Introducing the ETD Tracker:
This month FIA is releasing the February data on futures and options trading in two formats: the established spreadsheet format and a new format 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 February 2023:
Worldwide volume of exchange-traded derivatives reached 8.46 billion contracts in February, the second highest level ever recorded. This was down 0.6% from the record month of January 2023 but up 35.9% from February 2022.
Options continue to gain in popularity. Global trading of options reached 6.28 billion contracts in February, up by more than 62% from last year, with most of that trading taking place in the Asia-Pacific region. Global trading of futures reached 2.19 billion contracts in February, down 7.7% from the same month last year.
On a year-to-date basis, volume in the first two months of the year was 16.97 billion contracts, up 37.9% from the first two months of 2022. The majority of that increase came from equity index contracts.
Total options volume for the year so far was 12.62 billion contracts, up 67.2% from the previous year. Total futures volume was 4.35 billion contracts in 2023 so far, down 8.5% from 2022.
Total open interest at the end of February was 1.13 billion contracts. The February total was up 6.8% from January 2023 and up 7.1% from a year ago.
Open interest in futures contracts was 298.9 million contracts at the end of February, up 7.4% from a year ago. Open interest in options was 834.7 million contracts at the end of February, up 7% 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 February ETD Volume
| Futures | Options | Total | M/M | Y/Y | |
| Asia-Pacific | 844,591,474 | 4,977,452,935 | 5,822,044,409 | 1.0% | 69.6% |
| North America | 469,859,683 | 1,007,699,505 | 1,477,559,188 | 4.8% | 4.8% |
| Latin America | 473,562,924 | 196,502,931 | 670,065,855 | -11.8% | 2.8% |
| Europe | 276,271,118 | 83,462,961 | 359,734,079 | 6.5% | -33.3% |
| Other | 120,940,461 | 10,925,552 | 131,866,013 | -45.1% | -31.5% |
| Grand Total | 2,185,225,660 | 6,276,043,884 | 8,461,269,544 | -0.6% | 35.9% |
| M/M | 0.8% | -1.1% | -0.6% | ||
| Y/Y | -7.7% | 62.6% | 35.9% |
Asset Class
| Asset Class | January to February | ||
| 2022 | 2023 | Change | |
| Futures and Options | |||
| Agriculture | 371,132,426 | 322,356,322 | -13.1% |
| Currency | 1,218,862,927 | 1,306,740,920 | 7.2% |
| Energy | 385,238,451 | 370,342,866 | -3.9% |
| Equity Index | 6,664,970,251 | 11,183,688,001 | 67.8% |
| Individual Equity | 2,198,247,837 | 2,050,162,109 | -6.7% |
| Interest Rates | 859,192,290 | 1,050,910,058 | 22.3% |
| Non-Precious Metals | 224,884,363 | 232,934,997 | 3.6% |
| Other | 293,870,793 | 353,466,307 | 20.3% |
| Precious Metals | 88,577,830 | 102,571,117 | 15.8% |
| Grand Total | 12,304,977,168 | 16,973,172,697 | 37.9% |
Region
| Region | January to February | ||
| 2022 | 2023 | Change | |
| Futures and Options | |||
| Asia-Pacific | 6,607,212,551 | 11,586,468,162 | 75.4% |
| Europe | 1,011,429,774 | 697,563,160 | -31.0% |
| Latin America | 1,429,415,359 | 1,429,701,266 | 0.0% |
| North America | 2,841,120,837 | 2,887,293,836 | 1.6% |
| Other | 415,798,647 | 372,146,273 | -10.5% |
| Grand Total | 12,304,977,168 | 16,973,172,697 | 37.9% |