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6min chapter
The CME's Terry Duffy on the Big Risks He's Seeing Now
Odd Lots
How Volatility Plays Into the CME's Average Daily Volume
The last year, we've seen extraordinary high rate volatility in general. And maybe it's come down a little bit. But of course, I'm just curious, like, seems like volatility across any market is probably going to increase demand for many of the products that are traded on your exchange. You know, how much are you able to quantify how much this sort of like high rate vol regime has helped CME's business? If you were to go to some just sort of like normal, I don't know, 2017, some year that we all kind of forget for some reason, like what does that mean for a business like the CME?
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