CME Group Achieves International Average Daily Volume of 4.2 Million Contracts in Q2 2018, Up 13 Percent from Q2 2017
LONDON and SINGAPORE, July 15, 2018 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that it achieved quarterly international (defined as outside of the US) average daily volume (ADV) of 4.2 million contracts during the second quarter of 2018, up 13 percent over the same period last year.
Europe, Middle East and Africa quarterly ADV hit close to 3.3 million contracts in the second quarter of 2018, up 9 percent from second quarter 2017. This was driven largely by strong performance in the commodities product suite, with Metals volume up 38 percent and Agricultural Commodities up 12 percent.
Asia Pacific quarterly ADV was 871,000 contracts in the second quarter of the year, up 30 percent from the corresponding period last year. This was driven largely by a strong performance across both the financial and commodities product suite, with Equity Index volumes up 77 percent, Foreign Exchange up 70 percent, Agricultural up 50 percent, and Energy up 41 percent.
Latin America quarterly ADV was 95,000 contracts in the second quarter of the year, up 44 percent from the second quarter in 2017. This was driven by double digit growth across all product lines with Interest Rates volume up 73 percent, Metals up 67 percent and Energy up 46 percent.
"With CME Group's broad array of futures and options products available virtually round the clock, our international customers outside of the US recognize the benefits of trading on a robust, liquid and regulated marketplace like ours," said William Knottenbelt, Senior Managing Director and Head of International, CME Group. "We remain committed to helping our clients with their hedging and trading needs as we seek to further establish ourselves as the exchange of choice globally."
Globally, CME Group averaged 18.4 million contracts per day in the second quarter of 2018, up 12 percent from second quarter of 2017. June 2018 ADV reached 17.8 million contracts, up 8 percent from June 2017. Open interest at the end of June was 115 million contracts, an increase of 2 percent from the end of June 2017, and up 6 percent from year-end 2017. In the second quarter of 2018, CME Group's suite of financial and commodities products saw double digit ADV growth over second quarter of 2017, with Metals up 27 percent, FX up 18 percent, Agricultural up 16 percent, Equity Index up 14 percent, and Interest Rate up 12 percent.
As the world's leading and most diverse derivatives marketplace, CME Group (www.cmegroup.com) is where the world comes to manage risk. CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. Around the world, CME Group brings buyers and sellers together through its CME Globex® electronic trading platform. CME Group also operates one of the world's leading central counterparty clearing providers through CME Clearing, which offers clearing and settlement services across asset classes for exchange-traded and over-the-counter derivatives. CME Group products and services ensure that businesses around the world can effectively manage risk and achieve growth.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex and E-mini are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. Dow Jones, Dow Jones Industrial Average, S&P 500 and S&P are service and/or trademarks of Dow Jones Trademark Holdings LLC, Standard & Poor's Financial Services LLC and S&P/Dow Jones Indices LLC, as the case may be, and have been licensed for use by Chicago Mercantile Exchange Inc. All other trademarks are the property of their respective owners.
CME-G
SOURCE CME Group
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article