CME Sees 36% Surge in Forex ADV; Overall ADV Hits 31.7 Million Contracts

CME Group, a derivatives marketplace, announced today that
it achieved its second-highest monthly volume on record in August. The
company’s average daily volume (ADV) surged by 31% to 31.7 million contracts,
driven by significant increases across all six asset classes.

Record Trading Volumes Achieved

The ADV for interest rate contracts set a new record at 18.3
million contracts. The U.S. Treasury complex also reached an all-time high,
with a monthly ADV of 11.5 million contracts. This included record volumes for
2-year, 5-year, and 30-year futures contracts.

Additionally, SOFR futures and options volumes rose by 48%
to 6.3 million contracts. The BrokerTec cash U.S. Treasury notional volume also
saw a year-to-date peak, reaching $249 billion on August 5.

In the Foreign Exchange sector, ADV increased by 36%.
Notably, Japanese Yen futures ADV grew by 47% to 199,000 contracts, Canadian
Dollar futures ADV rose by 41% to 98,000 contracts, and Mexican Peso futures
ADV saw a 44% increase to 75,000 contracts.

This article was written by Tareq Sikder at www.financemagnates.com.



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