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Futures volumes jump but year-on-year weakness persists

Front-month futures volumes rose sharply as traders rolled positions, though activity remains deeply down year on year across contracts.
Published: January 10, 2026
Written by:
Edward Hayden-Briffett

Edward Hayden-Briffett

Research Analyst, Flux
Edward Hayden-Briffett
,
Will Cunliffe

Will Cunliffe

Research Analyst, Flux
Will Cunliffe
and
Spyridon Kokas

Spyridon Kokas

Research Analyst, Flux
Spyridon Kokas
Reviewed by:
Jorge Montepeque

Jorge Montepeque

Head of Benchmarking, Flux
Jorge Montepeque
Edition: Liquidity ReportVolume: 2Issue: 1
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In the week ending 2 January 2026, exchange traded futures volumes showed significant increases w/w across instruments in the first three tenors, as traders rolled their positions. Brent showed significant increases particularly in April and May tenors, up 35.92% and 39.87%, respectively.

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