Further, its current price of $209 per share is trading 14% below its fair value of $243 – Trefis’ estimate for CME Group’s valuation. The firm recently released its second-quarter market statistics, with total average daily volume (ADV) increasing by 25% y-o-y. The higher volume in the first half of 2022 was due to the recent volatility in the market driven by record-high inflation figures, aggressive interest rate hikes by the central banks across the world, and geopolitical tensions.