CME Group FX volumes soar 42% in June 2016 as Brexit drives GBP trading 65%

International derivatives marketplace CME Group Inc (NASDAQ:CME) has reported spectacular June trading volumes, as we’ve seen so far at other institutional trading venues, driven largely by Brexit induced volatility.

Foreign exchange volumes averaged 1.02 million contracts per day in June 2016, up 3% YoY from June 2015 but 42% MoM above May.

Highlights for June at CME include:

  • Grew British Pound futures and options ADV 65% to 193,000 contracts per day in June, and reached a record daily volume of more than 522,000 contracts on June 24, 2016, better known as Brexit Friday.
  • Increased ADV of Emerging Market currency pairs futures and options, with Brazilian Real up 123%, Russian Ruble up 33% Australian Dollar up 27% and Mexican Peso up 16%.

Over all assets classes, CME Group saw a 10% MoM rise in trading during June to 16.4 million contracts per day, up from 14.9 million in May.


CME Group June 2016 volumes

More on CME Group’s June trading results can be seen here.

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