Which commodities are traded in CME?
What Can You Trade With CME Group?
- Agricultural. CME offers both financially and physically settled agriculture products.
- Energy. CME offers both financially and physically settled energy products. ...
- Equity Indices. CME Group offers futures and options on futures for US, international and select sector indices. ...
- Foreign Exchange. ...
- Interest Rates. ...
- Metals. ...
- OTC. ...
- Real Estate. ...
- Weather. ...
- Cryptocurrency. ...
Is CME Group stock fairly priced?
“Investors have been counting on a diplomatic resolution, but recent developments indicate this may be wishful thinking and therefore, not fully priced into the markets ... point increases in the year. CME Group's FedWatch tool showed investors ...
How to buy CME Group shares?
CME Group CME has been gaining momentum from its ... phenomenon and 4 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2022.
Is CME Group the dividend stock for You?
CME is the better dividend stock in 2021. Brent Nyitray, CFA has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends CME Group.
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What does CME stand for in trading?
The Chicago Mercantile ExchangeKey Takeaways. The Chicago Mercantile Exchange, or Merc, is an organized exchange for trading futures and options. CME was originally called the Chicago Butter and Egg Board and was used for trading agricultural products, such as wheat and corn.
What are the 4 CME exchanges?
CME Group is the world's leading derivatives marketplace, made up of four exchanges, CME, CBOT, NYMEX and COMEX. Each exchange offers a wide range of global benchmarks across all major asset classes.
How does the CME Work?
The CME is an electronic order-driven market (basically an auction market). In such a system, trading rules are set in such a way where buyers enter orders seeking the lowest price, while sellers enter orders seeking the highest price.
Who runs the CME?
Terrence A. DuffyChicago Mercantile ExchangeTypeSubsidiaryKey peopleTerrence A. Duffy, Chairman and CEO Bryan Durkin, PresidentProductsFutures and optionsRevenue$3.3 billion USD (CME Group 2015 GAAP)OwnerCME Group4 more rows
What is CME Bitcoin?
CME's Bitcoin futures contract, ticker symbol BTC, is a USD cash-settled contract based on the CME CF Bitcoin Reference Rate (BRR), which serves as a once-a-day reference rate of the U.S. dollar price of bitcoin.
How does the CME make money?
Clearing and Transaction fees: It comprises of electronic trading fees, private transaction surcharge, and other volume-related charges. Market Data: It comprises of data distribution revenues from subscribers.
How do I invest in the CME Group?
How to buy shares in CME GroupCompare share trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. Complete an application with your details.Confirm your payment details. ... Research the stock. ... Purchase now or later. ... Check in on your investment.
How much money do I need to trade futures?
Based on the 1% rule, the minimum account balance should, therefore, be at least $5,000 and preferably more. If risking a larger amount on each trade, or taking more than one contract, then the account size must be larger to accommodate. To trade two contracts with this strategy, the recommended balance is $10,000.
When should you buy futures?
This usually happens on the date of the contract's expiry. However, many traders also choose to settle before the expiry of the contract. In this case, the futures contract (purchase or sale) is settled at the closing price of the underlying asset as on the expiry date of the contract.
Is NYSE part of CME?
(Chicago Mercantile Exchange, Chicago Board of Trade, New York Mercantile Exchange, The Commodity Exchange) is an American global markets company....CME Group.TypePublicTraded asNasdaq: CME (Class A) S&P 500 ComponentIndustryFinancial ServicesFounded1848 (oldest exchange Chicago Board of Trade)12 more rows
Is CME Group a broker?
We are a registered Futures Commission Merchant providing comprehensive services to retail, commercial and institutional clients. Our work is supported through a network of Introducing Brokers, non-clearing FCMs, branch offices, subsidiaries and sister companies across the United States and around the globe.
What are futures in trading?
Futures are a type of derivative contract agreement to buy or sell a specific commodity asset or security at a set future date for a set price. Futures contracts, or simply "futures," are traded on futures exchanges like the CME Group and require a brokerage account that's approved to trade futures.
Should I buy or sell CME Group stock right now?
16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CME Group in the last year. There are currently 1 sell rating, 8...
What is CME Group's stock price forecast for 2022?
16 Wall Street analysts have issued 12 month price objectives for CME Group's shares. Their forecasts range from $201.00 to $280.00. On average, th...
