2 February 2010, (Business Insider)
Anyone who thinks that the business of derivatives ended with the financial crisis had better check out the recent trading volumes released by the
derivatives exchange company CME Group.
Just this January, total
derivatives trading volume shot up 19% year over year, with
particularly feverish activity in interest rate derivatives (for fixed
income, Up 33%), foreign exchange derivatives (Up 78%), and metals
derivatives (Up 65%).
Traders are loving derivatives like never before:
Also, keep in mind that CME Group just began clearing infamous credit default
swaps (CDS), which comprise an enormous market for further trading
growth. The sky's the limit, until it comes crashing down again.
See the CME Group release here >
http://cmegroup.mediaroom.com/index.php?s=43&item=2979Traders Churning Derivatives Like Never Before As Volume Soars 20% 2 February 2010, (Business Insider)
http://tinyurl.com/ybzqw5k
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