01.03.2025

CME Reports Record Annual ADV

01.03.2025
CME Reports Record Annual ADV
  • Record annual ADV in interest rate, agricultural, foreign exchange and metals products
  • Record annual ADV for U.S. Treasury and SOFR complexes
  • Record annual ADV reached outside the U.S.
  • Record Q4 ADV for U.S. Treasury and cryptocurrency complexes

CME Group, the world’s leading derivatives marketplace, today reported its full-year, Q4 and December 2024 market statistics, showing it reached a record average daily volume (ADV) of 26.5 million contracts during the year, an increase of 9% over 2023. Q4 ADV reached 25.5 million contracts and December ADV reached 22.3 million contracts. Market statistics are available in greater detail at https://cmegroupinc.gcs-web.com/monthly-volume.

Full-year 2024 highlights across asset classes include:

  • Interest Rate ADV increased 10% to a record 13.7 million contracts
    • Record annual U.S. Treasury futures and options ADV of 8.1 million contracts
    • Record annual SOFR futures and options ADV of 5.2 million contracts
    • Record annual Interest Rate options ADV of 2.9 million contracts
    • Record annual 10-Year U.S. Treasury Note futures ADV of 2.3 million contracts
    • Record annual 5-Year U.S. Treasury Note futures ADV of 1.7 million contracts
    • Record annual 2-Year U.S. Treasury Note futures ADV of 1 million contracts
  • Equity Index ADV increased 2% to 6.8 million contracts
    • Record annual Equity Index options ADV of 1.6 million contracts
    • Micro E-mini Nasdaq-100 futures ADV increased 23% to 1.3 million contracts
  • Energy ADV increased 17% to 2.5 million contracts
    • Record annual Energy options ADV of 430,000 contracts
    • Record annual Henry Hub Natural Gas futures ADV of 566,000 contracts
    • Record annual Henry Hub Natural Gas options ADV of 242,000 contracts
    • WTI Crude Oil futures ADV increased 4% to 983,000 contracts
  • Agricultural ADV increased 13% to a record 1.7 million contracts
    • Record annual Agricultural options ADV of 337,000 contracts
    • Record annual Soybean futures ADV of 277,000 contracts
    • Corn futures ADV increased 21% to 402,000 contracts
  • Foreign Exchange ADV increased 8% to a record 1 million contracts
    • Record annual Japanese Yen futures ADV of 182,000 contracts
    • Record annual Canadian Dollar futures ADV of 101,000 contracts
    • Record annual Mexican Peso futures ADV of 73,000 contracts
  • Metals ADV increased 23% to a record 736,000 contracts
    • Record annual Metals options ADV of 117,000 contracts
    • Record annual  Micro Gold futures ADV of 105,000 contracts
    • Copper futures ADV increased 12% to 121,000 contracts
  • Cryptocurrency ADV increased 203% to 117,000 contracts ($6.8 billion notional)
    • Record annual Micro Bitcoin futures ADV of 48,000 contracts
    • Record annual Micro Ether futures ADV of 41,000 contracts
    • Record annual Bitcoin futures ADV of 16,000 contracts
    • Record annual Ether futures ADV of 6,400 contracts
  • International ADV increased 14% to a record 7.8 million contracts, with record  EMEA ADV of 5.8 million contracts and record Asia ADV of 1.7 million contracts

Q4 2024 highlights across asset classes include:

  • Interest Rate ADV of 13.2 million contracts
    • Record Q4 U.S. Treasury futures and options ADV of 7.9 million contracts
    • 2-Year U.S. Treasury Note futures ADV increased 8% to 1 million contracts
    • 10-Year U.S. Treasury Note options ADV increased 17% to 957,000 contracts
    • 30-Day Fed Funds futures ADV increased 15% to 415,000 contracts
  • Equity Index ADV of 6.3 million contracts
    • Micro E-mini Nasdaq-100 futures ADV increased 11% to 1.3 million contracts
    • Micro E-mini Dow Jones futures ADV increased 29% to 105,000 contracts
  • Energy ADV increased 17% to 2.5 million contracts
    • Record Q4 Energy options ADV of 469,000 contracts
    • Henry Hub Natural Gas futures ADV increased 29% to 629,000 contracts
    • Henry Hub Natural Gas options ADV increased 46% to 265,000 contracts
  • Agricultural ADV increased 19% to 1.8 million contracts
    • Record Q4 Agricultural options ADV of 334,000 contracts
    • Corn futures ADV increased 41% to 411,000 contracts
    • Soybean futures ADV increased 17% to 316,000 contracts
  • Foreign Exchange ADV of 969,000 contracts
    • Canadian Dollar futures ADV increased 13% to 101,000 contracts
  • Metals ADV increased 10% to 673,000 contracts
    • Record Q4 Metals options ADV of 109,000 contracts
    • Micro Gold futures ADV increased 88% to 120,000 contracts
  • Cryptocurrency ADV increased 307% to 197,000 contracts ($10 billion notional)
    • Record Q4 Micro Bitcoin futures ADV of 80,000 contracts
    • Record Q4 Micro Ether futures ADV of 76,000 contracts
    • Record Q4 Bitcoin futures ADV of 18,000 contracts
    • Record Q4 Ether futures ADV of 9,200 contracts

December 2024 highlights across asset classes include:

  • Interest Rate ADV of 10.1 million contracts
    • 30-Day Fed Funds futures ADV increased 38% to 432,000 contracts
  • Equity Index ADV increased 2% to 6.7 million contracts
    • Micro E-mini Nasdaq-100 futures ADV increased 32% to 1.3 million contracts
    • Micro E-mini Dow Jones futures ADV increased 68% to 100,000 contracts
  • Energy ADV increased 14% to 2.3 million contracts
    • Record December Energy options ADV of 414,000 contracts
    • Henry Hub Natural Gas futures ADV increased 20% to 653,000 contracts
    • Henry Hub Natural Gas options ADV increased 66% to 281,000 contracts
  • Agricultural ADV increased 24% to 1.5 million contracts
    • December Agricultural options ADV increased 33% to 279,000 contracts
    • Soybean Meal futures ADV increased 18% to 177,000 contracts
  • Foreign Exchange ADV of 1.1 million contracts
    • Canadian Dollar futures ADV increased 29% to 132,000 contracts
  • Metals ADV of 539,000 contracts
    • Micro Gold futures ADV increased 62% to 109,000 contracts
  • Micro Products ADV
    • Micro E-mini Equity Index futures and options ADV of 2.3 million contracts represented 34.3% of overall Equity Index ADV and Micro WTI Crude Oil futures accounted for 2.3% of overall Energy ADV
  • Cryptocurrency ADV increased 366% to 245,000 contracts ($12.5 billion notional)
    • Record monthly Micro Ether futures ADV of 116,000 contracts
    • Record monthly Ether futures ADV of 12,000 contracts
    • Micro Bitcoin futures ADV increased 491% to 87,000 contracts
    • Bitcoin futures ADV increased 56% to 19,000 contracts
  • BrokerTec U.S. Repo average daily notional value (ADNV) increased 8% to $339.9 billion and European Repo ADNV increased 3% to €274 billion
  • EBS Spot FX ADNV increased 6% to $55.8 billion and FX Link ADV increased 91% to a record 32,000 contracts ($2.7 billion notional per leg)
  • Customer average collateral balances to meet performance bond requirements for rolling 3-months ending November 2024 were $74.8 billion for cash collateral and $173.9 billion for non-cash collateral

Source: CME

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