How has CME Group's stock price performed in 2022?
CME Group's stock was trading at $228.46 at the beginning of 2022. Since then, CME stock has decreased by 13.2% and is now trading at $198.31. Vie...
When is CME Group's next earnings date?
CME Group is scheduled to release its next quarterly earnings announcement on Wednesday, July 27th 2022. View our earnings forecast for CME Group .
How were CME Group's earnings last quarter?
CME Group Inc. (NASDAQ:CME) posted its earnings results on Wednesday, April, 27th. The financial services provider reported $2.11 earnings per shar...
How often does CME Group pay dividends? What is the dividend yield for CME Group?
CME Group declared a quarterly dividend on Wednesday, May 4th. Stockholders of record on Friday, June 10th will be given a dividend of $1.00 per sh...
Is CME Group a good dividend stock?
CME Group(NASDAQ:CME) pays an annual dividend of $4.00 per share and currently has a dividend yield of 2.00%. CME Group has been increasing its div...
Who are CME Group's key executives?
CME Group's management team includes the following people: Mr. Terrence A. Duffy , Chairman & CEO (Age 64, Pay $11.33M) Mr. John William Pietrow...
What is Terry Duffy's approval rating as CME Group's CEO?
144 employees have rated CME Group CEO Terry Duffy on Glassdoor.com . Terry Duffy has an approval rating of 83% among CME Group's employees.
What is the CME?
CME Group operates the world’s second largest futures and options exchange, the largest in the US, where traders speculate on the rise and fall of the price of commodities and other financial products to manage risks. It owns exchanges in Chicago and New York, as well as the Dow Jones indices.
Where have you heard about the CME?
The CME has been described by The Economist as the 'biggest financial exchange you’ve never heard of'.
What you need to know about the CME
Futures contracts traded on the CME exchanges include interest rates, currencies, equities, stock indices, rare and precious metals, agricultural and environmental commodities, and alternative futures such as weather and real estate.
Find out more about the CME
Read our definitions of the Chicago Mercantile Exchange and Chicago Board of Trade to learn more about CME Group.
What is CME in finance?
Today, CME is the largest options and futures contracts open interest (number of contracts outstanding) exchange of any futures exchange in the world. The Merc trades several types of financial instruments: interest rates, equities, currencies, and commodities .
Where is the CME located?
For the San Jose newspaper, see The Mercury News. The Chicago Mercantile Exchange ( CME) (often called " the Chicago Merc ", or " the Merc ") is a global derivatives marketplace based in Chicago and located at 20 S. Wacker Drive. The CME was founded in 1898 as the Chicago Butter and Egg Board, an agricultural commodities exchange.
What is CME Globex trading?
Trading is conducted in two methods; an open outcry format and the CME Globex Trading System which is an electronic trading platform. More than 90 percent of total volume at the exchange occurs electronically on CME Globex.
When did CME buy NYMEX?
On January 13, 2008, electronic trading at the Chicago Board of Trade shifted onto CME Globex. On March 17, 2008, the New York Mercantile Exchange (NYMEX) accepted an offer from CME Group, the parent of the Chicago Mercantile Exchange, to purchase NYMEX for $8.9 billion in cash and CME Group Stock. The acquisition was formally completed on August ...
When did Chicago Mercantile Exchange buy the Chicago Board of Trade?
Mergers and acquisitions. On October 17, 2006, the Chicago Mercantile Exchange announced the purchase of the Chicago Board of Trade for $8 billion in stock, rejoining the two financial institutions as CME Group Inc. CBOT formerly used outsourced technology platforms but has moved over to CME's Globex trading system.
Where is the Chicago Mercantile Exchange located?
The Chicago Mercantile Exchange ( CME) (often called " the Chicago Merc ", or " the Merc ") is a global derivatives marketplace based in Chicago and located at 20 S. Wacker Drive. The CME was founded in 1898 as the Chicago Butter and Egg Board, an agricultural commodities exchange.
When was the CME scandal investigated?
In 1984 , the CME was investigated by the U.S. Government Accountability Office. During this investigation, it was realized that the open-outcry system could be abused. The GAO noted that the exchange made attempts to cut down on malpractice, but that it is likely that illegal activity still occurs.
What is CME Group?
