CME Group (CME) has presented a stellar performance, recording all-time high revenues of
$1.5 billion in Q2 2024. Besides, the company reported record May, June, and July ADV, respectively with 26 million, record Q2 volumes, and 24.8 million contracts, indicating remarkable growth across multiple asset classes. Interestingly, the corporation also launched €STRWatch to enable clients manage risk with respect to
ECB policy decisions. Noteworthy progress was also recorded with the average daily volume in Q1 and Q2 2024 registering 7.4 million and 7.8 million contracts respectively.
Expanding into fixed income markets, CME Group launched corporate bonds and mortgage-backed securities, reflecting their commitment to foster innovation. Their collaboration with
Google Cloud marks another milestone, highlighting their dedication to offer a blend of traditional and digital offerings. The joint venture aims to establish a new Chicago area private cloud region for CME Group's markets, yet another ground-breaking achievement in the financial industry. These developments reflect CME Group's robust financial and strategic stature, paving the way for improved long-term financial returns.
Cme Group CME News Analytics from Wed, 06 Dec 2023 08:00:00 GMT to Sun, 18 Aug 2024 19:09:10 GMT -
Rating 7
- Innovation 7
- Information 9
- Rumor 4
