By: Steve Smith
In gambling, it’s known that the house has the best odds. The Chicago Mercantile Exchange (CME) acts as the largest casino for trading in bonds, currencies and stock index futures. This is the products in which the ‘whales’ of global finance move billions of dollars each day as they adjust their portfolios. And the CME takes a fee with every transaction.
Earlier this week, the CME released trading volume numbers for August and they were the second-highest monthly on record despite August being a traditionally slow month.
The numbers were up across the board led by… Continue reading at StockNews.com