Introducing the ETD Tracker:
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.
Highlights from September 2023:
Worldwide volume of exchange-traded derivatives reached 13.5 billion contracts in September, the second highest level ever recorded. This was down 3.3% from the record breaking month of August 2023 but up 63.8% from September 2022.
Options continue to gain in popularity. Global trading of options reached 11 billion contracts in September, up by more than 102% from last year, with most of that trading taking place in the Asia-Pacific region. Global trading of futures reached 2.46 billion contracts in September, down 12% from the same month last year.
On a year-to-date basis, volume in the first nine months of the year was 94.49 billion contracts, up 55.8% from the first nine months of 2022. The majority of that increase came from equity index contracts.
Total options volume for the year so far was 72.62 billion contracts, up 88.1% from the previous year. Total futures volume was 21.87 billion contracts in 2023 so far, down 0.9% from 2022.
Total open interest at the end of September was 1.24 billion contracts. The September total was down 2.1% from August 2023 but up 6.1% from a year ago.
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.
2023 September ETD Volume
| Futures | Options | Total | M/M | Y/Y | |
| Asia-Pacific | 999,531,155 | 9,789,618,346 | 10,789,149,501 | -0.5% | 110.5% |
| North America | 404,136,336 | 947,225,674 | 1,351,362,010 | -17.1% | -10.5% |
| Latin America | 462,456,762 | 197,284,586 | 659,741,348 | -17.7% | -13.1% |
| Europe | 367,946,359 | 89,487,541 | 457,433,900 | 12.4% | -1.6% |
| Other | 230,107,808 | 8,087,436 | 238,195,244 | -12.7% | -37.0% |
| Grand Total | 2,464,178,420 | 11,031,703,583 | 13,495,882,003 | -3.3% | 63.8% |
| M/M | -13.6% | -0.7% | -3.3% | ||
| Y/Y | -12.0% | 102.8% | 63.8% |
Asset Class
| Asset Class | January to September | ||
| 2022 | 2023 | Change | |
| Futures and Options | |||
| Agriculture | 1,775,107,381 | 2,359,810,947 | 32.9% |
| Currency | 5,612,388,237 | 5,602,016,085 | -0.2% |
| Energy | 1,564,976,317 | 1,995,861,251 | 27.5% |
| Equity Index | 34,488,060,460 | 66,160,581,757 | 91.8% |
| Individual Equity | 9,849,177,370 | 9,466,245,602 | -3.9% |
| Interest Rates | 3,943,743,975 | 4,513,217,057 | 14.4% |
| Non-Precious Metals | 1,204,297,916 | 1,369,746,348 | 13.7% |
| Other | 1,823,637,017 | 2,496,748,129 | 36.9% |
| Precious Metals | 401,946,045 | 525,294,233 | 30.7% |
| Grand Total | 60,663,334,718 | 94,489,521,409 | 55.8% |
Region
| Region | January to September | ||
| 2022 | 2023 | Change | |
| Futures and Options | |||
| Asia-Pacific | 35,687,301,931 | 69,381,282,859 | 94.4% |
| Europe | 3,753,706,852 | 3,611,226,554 | -3.8% |
| Latin America | 6,418,661,061 | 6,463,226,280 | 0.7% |
| North America | 12,581,386,115 | 13,253,582,216 | 5.3% |
| Other | 2,222,278,759 | 1,780,203,500 | -19.9% |
| Grand Total | 60,663,334,718 | 94,489,521,409 | 55.8% |
