Euro crisis sparks record e-trading
Ratings agency Standard & Poor's downgraded Spain's sovereign debt rating on Wednesday (April 28), to AA from AA+. The cut came a day after S&P cut Portugal's debt rating to A– from A+ and Greece's debt to junk status.
CME Group reported an all-time record for notional value of $193.3 billion for foreign exchange products traded on the exchange on Wednesday (April 28). Trading volume by contracts reached 1.48 million, surpassing the previous volume record of 1.40 million and notional record of
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