This is a list of notable futures exchanges. Those stock exchanges that also offer trading in futures contracts besides trading in securities are listed both here and the list of stock exchanges.
Below is a ranking of major exchange groups that offer exchange-traded derivatives (ETD), according to "Trends in ETD Trading Annual Review – 2023" published by the Futures Industry Association (FIA) on 31 January 2024. [1] [2]
| Rank | Exchange groups and exchanges | Trading volume | Open interest | ||
|---|---|---|---|---|---|
| Jan. - Dec. 2023 | YoY % Change | Dec. 2023 | YoY % Change | ||
| 1 | NSE Group | 84,817,136,379 | 122.5% | 36,247,772 | 55.1% |
| 84,807,400,658 | 122.5% | 36,002,960 | 54.0% | ||
| 9,735,721 | n/a | 244,812 | n/a | |
| 2 | B3 — Brasil, Bolsa, Balcão | 8,314,951,631 | 0.0% | 203,552,906 | 61.5% |
| 3 | CME Group | 6,099,488,339 | 4.3% | 105,040,548 | 8.1% |
| 3,209,300,188 | -1.6% | 59,573,736 | 2.0% | ||
| 2,211,191,467 | 13.7% | 30,599,260 | 21.1% | |
| 536,342,083 | 4.3% | 12,904,391 | 9.5% | |
| 142,654,601 | 14.2% | 1,963,161 | 17.8% | |
| 4 | BSE | 5,873,771,364 | 265.0% | 762,450 | -44.3% |
| 5,826,602,581 | 311.2% | 761,778 | -44.3% | |
| 47,168,783 | -75.5% | 672 | -34.1% | |
| 5 | Cboe Global Markets (Cboe) | 3,708,455,548 | 6.7% | 343,822 | 13.2% |
| 2,024,298,392 | 19.1% | n/a | n/a | |
| 630,097,327 | 9.8% | n/a | n/a | |
| 550,606,231 | -25.7% | n/a | n/a | |
| 448,428,060 | 10.1% | n/a | n/a | |
| 54,978,566 | 0.4% | 343,417 | 13.1% | |
| 46,971 | 57.8% | 405 | 426.0% | |
| 1 | -100.0% | - | n/a | |
| 6 | Intercontinental Exchange (ICE) | 3,656,460,603 | 6.4% | 81,708,385 | 18.2% |
| 1,229,015,809 | 3.1% | n/a | n/a | ||
| 1,187,841,122 | 10.9% | 37,092,511 | 18.4% | ||
| 745,956,812 | 3.5% | n/a | n/a | ||
| 407,931,374 | 3.6% | 40,940,201 | 15.3% | ||
| 81,119,764 | 52.2% | 3,638,061 | 58.8% | |
| 2,330,141 | 71.3% | 35,589 | -12.3% | |
| 2,265,581 | -18.1% | 2,023 | -39.7% | |
| 7 | Zhengzhou Commodity Exchange (ZCE) | 3,532,952,087 | 47.4% | 13,541,868 | 0.5% |
| 8 | Nasdaq, Inc. | 3,203,620,030 | 1.8% | 4,454,125 | -11.7% |
| 1,144,092,199 | 2.4% | n/a | n/a | ||
| 622,562,417 | -18.6% | n/a | n/a | |
| 597,258,932 | 8.2% | n/a | n/a | ||
| 331,245,641 | 21.7% | n/a | n/a | ||
| 245,525,725 | 12.6% | n/a | n/a | ||
| 196,973,399 | 28.8% | n/a | n/a | ||
| 65,732,123 | -7.1% | 4,360,748 | -11.9% | ||
| 229,594 | -20.3% | 93,377 | -2.8% | ||
| 9 | Dalian Commodity Exchange (DCE) | 2,508,333,822 | 10.2% | 13,435,769 | 9.8% |
| 10 | Shanghai Futures Exchange (SHFE) | 2,226,957,843 | 14.6% | 9,809,038 | 12.9% |
| 2,060,693,705 | 13.0% | 9,302,434 | 10.5% | |
| 166,264,138 | 38.4% | 506,604 | 84.8% | ||
| 11 | Borsa Istanbul (BIST) | 2,085,602,517 | -23.5% | 15,330,084 | -22.7% |
| 12 | Korea Exchange (KRX) | 2,038,379,367 | -1.0% | 11,133,459 | 13.2% |
| 13 | Deutsche Börse | 1,915,115,895 | -2.1% | 115,347,073 | -5.0% |
| 1,915,115,895 | -2.1% | 115,347,073 | -5.0% | |
| 14 | Miami International Holdings (MIH) | 1,589,908,527 | 22.1% | 63,238 | 5.2% |
| 647,128,959 | 47.7% | n/a | n/a | |
| 634,027,436 | 15.5% | n/a | n/a | |
| 305,857,301 | -2.1% | n/a | n/a | |
| 2,894,831 | -12.1% | 63,238 | 5.2% | |
| 15 | Moscow Exchange (MOEX) | 1,304,127,469 | 2.8% | 46,606,582 | 268.6% |
| 16 | TMX Group (TMX) | 865,382,847 | 13.7% | 15,600,945 | 17.4% |
| 693,138,435 | 13.5% | n/a | n/a | |
| 172,244,412 | 14.5% | 15,600,945 | 17.4% | |
