CME Group U.S. Treasury Futures Open Interest Surpasses Record 21 Million Contracts
CHICAGO, Nov. 28, 2023 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today announced that open interest in its deeply liquid U.S. Treasury futures set a new record of 21,428,757 contracts on November 24.
- CHICAGO, Nov. 28, 2023 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today announced that open interest in its deeply liquid U.S. Treasury futures set a new record of 21,428,757 contracts on November 24.
- This year, the notional value of open interest in CME Group U.S. Treasury futures grew to $2.57 trillion, an increase of 50% year-over-year, as the average daily volume (ADV) reached 5.5 million contracts, the highest annual level ever.
- "Throughout 2023, we have seen record volume and open interest in our U.S. Treasury futures, which offer market participants the most efficient and liquid products to hedge risk across the yield curve," said Agha Mirza, CME Group Global Head of Rates and OTC Products.
- U.S. Treasury futures receive margin offsets against existing CME Group Interest Rate products, and are listed with, and subject to, the rules of CBOT.