Dec 3 (Reuters) - Average daily volume $(ADV)$ in U.S. natural gas futures and options on the New York Mercantile Exchange rose in November from a year earlier, data from its owner CME Group showed.

For the month, futures ADV was 611,640 contracts, up 47.4% from a year ago. Futures ADV hit a monthly record of 677,112 contracts in November 2018.

So far in 2024, futures ADV was 509,731, up 27.1% from a year earlier. Futures ADV hit an annual record of 477,468 contracts in 2020.

Financially settled European-style options ADV was 249,258 in November, up 52.8% from a year earlier. Options ADV hit a monthly record of 273,679 in February 2024.

So far in 2024, financially settled European-style options ADV have risen to 210,878, up 56.0% from the prior year. Options ADV hit an annual high of 136,873 contracts in 2023.

(Reporting by Scott DiSavino)

((scott.disavino@thomsonreuters.com; +1 332 219 1922; Reuters Messaging: scott.disavino.thomsonreuters.com@reuters.net))