CME Group Reports Record Annual ADV of 26.5 Million Contracts in 2024, Driven by Growth Across All Six Asset Classes

Rhea-AI Summary

CME Group reported record average daily volume (ADV) of 26.5 million contracts in 2024, marking a 9% increase from 2023. Growth was observed across all six asset classes, with notable achievements including:

- Interest Rate ADV up 10% to 13.7M contracts
- Equity Index ADV up 2% to 6.8M contracts
- Energy ADV up 17% to 2.5M contracts
- Agricultural ADV up 13% to 1.7M contracts
- Foreign Exchange ADV up 8% to 1M contracts
- Metals ADV up 23% to 736,000 contracts

Particularly strong performance was seen in cryptocurrency trading, with a 203% increase to 117,000 contracts ($6.8B notional). International ADV reached a record 7.8M contracts, up 14%. The company's Q4 ADV was 25.5M contracts, while December ADV reached 22.3M contracts.

Positive

• Record annual ADV of 26.5M contracts, up 9% YoY
• Growth across all six asset classes
• Cryptocurrency ADV surged 203% to 117,000 contracts
• International ADV increased 14% to record 7.8M contracts
• Energy ADV grew 17% to 2.5M contracts
• Interest Rate ADV increased 10% to record 13.7M contracts

Negative

• Modest 2% growth in Equity Index ADV compared to other segments

News Market Reaction

-0.09%

1 alert

-0.09% News Effect

On the day this news was published, CME declined 0.09%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

• 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

CHICAGO, Jan. 3, 2025 /PRNewswire/ -- 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

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 is a trademark of BrokerTec Americas LLC and EBS is a trademark of EBS Group LTD. 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.

CME-G

 

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SOURCE CME Group

FAQ

What was CME Group's average daily trading volume in 2024?

CME Group achieved a record average daily volume (ADV) of 26.5 million contracts in 2024, representing a 9% increase from 2023.

How much did CME's cryptocurrency trading volume grow in 2024?

CME's cryptocurrency ADV increased 203% to 117,000 contracts, representing $6.8 billion in notional value.

What was CME's Interest Rate trading performance in 2024?

CME's Interest Rate ADV increased 10% to a record 13.7 million contracts, including record U.S. Treasury futures and options ADV of 8.1 million contracts.

How did CME's international trading perform in 2024?

CME's international ADV increased 14% to a record 7.8 million contracts, with record EMEA ADV of 5.8 million contracts and Asia ADV of 1.7 million contracts.

What was CME's Q4 2024 trading volume?

CME Group's Q4 2024 ADV reached 25.5 million contracts, with particularly strong performance in cryptocurrency and energy options trading.