Well at least CME Group (NASDAQ:CME) has broken the streak we've seen of lower reported FX trading volume metrics in May (Click365, Moscow Exchange, EXNESS...). But we don't think that anyone at CME is celebrating. CME Group has reported that FX futures volumes averaged 589,000 contracts per day in May - up 5% from April's…
Read moreStatement on newly launched CME Europe, CEO Phupinder Gill commented, "With London being the center of global FX trading, we will focus on FX futures initially, and add other products going forward..." Forex volume on the CME ticked up 15% from 705k in 4Q 2013, to 817k in 1Q 2014. While volume is down 23%…
Read moreCME’s FX futures volumes made a favorable increase in March compared to February's results CME Group, the world's leading and most diverse derivatives marketplace, today announced that March 2014 volume averaged 14.1 million contracts per day, up 13 percent compared with March 2013. Total volume for March 2014 was more than 295 million contracts, of…
Read moreThe upward trend pauses, figures lower by 28% over last year FX contracts volumes traded on the CME Group have dipped lower by 7% in the month of February to 769,000 contracts daily. That marks a break in a rising trend that we have observed since October of last year. The average daily notional value…
Read moreCould be a great 2014 for CME Group, if a Greenwich Associates study is right According to a research paper by US strategic financial consulting firm Greenwich Associates, we are in for some changes to the structure which comprises the bulk of the foreign exchange market. Trading activity will shift to the futures markets and…
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