CME Group, a major global derivatives marketplace, has achieved its highest quarterly Asia-Pacific average daily volume (ADV) on record, with 1.2 million contracts traded during the third quarter of 2019, up 61% year-over-year and surpassing the previous quarterly record of 1.1 million contracts traded in the second quarter of 2019.

Latin America quarterly ADV was 152,000 contracts in the third quarter of 2019, up 87% from the corresponding period in 2018. This was the second-highest quarterly ADV on record in the region and was driven by 169% growth in metals products.

Europe, Middle East, and Africa (EMEA) quarterly ADV was 3.8 million contracts in the third quarter of 2019, up 34% from the corresponding period in 2018. This was the third-highest quarterly ADV on record for EMEA and was driven by 65% growth in equity index products and 27% growth in metals products.

In all, CME Group's ADV transacted outside of North America reached 5.2 million contracts during the third quarter of 2019, up 41% over the same period in 2018. This was driven by 55% growth in interest rate products, a 78% increase in equity products and 33% growth in metals.

"We continue to see trading volume growth out of Asia-Pacific as market participants continue to look towards CME Group to manage their risks," said Christopher Fix, managing director and head of Asia Pacific, CME Group. "We had a record quarter for Asia-Pacific ADV in the second quarter 2019, and to follow that up so quickly with another record-breaking quarter is a signal that clients recognize that CME Group fulfils their needs for risk management on a robust, regulated marketplace with round-the-clock liquidity."

Globally, CME Group reached ADV of 20.2 million contracts during the third quarter of 2019, up 30% from the third quarter of 2018. September 2019 volume averaged 19.7 million contracts per day, up 13% from September 2018. Open interest (OI) at the end of September was 127 million contracts, up 10% from year-end 2018 and up 6% from September 2018.