CME Group Reports 20% YoY Jump in Novembers ADV

CME Group Reports 20% YoY Jump in Novembers ADV

The Interest Rate ADV climbed 40% in the last month.

CME Groups latest market statistics for November 2021 show that the average daily volume (ADV) jumped to 23.1 million, which is 20% higher compared to the same period last year.

The recent jump in the overall ADV was mainly driven by a substantial spike in Interest Rate ADV. With nearly 12 million contracts, Interest Rate ADV rose 40% in the last month. As far as foreign exchange ADV is concerned, the number jumped by almost 6%.

Additionally, Energy ADV increased by 15% in November 2021 including an increase of 96% in E-mini-Crude Oil futures ADV. Moreover, WTI futures ADV jumped 36% and Brent futures ADV climbed 19% during the mentioned period.

“ADV outside the United States increased 11% to 6.4 million contracts, including 33% growth in Latin America, 14% in EMEA and 2% in Asia. BrokerTec U.S. Treasury average daily notional value (ADNV) increased 17% to $127B, including a record RV Curve monthly ADNV of $578 million in November. U.S. Repo ADNV increased 24% to $258B and European Repo ADNV increased 12% to €302B,” the Group highlighted.

In October 2021, CME Group witnessed a leap of almost 32% in overall ADV.

Micro Products ADV

In addition to the enormous growth in Interest Rate ADV, CME Group saw a jump in micro WTI crude oil futures. In contrast, Bitcoin futures reached an average daily volume of 27,600 contracts in the last month.

“Micro E-mini futures and options had an ADV of 2.2 million contracts, representing 39.4% of overall Equity Index ADV, while Micro WTI Crude Oil futures accounted for 4.0% of overall Energy ADV and Micro Bitcoin futures accounted for 0.5% of overall Equity Index ADV. Micro Bitcoin futures reached an ADV of 27,600 contracts, with more than 3.3 million total contracts since the May 3 launch. Micro Treasury Yield futures reached an ADV of 6,181 contracts,” CME added.

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.