The number of futures and options traded on exchanges around the world rose to over 20 percent to 30.28 billion contracts in 2018. This record high was primarily driven by exchange-traded derivative transactions in Asia-Pacific and South America.
Currency futures and options rose close to 32 percent to a record amount of 3.93 billion contracts. The key drivers were on account of higher levels of trading on exchanges in India, Brazil and Argentina.
The picture for exchange-traded commodity derivatives was much more mixed. Agricultural contracts grew the most within the commodities group, to around 14 percent.
Non-precious metal exchange traded-derivatives declined primarily due to a decrease seen in Chinese markets. Non-precious metals volume was down 12.5 percent to 1.52 billion.
Kishore Narne, associate director, Motilal Oswal Commodity Broker; Kunal Shah, head of commodities and currency research, Nirmal Bang Commodities and G Chandrashekhar, agri and commodity specialist, discussed commodity derivatives market.