The company has appointed new Heads of BrokerTec, EBS and optimization businesses Derivatives marketplace CME Group just announced that it has made a number of senior management changes as part of the integration of the NEX Group businesses. CME completed the acquisition last November. New appointments effective this week include: John Edwards has been named…
Read more
Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for May 14, 2019. The text below is an excerpt and does not contain the full analysis. Always be aware of market dynamics. Especially in crypto, but in all financial markets, things can move really fast…
Read more
Derivatives marketplace CME Group (NASDAQ:CME) announced that more than 310,000 Micro E-mini futures contracts traded yesterday across all four indices - the S&P 500, Nasdaq-100, Russell 2000 and Dow Jones Industrial Average indexes. Total cumulative volume makes Micro E-minis the most successful new product launch in CME Group's history. We are pleased to see strong…
Read more
Derivatives marketplace CME Group (NASDAQ:CME) has today released its results for the third quarter of 2018 with a revenue of $904 million and operating income of $550 million. Net income was $412 million and diluted earnings per share were $1.21, up from $0.91 in third-quarter 2017. On an adjusted basis, net income was $495 million…
Read more
Japan’s Financial Services Agency (FSA) has announced that it has appointed Mr. Leo Melamed, Chairman Emeritus of the Chicago Mercantile Exchange (CME Group), as the FSA advisor. Mr. Melamed became the chairman of the CME in 1969, and has been Chairman Emeritus since 1997. He has contributed to the development of financial futures markets, including…
Read more
Derivatives marketplace CME Group (NASDAQ:CME) has announced that it has received clearance under the Hart-Scott-Rodino Act from the United States Department of Justice - Antitrust Division for its proposed acquisition of London listed NEX Group plc (LON:NXG). CME and NEX have announced earlier this year that CME will be buying NEX in a £3.9 billion (USD $5.4…
Read more
Derivatives marketplace CME Group has just released its trading volumes for the month of September and has reached average daily volume (ADV) of 17.5 million contracts per day during September 2018, up 3 percent from September 2017. Open interest at the end of September was 120 million contracts, up 6 percent from September 2017 and…
Read more
Derivatives marketplace CME Group and Nasdaq (Nasdaq: NDAQ) have announced a ten-year extension of CME Group's exclusive license to offer futures and options on futures based on the Nasdaq-100 and other Nasdaq indexes, through 2029. We are extremely pleased to extend our exclusive licensing agreement with Nasdaq, said CME Group Chairman and Chief Executive Officer…
Read more
Suppliers, refiners and end users of U.S. crude oil will have a new way to price and hedge WTI light sweet crude oil in Houston beginning in Q4 2018. Derivatives marketplace CME Group will offer a new WTI Houston Crude Oil futures contract with three physical delivery locations on the Enterprise Houston system, pending regulatory…
Read more
Derivatives marketplace CME Group has just announced that Henry Hub Natural Gas futures open interest reached a record 1,617,589 contracts on Friday, August 31, surpassing the previous record of 1,606,874 contracts set on August 17, 2018. Open interest represents the total number of outstanding positions held by all participants in a given market. Nine of…
Read more