CME Group International Average Daily Volume (ADV) For Q2 Reached 7.8M Contracts (+23% YoY), EMEA 5.8M (+28%), APAC 1.7M (+9%), LatAm 182K (+8%)
Portfolio Pulse from Benzinga Newsdesk
CME Group reported a significant increase in its International Average Daily Volume (ADV) for Q2 2024, with notable growth in EMEA, APAC, LatAm, and Canada. EMEA saw a 28% increase, APAC 9%, LatAm 8%, and Canada 11%. Record growth was observed in various product categories including foreign exchange, interest rate, energy, metals, and agricultural products.
July 05, 2024 | 3:00 pm
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CME Group's Q2 2024 International ADV saw a significant increase, with EMEA up 28%, APAC 9%, LatAm 8%, and Canada 11%. This growth was driven by record performances in foreign exchange, interest rate, energy, metals, and agricultural products.
The significant increase in ADV across multiple regions and product categories indicates strong operational performance and potential revenue growth for CME Group. This positive performance is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100