CME Group (CME) announced that its average daily trading volume (ADV) reached a record 26.3 million contracts in October, marking an 8% increase compared to the same month last year. This performance exceeded the previous October record of 25.2 million contracts set in 2023.
Strong Growth Across Asset Classes
Metals markets led the surge, with average daily volume climbing 165% year-over-year to 1.7 million contracts. The exchange recorded new all-time highs in several key contracts, including Micro Gold futures (704,000 contracts), Micro Silver futures (96,000), 1-Ounce Gold futures (80,000), and Gold options (156,000).
Cryptocurrency derivatives also saw exceptional growth, as trading activity expanded 226% to an average of 379,000 contracts per day, equivalent to $15.3 billion in notional value. The Micro Ether futures contract was a standout performer, rising 583% to 222,000 contracts, while Micro Bitcoin futures increased 60% to 80,000 contracts.
Agricultural markets achieved fresh monthly records as well. Soybean futures averaged 400,000 contracts daily, and soybean options reached 138,000. Overall agricultural volume grew 5% year-over-year to 1.9 million contracts.
Consistent Performance in Core Segments
Interest rate products remained CME Group’s largest segment, averaging 11.6 million contracts per day. Equity index products followed with 7.6 million contracts, reflecting a 28% increase from last year, while energy contracts averaged 2.7 million contracts, up 1% year-over-year.
International Participation Expands
Global trading activity continued to strengthen, with international volume rising 13% to 8.2 million contracts daily. The EMEA region contributed 5.9 million contracts (+9%), while Asia-Pacific (APAC) activity increased 29% to 2 million contracts.
Additionally, CME’s BrokerTec U.S. Repo platform achieved a new record, with average daily notional value reaching $392 billion, representing a 24% increase compared to October 2024.
