CME Group Reports February 2023 Monthly Market Statistics
- Interest Rate ADV grows 8% to second-highest monthly ADV ever
- Record SOFR futures and options volume, OI
- Record Micro Copper futures volume
CHICAGO, March 2, 2023 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today reported its February 2023 market statistics, reaching an average daily volume (ADV) of 28.2 million contracts during the month. Market statistics are available in greater detail at https://cmegroupinc.gcs-web.com/monthly-volume.
February 2023 ADV across asset classes includes:
- Interest Rate ADV of 16.2 million contracts
- Equity Index ADV of 6.9 million contracts
- Options ADV of 5.9 million contracts
- Energy ADV of 2.1 million contracts
- Agricultural ADV of 1.5 million contracts
- Foreign Exchange ADV of 847,000 contracts
- Metals ADV of 614,000 contracts
Additional February 2023 product highlights compared to February 2022 include:
- Interest Rate ADV increased 8%
- Record monthly SOFR futures ADV of 3,766,067 contracts, with record open interest (OI) of 10,711,400 contracts on February 28
- Record monthly SOFR options ADV of 2,422,892 contracts, with record OI of 40,208,228 contracts on February 28
- Record Ultra U.S. Treasury Bond futures ADV of 425,165 contracts
- €STR futures ADV of 2,327 contracts
- 2-Year U.S. Treasury Note options ADV increased 877%
- 5-Year U.S. Treasury Note options ADV increased 36%
- 30 Day Fed Funds futures ADV increased 18%
- Metals ADV increased 6%
- Record monthly Micro Copper futures ADV of 5,855 contracts
- Copper options ADV increased 136%
- Silver options ADV increased 54%
- Options ADV increased 27%
- Interest Rate options ADV increased 52%
- Metals options ADV increased 11%
- Bitcoin futures ADV increased 22%
- Ether futures ADV increased 14%
- Micro Products ADV
- Micro E-mini Equity Index futures and options ADV of 2.6 million contracts represented 37.2% of overall Equity Index ADV, Micro WTI Crude Oil futures accounted for 4.1% of overall Energy ADV, Micro Ether futures accounted for 0.2% of overall Equity Index ADV and Micro Bitcoin futures accounted for 0.2% of overall Equity Index ADV
- BrokerTec European Repo average daily notional value (ADNV) increased 7% to €360B and U.S. Repo ADNV increased 4% to $292B
About CME Group
As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. The company offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing.
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. BrokerTec and EBS are trademarks of BrokerTec Europe LTD and EBS Group LTD, respectively. The S&P 500 Index is a product of S&P Dow Jones Indices LLC ("S&P DJI"). "S&P®", "S&P 500®", "SPY®", "SPX®", US 500 and The 500 are trademarks of Standard & Poor's Financial Services LLC; Dow Jones®, DJIA® and Dow Jones Industrial Average are service and/or trademarks of Dow Jones Trademark Holdings LLC. These trademarks have been licensed for use by Chicago Mercantile Exchange Inc. Futures contracts based on the S&P 500 Index are not sponsored, endorsed, marketed, or promoted by S&P DJI, and S&P DJI makes no representation regarding the advisability of investing in such products. All other trademarks are the property of their respective owners.
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SOURCE CME Group
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