CME Group Posts 21% YoY Increase in International Average Daily Volume During Q3 2022

CME Group, the world's leading derivatives marketplace, today announced that its quarterly international average daily volume (ADV) reached 6.1 million contracts in Q3 2022, up 21% year on year.  

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Reflecting all trading reported from outside the United States, volume was driven largely by 36% growth in Foreign Exchange products, a 32% increase in Interest Rate products and a 25% growth in Equity Index products.

"Market conditions in the third quarter of the year continued to create a heightened need for risk management globally as clients worked to navigate volatility caused by ongoing geopolitical tensions and economic uncertainty," said Derek Sammann, Senior Managing Director and Global Head of Commodities, Options and International Markets, CME Group. "We saw a considerable uptick in volumes outside of the U.S. in Q3 year on year, and we are committed to working with clients in these regions and beyond to provide them with the tools to manage their risk going forward."

In Q3 2022, Europe, Middle East and Africa ADV reached 4.2 million contracts, up 14% from Q3 2021. This was driven by a strong performance in Interest Rate and Foreign Exchange products in the region, up 30% and 29% respectively, compared to the same period in 2021.

Asia Pacific ADV reached 1.6 million contracts in Q3 2022, up 41% year on year. This was driven by 66% growth in Foreign Exchange products, 64% growth in Equity Index products and 39% growth in Interest Rate products in the region.

Latin America ADV grew to 155,000 contracts in Q3 2022, up 31% from Q3 2021. This was led by 49% growth in Equity products and 31% growth in Interest Rate products in the region.

Globally, CME Group reported ADV of 22.4 million contracts in Q3 2022, up 26% over the same period in 2021. This increase was largely driven growth in Equity Index products, up 46%, Foreign Exchange products, up 41%, and Interest Rate products, up 28%.