The Group reported growth in FX trading for October 2024, with EBS Spot FX ADNV up 15% to $58.3 billion.
The strong performance in FX contributed to CME's overall ADV of 24.3 million contracts.
Foreign
exchange (Forex) trading volumes at CME Group showed robust performance in
October 2024. EBS Spot FX average daily volume (ADV) rose 15% to $58.3
billion.
CME Group's FX Trading
Volumes Show Strong Growth in October
The
derivatives marketplace saw particularly strong growth in its FX Link platform,
where average daily volume surged
193% to 54,000 contracts. This represents approximately $5 billion in notional
value.
The overall
foreign exchange segment recorded an average daily volume of 792,000 contracts
for the month. This performance came amid broader strength across CME's major
asset classes, contributing to the exchange's total ADV of 24.3 million
contracts.
International
trading remained significant, with the total international average daily volume
reaching 7.2 million contracts. The breakdown shows EMEA leading with 5.4
million contracts, followed by Asia at 1.5 million contracts, while Latin
America contributed 135,000 contracts.
Julie Winkler, Senior Managing Director and Chief Commercial Officer, CME Group
This
contrasts with data reported by other
major FX trading venues. Japan's Click 365 reported a 12% decline in volume
in October, while Cboe's average daily volume (ADV) reached $42.8 billion, down
from $46.9 billion.
“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 at CME
Group
Record-Breaking
Performance Across Assets
Beyond
foreign exchange, CME Group achieved several notable milestones across its
major asset classes. Interest rate trading reached a record October average
daily volume of 12.5 million contracts, marking a 6% increase year-over-year.
The U.S. Treasury futures complex was particularly active, with a record
October average daily volume of 5.5 million contracts.
Energy
markets also demonstrated significant strength, with the overall average daily
volume increasing 16% to reach a record October level of 2.7 million contracts.
Notable performances included Henry Hub Natural Gas futures, which saw a 22%
increase to 562,000 contracts, and WTI Crude Oil options, which surged 45% to
282,000 contracts.
The
BrokerTec platform showed strength in repo trading, with U.S. Repo average
daily notional value increasing 11% to $316.7 billion. European Repo activity
grew modestly by 1% to €299.7 billion, while U.S. Treasury trading also saw a
1% increase to $112.8 billion.
CME Group's Q3 Earnings
Soar 14%
In the
third quarter, CME Group experienced
a notable increase in profit, driven by traders utilizing its products to
navigate market volatility. The company reported revenues of $1.3 billion and
an operating income of $820 million.
Net income
rose to $807.8 million, or $2.25 per share, for the quarter ending September
30. This reflects a 13.7% increase from the $710 million, or $1.98 per share,
reported in the same period the previous year.
“CME
Group delivered its ninth consecutive quarter of double-digit growth in
adjusted earnings per share and an increase of 9% in revenue as market
participants continued turning to our markets to mitigate their business risks
amid accelerating geopolitical uncertainty,” stated the CME Group's Chairman and Chief
Executive Officer, Terry Duffy.
Foreign
exchange (Forex) trading volumes at CME Group showed robust performance in
October 2024. EBS Spot FX average daily volume (ADV) rose 15% to $58.3
billion.
CME Group's FX Trading
Volumes Show Strong Growth in October
The
derivatives marketplace saw particularly strong growth in its FX Link platform,
where average daily volume surged
193% to 54,000 contracts. This represents approximately $5 billion in notional
value.
The overall
foreign exchange segment recorded an average daily volume of 792,000 contracts
for the month. This performance came amid broader strength across CME's major
asset classes, contributing to the exchange's total ADV of 24.3 million
contracts.
International
trading remained significant, with the total international average daily volume
reaching 7.2 million contracts. The breakdown shows EMEA leading with 5.4
million contracts, followed by Asia at 1.5 million contracts, while Latin
America contributed 135,000 contracts.
Julie Winkler, Senior Managing Director and Chief Commercial Officer, CME Group
This
contrasts with data reported by other
major FX trading venues. Japan's Click 365 reported a 12% decline in volume
in October, while Cboe's average daily volume (ADV) reached $42.8 billion, down
from $46.9 billion.
“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 at CME
Group
Record-Breaking
Performance Across Assets
Beyond
foreign exchange, CME Group achieved several notable milestones across its
major asset classes. Interest rate trading reached a record October average
daily volume of 12.5 million contracts, marking a 6% increase year-over-year.
The U.S. Treasury futures complex was particularly active, with a record
October average daily volume of 5.5 million contracts.
Energy
markets also demonstrated significant strength, with the overall average daily
volume increasing 16% to reach a record October level of 2.7 million contracts.
Notable performances included Henry Hub Natural Gas futures, which saw a 22%
increase to 562,000 contracts, and WTI Crude Oil options, which surged 45% to
282,000 contracts.
The
BrokerTec platform showed strength in repo trading, with U.S. Repo average
daily notional value increasing 11% to $316.7 billion. European Repo activity
grew modestly by 1% to €299.7 billion, while U.S. Treasury trading also saw a
1% increase to $112.8 billion.
CME Group's Q3 Earnings
Soar 14%
In the
third quarter, CME Group experienced
a notable increase in profit, driven by traders utilizing its products to
navigate market volatility. The company reported revenues of $1.3 billion and
an operating income of $820 million.
Net income
rose to $807.8 million, or $2.25 per share, for the quarter ending September
30. This reflects a 13.7% increase from the $710 million, or $1.98 per share,
reported in the same period the previous year.
“CME
Group delivered its ninth consecutive quarter of double-digit growth in
adjusted earnings per share and an increase of 9% in revenue as market
participants continued turning to our markets to mitigate their business risks
amid accelerating geopolitical uncertainty,” stated the CME Group's Chairman and Chief
Executive Officer, Terry Duffy.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
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🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
