CME and Reuters post forex-driven results
NEWS
A notional value of $80 billion was traded per day on CME in FX during March 2007, helping to drive a 27% increase in CME's average daily volumes, which rose from 5.1 million contracts in Q1 2006 to reach a record 6.5 million contracts in Q1 2007.
Trading on electronic trading platform CME Globex grew from 3.4 million a day in Q1 2006 to a record 4.8 million contracts a day in Q1 2007, reflecting an increase of 41%.
Overall FX volume growth pushed CME's total revenues up by 32%. Revenues rose
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