In the finance sector, the
CME Group has been experiencing an exciting period of growth. They reported
record average daily volumes (ADV) in several months: 24.8 million contracts in July, 26 million in May, and 26.5 million in April, there was a second-highest monthly ADV of 31.7 million contracts in August. This growth was supported by double-digit increases across all
asset classes for many of the reporting periods. They also announced the growth of specific assets, such as
FX Futures and FX Link, which reached all-time volume records. They announced plans to launch Bitcoin Friday Futures, creating two new cryptocurrency reference rates. An all-time record revenue of $1.5 billion for Q2 2024 was recorded, combined with records set in June and Q2 2024 volumes. The innovation is emboldened by collaboration with Google Cloud for the co-location facility and a private cloud region. The
U.S. Treasury Complex recorded a new standard of surpassing 34 million contracts, the intent to launch €STR options and a partnership with Aviso Wealth Management was revealed.
CME’s blockchains are reportedly reaching new milestones, particularly with aluminum futures. Finally, emphasis has been made on philanthropy and social responsibility, with scholarships awarded to underrepresented students.
Cme Group CME News Analytics from Wed, 03 Jan 2024 08:00:00 GMT to Sun, 29 Sep 2024 10:47:24 GMT -
Rating 8
- Innovation 9
- Information 7
- Rumor -3
