CME Group Reports Record Annual ADV of 28.1 Million Contracts in 2025, Up 6% Year Over Year

Rhea-AI Summary

CME Group (NASDAQ:CME) reported record average daily volume (ADV) of 28.1 million contracts for 2025, up 6% year‑over‑year, with record Q4 ADV of 27.4 million and record December ADV of 23.5 million.

Key 2025 records include Interest Rate ADV 14.2M, U.S. Treasury ADV 8.3M, SOFR ADV 5.4M, Equity Index ADV 7.4M, Metals ADV 988k, and Cryptocurrency ADV 278k ($12B notional). International ADV hit a record 8.4M contracts.

Positive

• Record annual ADV of 28.1M contracts (+6% YoY)
• Record Q4 ADV of 27.4M contracts
• Interest Rate ADV record of 14.2M contracts
• Record U.S. Treasury ADV of 8.3M contracts
• Cryptocurrency ADV +139% to 278k contracts ($12B notional)
• International ADV record of 8.4M contracts

Negative

• None.

Key Figures

Record annual ADV 28.1 million contracts Full-year 2025 average daily volume, up 6% vs 2024

Q4 2025 ADV 27.4 million contracts Record average daily volume in Q4 2025

Interest Rate ADV 14.2 million contracts Full-year 2025, up 4%, record level

Equity Index ADV 7.4 million contracts Full-year 2025, up 8%

Energy ADV 2.7 million contracts Full-year 2025, record, up 8%

Cryptocurrency ADV 278,000 contracts ($12 billion notional) Full-year 2025, record, up 139%

International ADV 8.4 million contracts Full-year 2025, record, up 8%

BrokerTec U.S. Repo ADNV $386 billion Average daily notional value, up 14%

Market Reality Check

$266.81 Last Close

Volume Volume 1,177,104 is below the 20-day average of 1,654,147 (relative volume 0.71x). normal

Technical Price 269.68 is trading slightly below the 200-day MA at 271.54.

Peers on Argus 1 Up

Peers showed mixed moves: ICE, MCO, NDAQ and SPGI were modestly down while COIN gained, indicating today’s action in CME is more stock-specific than sector-driven.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 22	Product launch	Positive	+1.5%	Launch of FanDuel Predicts event-contracts app in initial U.S. states.
Dec 22	Correction release	Neutral	+1.5%	Clarified details on FanDuel Predicts rollout and contract coverage.
Dec 18	Corporate governance	Neutral	+1.1%	Announcement of date and logistics for 2026 annual shareholder meeting.
Dec 17	Earnings scheduling	Neutral	+0.3%	Set timing and access details for Q4 and full-year 2025 earnings call.
Dec 15	Crypto product launch	Positive	-0.5%	Launch of Spot-Quoted XRP and SOL futures expanding crypto offering.

Pattern Detected

Recent news—product launches, partnerships and corporate updates—has generally seen modest positive price reactions, with only one small divergence on crypto product expansion.

Recent Company History

Over the last few weeks, CME’s news flow highlighted product innovation and corporate housekeeping. On Dec 15, 2025, it expanded crypto offerings with Spot-Quoted XRP and SOL futures, which saw a mild -0.5% reaction. Two Dec 22, 2025 releases around the FanDuel Predicts app coincided with a +1.53% move, and the Dec 18 annual meeting date notice aligned with a +1.15% gain. Historically, even neutral operational updates have tended to align with modestly positive price responses.

Market Pulse Summary

This announcement highlights record 2025 activity, with overall ADV reaching 28.1 million contracts, up 6% year over year, and strength across interest rates, equity index, energy, agricultural, metals and cryptocurrency products. It adds to a recent pattern of product expansion and operational milestones. Investors may watch how these volume trends translate into clearing and transaction fee revenue in upcoming earnings, and monitor whether growth in high-velocity areas like crypto and international markets remains durable.

Key Terms

average daily volume financial

"reported its full-year, Q4 and December 2025 market statistics, with record average daily volume (ADV)"

Average daily volume is the typical number of shares or contracts of a security traded each day, calculated by averaging daily trading amounts over a recent period. It matters to investors because it indicates how easy it is to buy or sell without moving the price—like traffic on a road: high volume is a busy freeway that lets many cars pass smoothly, while low volume can make large orders cause big price changes and higher costs.

futures financial

"enables clients to trade futures, options, cash and OTC markets"

A futures contract is a standardized agreement to buy or sell an asset (like a commodity, currency, or stock index) at a fixed price on a specific future date. Think of it like locking in the price of a house today for a move-in years from now: it lets buyers and sellers protect themselves against price swings or bet on which way prices will move. For investors, futures matter because they provide a cheap way to manage risk, amplify returns through leverage, and signal market expectations that can move cash prices.

