CME Group Reports Record January ADV of 25.2M Contracts, Company Says International ADV Increased 24% To 7M Contracts, With EMEA ADV Up 28%
Portfolio Pulse from Benzinga Newsdesk
CME Group announced a record Average Daily Volume (ADV) of 25.2 million contracts for January, with a 24% increase in international ADV to 7 million contracts. The EMEA region's ADV rose by 28%.
February 02, 2024 | 12:35 pm
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CME Group reported a record ADV of 25.2 million contracts in January, with significant growth in international and EMEA regions.
The record ADV indicates strong trading activity and potentially increased revenue for CME Group. The significant growth in international and EMEA ADV suggests expanding global influence and market share, likely leading to positive investor sentiment and a potential increase in stock price in the short term.
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