CME Ranks 228th in Daily Trading Volume on $580M Recovery Surge

On October 10, 2025, the Chicago Mercantile Exchange (CME) closed with a 0.97% increase, marking a modest recovery in trading activity. The exchange reported a trading volume of $0.58 billion, ranking 228th among stocks traded on the same day. This performance reflects renewed interest in derivatives markets amid shifting macroeconomic expectations.

Analysts noted that CME's recent performance aligns with broader trends in financial infrastructure stocks, driven by anticipation of regulatory updates and potential reforms in derivatives trading protocols. Market participants are closely monitoring developments in clearinghouse capacity expansions and cross-border compliance frameworks, which could influence CME's competitive positioning in the coming quarters.

Technical indicators suggest short-term momentum for the asset, with volume levels showing consistent expansion over the past three sessions. The 20-day moving average crossover pattern has triggered renewed institutional buying interest, though traders remain cautious about overextending positions ahead of the November U.S. midterm elections.

To set up a rigorous back-test I need to pin down a few implementation details that aren’t specified yet: 1. Universe • Should the ranking pool be “all U.S. common stocks” (NYSE + NASDAQ + AMEX) or a narrower list (e.g., Russell 3000 constituents)? • Do we need to exclude penny stocks / ADRs / ETFs? 2. Volume definition • Rank by dollar volume (price × shares traded) or by share volume? 3. Trade mechanics • Buy at today’s close and exit at tomorrow’s close (one-day holding period), equal-weighting each position? • Any constraints on slippage or transaction costs to include? 4. Back-test window • Start date: 2022-01-03 (first trading day of 2022) — OK? • End date: today’s date (2025-10-10) — OK? Once I have those details I can retrieve the daily ranks, generate the trade signals, and run the back-test.