CME Group

CME Group to Launch Micro Euro-denominated Bitcoin and Ether Futures on March 18

Retrieved on: 
Tuesday, February 20, 2024
EBS, Standard, Ether, NYMEX, COMEX, Financial services, TP, Fiat, OTC, New York Mercantile Exchange, City, S&P Dow Jones Indices, CME Group, Chicago Board of Trade, LTD, ICAP, Risk, Cryptocurrency, S&P, Metal, CME, CBOT, Digital asset

CHICAGO, Feb. 20, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced it plans to further expand its cryptocurrency derivatives offering with the addition of Micro Bitcoin Euro and Micro Ether Euro futures on March 18, pending regulatory review.

Key Points: 
  • CHICAGO, Feb. 20, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced it plans to further expand its cryptocurrency derivatives offering with the addition of Micro Bitcoin Euro and Micro Ether Euro futures on March 18, pending regulatory review.
  • As such, we have seen a four-fold increase in volume in our USD-denominated Micro Bitcoin and Micro Ether futures," said Giovanni Vicioso, Global Head of Cryptocurrency Products at CME Group.
  • Designed to match their U.S. dollar-denominated counterparts, Micro Bitcoin Euro and Micro Ether Euro futures contracts will be sized at one-tenth of their respective underlying cryptocurrencies.
  • Micro Bitcoin and Micro Ether futures also saw a trading surge, with average daily volumes growing 43% versus December 2023.

CME Group Inc. Names Slate of Director Nominees

Retrieved on: 
Thursday, February 8, 2024
S&P Dow Jones Indices, NYMEX, Metal, Treasurer, Board of Trade, New York Mercantile Exchange, TCW Group, B-2, OTC, Class, Department of the Treasury, Senior advisor, S&P, Fellow, Principal, Policy, Freddie Mac, CME Group, Financial services, Standard, CME, EBS, Congress, LTD, Senior, ABN, COMEX

CHICAGO, Feb. 8, 2024 /PRNewswire/ -- CME Group Inc., the world's leading derivatives marketplace, today announced its slate of candidates for its board of directors for election at the company's annual meeting to be held Thursday, May 9, 2024.

Key Points: 
  • CHICAGO, Feb. 8, 2024 /PRNewswire/ -- CME Group Inc., the world's leading derivatives marketplace, today announced its slate of candidates for its board of directors for election at the company's annual meeting to be held Thursday, May 9, 2024.
  • In addition, the CME Group Nominating and Governance Committee is recommending the following individuals for election by CME Group's Class B shareholders.
  • CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates , equity indexes , foreign exchange , energy , agricultural products and metals .
  • In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing.

CME Group to Launch U.S. Corporate Bond Index Futures in Summer 2024

Retrieved on: 
Tuesday, February 6, 2024
LTD, Financial services, New York Mercantile Exchange, CME Group, City, CBOT, Chicago Board of Trade, S&P Dow Jones Indices, Stock market index, NYMEX, Bloomberg, OTC, S&P, Metal, COMEX, EBS, Risk, CME, Standard, Security (finance)

CHICAGO, Feb. 6, 2024 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today announced that its interest rate complex will expand in summer 2024 with the launch of U.S. Corporate Bond Index futures, pending regulatory review.

Key Points: 
  • CHICAGO, Feb. 6, 2024 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today announced that its interest rate complex will expand in summer 2024 with the launch of U.S. Corporate Bond Index futures, pending regulatory review.
  • "The launch of listed futures on the Bloomberg U.S. Corporate Bond Indices is intended to provide investors with the ability to more accurately and efficiently gain exposure to the corporate bond market and hedge their credit risk."
  • Available to trade on CME Globex and eligible for submission to clearing via CME ClearPort, U.S. Corporate Bond Index futures will be listed with, and subject to, the rules of a Designated Contract Market at CME Group.
  • These contracts will also receive automatic margin offsets against existing CME Group Interest Rate and Equity Index futures upon launch.

CME Group Reports Record January ADV of 25.2 Million Contracts

Retrieved on: 
Friday, February 2, 2024
LTD, Financial services, New York Mercantile Exchange, CME Group, City, CBOT, International, Chicago Board of Trade, S&P Dow Jones Indices, NYMEX, OTC, S&P, Metal, COMEX, ADV, Treasury, EBS, CME, Standard

Record January interest rate ADV of 13.1 million contracts, up 27%

Key Points: 
  • Record January interest rate ADV of 13.1 million contracts, up 27%
    Record January options ADV of 6.1 million contracts, up 26%
    CHICAGO, Feb. 2, 2024 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today reported its January 2024 market statistics, reaching a new overall average daily volume (ADV) record of 25.2 million contracts for the month, up 16% from January 2023.
  • The company's interest rate ADV saw double-digit growth, driven by its SOFR complex and U.S. Treasury futures.
  • ADV also increased by double-digits across energy, agricultural and foreign exchange products.
  • CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates , equity indexes , foreign exchange , energy , agricultural products and metals .

