CME Group Reported Its February 2024 Market Statistics, Including An Average Daily Volume Of 29.6M Contracts, An Increase Of 5% Year-over-year And The Second Highest Average Daily Volume On Record For The Month
Portfolio Pulse from Benzinga Newsdesk
CME Group announced its February 2024 market statistics, revealing an average daily volume of 29.6 million contracts, marking a 5% increase year-over-year and achieving the second highest average daily volume for February on record.
March 04, 2024 | 12:41 pm
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CME Group's February 2024 market statistics show a significant increase in trading volume, indicating strong market activity and potentially higher revenues.
The increase in average daily volume suggests higher trading activity, which typically leads to increased transaction fees and potentially higher revenues for CME Group. This positive performance could attract investor interest, potentially driving up the stock price in the short term.
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