Interest Rate Products Drive Record Monthly Volumes at CME Group

CME Group Reports Record 35.9 Million Contracts Daily Average in April, driven by interest rate products

CME Group has achieved an all-time monthly average daily volume (ADV) record of 35.9 million contracts in April 2025, representing a 36 per cent increase year-on-year, according to figures released on Friday.

The Chicago-based company saw particularly strong performance in interest rate products, where ADV grew 46 per cent to 18.4 million contracts. Both equity index and metals products set new monthly ADV records of 9.7 million and 1 million contracts, respectively.

Several specific product categories achieved monthly volume records, including SOFR futures at 6 million contracts, Micro E-mini Nasdaq-100 futures at 2.3 million contracts, and Micro E-Mini S&P 500 futures at 2 million contracts. U.S. Treasury options also reached a record 1.8 million contracts.

International trading activity hit unprecedented levels with ADV reaching 10.9 million contracts for the first time. This was driven by record volumes across multiple regions: EMEA (Europe, Middle East and Africa) at 7.8 million contracts, Asia at 2.6 million contracts, while Latin American ADV stood at 235,000 contracts.

The company's cryptocurrency products showed significant growth with ADV increasing 129 per cent compared to April 2024. Micro Bitcoin futures ADV rose 115 per cent to 78,000 contracts, while Micro Ether futures ADV surged 165 per cent to 63,000 contracts.

In the repo market, BrokerTec U.S. Repo average daily notional value increased 28 per cent to a record $378 billion, while European Repo ADNV rose 8 per cent to €321 billion.

Customer collateral balances for the three months ending March 2025 stood at $78.6 billion in cash collateral and $173.7 billion in non-cash collateral.