| 17 | Hong Kong Exchanges and Clearing (HKEX) | 480,360,531 | 5.6% | 14,095,729 | 14.3% |
| 331,466,384 | 3.4% | 11,844,968 | 8.3% | ||
| 148,894,147 | 11.0% | 2,250,761 | 62.0% | |
| 18 | Multi Commodity Exchange of India (MCX) | 443,704,088 | 103.3% | 592,046 | 41.3% |
| 19 | Japan Exchange Group (JPX) | 394,038,990 | 0.5% | 3,395,946 | 0.1% |
| 392,173,920 | 0.6% | 3,346,923 | 0.2% | |
| 1,865,070 | -25.2% | 49,023 | -5.3% | |
| 20 | Taiwan Futures Exchange (TAIFEX) | 324,644,847 | -15.6% | 1,135,213 | 19.1% |
| 21 | MATba ROFEX | 311,211,933 | 3.8% | 1,030,627 | -62.3% |
| 311,201,997 | 3.8% | 1,025,337 | -62.5% | ||
| 9,936 | 163.6% | 5,290 | 138.1% | ||
| 22 | JSE Limited (JSE) | 261,189,473 | 27.5% | 16,708,041 | 5.3% |
| 23 | Singapore Exchange (SGX) | 243,139,241 | -6.5% | 4,637,735 | 2.3% |
| 24 | Australian Securities Exchange (ASX) | 223,741,637 | 10.9% | 9,224,619 | 9.2% |
| 153,812,929 | 13.6% | 3,702,918 | 13.6% | |
| 69,928,708 | 5.5% | 5,521,701 | 6.4% | |
| 25 | China Financial Futures Exchange (CFFEX) | 168,340,048 | 10.9% | 1,852,728 | 43.2% |
| 26 | Euronext | 157,863,443 | -11.6% | 19,416,146 | 3.4% |
| 132,621,496 | -12.5% | 14,839,119 | 2.8% | |
| 25,241,947 | -6.8% | 4,577,027 | 5.3% | |
| 27 | Thailand Futures Exchange (TFEX) | 129,491,241 | -5.0% | 2,684,517 | -32.6% |
| Country/Region | Exchange | Notes |
|---|---|---|
| Pan-European | Eurex Exchange | Part of Deutsche Börse Group |
| Pan-European | Euronext | Multi-country derivatives (France, Netherlands, etc.) |
| Pan-European | European Climate Exchange | Carbon derivatives |
| Pan-European | European Energy Exchange (EEX) | Power & commodity futures (Deutsche Börse) |
| Pan-European | NASDAQ OMX Commodities Europe | Nordic markets (power, energy) |
| Austria | Energy Exchange Austria | Energy |
| Belgium | BELFOX | Belgian Futures & Options Exchange (historic) |
| Czechia | OTE | Prague CO₂ emission market |
| France | Euronext Paris | French derivatives market |
| Germany | Eurex Exchange (EUREX) | Deutsche Börse, financial derivatives |
| Germany | European Energy Exchange (EEX) | Commodity exchange, part of Deutsche Börse |
| Greece | Athens Stock Exchange (Derivatives Market) | Equity & derivatives |
| Hungary | Budapest Stock Exchange (BSE) | Derivatives |
| Norway | Imarex | Shipping/freight derivatives |
| Poland | Warsaw Stock Exchange (GPW) | Financial & commodity derivatives |
| Romania | Bursa de Valori București (BVB) | Bucharest Stock Exchange, derivatives |
| Russia | Moscow Exchange | Financial & commodities |
| Russia | Moscow Interbank Currency Exchange (MICEX) | Merged into MOEX (2012) |
| Russia | RTS Stock Exchange (RTS) | Merged into MOEX (2012) |
| Serbia | Belgrade Stock Exchange (BELEX) | Limited derivatives |
| Slovakia | Commodity Exchange Bratislava (CEB) | Commodities |
| Spain | Mercado Español de Futuros Financieros (MEFF) | Financial futures |
| Sweden (Nordic) | Nasdaq Nordic (Nasdaq Stockholm – Derivatives Market) | Financial derivatives (govt & mortgage bond futures, STIBOR/NIBOR futures, OTC rate derivatives) |
| Ukraine | Ukrainian Exchange (UX) | Derivatives |
| United Kingdom | ICE Futures Europe | Former LIFFE and IPE, owned by Intercontinental Exchange |
| United Kingdom | London Metal Exchange (LME) | Metals, owned by Hong Kong Exchanges and Clearing |
| United Kingdom | Baltic Exchange | Freight derivatives, owned by Singapore Exchange |