CME Group Hits Quarterly International ADV of 7.3 Million Contracts in Q1

One of the well-known derivatives marketplaces in the world, CME Group has recently released its average daily volume (ADV) for the first quarter of 2022 (Q1 2022). During the reported period, CME Group reached a record quarterly international ADV of 7.3 million contracts, which is up by 18% compared to the same period in 2021.

The latest surge was driven by the growing interest in Equity Index products and Interest Rate products. Trading activity in Equity Index and Interest Rate products increased by 31% and 19%, respectively. For the first quarter of this year, CME Group reported a sharp surge in Asia Pacific ADV as the figure reached a record 1.9 million contracts, which is up 22% YoY.

“In Q1 2022, Europe, Middle East, and Africa ADV hit 5.1 million contracts, up 17% from Q1 2021. This was driven by a strong performance in Equity Index products and Agricultural products in the region, up 29% and 18% respectively, compared to the same period in 2021,” CME Group highlighted.

Growth

Earlier this year, CME Group reported record growth in volumes related to SOFR Futures. Trading activity across SOFR Options also jumped. In the past 12 months, the platform posted a significant spike in trading volumes amid a rise in global demand. In 2021, CME Group achieved a record ADV.

During the recent quarter, Latin America ADV increased by 28% YoY and touched 162,000 contracts. The surge was driven by 40% growth in Equity Index products and 30% growth in interest rate products.

“Globally, CME Group reported ADV of 26 million contracts in Q1 2022, up 19% over the same period in 2021. This increase was largely driven by growth in Equity Index products, up 30%, and Interest Rate products, up 21%,” the Group added.