After the multiyear lows reported last month an obvious pickup is firming up on FX futures trading
The derivatives market place CME Group has just announced its volume metrics for the month of November. The numbers came out at 718,000 contracts which looks much better than last month’s multiyear lows, however the amount is still lower from a year ago, when it was 8% higher at 775,000.
The number “corrects” last month’s slump and might just confirm our theory that institutional investors were sidelined because of the government shutdown and uncertain environment. Stay tuned to LeapRate with more volume metrics numbers coming out.
For the complete press release and numbers across other asset classes visit CME Group’s website.
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