Interest Rate And Metals Derivatives Boost CME’s April Trading Volumes

Despite a dull start to the year which led to a marginal decline in CME Group‘s (NASDAQ:CME) Q1 revenues, trading volumes have shown impressive growth with over 16.3 million contracts traded on a daily basis in April, up 18% in comparison to the previous year’s comparable period. Interest rate derivatives continued to attract investor attention due to the recent rate hike in March and possible hikes in the year ahead. The continuous shift in gold and silver prices – due to the strengthening of the U.S. dollar and other economic and political factors in the U.S. – have continued to boost metals derivative volumes. We expect the volumes to remain high as metals serve as a safe investment asset. Energy derivatives saw a surge with significant movement in oil prices. We believe the volatility in the oil market is likely to sustain with the recent cut in oil production in the U.S. driving oil prices.

See the full Trefis analysis for CME Group.

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