CME rose 2.2% in the first sharp move today as ICE, Nasdaq and Cboe also advanced intraday while the Nasdaq fell and the VIX jumped. The move tracked a sector bid for exchange operators, where higher market volatility can support trading and clearing activity. CME's October 21 record third-quarter revenue report remained supportive background for the shares. source
CME rose 2.2% in the first sharp move today as ICE, Nasdaq and Cboe also advanced intraday while the Nasdaq fell and the VIX jumped. The move tracked a sector bid for exchange operators, where higher market volatility can support trading and clearing activity. CME's October 21 record third-quarter revenue report remained supportive background for the shares. source