real-time news and commentary for investors
Wednesday, Sep 4
Big gains in volume continues at CME
- It's high-cotton time at the Merc thanks to renewed volatility in interest rates. Total exchange volume at the CME averaged 12.2M contracts/day in August, up 18% from a year ago. In the interest rate pits, volume of 6.1M contracts was up 29% Y/Y.
- Equity index volume of 2.4M contracts was up 19%. FX volume of 745K contracts up 2% (thinly traded rupee futures volumes gained 42%). Metals volume of 374K contracts gained 29%.
- CME's stock is ahead 43% YTD.
- Press release.