US Futures Market Review: Q4-2017
US Futures and options-on-futures volumes finished 2017 at record levels. Futures were up 2% and options grew 10% and are poised to set new records in 2018. The number of FCMs ended the year at 63 due to consolidation and not contraction. A more favorable interest rate environment coupled with global expansion may lead to more FCMs in 2018.
TABB Group’s Futures Market Review analyzes quarterly trends in the futures and options-on-futures markets in the US and offers a brief global overview. In addition, we provide details on swap and volatility futures contracts. Finally, we provide a comprehensive ranking of the top 25 Futures Commission Merchants (“FCMs”) as determined by customer segregated balances held on their books.