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Tag: CME Group

CME Group Achieves Record International Average Daily Volume
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CME Group Achieves Record International Average Daily Volume

CME Group Achieves Record International Average Daily Volume of 5.2 Million Contracts in 2020, Up 8 Percent from 2019 LONDON and SINGAPORE (STL.News) CME Group, the world's leading and most diverse derivatives marketplace, today announced that it achieved record international average daily volume (ADV) of 5.2 million contracts in 2020, up 8 percent from 2019.  This record, reflecting all trading done outside North America, was driven largely by growth in Equity Index and Agricultural products, up 85 percent and 28 percent respectively. Asia Pacific full year ADV reached a record 1.2 million contracts, up 20 percent from 2019.  This was driven by a 120 percent growth in Equity Index products, 44 percent growth in Agricultural products, and 25 percent growth in Metals products in the reg...
CME Group: Statement on CME Group Political Action Committee
Business

CME Group: Statement on CME Group Political Action Committee

CHICAGO, IL (STL.News) CME Group today announced the company will suspend all political contributions through CME Group's Political Action Committee (PAC) for the foreseeable future.  This decision was made in response to the violent attack at the U.S. Capitol last week.  In light of this appalling event, the company believes it is critical to reexamine its contribution policies to ensure anyone who receives PAC support shares the values of CME Group. CME Group's Political Action Committee (PAC) is a voluntary contribution program for eligible exchange members and employees and has historically supported members of office and political candidates that endorse a free market economy, regardless of political affiliation.  The PAC serves to educate candidates around the role of futures mark...
CME Group and IHS Markit to Form Joint Venture for OTC Markets
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CME Group and IHS Markit to Form Joint Venture for OTC Markets

LONDON and CHICAGO, IL (STL.News) CME Group (NASDAQ: CME), the world's leading and most diverse derivatives marketplace, and IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions, today announced that they have agreed to combine their post-trade services into a new joint venture. The new company will include trade processing and risk mitigation operations. It will incorporate CME Group's optimization businesses –Traiana, TriOptima, and Reset – and IHS Markit's MarkitSERV. The combination of these complementary offerings will provide clients with enhanced platforms and services for global OTC markets across interest rate, FX, equity and credit asset classes. Market participants will benefit from a more efficient front-to-back workflow with enhanced c...
CME Group to Launch Six New Japanese Energy Futures Contracts
Business

CME Group to Launch Six New Japanese Energy Futures Contracts

CHICAGO and TOKYO (STL.News) CME Group, the world's leading and most diverse derivatives marketplace, today announced four new Japanese electricity futures contracts and two new LNG futures contracts will be available for trading on February 8, 2021, pending regulatory review. The four new electricity futures contracts expand CME Group's already robust suite of global power futures and options and fill a gap in the Japanese electricity futures market, providing traders a robust platform for block-trade submission to CME Clearing.  The two new LNG contracts provide Japanese power producers a more efficient tool to manage their price risk. "The Japanese wholesale electricity market is now fully liberalized with hundreds of retail firms and producers, creating an opportunity for a more ...
CME Group Announces Fourth-Quarter, Year-End 2020 Earnings
Business

CME Group Announces Fourth-Quarter, Year-End 2020 Earnings

CHICAGO, IL (STL.News) CME Group Inc. will announce earnings for the fourth quarter and full year of 2020 before the markets open on Wednesday, February 10, 2021.  Written highlights for the quarter and year will be posted on the company's website at 6:00 a.m. Central Time, the same time it provides its earnings press release.  The company will hold an investor conference call that day at 7:30 a.m. Central Time, at which time company executives will take analysts' questions. A live audio Webcast of the conference call will be available on the Investor Relations section of the company's website, www.cmegroup.com.  Following the conference call, an archived recording will be available at the same site.  Those wishing to listen to the live conference via telephone should dial (800) 437-239...
CME Group to Launch Ether Futures on February 8, 2021
Business

CME Group to Launch Ether Futures on February 8, 2021

Ether futures to expand CME Group's robust crypto derivatives offering for institutional traders alongside CME Bitcoin futures CHICAGO, IL (STL.News) CME Group, the world's leading and most diverse derivatives marketplace, today announced it intends to launch Ether futures starting February 8, 2021, pending regulatory review. The new contract will be cash-settled, based on the CME CF Ether-Dollar Reference Rate, which serves as a once-a-day reference rate of the U.S. dollar price of Ether.  Ether futures will be listed on and subject to the rules of CME. "Based on increasing client demand and robust growth in our Bitcoin futures and options markets, we believe the addition of Ether futures will provide our clients with a valuable tool to trade and hedge this growing cryptocurrency,"...
CME Group Announces Launch of New Implied Volatility Indexes
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CME Group Announces Launch of New Implied Volatility Indexes

