CME Slips to 128th in Daily Rankings as Trading Volume Drops 39%

Market BriefTuesday, May 13, 2025 8:01 pm ET
1min read

On May 13, 2025, the Chicago Mercantile Exchange (CME) recorded a trading volume of $811 million, marking a 39% decrease from the previous day. This decline placed CME at the 128th position in the daily stock market rankings. The stock price of CME fell by 0.79%, marking the second consecutive day of decline, with a total decrease of 5.63% over the past two days.

CME Group has announced that XRP futures will be launched on their platform on May 19, 2025. This move is significant as it provides institutional investors with a new avenue to engage with the cryptocurrency market. The launch of XRP futures is expected to attract more institutional players, further boosting the adoption of XRP.

This development is part of CME Group's broader strategy to expand its offerings in the cryptocurrency space. The launch of XRP futures follows the successful introduction of other cryptocurrency derivatives, such as Bitcoin and Ethereum futures, which have gained significant traction among institutional investors.

The upcoming launch of XRP futures is anticipated to have a positive impact on the stock price of CME. Institutional interest in cryptocurrencies has been growing, and the addition of XRP futures to CME's platform is likely to attract more traders and investors, potentially driving up the demand for CME's services.

Comments



Add a public comment...
No comments

No comments yet

Disclaimer: The news articles available on this platform are generated in whole or in part by artificial intelligence and may not have been reviewed or fact checked by human editors. While we make reasonable efforts to ensure the quality and accuracy of the content, we make no representations or warranties, express or implied, as to the truthfulness, reliability, completeness, or timeliness of any information provided. It is your sole responsibility to independently verify any facts, statements, or claims prior to acting upon them. Ainvest Fintech Inc expressly disclaims all liability for any loss, damage, or harm arising from the use of or reliance on AI-generated content, including but not limited to direct, indirect, incidental, or consequential damages.