US derivatives exchange operator CME Group reported on Thursday that its June average daily volume hit a record 30.6 million contracts, up 19% year over year, while Q2 ADV reached 29.8 million contracts, its second-highest quarter on record.
Interest rate products were still the largest category in June, with 13.6 million contracts, an increase of 17%. The biggest gain came from equity index volumes, which climbed 54% to a record 10.1 million contracts. Micro E-mini Nasdaq-100 futures on their own set a monthly ADV record of 3.2 million contracts.
Micro contracts now carry half of equity index flow
Micro E-mini Equity Index futures and options represented 50% of overall Equity Index ADV in June, company data shows. Micro Metals futures accounted for 53% of overall Metals ADV.
Agricultural products also set a monthly record at 2.3 million contracts, up 8%, while cryptocurrency ADV rose 76% to 334,000 contracts, representing $10.7 billion in notional value.
International ADV rose 17% to 9.3 million contracts, with EMEA up 15% to 6.7 million and APAC up 21% to 2.2 million.
BrokerTec, CME’s fixed income trading platform, posted overall average daily notional value of $1.078 trillion in June, up 17%.
