CME Group Records High U.S. Treasury Futures & Options Open Interest

CME Group has revealed a new record of open interest in its U.S. Treasury futures and options products, reaching 35,120,066 contracts on November 20th. Additionally, trading volume for CME’s interest rate futures and options surged to 44,839,732 contracts on November 21st, marking the second-highest single-day volume in history. Agha Mirza, Global Head of Rates and OTC Products at CME Group, attributed this activity to market participants seeking efficient and liquid trading solutions amid economic uncertainty surrounding growth and the pace of Federal Reserve rate cuts.