CME Group reports April volume up 6% to 12.2M contracts per day Total volume for April was more than 256M contracts, of which 87% was traded electronically. CME Group interest rate volume averaged 6M contracts per day in April, up 40% from April 2013. Eurodollar futures volume averaged 2.2M contracts per day, up 60% from the same period a year ago.
CME Group price target raised to $104 from $97 at Jefferies Jefferies raised its price target for CME Group to $104 after spending time with management and keeps a Buy rating on the name. The firm believes the strong volumes seen year-to-date will persist.