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 ?
CME Group (NASDAQ:CME), a global diverse derivatives marketplace, has said that it has appointed Michel Everaert as head of Sales, Europe, and Tim Smith as head of Sales, Asia.
CME Group, the world's leading and most diverse derivatives marketplace, today announced it has expanded its international client development and sales efforts with two senior sales appointments in Europe and Asia.
CME Group Inc (NASDAQ:CME) changed the payment date for its annual variable dividend of USD3.
Derivatives marketplace CME Group has begun an initiative to improve access to its historical data by implementing TickVault to power CME DataMine, the company said.
CME Group, a derivatives marketplace, in partnership with its real estate advisor Holly Duran Real Estate Partner of Chicago, has retained Newmark Grubb Knight Frank (NGKF) to explore the sale of the NYMEX Building, the headquarters to the New York Mercantile Exchange (NYMEX).
14 September 2012 -- Chicago, USA-based derivatives marketplace CME Group (NASDAQ: CME) and Bank of China Ltd.
CME Group has appointed Gary Morsches as Managing Director of its energy business.
Technology solutions provider Kinetix Trading Solutions Inc announced on Thursday that it has signed an agreement to provide custom technology solutions and services for derivatives marketplace CME Group.
RTS's solution will enable access to CME Group markets to all participants connected to MexDer via their existing trading screens or application programming interfaces.
CME Group, the world's largest and most diverse derivatives exchange, has acquired the Carvill Hurricane Index from Carvill America Inc.
CHICAGO -- ED&F Man Capital Markets, the global financial brokerage business, is pleased to announce that it has today been approved as a full clearing member of the CME Group, operator of the Chicago Mercantile Exchange; under the approval, ED&F Man Capital Markets becomes a member of the CME, CBOT, NYMEX and COMEX.
CME Group (NASDAQ:CME) has said that it will participate in the 19th Credit Suisse Annual Financial Services Forum scheduled for Miami, Florida, today.