options financial

"enables clients to trade futures, options, cash and OTC markets"

Options are contracts that give investors the right to buy or sell an asset at a specific price within a certain time frame. They function like a reservation or a ticket that allows for potential profit or protection against price changes, making them useful tools for managing investment risks or speculating on market movements.

central counterparty clearing financial

"it operates one of the world's leading central counterparty clearing providers, CME Clearing"

A central counterparty clearing (CCP) is a specialized financial intermediary that sits between buyers and sellers of securities or derivatives, becoming the buyer to every seller and the seller to every buyer to guarantee trades are completed. Like an insurance-backed referee, it manages the risk of someone failing to pay by requiring collateral, pooling resources, and simplifying many trades into smaller net payments, which helps investors by lowering the chance of loss from a counterparty default and improving market stability and liquidity.

notional financial

"Cryptocurrency ADV increased 139% to a record 278,000 contracts ($12 billion notional)"

Notional refers to the reference amount used to calculate payments or measure the size of a financial contract, without representing actual cash that changes hands. For investors it shows the scale of exposure — like the mileage used to compute a car rental bill even though you don’t buy the miles themselves — and helps compare risk and potential gains or losses across instruments.

over-the-counter financial

"trade futures, options, cash and OTC markets, optimize portfolios"

Over-the-counter describes securities or trades that occur directly between buyers and sellers rather than on a formal stock exchange. Think of it like buying at a flea market instead of a big supermarket: prices, rules and transparency can vary, which can mean lower liquidity, wider price swings and less regulatory oversight—factors investors watch because they affect ease of trading and risk level.

AI-generated analysis. Not financial advice.

• Record annual ADV in interest rate, energy, agricultural, metals and cryptocurrency products
• Record annual ADV in U.S. Treasury and SOFR complexes
• Record annual ADV reached outside the U.S.
• Record Q4 and December ADV

CHICAGO, Jan. 5, 2026 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today reported its full-year, Q4 and December 2025 market statistics, with record average daily volume (ADV) of 28.1 million contracts during the year, an increase of 6% over 2024. Q4 ADV reached a record 27.4 million contracts and December ADV reached a record 23.5 million contracts. Market statistics are available in greater detail at https://cmegroupinc.gcs-web.com/monthly-volume.

Full-year 2025 highlights across asset classes include:

• Interest Rate ADV increased 4% to a record 14.2 million contracts
  • Record annual U.S. Treasury futures and options ADV of 8.3 million contracts
  • Record annual SOFR futures and options ADV of 5.4 million contracts
  • Record annual 5-Year U.S. Treasury Note futures ADV of 1.8 million contracts
  • Record annual 2-Year U.S. Treasury Note futures ADV of 1 million contracts
  • Record annual 10-Year U.S. Treasury Note options ADV of 971,000 contracts
  • Record annual 30-Day Fed Funds futures ADV of 495,000 contracts
• Equity Index ADV increased 8% to 7.4 million contracts
  • Record annual Micro E-mini Nasdaq-100 futures ADV of 1.6 million contracts
  • Micro E-mini S&P 500 futures ADV increased 35% to 1.2 million contracts
• Energy ADV increased 8% to a record 2.7 million contracts
  • Record annual Henry Hub Natural Gas futures and options ADV of 904,000 contracts
  • Record annual NY Heating Oil futures ADV of 197,000 contracts
• Agricultural ADV increased 8% to a record 1.9 million contracts
  • Record annual Corn futures ADV of 437,000 contracts
  • Record annual Soybean futures ADV of 293,000 contracts
  • Record annual Soybean Oil futures ADV of 182,000 contracts
• Metals ADV increased 34% to a record 988,000 contracts
  • Record annual Micro Gold futures ADV of 325,000 contracts
  • Record annual Gold options ADV of 96,000 contracts
  • Record annual Micro Silver futures ADV of 48,000 contracts
• Foreign Exchange ADV of 980,000 contracts
  • Foreign Exchange options ADV increased 19% to 53,000 contracts
• Cryptocurrency ADV increased 139% to a record 278,000 contracts ($12 billion notional)
  • Record annual Micro Ether futures ADV of 144,000 contracts
  • Record annual Micro Bitcoin futures ADV of 75,000 contracts
  • Record Ether futures ADV of 19,000 contracts
• International ADV increased 8% to a record 8.4 million contracts, with record EMEA ADV of 6.1 million contracts, record APAC ADV of 1.9 million contracts and Latin America ADV of 172,000 contracts

Q4 2025 highlights across asset classes include:

