Uncertainty over US trade policy
, growing geopolitical tension and lingering questions over US President Donald Trump's campaign ties with Russian operatives have led to an explosion in market volatility in early 2018.
Few are better positioned to gain from the mounting instability than exchanges like the CME, which is seeing record open-interest and volumes.
"Volatility in general brings a lot more uncertainty and drives more market participants to [exchanges]," CME global head of metals products Young-Jin Chang told American Metal Market in an interview last week. "Last year for us it was a noticeably low volatility environment and we still had a...