Forex trading growth rises 20%, leading to record quarter
CME Group Inc. (NASDAQ: CME), the world's leading derivatives marketplace, reported record financial results for the second quarter of 2024, with foreign exchange (FX) trading volumes posting strong growth of 20% to more than 1 million contracts per day.
CME Group Reports Record Q2 Revenue, Forex Trading Increases
The Chicago-based exchange operator posted record quarterly revenue of $1.5 billion, driven by increased trading activity across all asset classes. Adjusted net income reached $932 million, or $2.56 per diluted share, beating analysts' expectations.
Average daily volume (ADV)...