The companies, products and regulatory developments shaping the broker industry.
CME’s October release reports micro equity-index contracts at 50% of category volume and a separate $313.9bn rolling average of customer collateral. Contract counts, economic exposure and collateral are different measures.
Official October 2026 reports put Cboe Global FX average daily notional at $60.388 billion and CME's EBS spot FX at $62.3 billion. The apparent closeness and similarly reported annual growth conceal different trading books, reference periods and methods. The comparison creates a reproducible benchmark, not a ranking of execution quality or global market share.
Reconstructing the first half shows that Q3 generated a larger share of the fee increase than of the contract-volume increase. A lower average fee rate still offset part of the volume benefit.
Combined lean-hog futures and options volume reached 209,363 contracts on 9 November, exceeding the previous daily peak by 4,415 contracts amid difficult livestock pricing.
CME, Cboe, Nasdaq and ICE all reported strong growth in information-oriented businesses. A line-by-line reconstruction shows why adding their headline categories mixes feeds, connectivity, indices, workflow software and execution services.
The exchange operator’s largest asset had an equal liability; the footnotes separate restricted clearing resources, retained interest, default capital and corporate capacity.
CME’s Q3 collateral-earnings line equalled 80% of company revenue, yet a matched $1.269bn distribution expense left an analytical residual of $122.7m. The underlying $139.1bn Federal Reserve balance was clearing collateral, not corporate cash.
The dated listing notice gives a December timetable, while customer testing for the contract and its MTU reporting value starts on 8 November.
CME reports October records in derivatives, with Treasury futures and options ADV up 48%, BrokerTec average daily notional up 18%, and EBS spot FX notional up 9%.
A 26 October trading record underscores demand for offshore BRL hedging outside Brazilian trading hours, with notional value explicitly separated from exchange income.
The exchange confirms withdrawal of its proposed 24/7 small-size oil futures listing; the decision does not close existing crude markets or ban all weekend instruments.
CME confirms its sports-performance-index contracts began trading in October. Standard and Micro futures settle financially to published statistical indexes; wider MLB coverage is scheduled for 2 November pending regulatory review.
Four futures and options families reference European dairy prices; liquid milk uses a 25,000kg contract rather than the five-tonne powder and butter format.
The proposed COMEX contract uses 88.5 metric tonne units of WO3 and a Fastmarkets APT reference. Launch remains subject to regulatory reviews, while CME’s release and FAQ use different duty-basis wording.
CME reported a record third quarter, with 29.4 million contracts in average daily volume and $243 million of market-data revenue.