<p class=”text-align-justify”>CME
Group, a top derivatives marketplace, posted an average daily
volume (ADV) record of 23.3 million contracts in 2022, which represents a 19%
increase from its performance in 2021.The
derivatives marketplace operator disclosed these on Wednesday in its market
statistics for the fourth quarter and December 2022. </p><p>“ADV
increased 6% in the fourth quarter to 21.8 million contracts, and ADV increased
7% in December to 19.2 million contracts,” CME Group announced.</p><p>Across
market classes, CME Group’s equity index, interest rate and forex ADVs shot up by 39%, 18% and 24%, respectively in 2022. </p><p>“ADV
outside the United States increased 15% to 6.3 million contracts, including 30%
growth in Latin America, 27% in Asia, and 10% in EMEA,” CME Group explained,
speaking of its derivatives records across regions. </p><p>CME Group
in Q4 and December 2022</p><p>During
the last quarter of last year, CME Group recorded a 26% increase in its equity
index ADV and a 25% jump in its forex ADV. In addition, the operator posted a
record ADV of 2.99 million contracts in its secured overnight financing rate (SOFR) futures and options.</p><p>Commensurate
with its quarterly and year-over-year (YoY) growth pattern, CME Group saw
its interest rate ADV increase by 12% YoY to 7.9 million contracts in December
2022. However, the forex
ADV came in higher as the operator processed 1 million contracts in December
2022, which is a volume 20% more than it did in the same period in the prior year.</p><p>Furthermore,
the Group processed a daily average of 7 million equity index contracts,
3.8 million options contracts and 1.8 million energy contracts.</p><p>CME
Group’s EBS Sees Lower MoM Performance in December </p><p>In
November last year, the CME Group’s Electronic Broking Service (EBS) <a href=”https://www.financemagnates.com/institutional-forex/cme-groups-ebs-spot-fx-returns-near-flat-growth-in-november/”>posted a near-flat 0.3% growth rate</a> in spot forex trading, generating $67.2 billion in the average
daily notional value (ADNV). However, this figure dropped -18% to $55 billion
in December 2022. </p><p>Although,
when compared to December 2021, <a href=”https://www.financemagnates.com/tag/ebs-volumes/”>EBS</a>, the Group’s go-to source for liquidity and price discovery in
cash FX, posted 11% growth last month.</p>
This article was written by Solomon Oladipupo at www.financemagnates.com.
