Nov 4 (Reuters) - Average daily volume $(ADV)$ in U.S. natural gas futures and options on the New York Mercantile Exchange rose in October from a year earlier, data from its owner CME Group showed.
For the month, futures ADV was 511,881 contracts, up 21.7% from a year ago. Futures ADV hit a monthly record of 677,112 contracts in November 2018.
So far in 2024, futures ADV was 500,072, up 25.2% from a year earlier. Futures ADV hit an annual record of 477,468 contracts in 2020.
Financially settled European-style options ADV was 215,645 in October, up 16.9% 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 207,240, up 56.6% from the prior year. Options ADV hit an annual high of 136,873 contracts in 2023.
(Reporting by Scott DiSavino Editing by Tomasz Janowski)
((scott.disavino@thomsonreuters.com; +1 332 219 1922; Reuters Messaging: scott.disavino.thomsonreuters.com@reuters.net))