BofA Securities analyst Craig Siegenthaler downgraded CME Group to Underperform, citing intensifying competition from BGC, Cboe, and ICE. Siegenthaler predicts CME will face market share losses and pricing pressure, with its pricing on interest rate futures expected to decline by over 10%. The analyst also expects CBOE’s index options volume to grow significantly, potentially replacing CME’s equity futures.
Results for: Futures Market
Crypto analyst CryptoCred dives deep into the price action of Bitcoin and Ethereum, emphasizing the significance of futures market data and overall market structure in making informed trading decisions. He outlines key levels to watch for both cryptocurrencies and highlights potential bullish and bearish scenarios.