Trading Volume Is Falling — And These Exchange Stocks Are Getting Hit 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 ). The Numbers: Siegenthaler said exchanges enjoyed a near-perfect storm in the first quarter of 2022 thanks in part to the stock market correction, Russia-Ukraine conflict and rapidly rising interest rate expectations, all of which drove trading volume higher. In the second quarter, trading volumes declined to a more historically normalized level. Related Link: SEC Chair Gensler Proposes ''Open And Transparent Auctions'' As Alternative To … Full story available on Benzinga.com