CME Records Historical Cryptocurrency Trading Volume in Q3

The Chicago Mercantile Exchange (CME) experienced record-breaking trading volume for cryptocurrency futures and options during the third quarter, reaching over $900 billion. This surge marks a historic milestone for the exchange. Notably, the average daily open interest (ADOI) climbed to a new peak of $31.3 billion during this period, while nominal open interest (OI) reached an all-time high of $39 billion on September 18th. The number of large open interest holders (LOIH) also hit a significant milestone with 1,014 entries recorded for the week of September 16th.