8 million contracts
• Agricultural ADV of 1.1 million contracts
• Foreign Exchange ADV of 874,000 contracts
• Metals ADV of 499,000 contracts

Additional May 2022 product highlights compared to May 2021 include:

• Interest Rate ADV increased 14%
• Record SOFR options ADV of 173,964 contracts, including a single-day trading volume record of 397,212 contracts on May 25 and record open interest (OI) of 4,102,865 contracts on May 31
• Record SOFR futures OI of 5,785,591 on May 31
• 8 trading days when SOFR futures daily volume surpassed Eurodollar futures, with SOFR futures ADV in May equivalent to 99.7% of Eurodollar futures ADV in the same period
• 30-Day Fed Fund futures ADV increased 221%
• 5-Year U.S. Treasury Note futures ADV increased 18%
• 2-Year U.S. Treasury Note futures ADV increased 42%
• U.S. Treasury Bond options ADV increased 23%
• Equity Index ADV increased 49%
• Record Micro E-mini S&P 500 futures ADV of 1,566,786 contracts
• Record E-mini Nasdaq-100 options ADV of 20,580 contracts
• E-mini S&P 500 options ADV increased 75%
• Micro E-mini Dow Jones futures ADV increased 79%
• Micro E-mini Nasdaq-100 futures ADV increased 69%
• E-mini Russell 2000 options ADV increased 50%
• E-mini Nasdaq-100 futures ADV increased 42%
• E-mini Russell 2000 futures ADV increased 34%
• Micro E-mini Russell 2000 futures ADV increased 22%
• Foreign Exchange ADV increased 25%
• o  E-mini Euro FX futures ADV increased 25%
• Options ADV increased 17%
• Equity Index options ADV increased 73%
• Foreign Exchange options ADV increased 15%
• Metals options ADV increased 9%
• Energy options ADV increased 7%
• Interest Rate options ADV increased 4%
• Record Micro Ether futures ADV of 26,011 contracts and record Ether futures ADV of 6,484 contracts
• Micro Products ADV
• Micro E-mini Equity Index futures and options ADV of 3.7 million contracts represented 44.6% of overall Equity Index ADV, Micro WTI Crude Oil futures accounted for 6% of overall Energy ADV, Micro Ether futures accounted for 0.3% of overall Equity Index ADV and Micro Bitcoin futures accounted for 0.3% of overall Equity Index ADV
• ADV outside the United States increased 17% to 6.8 million contracts, including 33% growth in Latin America, 30% in APAC and 13% in EMEA
• BrokerTec U.S. Repo average daily notional value (ADNV) increased 35% to $271B, U.S. Treasury increased 25% to $131B and European Repo ADNV increased 8% to €344B
• EBS Spot FX ADNV increased 3% to $64.5B

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. 

CME-G

 

View original content:https://www.prnewswire.com/news-releases/cme-group-reports-may-2022-monthly-market-statistics-301559870.html

SOURCE CME Group

FAQ

What were CME's average daily volumes in May 2022?

CME Group reported an average daily volume (ADV) of 24.3 million contracts in May 2022.

How much did the Equity Index ADV grow in May 2022 for CME?

The Equity Index ADV for CME Group increased by 49% in May 2022.

What was the record ADV for SOFR options in May 2022?

CME Group achieved a record SOFR options ADV of 173,964 contracts in May 2022.

What was the increase in foreign exchange ADV for CME in May 2022?

The foreign exchange ADV for CME Group increased by 25% in May 2022.

How much did the ADV outside the U.S. grow in May 2022?

The ADV outside the U.S. grew by 17% to 6.8 million contracts in May 2022.