Increasing market risk is the new normal on Wall Street, and CME is loving it
CME set a record daily trading activity, but its stock was set to fall as revenue met high expectations.
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cme set a record for daily trading activity, but its stock was still set to fall. revenue only met high investor expectations, not exceeding them.
the exchange operator saw a surge in activity as market risk increases, which it directly benefits from. the record volume just wasn't enough to push the stock higher after the earnings report.
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