CME reports November uptick
"We are seeing significant growth in euro/dollar and foreign exchange volumes on Globex, reflecting a strong market response to our aggressive efforts to boost Globex liquidity around the clock," said Craig Donohue, who becomes CME’s chief executive officer on January 1, 2004.
Overall, the CME’s daily FX volume rose 65% compared with November last year to an average of 134,000 contracts traded, which represented the highest ‘non-roll’ month for the exchange this year. ‘Roll’ months are where
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