CME Group Reports Second-Highest Record in ADV for March and Q1 2023

CME Group, the world's leading derivatives marketplace, reported its market statistics for March and Q1 2023, showing its average daily volume (ADV) increased 24% on a yearly basis to 30.3 million contracts in March, representing the company's second-highest March ADV on record. The ADV in Q1 2023 increased 4% on YoY basis to 26.9 million contracts, the second-highest quarterly volume ever. 

ADV Across Asset Classes for March 2023 (Compared to March 2022):

• Interest Rate ADV of 16.7 million contracts, up 40%;

• Equity Index ADV of 8.1 million contracts, up 13%;

• Record Options ADV of 6.6 million contracts, up 46%;

• Energy ADV of 2.1 million contracts;

• Agricultural ADV of 1.4 million contracts, up 11%;

• Foreign Exchange ADV of 1.2 million contracts, up 17%;

• Metals ADV of 699,000 contracts, up 12%;

• Bitcoin futures ADV increased 51%;

• Ether futures ADV increased 46%;

• ADV outside the United States increased 20% to 8.4 million contracts, including 44% growth in Latin America, 19% in Asia and 21% in EMEA;

• Micro E-mini futures and options represented 34.3% of overall Equity Index ADV, Micro WTI Crude Oil futures accounted for 4.8% of overall Energy ADV, Micro Bitcoin futures accounted for 0.1% and Micro Ether futures accounted for 0.1% of overall Equity Index ADV;

• BrokerTec European Repo average daily notional value (ADNV) increased 10% to €372B and U.S. Repo ADNV increased 1% to $289B.

Highlights Across Asset Classes for Q1 2023 (Compared to Q1 2022)

• Record Interest Rate ADV of 14,489,970 contracts, an increase of 16% year-over-year;

• Record Options ADV of 5,810,179 contracts, an increase of 26% year-over-year;

• Foreign Exchange ADV increased 7%;

• Metals increased 9%;

• Bitcoin futures ADV increased 26%;

• Ether futures ADV increased 14%.