CME · 10-Q · 2026Q2 · Full report

Cash Markets Demand

CME GROUP INC. · 2026-07-24 · Importance 37 · Surprise 32

Cash-markets transaction fees were $73.9 million in the second quarter and $150.5 million in the first six months of 2026, compared with $74.6 million and $145.6 million in the prior-year periods. BrokerTec fixed-income transaction fees increased to $40.1 million in the quarter and $80.3 million year to date, while EBS foreign-exchange transaction fees declined 10% in the quarter and 3% year to date. Average daily U.S. Repo notional value increased 9% to $397.3 billion and European Repo increased 17% to €364.0 billion in the quarter, while U.S. Treasury activity declined 20% and spot FX declined 9%.

Key facts

• Total clearing and transaction fees revenues attributable to the cash markets business in Q2 2026: $73.9 million and in the first six months of 2026: $150.5 million (compared with $74.6 million and $145.6 million in the same periods of 2025). source
• BrokerTec fixed income transaction fees for the quarter ended June 30, 2026: $40.1 million and for the six months ended June 30, 2026: $80.3 million. source
• EBS foreign exchange transaction fees for the quarter ended June 30, 2026: $33.8 million and for the six months ended June 30, 2026: $70.2 million. source
• Overall average daily notional U.S. Repo for the quarter ended June 30, 2026: $397.3 billion and for the six months ended June 30, 2026: $395.2 billion. source
• Overall average daily notional European Repo for the quarter ended June 30, 2026: 364.0 billion euros and for the six months ended June 30, 2026: 366.1 billion euros. source
• Overall average daily notional U.S. Treasury for the quarter ended June 30, 2026: $91.4 billion and for the six months ended June 30, 2026: $99.6 billion (decreases versus 2025). source
• Overall average daily notional Spot FX for the quarter ended June 30, 2026: $67.2 billion and for the six months ended June 30, 2026: $71.9 billion (decreases versus 2025). source