CME Group to Launch E-mini S&P 500 Equal Weight Futures on February 26

Retrieved on: 
Thursday, February 1, 2024
LTD, Financial services, New York Mercantile Exchange, CME Group, City, CBOT, Chicago Board of Trade, S&P Dow Jones Indices, NYMEX, OTC, S&P, Name, Metal, COMEX, Index, EBS, CME, Standard

CHICAGO, Feb. 1, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced it will launch E-mini S&P 500 Equal Weight futures on February 26, pending regulatory review.

Key Points: 
  • CHICAGO, Feb. 1, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced it will launch E-mini S&P 500 Equal Weight futures on February 26, pending regulatory review.
  • While the S&P 500 Index weights companies based on market capitalization, the S&P 500 Equal Weight Index applies equal weight to all constituents in the index.
  • "The introduction of E-mini S&P 500 Equal Weight futures will provide market participants with a new way to access equity market breadth," said Paul Woolman, Global Head of Equity Products at CME Group.
  • The S&P 500 Equal Weight Index is a product of S&P Dow Jones Indices LLC ("S&P DJI").

CME Group Latin American FX Futures Hit All-Time Volume and Open Interest Records in 2023

Retrieved on: 
Monday, January 29, 2024
LTD, Financial services, Standard, City, FX, EBS, ADV, S&P Dow Jones Indices, COMEX, CBOT, Chicago Board of Trade, OI, Growth, Environment, OTC, CME Group, New York Mercantile Exchange, LATAM, CME, NYMEX, S&P, Metal

CHICAGO, Jan. 29, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced its Mexican peso and Brazilian real FX futures contracts reached all-time average daily volume (ADV) and open interest (OI) records in 2023.

Key Points: 
  • CHICAGO, Jan. 29, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced its Mexican peso and Brazilian real FX futures contracts reached all-time average daily volume (ADV) and open interest (OI) records in 2023.
  • 2023 LatAm FX futures trading highlights include:
    Mexican peso futures reached a record $1.8 billion in equivalent notional value ADV.
  • "The continued growth of the Mexican and Brazilian economies combined with the current interest rate environment, is driving more clients to trade CME Group FX futures," said Paul Houston, Global Head of FX Products, CME Group.
  • "CME Group offers its clients unique access to liquidity from local onshore market markers which are particularly valuable in futures and options for non-deliverable currencies.

CFTC Approves Intelligent Medicine Exchange (IMX) as New Futures Exchange

Retrieved on: 
Monday, January 22, 2024
Professional Services, Health, Other Health, Finance, Fintech, General Health, Intermediary, Contract management, IMX, General counsel, Associate, Silver, CFTC, Minneapolis Grain Exchange, MGEX, Division, CME Group, Cryptocurrency

Intelligent Medicine Exchange (IMX)™ has been designated by the Commodity Futures Trading Commission as a contract market – a new futures and options exchange that allows market participants to hedge and invest in the health care economy.

Key Points: 
  • Intelligent Medicine Exchange (IMX)™ has been designated by the Commodity Futures Trading Commission as a contract market – a new futures and options exchange that allows market participants to hedge and invest in the health care economy.
  • IMX will enable market participants to manage risk across the health care ecosystem in transparent, two-sided markets that represent many facets of the health care sector.
  • Trading operations are expected to commence in the first half of 2024.
  • IMX’s senior leadership and strategic advisors have deep experience in health care, finance, and futures trading.

Maxfli Secures Exclusive Golf Ball Partnership with LPGA Champion Lexi Thompson

Retrieved on: 
Wednesday, January 24, 2024
Record, LPGA, Golf, Face, Partnership, Dick's Sporting Goods, CME Group, PGA, Marketing, Chevron Championship, CME Group Tour Championship, Tour Series, Iron

PITTSBURGH, Jan. 24, 2024 /PRNewswire/ -- Today, Maxfli®, a distinguished golf brand with a century-long legacy in performance and quality, announced its exclusive golf ball endorsement agreement with professional golfer Lexi Thompson. This partnership signifies a major milestone as Thompson commits to playing and endorsing the Maxfli Tour Series golf ball throughout the 2024 season, while also acting as an ambassador and spokesperson for the brand.

