The days when the market used to shut and go to lunch for December have well and truly gone. Volumes on EBS came in at a daily average of $112 billion, down a modest 11.25% from a year earlier, which is not bad given the volatility of the last quarter of 2008.
More impressively, the CME’s success story appears to be gathering even more momentum. Average daily volume came in at $96 billion, which the exchange says is an 81% increase on 2008.
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