CME Group reports contracts volume in February up 2% YoY CME Group announced that February 2014 volume averaged 14.0 million contracts per day, up 2% compared with February 2013 – and up 8% from January 2014. Total volume for February 2014 was more than 266M contracts, of which 86% was traded electronically. Year-to-date 2014 average daily volume of 13.4M contracts was up 7% compared with the same time period last year.
CME Group price target raised to $97 from $89 at UBS UBS raised its price target on CME Group to $97 from $89 reflecting the potential upside to volume and earnings based on a historical relationship between U.S. debt levels, CME's open interest, and turnover velocity. UBS reiterates its Buy rating on CME Group shares.