Trading continued to shift to the Globex electronic trading platform, with 3.1 million contracts traded electronically in the quarter, or 71% of total volume, up from 66% in the first quarter of the year.
CME chief executive Craig Donohue attributed increasing numbers of trades in eurodollar futures and foreign exchange for the improvement in results. "We anticipate further electronic growth as we continue to improve the functionality of our CME Globex platform and the flexibility of our product offerings," said Donohue. "These enhancements enable our customers to use more sophisticatedtrading strategies and increase trading in new electronic options products.”
The week on Risk.net, November 17–24, 2017Receive this by email