CME Group’s June Volumes Stagnate, FX Storms Higher on USD Movement

[kreslik.news]

CME Group (NASDAQ: CME), one of the world’s largest derivatives marketplaces, has just reported its June 2017 aggregated trading volumes. The latest figures again showed steady growth despite what was largely billed as a tranquil month for markets.

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June 2017 was notably absent of any major market drivers – apart from the US Federal Reserve’s rate hike that was all but priced in, markets were essentially dormant as a summer lull set in. That CME’s overall volumes did not see any decline is arguably the real story, given May’s market jitters via ... (read more)