Chicago Mercantile Exchange

(redirected from CME Group)
Also found in: Wikipedia.

Chicago Mercantile Exchange (CME)

Chicago Mercantile Exchange (CME) is the largest futures exchange in the United States and the second largest exchange in the world for the trading of futures and options on futures. Founded in 1898 as a not-for-profit corporation, in November 2000 CME became the first U.S. financial exchange to demutualize and become a shareholder-owned corporation. Its futures and options on futures trade on CME's trading floors, on its GLOBEX electronic trading platform and through privately negotiated transactions. CME has four major product areas based on interest rates (including Eurodollar futures, the world's most actively traded futures contract), stock indexes (such as the (S&P 500 and Nasdaq-100 futures), foreign exchange and commodities.

Chicago Mercantile Exchange

The largest options and futures exchange in the world. Founded as a non-profit at the end of the nineteenth century, it demutualized in 2000 and went public in 2002. Approximately 70% of its business takes place electronically on CME Globex, the oldest electronic futures exchange in the world with well over one billion transactions since its introduction in 1992. In October 2008, in light of the credit crunch, the CME allied with the Citadel Investment Group LLC to create a transparent electronic trading platform for default credit swaps.

Chicago Mercantile Exchange (CME)

A leading exchange for trading futures and options on futures in four major areas: interest rates, stock indexes, foreign currency exchange, and commodities. The CME was established in 1919 as a marketplace for agricultural futures contracts, and in 2000 became the first U.S. financial exchange to demutualize and become a shareholder-owned corporation. The exchange also operates GLOBEX, an electronic trading system for after-hour orders. Also called Merc.
References in periodicals archive ?
9, 2015 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced it reached a trading volume record for combined NYMEX WTI futures and options yesterday, December 8, of 1,841,295 contracts compared to the previous record of 1,772,232 contracts on August 31, 2015.
ZE), developer of the enterprise data management software the ZEMA Suite, announced today it is providing CME Group, the world s leading and most diverse derivatives marketplace, with an automation tool that will enhance the efficiency of deriving settlement pricing for key natural gas basis and power futures, offered via CME ClearPort.
the leading provider of on-demand global financial market data and on-demand data distribution technologies, today announced that CME Group (NASDAQ: CME), the world's leading and most diverse derivatives marketplace and the parent company of CME, CBOT and NYMEX, has selected the XigniteOnDemand platform to support new on-demand over-the-counter (OTC) market data products and services.
4, 2015 /PRNewswire/ -- CME Group announced today that John Pietrowicz, Chief Financial Officer, and Sean Tully, Senior Managing Director, Financial and OTC Products, will present at the Goldman Sachs U.
CME Group foreign exchange volume averaged 713,000 contracts per day, down 23 percent from the same period a year ago.
12, 2015 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that it has extended its employment agreement with Executive Chairman and President Terry Duffy through December 31, 2020.
CME Group foreign exchange volume averaged 735,000 contracts per day, down 25 percent from the same period a year ago.
CME Group will provide FinTech Sandbox startups with free access to historical futures and options data to promote technological innovation that will benefit the industry.
27, 2015 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that it has appointed Joanne Shannon as Executive Director and Head of Commercial Development for CME Europe, its London-based derivatives exchange.
Extending Basis Trade at Index Close (BTIC) functionality for three CME Group equity index products
28, 2015 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that the company was named 'Global Exchange of the Year' and 'Global Clearing House of the Year' by GlobalCapital in their Global Derivatives Awards 2015.
25, 2015 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, and China Foreign Exchange Trade System(CFETS), the major trading platform and pricing center for RMB and related products, announced today they have signed an agreement on cooperation to explore opportunities and promote each other's market infrastructure and products.