CME Earnings Preview: Tepid Growth In Transaction-Based Revenues Likely

February 05, 2016   |   February 2016 Bond Updates
CME Group is scheduled to announce its fourth quarter fiscal 2015 earnings on Friday, February 5.   After a sustained period of high trading activity through the year, CME Group witnessed a slowdown in the fourth quarter. Daily trade volumes were down 11% year on year to 13.2 million contracts per day, primarily due to a slump in average daily volumes of interest rate (-18% y-o-y) and foreign exchange contracts (-19% y-o-y). Consequently, we expect transaction-based revenues to be suppressed in the quarter.

View more at: http://www.forbes.com/sites/greatspeculations/2016/02/04/cme-earnings-preview-tepid-growth-in-transaction-based-revenues-likely/
 
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