CME Group Inc. (Chicago Mercantile Exchange, Chicago Board of Trade, New York Mercantile Exchange, The Commodity Exchange) is an American global markets company. It is the world's largest financial derivatives exchange, and trades in asset classes that include agricultural products, currencies, energy, interest rates, metals, and stock indices. The company offers futures contracts and options on futures using its CME Globex trading platforms, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates a central counterparty clearing provider, CME Clearing. With a range of pre- and post-trade products and services underpinning the entire lifecycle of a trade, CME Group also offers optimization and reconciliation services through TriOptima, and trade processing services through Traiana.
When did CME merge with Chicago?
On October 17, 2006, The Chicago Mercantile Exchange announced a merger with its historic rival the Chicago Board of Trade for $8 billion in stock, joining the two financial institutions as CME Group Inc. The merger agreement was modified on December 20, 2006, May 11, 2007, June 14, 2007 and on July 6, 2007.
How many days a week does CME Globex work?
On October 19, 2004, the one billionth (1,000,000,000) transaction was recorded. Today, CME Globex operates 24 hours a day, six days a week. More than 90 percent of total volume at the exchange occurs electronically on CME Globex.
What awards did CME win?
CME Group won in four categories at the FOW International Awards including Global Exchange of the Year, Americas Exchange of the Year, Best New Interest Rates Contract and Proprietary Traders' Exchange of the Year. In 2019, CME Group was named to the Forbes list of America's Best Mid-Size Employers. CME Group was also named to Computerworld's 2019 ...
How many contracts does CME have in 2019?
In 2019, CME Group's non-U.S. average daily volume reached a record 4.9 million contracts, up 10% compared with 2018, including 7% growth in Europe, 20% growth in Asia and 47% growth in Latin America.
When did CME buy the Dow Jones?
On February 10, 2010, CME announced its purchase of 90% of Dow Jones Indexes, including the Dow Jones Industrial Average. CME subsequently contributed Dow Jones Indexes to the formation of S&P Dow Jones Indices in exchange for a 24.4% ownership interest.
When did CME Globex buy NYMEX?
On January 13, 2008 electronic trading at the Chicago Board of Trade shifted to CME Globex. On March 17, 2008, New York Mercantile Exchange (NYMEX) (owner of both the NYMEX exchange and the Commodity Exchange (COMEX)) accepted an offer from CME Group, to purchase NYMEX for $8.9 billion in cash and CME Group Stock.
How much does CME make?
CME Group has a market capitalization of $76.09 billion and generates $4.88 billion in revenue each year. The financial services provider earns $2.11 billion in net income (profit) each year or $6.72 on an earnings per share basis.
What is the dividend payout ratio of CME?
CME Group does not yet have a strong track record of dividend growth. The dividend payout ratio of CME Group is 53.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CME Group will have a dividend payout ratio of 49.79% next year.
What does "hold" mean in CME?
A hold rating indicates that analysts believe investors should maintain any existing positions they have in CME, but not buy additional shares or sell existing shares. View analyst ratings for CME Group or view top-rated stocks.
Is CME Group a hold?
Wall Street analysts have given CME Group a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but CME Group wasn't one of them. MarketBeat thinks these five companies may be even better ...
Nasdaq Global Select
A global futures exchange in the United States for the trading of futures contracts and options on futures contracts, often called derivatives.
Environmental, Social, and Governance Rating
"B" score indicates good relative ESG performance and an above-average degree of transparency in reporting material ESG data publicly and privately. Scores range from AAA to D.
Business Summary
A global futures exchange in the United States for the trading of futures contracts and options on futures contracts, often called derivatives.
CME Group Announces Senior Leadership Changes
CME Group, the world's leading derivatives marketplace, today announced changes to its management team structure to position the company for long-term success.
CME Group Launches First Price Comparison Tool for Listed and Cash U.S. Treasuries: UST Market Profile
CME Group, the world's leading derivatives marketplace, today announced it has launched UST Market Profile, the industry's first tool to bring together listed Treasury futures and BrokerTec cash treasuries in one comprehensive view for global bond traders to trade more efficiently between these two highly complementary liquidity pools.
BrokerTec Relative Value Curve Spread Trading Sets Single-Day and Weekly ADV Record
BrokerTec, a leading provider of electronic trading platforms and technology services in fixed income markets, today announced that Relative Value (RV) Curve spread trading achieved a single-day, volume record of $2.83 billion notional on February 10, and a weekly average daily notional volume (ADNV) record of $1.47 billion achieved during the week of February 7, 2022..
