CME Group Averaged 19.1 Million Contracts Per Day in March 2019

CHICAGO, April 2, 2019

Interest Rate volume averaged 10.4 million contracts per day in March 2019, down 3% from March 2018. Highlights include:

• SOFR futures OI reached a record 151,000 contracts on March 20 and record daily volume of 83,000 contracts on March 22
• Record SOFR futures ADV of 38,500 contracts, up 23% compared to last month
• Record volume of 17.8 million Eurodollar options contracts traded during the final week of March
• U.S. Treasury futures and options ADV increased 9% to 4.9 million contracts
• Eurodollar options averaged 1.8 million contracts per day, up 5%
• Fed Fund futures ADV rose 4% to 301,000 contracts
• Ultra 10-year U.S. Treasury Note futures and options ADV grew 22% to 205,000 contracts
• Ultra U.S. Treasury Bond futures and options ADV increased 10% to 146,000 contracts

Options volume averaged 4.1 million contracts per day in March 2019, down 3% from March 2018. Highlights include:

• Interest Rate options ADV grew 12% to 2.9 million contracts
• Metals options ADV increased 33% to 71,000 contracts

Foreign Exchange volume averaged 1 million contracts per day in March 2019, down 7% from March 2018. Highlights include:

• Record Mexican peso OI of 325,000 contracts on March 15
• Record Mexican peso futures ADV of 88,600 contracts, up 13% from March 2018
• Record FX Link daily volume of 26,000 contracts, equivalent to $2.9 billion in notional value, on March 7
• British pound futures and options ADV grew 11% to 171,000 contracts
• Mexican peso futures and options ADV rose 13% to 89,000 contracts
• Swiss franc futures and options ADV grew 6% to 33,000 contracts
• New Zealand dollar futures and options ADV rose 2% to 31,000 contracts
• Brazilian real futures and options ADV were up 50% to 8,000 contracts
• Russian ruble futures and options ADV increased 19% to 6,800 contracts

Energy volume averaged 2.2 million contracts per day in March 2019, down 8% from March 2018. Highlights include:

• Refined Products futures and options ADV grew 7% to 414,000 contracts
• Gasoline futures and options ADV rose 26% to 245,000 contracts

Metals volume averaged 592,000 contracts per day in March 2019, down 13% from March 2018. Highlights include: 

• Record Copper options OI of 68,000 contracts on March 25
• Precious metals options ADV rose 29% to 68,000 contracts
• Gold options ADV increased 33% to 62,000 contracts
• Platinum futures and options ADV grew 12% to 30,000 contracts

Agricultural volume averaged 1.4 million contracts per day in March 2019, down 13% from March 2018. Highlights include: