CME Group Reports Record International Volumes in Q2 2019

Monday, 15/07/2019 | 13:27 GMT by Celeste Skinner
  • Contracts traded in the APAC, EMEA and LatAm regions all achieved quarterly records.
CME Group Reports Record International Volumes in Q2 2019
Bloomberg

So far, in 2019, trading providers have had to deal with low Volatility and overall low trading volumes. Today, CME Group has published its trading volumes for the second quarter of 2019, revealing its highest quarterly international average daily volume on record.

During the second quarter, the derivatives marketplace reported robust trading international activity, which is all trading done outside North America. Specifically, the total trading volume was 5.3 million contracts during the period.

When measuring this against the 4.9 million contracts traded in the first quarter, which was the previous quarterly record, it is higher by 8.2 percent. It is also higher by 25 percent year-on-year. According to the statement from CME, this growth was mainly driven by Interest Rate, Equity Index, and Agricultural products.

CME Group volumes by region

CME’s international volumes can be broken down into three regions - Europe, Middle East and Africa (EMEA), Asia Pacific (APAC) and Latin America (LatAm).

In Q2 of 2019, the futures exchange achieved an average daily volume of 4 million contracts for the EMEA region, an all-time high for the company. This is higher by 22 percent on a yearly comparison.

For APAC, CME again recorded an all-time high average daily volume of 1.1 million contracts in the second quarter, which is up 28 percent when measured against the second quarter of 2018.

The LatAm region also noted a record ADV of 173,000 contracts traded in Q2 of 2019. This represents a growth of 81 percent from Q2 of 2018. It also exceeds the previous quarterly record set in the first quarter of this year.

William Knottenbelt of CME Group

William Knottenbelt of CME Group
Source: Dow Jones, Inc.

"During the second quarter, our EMEA, APAC and LatAm markets all hit record highs, reflecting a global need for Risk Management ," said William Knottenbelt, Senior Managing Director and Head of International, CME Group.

"With CME Group's broad array of derivatives products available virtually round the clock, our international customers outside of North America recognize the benefits of trading on a robust, liquid and regulated marketplace."

So far, in 2019, trading providers have had to deal with low Volatility and overall low trading volumes. Today, CME Group has published its trading volumes for the second quarter of 2019, revealing its highest quarterly international average daily volume on record.

During the second quarter, the derivatives marketplace reported robust trading international activity, which is all trading done outside North America. Specifically, the total trading volume was 5.3 million contracts during the period.

When measuring this against the 4.9 million contracts traded in the first quarter, which was the previous quarterly record, it is higher by 8.2 percent. It is also higher by 25 percent year-on-year. According to the statement from CME, this growth was mainly driven by Interest Rate, Equity Index, and Agricultural products.

CME Group volumes by region

CME’s international volumes can be broken down into three regions - Europe, Middle East and Africa (EMEA), Asia Pacific (APAC) and Latin America (LatAm).

In Q2 of 2019, the futures exchange achieved an average daily volume of 4 million contracts for the EMEA region, an all-time high for the company. This is higher by 22 percent on a yearly comparison.

For APAC, CME again recorded an all-time high average daily volume of 1.1 million contracts in the second quarter, which is up 28 percent when measured against the second quarter of 2018.

The LatAm region also noted a record ADV of 173,000 contracts traded in Q2 of 2019. This represents a growth of 81 percent from Q2 of 2018. It also exceeds the previous quarterly record set in the first quarter of this year.

William Knottenbelt of CME Group

William Knottenbelt of CME Group
Source: Dow Jones, Inc.

"During the second quarter, our EMEA, APAC and LatAm markets all hit record highs, reflecting a global need for Risk Management ," said William Knottenbelt, Senior Managing Director and Head of International, CME Group.

"With CME Group's broad array of derivatives products available virtually round the clock, our international customers outside of North America recognize the benefits of trading on a robust, liquid and regulated marketplace."

About the Author: Celeste Skinner
Celeste Skinner
  • 2872 Articles
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About the Author: Celeste Skinner
  • 2872 Articles
  • 25 Followers

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