Turn data points into turning points
From key pricing on our global benchmark futures and options products, to exciting insights driven by non-traditional data sources, to fast, flexible, secure access, find everything you need to harness the power and potential of data.
Diverse datasets for every major asset class
Gain deeper insights into your market analysis and trading decisions, using our robust portfolio of datasets. CME Group Market Data is a leading source for cash, futures and options data across interest rates, equities, agriculture, energy, metals and foreign exchange.
Straightforward licensing for the way you use our data
Find the license best suited for the way you use our data. Whether you use data to power trading strategies, better serve clients, create new products or stay informed, we can create a license that fits your needs.
Quick access and flexible formats
Access CME Group data in the way that best meets your business and trading needs. Choose from more than 300 distribution partners around the globe, or connect to our proprietary market data platform or our industry leading cloud distribution capabilities.
Find reliable pricing references to guide your decisions
As the world’s leading and most diverse derivatives marketplace, we have a wide range of benchmarks using data from our highly liquid and regulated markets. With benchmarks and indices from CME Group Benchmark Administration, you can make informed business decisions with confidence.
Johannesburg Stock Exchange
Learn how Johannesburg Stock Exchange is using CME DataMine to distribute historical data.
Get started today
Create a CMEGroup.com account and unlock access to premium content, pro tools and apps. Manage market alerts, build a portfolio of the products you want to watch and subscribe to reports to stay informed about market-moving events.
What is CME trading?
The CME was originally known as the Chicago Butter and Egg Board, launching its first futures contracts in the early 1960s with frozen pork bellies. Today, the CME offers trading in forex futures, currencies, stock indexes, interest rate futures, and agricultural products.
Which is bigger, CBOT or CME?
The CME is larger than the CBOT. It is the largest futures and options exchange in the United States and the second-largest in the world. Worldwide, the National Stock Exchange of India in Mumbai is larger than the CME in terms of trading volume. 5 .
When did CBOT merge with CME?
The two focused on different investments and operated under different formats until they merged in 2006, becoming CME Group. The CBOT was traditionally an agricultural futures market, before adding financial futures in the 1970s. Today, the CBOT also offers trading in precious metals, government debt, and energy stocks.
When was the Chicago Mercantile Exchange founded?
The Chicago Mercantile Exchange was founded in 1898 as the "Chicago Butter and Egg Board" before changing its name in 1919. It is the second-largest futures and options exchange in the world and the largest in the United States. 5 6 The exchange is perhaps most notable for being the first financial exchange to "demutualize" and become a publicly traded, shareholder-owned corporation in the year 2000.
What Is The CME?
Where Have You Heard About The CME?
- The CME has been described by The Economistas the 'biggest financial exchange you’ve never heard of'. It’s actually one of the most profitable companies in the world and has several buildings in Chicago, so you may well have seen them if you’ve ever been to the Windy City.
What You Need to Know About The CME.
- Futures contracts traded on the CME exchanges include interest rates, currencies, equities, stock indices, rare and precious metals, agricultural and environmental commodities, and alternative futures such as weather and real estate. Buyers and sellers can strike deals via the CME Globex electronic trading platform, which was introduced to complement the traditional open outcry sys…
Find Out More About The CME.
- Read our definitions of the Chicago Mercantile Exchange and Chicago Board of Trade to learn more about CME Group.
Overview
The Chicago Mercantile Exchange (CME) (often called "the Chicago Merc", or "the Merc") is a global derivatives marketplace based in Chicago and located at 20 S. Wacker Drive. The CME was founded in 1898 as the Chicago Butter and Egg Board, an agricultural commodities exchange. Originally, the exchange was a non-profit organization. The Merc demutualized in November 2000, went public i…
Mergers and acquisitions
On October 17, 2006, the Chicago Mercantile Exchange announced the purchase of the Chicago Board of Trade for $8 billion in stock, rejoining the two financial institutions as CME Group Inc. CBOT formerly used outsourced technology platforms but has moved over to CME's Globex trading system. This will provide much of the merger's anticipated savings. The merger will also strengthen the combined group's position in the global derivatives market. The merger agreemen…
Trading platforms
Trading is conducted in two methods; an open outcry format and the CME Globex Trading System which is an electronic trading platform. More than 90 percent of total volume at the exchange occurs electronically on CME Globex.
