June 2020 Highlights
Governments around the world continue to struggle with the fallout of COVID-19. While progress continues, it is slow with certain parts of the world facing a spike in cases and forcing the re-introduction of lockdown measures. Uncertainty has gripped markets, in turn hampering economic recovery.
Key product development remains focused on benchmark reform, with both the SONIA and SOFR franchises experiencing significant growth, posting record volumes in Q2.
Fixed Income finished the month with Average Daily Volume (ADV) of 1.5 million contracts and Open Interest (OI) of 21.1 million contracts.