The Merc and ICE launched rival euro cocoa contracts on March 30 this year
Trading volumes in CME
Group’s euro-denominated cocoa contract have
outperformed the Intercontinental Exchange’s rival
offering during the first six months of trading in the
exchange’s battle for supremacy in the new
The Merc has seen volumes seventeen times
higher than the ICE contract, continuing the early lead it took
on day one.
CME took an early lead in the battle,
reporting strongly rising volumes initially, as ICE lagged, with the Merc handling some 240 contracts on
day one, while ICE handled none.
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