CME Group’s international average daily volume reached 6.3 million contracts in Q2 2022, up 21% from Q2 2021
LONDON and SINGAPORE, July 12, 2022 /PRNewswire/ — CME Group, the world’s leading derivatives market, today announced that its quarterly international average daily volume (ADV) reached 6.3 million contracts in the second quarter of 2022, up 21% year-on-year. Reflecting all externally reported transactions United Statesvolume was largely driven by a 43% growth in equity index products, a 28% increase in interest rate products, a 24% increase in foreign exchange products and a 44% growth in stock options.
“Market conditions in the second quarter of the year continued to create an increased need for global risk management as clients around the world struggled to navigate continued uncertainty and volatility,” said declared Derek Samman, Senior Managing Director and Global Head of Commodities, Options and International Markets, CME Group. “We have seen significant volume increases in Europe and Asia in the second quarter and continue to work with customers in these regions and beyond to deliver the financial and commodity risk management tools they rely on, around the clock and around the world. »
In Q2 2022, Europe, Middle East and Africa ADV reached 4.3 million contracts, up 15% compared to Q2 2021. This was driven by a strong performance of equity index products and interest rate products in the region, in increase of 31% and 24% respectively, compared to the same period in 2021.
Asia Pacific ADV reached 1.7 million contracts in the second quarter of 2022, up 36% year-on-year. This was driven by 70% growth in equity index products, 38% growth in interest rate products and 37% growth in energy products in the region.
ADV in Latin America grew to 164,000 contracts in Q2 2022, up 40% from Q1 2021. This was led by growth of 59% in equity index revenue and growth of 65 % of interest rate products in the region.
Canada ADV grew to 154,000 contracts in Q2 2022, up 20% year-over-year. This was driven by strong performance in equity index and interest rate products, up 34% and 30% respectively, compared to the same period in 2021.
Globally, CME Group recorded ADV of 23.1 million contracts in the second quarter of 2022, up 25% compared to the same period in 2021. This increase was largely due to revenue growth from stock market indices, up 57%, as well as foreign exchange and interest rate products, both up 24%.
As the world’s leading derivatives market, CME Group (www.cmegroup.com) enables clients to trade futures, options, spot and over-the-counter markets, optimize portfolios and analyze data, enabling market participants around the world to efficiently manage risks and seize opportunities. CME Group exchanges offer the broadest range of global benchmark products across all major asset classes based on interest rate, stock indices, exchange, energy, agricultural production and metals. The Company offers futures contracts and options on futures contracts through the CME Globex®, fixed income trading via BrokerTec and currency 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 services and/or registered trademarks of Dow Jones Trademark Holdings LLC, Standard & Poor’s Financial Services LLC and S&P/Dow Jones Indices LLC, as applicable, and have been licensed licensed for use by Chicago Mercantile Exchange Inc. All other marks are the property of their respective owners.
SOURCE CME Group