The net income rose to almost $913 million, or $2.50 per diluted share.
The exchange operator also reported a visible jump in FX trading volumes by 15%.
CME
Group (NASDAQ: CME) delivered record Q3 2024 revenue of $1.6 billion and
adjusted earnings of $2.68 per share, with growth across all asset classes.
Interest rate products led performance with a 36% volume surge, while FX
trading showed steady growth at 15.6%.
CME’s Strong Performance
Across Core Business
The
derivatives exchange operator posted a net income of $912.8 million ($2.50 per
diluted share), up from $750.2 million ($2.06 per share).
The
company's overall average daily volume hit a record 28.3 million contracts in
the third quarter, with interest rate products leading the surge. Interest rate
trading volumes jumped 36% to 14.9 million contracts per day, driven by robust
activity in SOFR futures and Treasury products.
Terry Duffy, CME Group Chairman and CEO, Source: CME
“Q3
2024 was the best quarter in CME Group history, with records across volume,
revenue, adjusted operating income, adjusted net income and adjusted earnings
per share,” said Terry Duffy, Chairman and Chief Executive Officer at CME
Group. “This marks the second consecutive quarter of volume, and open
interest increases across every asset class.”
CME Group
maintained a strong balance sheet with $2.6 billion in cash as of September 30,
2024. The company distributed approximately $419 million in dividends during
the quarter, continuing its commitment to shareholder returns.
Forex Trading Also Up
Foreign
exchange trading volumes increased to 1,089,000 contracts per day in Q3 2024,
up from 942,000 contracts in the same period last year.
“Our
financial product volumes rose 28%, reflecting a 36% jump in interest rates to
a record ADV of 14.9 million contracts. This was driven by a 35% rise in SOFR
futures to a record ADV of 4.1 million contracts and a 31% growth in Treasuries
to a record ADV of 8.4 million contracts. In addition, our commodities volume
was up 20%, options increased 27% and international ADV was a record 8.4
million contracts,” added Duffy.
Global
Growth showed particular strength, with EMEA volumes rising 30% and Asia up 28%
compared to the previous year. The company achieved record non-U.S. average
daily volume during the quarter.
Record International Trading Volume
The world’s
largest derivatives exchange also reported a record international ADV of 8.4
million contracts for the third quarter of 2024, reflecting a 29% increase
compared to the same period last year. FX trading also reached new highs,
contributing significantly to the overall growth across various asset classes.
Julie Winkler, Senior Managing Director and Chief Commercial Officer, CME Group
“Our record Q3 international ADV was driven by significant increases in volume across all asset classes in EMEA and APAC, demonstrating how our clients turned to the breadth of our products to navigate unpredictability and volatility,” said Julie Winkler, Senior Managing Director and Chief Commercial Officer at CME Group. “Going forward, we remain focused on partnering with our clients to help them manage risk, pursue opportunities and expand their businesses internationally.”
The
Chicago-based exchange highlighted widespread growth in international trading
activity, with interest rate and equity products driving the bulk of the volume
increase. Interest rate products saw notable demand, rising 32% year-over-year,
with SOFR futures up 38% and Treasury contracts increasing by 25%. Energy
products grew by 30%, equity products by 25%, and foreign exchange volumes by
14%, setting new records.
CME
Group (NASDAQ: CME) delivered record Q3 2024 revenue of $1.6 billion and
adjusted earnings of $2.68 per share, with growth across all asset classes.
Interest rate products led performance with a 36% volume surge, while FX
trading showed steady growth at 15.6%.
CME’s Strong Performance
Across Core Business
The
derivatives exchange operator posted a net income of $912.8 million ($2.50 per
diluted share), up from $750.2 million ($2.06 per share).
The
company's overall average daily volume hit a record 28.3 million contracts in
the third quarter, with interest rate products leading the surge. Interest rate
trading volumes jumped 36% to 14.9 million contracts per day, driven by robust
activity in SOFR futures and Treasury products.
Terry Duffy, CME Group Chairman and CEO, Source: CME
“Q3
2024 was the best quarter in CME Group history, with records across volume,
revenue, adjusted operating income, adjusted net income and adjusted earnings
per share,” said Terry Duffy, Chairman and Chief Executive Officer at CME
Group. “This marks the second consecutive quarter of volume, and open
interest increases across every asset class.”
CME Group
maintained a strong balance sheet with $2.6 billion in cash as of September 30,
2024. The company distributed approximately $419 million in dividends during
the quarter, continuing its commitment to shareholder returns.
Forex Trading Also Up
Foreign
exchange trading volumes increased to 1,089,000 contracts per day in Q3 2024,
up from 942,000 contracts in the same period last year.
“Our
financial product volumes rose 28%, reflecting a 36% jump in interest rates to
a record ADV of 14.9 million contracts. This was driven by a 35% rise in SOFR
futures to a record ADV of 4.1 million contracts and a 31% growth in Treasuries
to a record ADV of 8.4 million contracts. In addition, our commodities volume
was up 20%, options increased 27% and international ADV was a record 8.4
million contracts,” added Duffy.
Global
Growth showed particular strength, with EMEA volumes rising 30% and Asia up 28%
compared to the previous year. The company achieved record non-U.S. average
daily volume during the quarter.
Record International Trading Volume
The world’s
largest derivatives exchange also reported a record international ADV of 8.4
million contracts for the third quarter of 2024, reflecting a 29% increase
compared to the same period last year. FX trading also reached new highs,
contributing significantly to the overall growth across various asset classes.
Julie Winkler, Senior Managing Director and Chief Commercial Officer, CME Group
“Our record Q3 international ADV was driven by significant increases in volume across all asset classes in EMEA and APAC, demonstrating how our clients turned to the breadth of our products to navigate unpredictability and volatility,” said Julie Winkler, Senior Managing Director and Chief Commercial Officer at CME Group. “Going forward, we remain focused on partnering with our clients to help them manage risk, pursue opportunities and expand their businesses internationally.”
The
Chicago-based exchange highlighted widespread growth in international trading
activity, with interest rate and equity products driving the bulk of the volume
increase. Interest rate products saw notable demand, rising 32% year-over-year,
with SOFR futures up 38% and Treasury contracts increasing by 25%. Energy
products grew by 30%, equity products by 25%, and foreign exchange volumes by
14%, setting new records.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
TNS Buyout of BT Radianz Creates One of the Largest Trading Networks Globally
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
