This month's report excludes event contracts. Measuring trading volume in these contracts requires a different methodology than conventional futures and options due their very small notional value and highly variable duration. Until recently, this was not an important issue because a relatively small number of these contracts traded on the exchanges covered by this report. That has changed, and in order to preserve the value of the report as a measure of trading activity, we have removed all event contracts from the report. These contracts include contracts listed on CME Group, North American Derivative Exchange and Crypto.com. We are exploring ways to track trading activity in event markets and anticipate offering that report to FIA members in future.
This month’s data on futures and options trading is accessible in two formats: a spreadsheet accessible through the link below and a set of interactive visualizations called the FIA ETD Tracker. The ETD Tracker consists of interactive visualizations on the FIA website that allow users to view data on volume and open interest, with filters based on year and month, region and jurisdiction, asset group and type of product. The ETD Tracker also includes visualizations that rank exchanges by total volume in the latest month and year to date as well as open interest in the latest month. Click here to access the ETD Tracker.
Note: The sheets Raw Data, Raw Data - Alternative, Volume Revision and Correction, OI Revision and Correction, and Additions to Historical Data, will no longer be included in the volume report released on the FIA website. To receive these sheets or any of the data contained in them, reach out to data@fia.org.
Worldwide volume of exchange-traded derivatives reached 11.80 billion contracts in May. This decreased 2.7% from April 2026 but increased 33.8% from May 2025.
Options growth has picked up. Global trading of options reached 8.82 billion contracts in May, up by more than 36% from last year, with most of that growth taking place in the Asia-Pacific region.
Global trading of futures reached 2.98 billion contracts in May, up 25.6% from the same month last year.
On a year-to-date basis, volume through five months this year was 62.27 billion contracts, up 35.3% from the first five months of 2025. The majority of that increase came from equity contracts.
Total options volume for the year so far was 46.53 billion contracts, up 38.1% from the previous year. Total futures volume was 15.74 billion contracts in 2026 so far, up 27.6% from 2025.
Total open interest at the end of May was 1.69 billion contracts. The May total was up 3.3% from April 2026 and up 16.1% from a year ago.
2026 May ETD Volume
| Futures | Options | Total | M/M | Y/Y | |
| Asia-Pacific | 1,049,700,989 | 6,715,279,562 | 7,764,980,551 | -4.1% | 41.5% |
| North America | 659,678,426 | 1,600,254,306 | 2,259,932,732 | 6.9% | 22.1% |
| Latin America | 508,866,043 | 408,125,114 | 916,991,157 | -7.0% | 1.4% |
| Europe | 283,928,836 | 84,745,098 | 368,673,934 | -8.1% | 10.4% |
| Other | 477,768,492 | 10,472,161 | 488,240,653 | -6.5% | 99.1% |
| Grand Total | 2,979,942,786 | 8,818,876,241 | 11,798,819,027 | -2.7% | 33.8% |
| M/M | -1.3% | -3.1% | -2.7% | ||
| Y/Y | 25.6% | 36.8% | 33.8% |
| Asset Class | January to May | ||
| 2025 | 2026 | Change | |
| Futures and Options | |||
| Agriculture | 1,301,145,835 | 1,232,058,645 | -5.3% |
| Currencies | 806,221,861 | 851,340,887 | 5.6% |
| Energy | 1,468,547,475 | 2,349,486,117 | 60.0% |
| Equity | 36,732,227,303 | 50,276,136,454 | 36.9% |
| Interest Rates | 3,167,141,142 | 3,698,944,565 | 16.8% |
| Metals | 1,277,064,361 | 1,721,515,748 | 34.8% |
| Other | 1,278,402,073 | 2,145,119,040 | 67.8% |
| Grand Total | 46,030,750,050 | 62,274,601,456 | 35.3% |
| Region | January to May | ||
| 2025 | 2026 | Change | |
| Futures and Options | |||
| Asia-Pacific | 28,975,756,989 | 41,219,210,365 | 42.3% |
| Europe | 1,961,909,476 | 2,270,334,998 | 15.7% |
| Latin America | 4,315,559,321 | 5,426,666,095 | 25.7% |
| North America | 9,549,347,172 | 11,223,477,291 | 17.5% |
| Other | 1,228,177,092 | 2,134,912,707 | 73.8% |
| Grand Total | 46,030,750,050 | 62,274,601,456 | 35.3% |