CME · 10-Q · 2026Q2 · Full report

FX / Currency Headwinds

CME GROUP INC. · 2026-07-24 · Importance 25 · Surprise 32

Foreign-exchange volumes declined in the second quarter and first six months of 2026 after volatility related to uncertainty over the United States’ tariff position subsided. The Middle East conflict temporarily increased Australian dollar activity because of uncertainty in commodity and energy markets, but overall FX volumes remained lower year over year. Currency exchange-rate fluctuations produced a $0.3 million net loss in the second quarter of 2026 and a $0.5 million net gain in the first six months, compared with losses of $3.6 million and $5.9 million in the comparable 2025 periods.

Key facts

• CME Group maintains a committed facility of up to $750.0 million for foreign currency conversions; no foreign currency trades outstanding under this facility at June 30, 2026. source
• Currency fluctuation decreased operating expenses by $3.3 million in the quarter ended June 30, 2026 and by $6.4 million in the six months ended June 30, 2026. source
• Overall foreign exchange volumes decreased in Q2 and first six months of 2026 versus 2025; geopolitical conflict led to higher Australian dollar contract volumes but overall FX volume was lower. source