CME Group, the world's leading derivatives marketplace, has published its financial results for August 2024. The Group reported its second-highest monthly volume ever, with average daily volume (ADV) up 31% to 31.7 million contracts in the month, and double-digit increases across all six asset classes.
The company's interest rate ADV reached a record 18.3 million contracts, increasing by 41% year-over-year (YoY). In addition, new August ADV records were set across equity index, agricultural, foreign exchange (forex), and options products. CME’s equity index ADV increased by 15% YoY 7.5 million contracts in August.
In terms of ADV for forex, CME reported a record 1 million contracts for the month, up a whopping 36% from August 2023.
In August, the company also achieved a record International ADV of 8.9 million contracts, with a record EMEA ADV of 6.5 million contracts, Asia ADV up 37%, and Latin America ADV up 18%.