MarketPR
A record 27 million contracts traded in July puts CME Group (CME) in focus, with volume rising 23% from the same period last year. The print is the exchange operator's highest July contract count on record.
The August volume report is the next milestone to watch. The print For an exchange, contract volume is the primary activity metric. At 27 million contracts, July sets a new ceiling for every prior July at CME Group.
The 23% year-over-year rate measures current activity against the same month in the prior year, which gives the headline its comparable base.
The setup Monthly volume at exchange operators is watched as a near-real-time read on market activity levels.
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