CME Group SOFR Futures Hit New Open Interest and Volume Records

CHICAGO, Sept. 3, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that open interest in its deeply liquid SOFR futures set a new record of 12,701,232 contracts on August 28, as the product's average daily volume (ADV) reached a record 3.5 million contracts year-to-date. "As market participants navigate changing expectations around monetary policy, they are turning, in record numbers, to the deep liquidity of CME Group SOFR futures and options, which are the world ...