First CVOL offerings to include 10-Year Treasury Note and G5 FX currency pair indexes CHICAGO, IL (STL.News) CME Group, the world's leading and most diverse derivatives marketplace, today announced it began daily publication of a suite of new implied volatility benchmark indexes based on its innovative, proprietary CME Group Volatility Index (CVOL™) methodology.  Beginning with eight implied volatility indexes on its 10-Year Treasury Note futures and G5 FX currency pair futures, the CVOL family of indexes will be expanded to include benchmarks across all major asset classes in the first half of 2021. "Traders already rely on CME Group's deep and liquid options markets to monitor, hedge against, or express views on volatility across all major asset classes ahead of market-moving events,...
Quarterly Dividend Declared by CME Group
Business

Quarterly Dividend Declared by CME Group

CHICAGO, IL (STL.News) CME Group Inc., the world's leading and most diverse derivatives marketplace, today declared a fourth-quarter dividend of $0.85 per share, payable December 29, 2020, to shareholders of record as of December 10, 2020.
CME Group – October 2020 Monthly Market Statistics
Business

CME Group – October 2020 Monthly Market Statistics

CHICAGO, IL (STL.News) CME Group, the world's leading and most diverse derivatives marketplace, today reported October 2020 market statistics, including average daily volume (ADV) of 15.4 million contracts during the month.  Market statistics are available in greater detail at https://cmegroupinc.gcs-web.com/monthly-volume. NOTE: this is NOT the complete release. View complete release at: https://www.cmegroup.com/media-room/press-releases/2020/11/03/cme_group_reportsoctober2020monthlymarketstatistics.html?source=rss&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+mediaroom%2FCMsF+%28CME+Group+Media+Room%29
CME Group Inc. Reports Third-Quarter 2020 Financial Results
Business

CME Group Inc. Reports Third-Quarter 2020 Financial Results

CHICAGO, IL (STL.News) CME Group Inc. (NASDAQ: CME) today reported financial results for the third quarter of 2020. The company reported revenue of $1.1 billion and operating income of $525 million for the third quarter of 2020.  Net income was $412 million and diluted earnings per share were $1.15.  On an adjusted basis, net income was $495 million and diluted earnings per share were $1.38.  Financial results presented on an adjusted basis for the third quarter of 2020 and 2019 exclude certain items, which are detailed in the reconciliation of non-GAAP results.1 "Despite the many challenges created by the ongoing pandemic, our metals, equities, agriculture and data services businesses showed strong performance during the third quarter," said CME Group Chairman and Chief Executive Office...
Ag Barometer rises as crop prices rally and USDA announces CFAP 2
Business

Ag Barometer rises as crop prices rally and USDA announces CFAP 2

WEST LAFAYETTE, IN and CHICAGO, IL (STL.News) Farmer sentiment hit a post pandemic high in September, according to the Purdue University/CME Group Ag Economy Barometer.  The index rose to a reading of 156, up 12 points from August and up 60 points from its 2020 low in April.  The Current Conditions Index also saw an uptick, jumping 18 points to a reading of 142 in September, and the Future Expectations Index rose 9 points to a reading of 163.  The Ag Economy Barometer is based on survey responses from 400 U.S. agricultural producers and was conducted between September 21-25, 2020. This past month marked key changes in the agricultural economy.  On September 18, USDA announced a second round of Coronavirus Food Assistance Program (CFAP 2) payments for U.S. agricultural producers and fall-h...
Soybean Futures Reach Open Interest Record of 1 Million Contracts
Business

Soybean Futures Reach Open Interest Record of 1 Million Contracts

CHICAGO, IL (STL.News) CME Group, the world's leading and most diverse derivatives marketplace, today announced that open interest in Soybean Futures reached a record of 1,005,393 contracts on October 2, 2020, up from the previous open interest record of 994,165 set on September 30, 2020. Open interest (OI) represents the number of active positions that market participants are holding open without taking delivery or offsetting, a measure that typically increases during times of market uncertainty. "The new open interest record indicates the value of our soybean contract among a wide spectrum of market participants facing price risk," said Tim Andriesen, Managing Director, Agricultural and Alternative Investment Products at CME Group.  "Customers are increasingly accessing the deep liquid...
CME Group Reports September and Third-Quarter 2020 Market Statistics
Business

