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 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.
The company has been described by The Economist as, “The biggest financial exchange you have never heard of”. In 2019, CME Group was named the world’s fastest growing and most valuable exchange brand for the sixth consecutive year by Brand Finance, while it had the fifth greatest brand strength.
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CME Group Inc. Details
Operating Status:Active
Business TypePublic
HeadquartersChicago, Illinois, United States
Founded Date 1848
Organization CEOTerrence A. Duffy
BrandsChicago Mercantile Exchange, Chicago Board of Trade, New York Mercantile Exchange, Commodities Exchange, Inc., NEX Group, Kansas City Board of Trade, S&P Dow Jones Indices
While CME is launching its ETH options trading, the short ETH calls in the derivatives market have picked up significantly as traders are hedging the spot calls.
