The average daily volume (ADV) of the fourth quarter was up 25%, reaching 23.05 million contracts. Non-US ADV reached 6.3 million contracts, seeing growth in Latin America, Asia and EMEA of 40%, 36% and 15%, respectively.
Clearing and transaction fees Revenue for the final quarter came in at $1 billion. Market data revenue for the same period was $151.7 million.
Terry Duffy, CME Group’s Chairman and CEO, said:
Terry Duffy
We reached our third highest quarterly average daily volume on record in Q2, and, in particular, our SOFR futures and options contracts reached new records in both volume and open interest, driven by the industry’s accelerating transition away from USD LIBOR.
Additionally, market users increasingly turned to our micro and E-mini contracts to customize their trading strategies. Moving forward, we will remain focused on providing our clients with the tools they need to manage risk amid central bank tightening, historic inflation and other challenging market conditions.
The post CME Group Reports Revenue of $1.2 billion in Q2 appeared first on LeapRate.