CME Group Reports September and Third-Quarter 2020 Market Statistics

CHICAGO, IL (STL.News) CME Group, the world's leading and most diverse derivatives marketplace, today reported its September and third-quarter 2020 market statistics, showing it reached average daily volume (ADV) of 15.6 million contracts during the quarter and 16.9 million contracts during the month of September.  Market statistics are available online in greater detail at https://cmegroupinc.gcs-web.com/monthly-volume. Quarterly ADV across asset classes includes: Equity Index ADV of 5.4 million contracts Interest Rate ADV of 5.3 million contracts Options ADV of 2.1 million contracts Energy ADV of 1.9 million contracts Agricultural ADV of 1.4 million contracts Foreign Exchange ADV of 829,000 contracts Metals ADV of 825,000 contracts September ADV across asset classes inclu...
CME Group Inc. Announces Third-Quarter 2020 Earnings Release, Conference Call
Business

CME Group Inc. Announces Third-Quarter 2020 Earnings Release, Conference Call

CHICAGO, IL (STL.News) CME Group Inc. will announce earnings for the third quarter of 2020 before the markets open on Wednesday, October 28, 2020.  Written highlights for the quarter will be posted on the company's website at 6:00 a.m. Central Time, the same time it provides its earnings press release.  The company will hold an investor conference call that day at 7:30 a.m. Central Time, at which time company executives will take analysts' questions. A live audio Webcast of the conference call will be available on the Investor Relations section of the company's website, www.cmegroup.com.  Following the conference call, an archived recording will be available at the same site.  Those wishing to listen to the live conference via telephone should dial 1-800-367-2403 if calling from within th...
CME Group Brings Export Quality Crude Oil to the Water via WTI Houston (HCL) Futures
Business

CME Group Brings Export Quality Crude Oil to the Water via WTI Houston (HCL) Futures

CHICAGO, IL (STL.News) CME Group, the world's leading and most diverse derivatives marketplace, today announced that it has added dock allocation as an additional delivery point for its NYMEX WTI Houston (HCL) Crude Oil futures contracts, pending regulatory review.  The added delivery point, effective with the January 2021 contract, will allow eligible market participants to deliver WTI Houston (HCL) Crude Oil futures directly onto a tanker at the Houston Ship Channel terminal owned by a subsidiary of Enterprise Products Partners L.P. "As the US crude oil export market has grown, we have seen an increase in demand for direct access to waterborne markets," said Peter Keavey, CME Group Global Head of Energy.  "The dock allocation process is the next phase in the evolution of WTI Houston and...
CME Group Announces First Trade of New European Renewable Fuel Contract
Business

CME Group Announces First Trade of New European Renewable Fuel Contract

CHICAGO and LONDON (STL.News) CME Group, the world's leading and most diverse derivatives marketplace, today announced the first trade of the Used Cooking Oil Methyl Ester (UCOME) futures contracts.  Ten contracts were traded on September 16, 2020. Open interest is at 65 contracts as of September 22, 2020. "As waste-based products are increasingly in demand as a source of clean energy, our new used cooking oil contracts help clients manage the price risks associated with this emerging market," said Peter Keavey, Global Head of Energy at CME Group.  "This new product is another example of CME Group's commitment to developing markets that reflect the evolving energy market and can help meet changing customer preferences." Tullett Prebon Energy & Commodities, part of TP ICAP, a leading ...
CME Group to Launch First-Ever Water Futures Based on Nasdaq Veles California Water Index
Business

CME Group to Launch First-Ever Water Futures Based on Nasdaq Veles California Water Index

New futures will help California water market users hedge price risk and provide a regulated, market-based solution for managing risk to the most active and dynamic water market in the U.S. CHICAGO and NEW YORK (STL.News) CME Group, the world's leading and most diverse derivatives marketplace, and Nasdaq, a global technology company serving the capital markets and other industries, today announced plans for a new futures contract on the Nasdaq Veles California Water Index (NQH2O).  CME Group will launch its new Nasdaq Veles California Water Index futures contract in late Q4, pending regulatory review. Nasdaq Veles California Water Index futures will be an innovative, first-of-its-kind tool to provide agricultural, commercial, and municipal water users with greater transparency, price disc...
Farmer sentiment rebounds as commodity prices rally and agriculture trade prospects improve
Business

Farmer sentiment rebounds as commodity prices rally and agriculture trade prospects improve

WEST LAFAYETTE, IN and CHICAGO, IL (STL.News) There was a big improvement in farmer sentiment in August, according to the Purdue University/CME Group Ag Economy Barometer.  The index rose to a reading of 144, up 26 points from July.  The Ag Economy Barometer is based on survey responses from 400 U.S. agricultural producers and was conducted between August 17-21, 2020. Both of the barometers sub-indices also recorded substantial increases.  The Index of Current Conditions improved to a reading of 124, up 13 points from July, while the Index of Future Expectations improved to a reading of 154, up 33 points. Increases in the barometer and its two sub-indices marked the most positive readings since February 2020 when record highs were established and before the pandemic began.  The improveme...