CME Group Reports Increase In Average Daily Volume of 19% in 2022

CME reached a Record Average Daily Volume of 23.3 contracts traded in 2022 with their highest recorded Q4

January 4, 2023 - CME Group, derivatives marketplace, announced their full-year, Q4 and December 2022 market statistics. 

Core highlights were reaching a record average daily volume (ADV) of 23.3 million contracts during the year, an increase of 19% over 2021. ADV increased 6% in the fourth quarter to 21.8 million contracts, and ADV increased 7% in December to 19.2 million contracts. 

A summary, full-year 2022 list of highlights across asset classes provided below:

Equity Index ADV increased 39%

• Micro E-Mini Nasdaq 100 futures ADV of 1,453,985 contracts
• Micro E-Mini S&P 500 futures ADV of 1,370,415 contracts
• E-Mini Nasdaq 100 futures ADV of 704,765 contracts
• E-Mini Russell 2000 futures ADV of 241,320 contracts

Interest Rate ADV increased 18%

• SOFR futures and options ADV of 2,200,714 contracts
• 5-Year U.S. Treasury Note futures and options ADV of 1,542,997 contracts

Foreign Exchange ADV increased 24%

• E-Micro FX futures ADV increased 42%
• Euro FX futures ADV increased 26%

Cryptocurrency ADV increased 82%

• Record Micro Ether futures ADV of 19,582 contracts
• ADV outside the United States increased 15% to 6.3 million contracts, including 30% growth in Latin America, 27% in Asia, and 10% in EMEA

Q4 2022 highlights across asset classes include:

SOFR futures and options ADV of 2,985,320 contracts

Equity Index ADV increased 26%

• E-Mini S&P 500 options ADV of 1,230,268 contracts
• Micro E-Mini S&P 500 futures ADV increased 52%
• Micro E-Mini Nasdaq 100 futures ADV increased 25%

Foreign Exchange ADV increased 25%

• E-Mini Euro FX futures ADV increased 72%
• Japanese Yen futures ADV increased 45%

Metals ADV increased 7%

• Copper options increased 116%
• Silver options ADV increased 70%

December 2022 ADV across asset classes includes

• Interest Rate ADV of 7.9 million contracts
• Equity Index ADV of 7.0 million contracts
• Options ADV of 3.8 million contracts
• Energy ADV of 1.8 million contracts
• Agricultural ADV of 1.1 million contracts
• Foreign Exchange ADV of 1.0 million contracts
• Metals ADV of 409,000 contracts

Additional December year-over-year product highlights include:

Interest Rate ADV increased 12%

• SOFR futures and options ADV increased 862%, with record OI of 34,832,123 contracts on December 15
• 30-Day Fed Funds futures ADV increased 45%
• 2-Year U.S. Treasury Note futures ADV increased 25%
• Ultra 10-Year U.S. Treasury Note futures ADV increased 15%

Metals ADV increased 22%

• Aluminum futures ADV increased 73%
• Silver futures ADV increased 24%
• Copper futures ADV increased 21%

Foreign Exchange ADV increased 20%

• Japanese Yen futures ADV increased 56%
• Euro FX futures ADV increased 25%

Micro Products ADV

• Micro E-mini futures and options had an ADV of 2.6 million contracts, representing 36.9% of overall Equity Index ADV, while Micro WTI Crude Oil futures accounted for 5.0% of overall Energy ADV, Micro Bitcoin futures and Micro Ether futures accounted for 0.1%, respectively, of overall Equity Index ADV

• BrokerTec European Repo average daily notional value (ADNV) increased 26% to €323B and U.S. Repo increased 4% to $268B

• EBS Spot FX ADNV increased 11% to $55B