Key Points: 
  • Thompson, entering her 13th year on the LPGA Tour, will begin playing the Maxfli Tour ball at the LPGA Drive On Championship this week in Bradenton, Florida.
  • The Maxfli Tour ball is part of the Maxfli Tour Series, which is sold exclusively at DICK'S Sporting Goods and Golf Galaxy .
  • "I've been testing the Maxfli Tour Series for a few months now, and the Maxfli Tour ball exceeded my expectations," said Thompson.
  • Along with the Maxfli Tour ball that Lexi will be using during the 2024 season, the Tour Series includes the Maxfli Tour-X and Maxfli Tour-S .

CME Group and DTCC Launch Enhanced Treasury Cross-Margining Arrangement, Enabling Capital Efficiencies for Clearing Members

Retrieved on: 
Tuesday, January 23, 2024
FICC, United States Treasury security, Partnership, GSD, CME Group, DRW, DTCC, Security (finance)

CHICAGO and NEW YORK and LONDON and HONG KONG and SINGAPORE and SYDNEY, Jan. 23, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, and The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced their enhanced cross-margining arrangement has gone live, enabling capital efficiencies for clearing members that trade and clear both U.S. Treasury securities and CME Group Interest Rate futures.

Key Points: 
  • CHICAGO and NEW YORK and LONDON and HONG KONG and SINGAPORE and SYDNEY, Jan. 23, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, and The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced their enhanced cross-margining arrangement has gone live, enabling capital efficiencies for clearing members that trade and clear both U.S. Treasury securities and CME Group Interest Rate futures.
  • With the new arrangement implemented, eligible clearing members of CME Group and the Government Securities Division (GSD) of DTCC's Fixed Income Clearing Corporation (FICC) can now cross-margin an expanded suite of products, including CME Group SOFR futures, Ultra 10-Year U.S. Treasury Note futures and Ultra U.S. Treasury Bond futures, with FICC-cleared U.S. Treasury notes and bonds.
  • Repo transactions that have Treasury collateral with more than one year remaining to maturity will also be eligible for the enhanced cross-margining arrangement.
  • "We are continually seeking to make trading more efficient and cost effective for our clearing members," said Suzanne Sprague, CME Group Global Head of Clearing and Post-Trade Services.

Miami International Holdings Appoints Kelly Brown as Senior Vice President Derivatives Products and Business Development for MIAX Futures

Retrieved on: 
Friday, January 19, 2024
Emerald, Senior, Bermuda Stock Exchange, Loyola University, DNA, Bank, Culture, MIH, Business development, Minneapolis Grain Exchange, MGEX, Illinois Institute of Technology, CME Group, Loyola University Chicago, Bank of America, CME, BSX, Management

PRINCETON, N.J., Jan. 19, 2024 /PRNewswire/ -- Miami International Holdings, Inc. (MIH), owner of Miami International Securities Exchange, LLC (MIAX®), MIAX PEARL, LLC (MIAX Pearl®), MIAX Emerald, LLC (MIAX Emerald®), MIAX Sapphire, LLC (MIAX SapphireTM), Minneapolis Grain Exchange, LLC (MGEXTM), LedgerX LLC (LedgerX), The Bermuda Stock Exchange (BSX), and Dorman Trading, LLC (Dorman Trading), today announced that Kelly Brown has joined the company as Senior Vice President Derivatives Products and Business Development for MIAX Futures.

Key Points: 
  • PRINCETON, N.J., Jan. 19, 2024 /PRNewswire/ -- Miami International Holdings, Inc. (MIH), owner of Miami International Securities Exchange, LLC (MIAX®), MIAX PEARL, LLC (MIAX Pearl®), MIAX Emerald, LLC (MIAX Emerald®), MIAX Sapphire, LLC (MIAX SapphireTM), Minneapolis Grain Exchange, LLC (MGEXTM), LedgerX LLC (LedgerX), The Bermuda Stock Exchange (BSX), and Dorman Trading, LLC (Dorman Trading), today announced that Kelly Brown has joined the company as Senior Vice President Derivatives Products and Business Development for MIAX Futures.
  • In this newly created position, Mr. Brown will be responsible for developing and maintaining strategic relationships with futures commission merchants, broker dealers and clearing members across the global futures industry.
  • Mr. Brown joins MIAX after serving as Senior Principal, Head of Derivatives for Gemini Trust Company where he managed the build-out of its trading platform.
  • "I have been fortunate in my career to hold roles at the forefront of financial innovation, which is embedded in MIAX's culture and DNA," said Kelly Brown, Senior Vice President, MIAX Futures.