Derivatives Exchanges FMX June 10 Total Daily Volume of 75,360 with OI of 189,016

Research evidence excerpt

Derivatives Exchanges FMX June 10 Total Daily Volume of 75,360 with OI of 189,016

J P M O R G A N North America Equity Research

11 June 2026

Derivatives Exchanges

FMX June 10 Total Daily Volume of 75,360 with OI of

189,016

Brokers, Asset Managers &

Exchanges

Kenneth B. Worthington, CFA AC

(1-212) 622-6613

kenneth.b.worthington@jpmorgan.com

We observed 75,360 total futures contracts traded on June 10 at the FMX Futures Madeline Daleiden

Exchange, with 189,016 contracts of open interest (OI) at session-end. The closing (1-212) 622-4911

madeline.daleiden@jpmchase.com

level of OI on June 10 fell 3.5% from the previous trading session (195,843). 2yr

Michael Cho

and 5yr U.S. Treasury futures had 3,628 contracts of OI outstanding as of June

(1-212) 622-3619

10with 16,226 UST contracts traded yesterday. We reiterate that the focus michael.cho@jpmchase.com

continues to be on onboarding more FCM activity, which, in turn, may attract J.P. Morgan Securities LLC

greater buy-side involvement.

Figure 1: Monthly Summary of Total Activity at FMX Futures Exchange See other FMX-related research:

250,000 # of contracts Derivatives Exchanges: FMX UST Futures’

Total Ending OI Total FMX Futures Monthly ADV Total ADV & OI Contract Specs Now Available; May 15

Includes 3mo SOFR, 2yr UST, 5yr UST

Daily Volume of 2,524 with OI Reaching

200,000 Record High

150,000 Derivatives Exchanges: FMX First

Contracts Begin Trading with a Whisper

100,000 Rather than a Bang (September 24, 2024)

50,000 CME Group, Inc: FMX a Credible New

Entrant to US Rates Futures Trading –

- Why It Could Succeed and What It Could

Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 Apr-26 May-26 Jun-26 Cost CME; Downgrade to UW (June 2024)