CME Group reports Q3 Asia Pacific ADV up 4% to 726,000 contracts
CME Group announced that it achieved Asia Pacific quarterly average daily volume, or ADV, of 726,000 contracts in Q3 of the year, up 4% from the corresponding period last year. This was driven largely by a strong performance in Equity and FX products, up 41% and 36% respectively. Latin America quarterly ADV was 82,000 contracts in the third quarter of the year, up 21 percent from the third quarter in 2017. This was driven by 92 percent growth in Interest Rate products and 27 percent growth in Energy products. Europe, Middle East and Africa quarterly ADV hit 2.9M contracts in Q3, down 7% from Q3 2017. The Metals and Agricultural Commodities products saw an increase of 14% and 3% respectively, compared to the same period last year. In all, CME Group's international, defined as outside of North America, ADV reached 3.7M contracts during Q3 of 2018, down 5% over the same period last year. Globally, CME Group's September 2018 ADV reached 17.5M contracts, up 3% from September 2017. Open interest at the end of September was 120M contracts, up 6% from September 2017 and up 11% from year-end 2017. CME Group averaged 15.6M contracts per day in Q3, down 1% from Q3 2017.