The CME Group has been remarkably active, setting a host of new records and launching a variety of novel strategies. The group's U.S. Treasury complex set a record with 34 million contracts, while its international average daily volume also reached a quarterly record of 7.4 million contracts in Q1 2024; a substantial increase from the previous record in 2023 with 6.8 million contracts. In February 2024, CME Group reported an average daily volume (ADV) of 29.6 Million contracts and a record January ADV of 25.2 Million contracts. Micro E-mini futures and options also generated interest.
In addition, it announced the launch of new micro Euro-denominated Bitcoin and Ether futures on March 18. An expansion of its gold, silver, and copper short-term options expiries is also in the pipeline, enhancing its stance in the metals market. Other developments include the launch of a unified global NDF trading venue and the extension of the employment agreement for Chairman and CEO Terry Duffy through 2025.
Cme Group CME News Analytics from Tue, 03 Oct 2023 07:00:00 GMT to Thu, 30 May 2024 18:21:06 GMT - Rating 8 - Innovation 7 - Rumor -8
