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CME Group has reported record international trading volumes for 2024, with average daily volume (ADV) reaching 7.8 million contracts outside the United States, representing a 14% increase from the previous year.
The derivatives marketplace operator saw significant growth across all major product categories, with energy contracts leading the surge at 31% year-on-year growth, followed by metals at 27% and agricultural products at 25%. Interest rate and foreign exchange derivatives also showed strong performance, rising 12% and 10% respectively.
Europe, Middle East and Africa (EMEA) emerged as the strongest regional performer, with ADV hitting 5.8 million contracts, up 17% from 2023. The region's energy products saw particularly robust growth of 40%.
Asia Pacific (APAC) trading volumes reached 1.7 million contracts daily, marking a 7% increase, while Canada achieved a record 164,000 contracts. Latin American trading remained relatively steady at 174,000 contracts per day, though metals trading in the region surged 42%.
"We were especially pleased to see so many clients outside the U.S. turning to CME Group to access the markets and trade products they needed to navigate through ongoing economic and geopolitical uncertainty last year," said Julie Winkler, Senior Managing Director and Chief Commercial Officer, CME Group.
Globally, CME Group's total ADV reached 26.5 million contracts in 2024, up 9% from the previous year. Interest rate products dominated overall trading, with ADV rising 10% to 13.7 million contracts.
The results reflect growing international demand for derivatives trading amid persistent market volatility and geopolitical tensions.
