CME Group has announced its international (outside of North America) third-quarter trading volumes today. The firm, which is , saw an increase in both its Asian and Latin American markets.
In the Asia Pacific region, the firm had an average daily volume (ADV) of 726,000 contracts in the third quarter of 2018. When compared to the same period last year, this is an increase of 4 per cent.
According to the statement, this uptick was driven by a strong performance in both equity and foreign exchange (FX) products. Specifically, equity volume was up 41 per cent whilst FX trading volumes jumped by 36 per cent in the region year-on-year.
source: LinkedIn
Trading volume in Latin America also experienced a nice growth in the third quarter of this year with ADV at 82,000 contracts. This up by 21 per cent year-on-year. It was driven by a growth of 92 per cent in interest rate products and a 27 per cent growth in energy products.
Trading volume in EMEA declines YoY for CME Group
Taking a look at the Europe, Middle East and Africa (EMEA) region for CME Group, ADV came in at 2.9 million contracts. Whilst this might seem like a lot, this is actually down 7 per cent from the third quarter of 2017. Despite the overall decline, metals products did see an increase of 14 per cent year-on-year and agricultural commodities were also up by 3 per cent.
Overall, the firm’s international ADV hit 3.7 million contracts during the quarter. Despite gains in APAC and Latin America, this was still down by 5 per cent year-on-year. In the third quarter, averaged 15.6 million contracts per day globally. This is slightly less than the third quarter of 2017 (down by 1 per cent).
The results follow on from a , which experienced an average daily volume (ADV) for international transactions of 4.2 million contracts, an increase of 13 per cent from the same time period last year.
During the month of September, CME Group experienced an ADV of 17.5 million contracts globally. This is a small jump of 3 per cent when compared to the same time period last year. Open interest was 120 million contracts at the end of the month. This is an increase of 6 per cent year-on-year and 11 per cent from year-end 2017.
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