CME Sees Growth In Trade Volumes; Metals And Energy Major Drivers

October 7th, 2016 by Trefis Team
+8.61%
Upside
210
Market
228
Trefis
CME: CME Group logo
CME
CME Group

CME Group (NASDAQ:CME) saw a 6% year on year (y-o-y) increase in its trading volumes across key asset classes in September. Amid a subdued global macroeconomic environment, gold and silver have attracted investor interest, and as a result metal trading volumes grew by 30% y-o-y during the month. Further, the continuous shift in oil prices due to the demand-supply gap and OPEC’s unwillingness to cut down production has led to increased volatility in the market. This partly drove a 25% surge in CME’s energy trading volumes.

cme

Interest rate derivative volumes grew by 5% and going forward, we expect the volumes to continue growing in the wake of a possible interest rate hike in early 2017.

Relevant Articles
  1. Up 26% YTD, What’s Next For CME Group Stock?
  2. What To Expect From CME Group Stock?
  3. What To Expect From CME Group Stock?
  4. CME Group Stock To Top The Street Expectations In Q4
  5. What To Expect From CME Group Stock?
  6. CME Group Stock To Beat The Street Expectations In Q3?

Further, oil prices are expected to keep changing due to a recent announcement from OPEC around limiting oil production. This in turn should drive energy trading volumes.

View Interactive Institutional Research (Powered by Trefis):
Global Large Cap | U.S. Mid & Small Cap | European Large & Mid Cap
More Trefis Research