
As financial markets have weakened in 2022, trading volumes have fallen across all asset classes, according to a new report by Bank of America analyst Craig Siegenthaler.
Siegenthaler said Friday that these declining volumes are weighing on exchange stocks, such as CME Group Inc (NYSE:CME), Intercontinental Exchange Inc (NYSE:ICE), Nasdaq Inc (NASDAQ:NDAQ), Cboe Global Markets Inc (BATS:CBOE) and Tradeweb Markets Inc (NASDAQ:TW).