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Why has the transaction volume of Chicago Mercantile Exchange decreased recently?
Xinhuanet Chicago 65438+10.5 (Reporter Tan Shusen) According to the latest statistics, the transaction volume of Chicago Mercantile Exchange (CME), the world's largest financial derivatives exchange, dropped sharply in the fourth quarter of last year.

The Chicago Mercantile Exchange Group announced on the 5th that the average daily turnover in the fourth quarter of last year was 654.38+004 million lots, down 654.38+04% compared with the same period in 2007. Among them, the average daily turnover in June 5438+February was 8.2 million lots, a year-on-year decrease of 22%.

Nevertheless, in 2008, the total transaction volume of Chicago Mercantile Exchange Group still reached 3.3 billion contracts, setting a new record for the eighth consecutive year. In 2008, the average daily turnover was130,000 lots, which also increased by 4% over the previous year. Among them, the average daily electronic transaction volume was 6.5438+0.03 million lots, an increase of 654.38+0.2% over the previous year, accounting for 79% of the total transaction volume.

The Chicago Mercantile Exchange Group owns the Chicago Board of Trade and the the New York Mercantile Exchange. Its trading products include financial futures such as interest rate futures, foreign exchange futures and stock index futures, agricultural products futures such as wheat futures, corn futures and soybean futures, energy futures such as crude oil futures and metal futures such as gold futures.