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CME Group Reports Second-Highest July ADV on Record

CME Group ·  Aug 2, 2023 00:00
  • Strongest July ADV in company history for interest rate, agricultural and options products
  • SOFR futures and options continue strong ADV growth

CHICAGO, Aug. 2, 2023 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today reported its July 2023 market statistics, reaching an average daily volume (ADV) of 19.9 million contracts during the month, the second-highest July ADV in company history. Market statistics are available in greater detail at

July 2023 ADV across asset classes includes:

  • Interest Rate ADV of 9.4 million contracts
  • Equity Index ADV of 5.4 million contracts
  • Options ADV of 4.2 million contracts
  • Energy ADV of 2.0 million contracts
  • Agricultural ADV of 1.7 million contracts
  • Foreign Exchange ADV of 881,000 contracts
  • Metals ADV of 575,000 contracts

Additional July 2023 product highlights compared to July 2022 include:

  • Interest Rate ADV increased 4%
    • Record U.S. Treasury futures open interest of 18,574,440 contracts on July 31
    • SOFR futures ADV increased 57% to 2.8 million contracts
    • SOFR options ADV increased 204% to 1.2 million contracts
    • Ultra 10-Year U.S. Treasury futures ADV increased 37% to 361,000 contracts
  • Options ADV increased 19%
    • Interest Rate options ADV increased 18% to 2.2 million contracts
    • Equity Index options ADV increased 20% to 1.2 million contracts
    • Agricultural options ADV increased 33% to 446,000 contracts
  • Energy ADV increased 2%
    • RBOB Gasoline futures ADV increased 26% to 187,000 contracts
    • Natural Gas options ADV increased 22% to 125,000 contracts
  • Agricultural ADV increased 30%
    • Corn options ADV increased 38% to 233,000 contracts
    • Chicago SRW Wheat futures ADV increased 54% to 139,000 contracts
    • Soybean Oil options ADV increased 76% to 26,000 contracts
    • Live Cattle options ADV increased 89% to 16,000 contracts
  • Metals ADV increased 4%
    • Silver options ADV increased 78% to 9,000 contracts
    • Copper options ADV increased 35% to 6,000 contracts
    • Aluminum futures ADV increased 29% to 5,000 contracts
  • International ADV increased 7% to 5.9 million contracts
  • Micro Products ADV
    • Micro E-mini Equity Index futures and options ADV of 1.8 million contracts represented 33.6% of overall Equity Index ADV, Micro WTI Crude Oil futures accounted for 4.4% of overall Energy ADV, Micro Bitcoin futures accounted for 0.2% of overall Equity Index ADV and Micro Ether futures accounted for 0.1% of overall Equity Index ADV
  • BrokerTec U.S. Repo average daily notional value (ADNV) increased 4% to $270B

About CME Group

As the world's leading derivatives marketplace, CME Group () 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, 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 and EBS are trademarks of BrokerTec Europe LTD and EBS Group LTD, respectively. 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.

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SOURCE CME Group

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