• Interest Rate ADV of 13 million contracts
  • Record Q4 U.S. Treasury options ADV of 1.4 million contracts
  • SOFR options ADV increased 4% to 1.4 million contracts
  • 30-Day Fed Funds futures ADV increased 39% to 576,000 contracts
• Equity Index ADV increased 22% to 7.7 million contracts
  • Micro E-mini Nasdaq 100 futures ADV increased 41% to 1.8 million contracts
  • Micro E-mini S&P 500 futures ADV increased 49% to 1.3 million contracts
  • E-Mini Russell 2000 futures ADV increased 20% to 218,000 contracts
• Energy ADV of 2.5 million contracts
  • Henry Hub Natural Gas futures ADV increased 4% to 655,000 contracts
  • Henry Hub Natural Gas options ADV increased 22% to 323,000 contracts
  • NY Heating Oil futures ADV increased 10% to 187,000 contracts
• Agricultural ADV increased 2% to 1.8 million contracts
  • Soybean futures ADV increased 2% to 322,000 contracts
  • Soybean options ADV increased 8% to 106,000 contracts
• Record Q4 Metals ADV of 1.4 million contracts
  • Record Q4 Micro Gold futures ADV of 594,000 contracts
  • Record Q4 Micro Silver futures ADV of 126,000 contracts
  • Record Q4 Gold options ADV of 109,000 contracts
• Record quarterly Cryptocurrency ADV of 379,000 contracts ($13.3 billion notional)
  • Record quarterly Micro Bitcoin futures ADV of 89,000 contracts
  • Micro Ether futures ADV increased 164% to 201,000 contracts
  • Ether futures ADV increased 137% to 22,000 contracts

December 2025 highlights across asset classes include:

• Interest Rate ADV increased 5% to 10.6 million contracts
  • Record December U.S. Treasury options ADV of 1.3 million contracts
  • SOFR futures and options ADV increased 4% to 4.5 million contracts
  • 30-Day Fed Funds futures ADV increased 14% to 495,000 contracts
• Equity Index ADV increased 2% to 6.9 million contracts
  • Micro E-mini Nasdaq 100 futures ADV increased 18% to 1.5 million contracts
  • Micro E-mini S&P 500 futures ADV increased 33% to 1.1 million contracts
• Energy ADV of 2.3 million contracts
  • Henry Hub Natural Gas futures ADV increased 9% to 708,000 contracts
  • Henry Hub Natural Gas options ADV increased 16% to 326,000 contracts
• Record December Metals ADV of 1.3 million contracts
  • Record monthly Micro Silver futures ADV of 200,000 contracts
  • Micro Gold futures ADV increased 312% to 449,000 contracts
  • Silver futures ADV increased 364% to 344,000 contracts
• Record December Cryptocurrency ADV of 339,000 contracts ($9.4 billion notional)
  • Micro Ether futures ADV increased 32% to 154,000 contracts
  • Ether futures ADV increased 45% to 18,000 contracts
• Micro Products ADV
  • Micro E-mini Equity Index futures and options ADV of 2.8 million contracts represented 40.5% of overall Equity Index ADV and Micro WTI Crude Oil futures accounted for 1.8% of overall Energy ADV
• BrokerTec U.S. Repo average daily notional value (ADNV) increased 14% to $386 billion and European Repo ADNV increased 11% to €305 billion
• Customer average collateral balances to meet performance bond requirements for rolling 3-months ending November 2025 were $135 billion for cash collateral and $163 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, cryptocurrencies, 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

View original content:https://www.prnewswire.com/news-releases/cme-group-reports-record-annual-adv-of-28-1-million-contracts-in-2025--up-6-year-over-year-302652344.html

SOURCE CME Group

FAQ

What was CME Group's reported full‑year ADV for 2025 (CME)?

CME reported a record full‑year ADV of 28.1 million contracts for 2025, up 6% year‑over‑year.

How did CME's cryptocurrency volume change in 2025 (CME)?

Cryptocurrency ADV increased 139% to 278,000 contracts in 2025, equal to about $12 billion notional.

What were CME Group's Q4 and December 2025 ADV figures (CME)?

Q4 2025 ADV was a record 27.4 million contracts and December 2025 ADV was a record 23.5 million contracts.

Which CME asset classes set 2025 ADV records relevant to investors (CME)?

Records included Interest Rate ADV 14.2M, U.S. Treasury 8.3M, SOFR 5.4M, Equity Index 7.4M, Metals 988k, and Crypto 278k.

Did CME Group see international growth in 2025 (CME)?

Yes. International ADV reached a record 8.4 million contracts, including record EMEA and APAC ADV.