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CME Group FX Futures reach a new single-day volume record
Derivatives marketplace CME Group (NASDAQ:CME) has announced its foreign exchange (FX) futures reached a new single-day volume record of 2.7 million contracts on December 11, 2019. Previous record of 2.5 million contracts was set on June 14, 2017. Open interest (OI) for CME Group FX futures also reached a record 2.3 million contracts on December 11, 2019, up from the previous OI record of 2.2 million contracts set on the previous day (December 10, 2019). Paul Houston, CME Group Global Head of FX, commented on the news: Customers are increasingly accessing the deep liquidity, as well as capital and cost efficiencies, ... (full story)