CME Group reports Q3 ADV 8.4M contracts

CME Group announced that its international average daily volume, or ADV, reached a record 8.4M contracts in Q3, up 29% year on year. Reflecting all trading reported outside the United States, the record volume was driven by growth across all asset classes, with the highest trading volumes coming from interest rate and equity products, which accounted for three-quarters of the growth in volume. Interest rate products saw record growth of 32% in quarterly volumes year on year, driven by an increase of 38% growth in SOFR futures and 25% growth in treasury contracts. In addition, Energy products saw 30% growth, Equities products were up 25%, and record FX volumes increased by 14% in the third quarter.