CME Group’s International ADV Touched 5.1 Million Contracts in Q2 2021

CME Group, one of the world’s leading derivatives marketplaces, announced its international average daily volume (ADV) for the second quarter of 2021 today. CME’s international ADV reached 5.1 million contracts in Q2 of 2021, which is up by 6% compared to the second quarter of 2020.

According to an official press release, the latest jump in international ADV was mainly driven by growth in interest rate products and agricultural products. In Europe, Asia Pacific, Latin America and EMEA CME saw record quarterly volumes in agricultural products during the last quarter.

EMEA ADV reached 3.7 million contracts in Q2 of 2021. Approximately 24% growth was reported in CME’s interest rate products in the Middle East and Africa region.

Commenting on the latest announcement, William Knottenbelt, Senior Managing Director and Head of International at CME Group, said: “In the second quarter of this year, we saw strong interest across our international client base, especially in our agricultural products which established record quarterly volumes. We are committed to continuing to provide a robust, liquid and regulated marketplace for clients to manage their risk around the clock and around the world."

The average daily volume related to the Asia Pacific region reached 1.2 million contracts in the second quarter of 2021.

Growth

In Q2 of 2021, CME Group reported strong global growth as the overall ADV reached 18.4 million contracts. “Globally, CME Group reported ADV of 18.4 million contracts during Q2 2021, up 5% from the same period last year. This was led by Interest Rate products, up 25%, and Agricultural products, up 24%,” CME Group added. In Latin America, the total ADV reached 114,000 contracts in the last quarter, which is up by 5% compared to the same period in 2020. In June 2021, CME Group announced that it has integrated the market data and order entry functionality of FX Link with Bloomberg Terminal.

Earlier this year, CME Group announced the integration of FX Link with Refinitiv Trade Notification (RTN) and MarkitSERV.