CME Group Sees 31% Volume Surge in August, Sets Multiple ADV Records Across Asset Classes
Portfolio Pulse from Benzinga Newsdesk
CME Group reported a 31% increase in average daily volume (ADV) in August, reaching 31.7 million contracts. The company set multiple ADV records across asset classes, including interest rates, equity index, agricultural, and foreign exchange.
September 04, 2024 | 11:36 am
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CME Group experienced a significant 31% increase in trading volumes in August, setting records across various asset classes. This surge indicates strong market activity and demand for CME's derivatives products.
The 31% increase in ADV and record-setting volumes across multiple asset classes suggest strong demand for CME's products, likely boosting investor confidence and positively impacting CME's stock price in the short term.
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