The world's leading derivatives exchange, CME Group, announced today that its international daily average trading volume (ADV) in 2022 reached 6.3 million contracts, an increase of 15% from 2021 and a record high. This is mainly driven by the growth of stock indices and monetary products, which increased by 26% and 22% respectively.
Derek Sammann, Senior Executive Director and Global Head of Commodities, Options, and International Markets at CME Group, said, "In the turbulent market conditions of 2022, global market participants have turned to benchmark futures and options contracts to manage their risks. The economy and geopolitical uncertainty remain uncertain in 2023, and we are always committed to attracting new customers from outside the United States to enter our market
In 2022, ADV in Europe, the Middle East, and Africa reached 4.3 million contracts, an increase of 10% compared to 2021. This is driven by the strong performance of currency products in the region, with currency trading increasing by 20% compared to the same period in 2021, and interest rate and stock index products both increasing by 17% year-on-year.
In 2022, the Asia Pacific region's ADV reached 1.7 million contracts, an increase of 27% compared to 2021. The region's stock index products increased by 48%, and currency products increased by 31%.
Canada's ADV reached 155000 contracts in 2022, an increase of 21% compared to 2021, with interest rates and stock indices increasing by 31% and 30% respectively year-on-year.
Latin American ADV reached 158000 contracts in 2022, an increase of 30% compared to 2021, mainly due to a 70% increase in energy products and a 50% increase in stock index products in the region.
On a global scale, CME Group's ADV reached 23.3 million contracts in 2022, an increase of 19% compared to 2021. The stock index and currency products increased by 39% and 24% respectively compared to 2021.