CME Group ADV Down In 2009
CME Group, the world’s largest derivatives exchange, saw volumes rise 13 percent year-over-year in December 2009, but the ADV for 2009 overall fell to 10.3 million, down 20 percent from 2008.
In particular, the ADV for equity index contracts as a group was down 20 percent to 2.9 million. Interestingly, in 2008, equity index contracts represented roughly 28 percent of the exchange’s total ADV, and that percentage held steady in 2009. |