Asia Pacific Q1 2020 Adv Reached a record 1.6 million contracts, making a 73% increase compared to the same period in 2019. This increase was contributed to a 195% growth in Equity products, 76% growth in Metals products, and 59% growth in Interest Rate products in the region.
Latin America ADV reached 182,000 contracts in Q1 2020, making a 21% from Q1 2019. Equity products lead with 138% growth, followed by 35% Foreign Exchange products in the region.
William Knottenbelt, Senior Managing Director and Head of International, CME Group commented:
In the first quarter of this year, we have seen unprecedented market conditions leading to increased volatility, and our record international volumes reflect a heightened need for risk management. We are committed to continuing to provide a robust, liquid and regulated marketplace for clients to manage their risk around the clock and around the world.
CME Group reported a record ADV of 32.1 million contracts globally during the month of March, marking a 68% increase compared to March 2019. First-quarter 2020 ADV reached a record 27 million contracts, up by 45% from Q1 2019. Open interest reached 123 million contracts at the end of March.
- CME Group to enter the world of mining
- CME Group launches new gold futures contracts to give traders increased flexibility
The post CME Group Reports Record Average daily volume of 7.2 Million contracts in Q1 2020 appeared first on LeapRate.