International derivatives marketplace CME Group today announced that open interest in 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. “We are particularly pleased with the breadth of our market’s liquidity profile and overall participation, as measured by large open interest holders in the CFTC’s commitment of traders…
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