• Second-highest February on record
• All-time monthly record for interest rate complex, with ADV of 17.2 million contracts
• Record U.S. Treasury futures and options ADV of 10.9 million contracts
• Record February options ADV of 6.4 million contracts

CME Group, the world’s leading derivatives marketplace, reported its February 2024 market statistics, including an average daily volume (ADV) of 29.6 million contracts, an increase of 5% year-over-year and the second highest ADV on record for the month. The company’s interest rate ADV reached a new all-time record, driven by trading of U.S. Treasury contracts. ADV also increased by double-digits in energy and agricultural products. Market statistics are available in greater detail at https://cmegroupinc.gcs-web.com/monthly-volume.

February 2024 ADV across asset classes includes:

• Record Interest Rate ADV of 17.2 million contracts
• Equity Index ADV of 6.6 million contracts
• Record February Options ADV of 6.4 million contracts
• Energy ADV of 2.5 million contracts
• Agricultural ADV of 1.8 million contracts
• Foreign Exchange ADV of 854,000 contracts
• Metals ADV of 587,000 contracts

Additional February 2024 product highlights compared to February 2023 include:

• Interest Rate ADV increased 6%
  • Record U.S. Treasury futures and options ADV of 10.9 million contracts
  • 10-Year U.S. Treasury Note futures ADV increased 18% to 3.2 million contracts
  • 5-Year U.S. Treasury Note futures ADV increased 26% to 2.6 million contracts
  • 2-Year U.S. Treasury Note futures ADV increased 27% to 1.4 million contracts
• Options ADV increased 8%
  • Equity Index options ADV increased 40% to 1.8 million contracts
  • Energy options ADV increased 65% to 448,000 contracts
  • Agricultural options ADV increased 48% to 345,000 contracts
• Energy ADV increased 20%
  • Natural Gas options ADV increased 106% to 300,000 contracts
• Agricultural ADV increased 19%
  • Corn futures ADV increased 20% to 458,000 contracts
  • Soybean Meal futures ADV increased 27% to 179,000 contracts
• International ADV increased 9% to 8.1 million contracts, with EMEA ADV up 14%
• Micro Products ADV
  • Micro E-mini Equity Index futures and options ADV of 2.2 million contracts represented 33% of overall Equity Index ADV and Micro WTI Crude Oil futures accounted for 3.8% of overall Energy ADV
• BrokerTec U.S. Repo average daily notional value (ADNV) increased 2% to $298.6B

Source: CME