CME Group Reports Record November Forex ADV of 1 Million Contracts

CME Group, the world's leading derivatives marketplace, has reported its market statistics for November 2024, achieving the highest November average daily volume (ADV) on record at 30.2 million contracts, a 7% increase from November 2023.

CME Group set a record November Interest Rate ADV, reaching 17.5 million contracts, and a record November Foreign Exchange ADV of 1 million contracts. Equity Index ADV for November 2024 amounted to 6.4 million contracts.

Compared to November 2023, Interest Rate ADV rose by 4%, Equity Index ADV increased by 6%, and Foreign Exchange ADV also saw a 6% increase.

Micro FX futures ADV saw a 13% rise to 56,000 contracts, while Brazilian Real futures ADV surged by 56% to 30,000 contracts. On different platforms, EBS's Spot FX average daily notional value (ADNV) increased by 26% to $70.8 billion, and FX Link's ADV soared by 119% to 42,000 contracts, equivalent to $3.9 billion in notional value.

The Group also reported a record monthly International ADV of 9.3 million contracts, with a record EMEA ADV of 7 million contracts, Asia ADV of 2 million contracts, and Latin America ADV of 166,000 contracts.