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CME Group's Record-Breaking November 2024 Average Daily Volume

In an impressive display of market strength, CME Group reported a remarkable average daily volume (ADV) of 30.2 million contracts for November 2024, marking an increase of 7% compared to the same month in the previous year. This accomplishment emphasizes the increasing demand for a wide range of financial products, showcasing robust trading across all six major asset classes.

Key Highlights of November 2024 ADV

The November ADV story is rich with milestones:

• - Interest Rate products achieved a staggering 17.5 million contracts, the highest in history for this category in November.
• - Equity Index traded at 6.4 million contracts, reflecting a 6% increase from November 2023.
• - Energy products had an ADV of 2.6 million contracts, with substantial growth noted in natural gas and crude oil futures.
• - Agricultural products reported a record ADV of 1.9 million contracts, revealing the sustained interest in this sector.
• - Foreign Exchange trading grew to 1 million contracts, showing a healthy demand for currency derivatives.
• - Metals market also flourished with an ADV of 843,000 contracts.

These figures represent not just the volume but also the confidence market participants have in CME Group's offerings.

In-Depth Analysis by Asset Class

Diving deeper, the statistics reveal the intricacies of trading activity:

Interest Rate Products

The interest rate product lines were particularly vibrant with notable increases:

• - U.S. Treasury futures and options reached a record ADV of 11.6 million contracts.
• - Specifically, the 2-Year U.S. Treasury Note futures recorded 1.7 million contracts, highlighting investor interest in short-term securities.
• - Meanwhile, the 10-Year U.S. Treasury Note options surged by 19%, totaling 1 million contracts.

Equity Index Products

On the equity front, the Micro E-mini Nasdaq-100 futures surged by 27%, achieving 1.3 million contracts. Growth in this area indicates that smaller investors are increasingly participating in the market through these more granular instruments.

Energy Products

In the energy domain, the Henry Hub Natural Gas futures surged by 47% to 612,000 contracts, reflecting greater volatility and trading volume amidst changing weather patterns and supply concerns.

Agricultural Products

For agricultural futures, corn futures exhibited a remarkable 19% increase, emphasizing the sector's resilience and potential in uncertain economic conditions.

Foreign Exchange and Metals

The foreign exchange market showed a healthy trend, particularly with Micro FX futures increasing by 13%, signaling a shift in trading strategies among participants. On the metals front, gold futures surged significantly, with volumes climbing by 41% to 438,000 contracts, indicating a robust demand for safe-haven assets amidst market fluctuations.

International Market Growth

CME Group's international reach is also notable, with November 2024 recording an all-time ADV of 9.3 million contracts outside the U.S. Markets in EMEA, Asia and Latin America contributed significantly to this growth, demonstrating the company's global appeal and outreach.

Conclusion

The data from November 2024 reflects not only a vibrant trading environment at CME Group but also underscores the adaptability and resilience of market participants amidst varying economic conditions. By providing a robust platform across a diverse range of asset classes, CME Group continues to affirm its status as the world’s leading derivatives marketplace. As traders seek to manage risks and capitalize on opportunities, the future looks bright for this titan of finance.

For further details on these statistics and market insights, visit CME Group's official site.