Chicago Mercantile Exchange

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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 ?
Nasser Al Attiyah of Qatar, nine-time MERC champion and triple Cyprus Rally winner, was first off the ramp, followed by the other eight contenders for the MERC, and then the ERC drivers, led by championship leader Kajetan Kajetanowicz who, after clocking fastest time in Friday's Qualifying Stage chose to start Saturday's opening leg running fifth on the road.
Syrian Shaban was an integral member of the successful team behind the Syrian International Rally, which ran as a candidate event for the MERC for the first time in 2000 and joined the series the following year.
The S's engine kicks out 510bhp (the GT makes do with 462bhp) at 6,250rpm, which gives the Merc a 0-62mph time of 3.
July 9, 2014 /PRNewswire-iReach/ -- Erland has been selected to construct The MERC at Moody & Main, a new mixed-use development at the intersection of Moody Street and Main Street in downtown Waltham, Massachusetts for Northland Investment Corporation.
Arena first started navigating al-Marri in 2010, the year in which the two went on to win the MERC title in a Subaru Impreza N16.
until he was told that the Merc could only be won on the final day
The speed camera flashed and the Merc cut in front of the police car and left at Nad Al Sheba 2.
Thompson told the Merc, he was fascinated at the challenge of growing the company into something big.
Just before my cousins' arrival, I'd placed pounds 300 on the Merc at 7-2.
Tofiq said that the ranking of the MERC has risen from the ninth place to fourth which is an indication of the center's capabilities in nanotechnology.
Sixty-three drivers from 26 countries will compete over the championships' titles, in which 33 cars are competing for the WRC and 30 others the MERC.
It is going to be a great finish, very close and I am happy that such a fantastic contest is taking place in Dubai and at a time when the MERC is celebrating its 25th anniversary," Bin Sulayem, a 14-time Middle East Rally champion, said.