Business
CME Group Reports May 2023 Monthly Market Statistics
Highest-ever May ADV of 25M contractsDouble-digit volume increases in interest rates, energy, agricultural and metals, as well as many individual productsSOFR
About this update from Cme Group Inc.
[{"type":"text","content":"Highest-ever May ADV of 25M contractsDouble-digit volume increases in interest rates, energy, agricultural and metals, as well as many individual productsSOFR futures and options continue ADV growthCHICAGO, June 2, 2023 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today reported its May 2023 market statistics, showing average daily volume (ADV) increased 3% to 25 million contracts during the month, the highest May ADV in company history. Market statistics are available in greater detail at https://cmegroupinc.gcs-web.com/monthly-volume.\nMay 2023 ADV across asset classes includes:\nInterest Rate ADV of 13.9 million contractsEquity Index ADV of 6.0 million contractsOptions ADV of 4.9 million contractsEnergy ADV of 2.0 million contractsAgricultural ADV of 1.5 million contractsForeign Exchange ADV of 825,000 contractsMetals ADV of 650,000 contractsAdditional May 2023 product highlights compared to May 2022 include:\nInterest Rate ADV increased 20%Record U.S. Treasury futures open interest of 17,856,235 contracts on May 23SOFR futures ADV increased 126% to 3.4 million contractsSOFR options ADV increased 935% to 1.8 million contracts30 Day Fed Funds futures ADV increased 112% to 544,000 contractsOptions ADV increased 29%Interest Rate options ADV increased to 50% to 2.9 million contractsAgricultural options ADV increased 24% to 342,000 contractsEnergy options ADV increased 33% to 282,000 contractsMetals options ADV increased 39% to 85,000 contractsEnergy ADV increased 12%Natural Gas options ADV increased 32% to 136,000 contractsAgricultural ADV increased 38%Record Soybean Oil options ADV of 22,633 contractsSoybean Oil futures ADV increased 78% to 150,000 contractsKC HRW Wheat futures ADV increased 108% to 68,000 contractsMetals ADV increased 30%Aluminum futures ADV increased 120% to 4,500 contractsMicro Products ADVMicro E-mini Equity Index futures and options ADV of 2.1 million contracts represented 34% of overall Equity Index ADV, Micro WTI Crude Oil futures accounted for 5.2% of overall Energy ADV, Micro Ether futures accounted for 0.2% of overall Equity Index ADV and Micro Bitcoin futures accounted for 0.2% of overall Equity Index ADVBrokerTec U.S. Repo average daily notional value (ADNV) increased 8% to $292B About CME Group\nAs the world's leading derivatives marketplace, CME Group (www.cmegroup.com) e...