CME Group expects average daily trading volume to grow 5% in 2023, reaching a record high
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©Reuters. CHICAGO – CME Group, a leading derivatives market, reported record operating results for 2023. The exchange’s average daily volume (ADV) reached 24.4 million contracts, an increase of 5% from the previous year.
This growth trajectory was particularly evident in the fourth quarter, with average daily trading volume rising 17% to 25.5 million contracts in the fourth quarter, and 20% to 23 million contracts in December alone.
CME Group’s strong market performance was driven in part by the outperformance of interest rate derivatives, which are heavily traded. Additionally, options markets were strong, with various asset classes including equity indices and agricultural products showing strong growth.
CME Group’s international business also reflects this positive momentum, contributing to overall global daily trading volume this year.
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