CME Group Achieves Multiple Record ADV in Full-Year, Q4, and December 2023

CME Group, the world's leading derivatives marketplace, published its trading statistics for its full-year, Q4, and December 2023, reporting the average daily volume (ADV) of 24.4 million contracts for the year, increasing 5% compared to that of 2022, hitting a record high. ADV for Q4 was up 17% to a record 25.5 million contracts and ADV for December was up 20% to a record 23.0 million contracts.

Highlights for the Full Year 2023:

• Interest Rate ADV increased 16% to a record 12.5 million contracts;

• Record annual SOFR futures and options ADV of 5,121,842 contracts;

• Record annual U.S. Treasury futures and options ADV of 6,785,867 contracts;

• Record annual 30-Day Fed Funds futures ADV of 441,991 contracts;

• Options ADV increased 23% to a record 5.1 million contracts;

• Record annual Interest Rate options ADV of 2,916,259 contracts;

• Record annual Equity Index options ADV of 1,430,072 contracts;

• ADV outside the United States increased 8% to a record 6,838,836 contracts, including 13% in EMEA and 11% growth in Latin America.

Highlights for Q4 2023:

• Interest Rate ADV increased 36% to 13.3 million contracts;

• Record quarterly U.S. Treasury futures and options ADV of 7,725,355 contracts;

• Options ADV increased 30% to 5.4 million contracts;

• Record quarterly Equity Index options ADV of 1,693,400 contracts.

Highlights for December 2023:

• Interest Rate ADV increased 44% to a December record of 11.4 million contracts;

• SOFR futures and options ADV increased 92% to 5.3 million contracts, with record OI of 60,891,125 contracts on December 13;

• U.S. Treasury futures and options ADV increased 44% to 5.8 million contracts;

• 30-Day Fed Funds futures ADV increased 37% to 314,000 contracts;

• Options ADV increased 36% to a December record of 5.1 million contracts;

• Interest Rate options ADV increased 36% to 2.9 million contracts;

• Equity Index options ADV increased 35% to 1.6 million contracts;

• Foreign Exchange ADV increased 10% to a record 1.1 million contracts;

• Japanese Yen futures ADV increased 27% to 214,000 contracts.

Additionally, in the last month of 2023, CME Group announced parts of its plan for 2024, which includes launching a new all-to-all marketplace CME FX Spot+​, and combining its two non-deliverable forward (NDF) liquidity pools​ on the EBS Market platform onto a single trading venue.