Derivatives market place CME Group achieved quarterly international average daily volume (ADV) of 7.3 million contracts in Q1 2022, up 18 per cent year on year.

Reflecting all trading reported from outside the United States, this volume was driven largely by growth in Equity Index products, up 31 per cent, and Interest Rate products, up 19 per cent. 

In Q1 2022, Europe, Middle East and Africa ADV hit 5.1 million contracts, up 17 per cent from Q1 2021. This was driven by a strong performance in Equity Index products and Agricultural products in the region, up 29 per cent and 18 per cent respectively, compared to the same period in 2021. 

Asia Pacific ADV reached a record 1.9 million contracts in Q1 2022, up 22 per cent year on year. This was driven by 43 per cent growth in Energy products, 33 per cent growth in Equity Index products and 30 per cent growth in Interest Rate products in the region.

Latin America ADV grew to 162,000 contracts in Q1 2022, up 28 per cent from Q1 2021. This was led by 40 per cent growth in Equity Index products and 30 per cent growth in Interest Rate products in the region.

Globally, CME Group reported ADV of 26 million contracts in Q1 2022, up 19 per cent over the same period in 2021. This increase was largely driven growth in Equity Index products, up 30 per cent, and Interest Rate products, up 21 per cent.