Operating during regular trading hours (RTH), the open outcry method consists of floor traders standing in a trading pit to call out orders, prices, and quantities o…
Investigation
In 1984, the CME was investigated by the U.S. Government Accountability Office. During this investigation, it was realized that the open-outcry system could be abused. The GAO noted that the exchange made attempts to cut down on malpractice, but that it is likely that illegal activity still occurs.
Products
Agricultural Commodity Contracts include: Grains, Soybeans, Oilseeds, Live Cattle, Lean Hogs, Feeder Cattle, Class IV Milk, Class III Milk, Nonfat Dry Milk Powder, Dry Whey, Cheese, Butter, and Random Length Lumber.
Since December 2017 bitcoin futures are traded. Ether futures are traded since February 2021.
WTI Crude, Henry Hub Natural Gas, Brent Crude, and RBOB Gasoline.
See also
• Commodity Exchange Act
• Demutualization
• List of futures exchanges
• List of traded commodities
Further reading
• Lynn, Cari (2004). Leg the Spread: Adventures Inside the Trillion-Dollar Boys' Club of Commodities Trading. Random House/Broadway Books.
• Olson, Erika (2010). Zero-Sum Game: The Rise of the World's Largest Derivatives Exchange. Wiley.
• Rodengen, Jeffrey (2008). Past, Present & Futures: Chicago Mercantile Exchange. Write Stuff Syndicate.
External links
• CME Group Inc. website
Overview
CME Group Inc. (Chicago Mercantile Exchange, Chicago Board of Trade, New York Mercantile Exchange, The Commodity Exchange) is an American global markets company. It is the world's largest financial derivatives exchange, and trades in asset classes that include agricultural products, currencies, energy, interest rates, metals, stock indexes and cryptocurrencies futures. The compa…
Trading platforms
Trading is conducted in two methods: an open outcry format and the CME Globex Trading System which is an electronic trading platform.
Open outcry
Operating during regular trading hours (RTH), the open outcry method consists of floor traders standing in a trading pit to call out orders, prices, and quantities of a particular commodity or its derivatives. Different colored jackets are worn by the traders to indicate what firm they are a part of. In addition, complex hand signals (called Arb) are used. These hand signals were first used in the 1970s. …
Electronic trading
Operating virtually around the clock, today the CME Globex trading system is at the heart of CME Group. Proposed in 1987, it was introduced in 1992 as the first global electronic trading platform for futures contracts. This fully electronic trading system allows market participants to trade from booths at the exchange or while sitting in a home or office thousands of miles away. On October 19, 2004, the one billionth (1,000,000,000) transaction was recorded. Today, CME Globex operat…
Global footprint
In 2019, CME Group's non-U.S. average daily volume reached a record 4.9 million contracts, up 10% compared with 2018, including 7% growth in Europe, 20% growth in Asia and 47% growth in Latin America. In addition to maintaining offices across the Americas, Europe and Asia, the company also partners with other global exchanges including Bursa Malaysia Berhad, The Dubai Mercantile Exchange and Singapore Exchange Limited.
Awards and honors
CME Group has received numerous industry awards. The company was named Exchange of the Year, Clearing House of the Year and Exchange Innovation of the Year in the 2019 Risk Awards. CME Group won in four categories at the FOW International Awards including Global Exchange of the Year, Americas Exchange of the Year, Best New Interest Rates Contract and Proprietary Traders' Exchange of the Year. In 2019, CME Group was named to the Forbes list of America's B…
CME Span
The company pioneered the CME SPAN software that is used around the world as the official performance bond (margin) mechanism of 50 registered exchanges, clearing organizations, service bureaus, and regulatory agencies throughout the world. In 2019, CME Group announced that it would launch the next generation of CME Span Margin Methodology (CME Span 2) in the first half of 2020, pending regulatory approval.
Mergers and acquisitions
On October 17, 2006, The Chicago Mercantile Exchange announced a merger with its historic rival the Chicago Board of Trade for $8 billion in stock, joining the two financial institutions as CME Group Inc. The merger agreement was modified on December 20, 2006, May 11, 2007, June 14, 2007 and on July 6, 2007. The merger was approved by shareholders of both CME and the Chicag…