CME Group

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.

Hidden Road Continues Expansion into Listed Derivatives Clearing

Retrieved on: 
Wednesday, January 17, 2024
FCM, Business development, CME Group, CME

NEW YORK, Jan. 17, 2024 /PRNewswire/ -- Hidden Road, the global credit network for institutions, today announced that it has extended its credit intermediation, clearing and financing offerings to cover listed derivatives markets through the firm's U.S. entity, Hidden Road Partners CIV US LLC, a registered futures commission merchant (FCM). The listed derivatives business is starting with CME Clearing (NASDAQ: CME) as its first venue and will be expanding venue and clearinghouse coverage globally over the coming months.

Key Points: 
  • Hidden Road, the global credit network for institutions, has launched listed derivatives clearing, starting with CME Group products
    NEW YORK, Jan. 17, 2024 /PRNewswire/ -- Hidden Road, the global credit network for institutions, today announced that it has extended its credit intermediation, clearing and financing offerings to cover listed derivatives markets through the firm's U.S. entity, Hidden Road Partners CIV US LLC, a registered futures commission merchant (FCM).
  • The listed derivatives business is starting with CME Clearing (NASDAQ: CME) as its first venue and will be expanding venue and clearinghouse coverage globally over the coming months.
  • "Extending our services to cover listed derivatives is a significant step in our mission to provide comprehensive clearing across venues, products and asset classes," said Alex Kallelis, Head of Business Development, Americas at Hidden Road.
  • Adding listed derivatives, starting with products cleared by CME Clearing, represents a natural evolution for Hidden Road, driven by client demand for an expansion of the firm's offerings.

CME Group International Average Daily Volume Reaches Record 6.8 Million Contracts in 2023, Up 8% from 2022

Retrieved on: 
Wednesday, January 10, 2024
Commodity, LTD, Financial services, Standard, EBS, ADV, S&P Dow Jones Indices, COMEX, Globalization, City, Interest rate, CBOT, Metal, Chicago Board of Trade, Growth, OTC, CME Group, Risk management, New York Mercantile Exchange, Foreign exchange market, CME, NYMEX, S&P, Rare-earth element

LONDON and SINGAPORE, Jan. 10, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that average daily volume (ADV) outside the United States reached a record 6.8 million contracts in 2023, up 8% from 2022.

Key Points: 
  • LONDON and SINGAPORE, Jan. 10, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that average daily volume (ADV) outside the United States reached a record 6.8 million contracts in 2023, up 8% from 2022.
  • In 2023, Europe, Middle East and Africa ADV hit a record 4.9 million contracts, up 13% from 2022.
  • Globally, CME Group reported a record ADV of 24.4 million contracts in 2023, up 5% over 2022.
  • This was largely driven by growth in Interest Rate ADV, up 16% to a record 12.5 million contracts, and Options ADV, up 23% to a record 5.1 million contracts.

CME Group to Launch Options on S&P 500 Annual Dividend Index Futures on January 29

Retrieved on: 
Tuesday, January 9, 2024
Market structure, LTD, Capital market, Financial services, Standard, City, EBS, S&P Dow Jones Indices, COMEX, CBOT, Chicago Board of Trade, Ecosystem, Growth, Risk, OTC, CME Group, New York Mercantile Exchange, CME, NYMEX, S&P, Russell 2000 Index, Metal, Iron ore

CHICAGO, Jan. 9, 2024 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today announced it will launch options on S&P 500 Annual Dividend Index futures on January 29, pending regulatory review.

Key Points: 
  • CHICAGO, Jan. 9, 2024 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today announced it will launch options on S&P 500 Annual Dividend Index futures on January 29, pending regulatory review.
  • "We are pleased to partner with CME Group on their launch of options on S&P 500 Annual Dividend Index futures," said Megan Morgan, Head of Market Structure at Belvedere Trading.
  • "Sunrise is thrilled to announce its participation in the launch of new CME Group options on S&P 500 Annual Dividend Index futures," said Michael Goodall, Head of Americas at Sunrise Brokers.
  • These new options contracts are the latest addition to the robust dividend futures suite at CME Group, which includes S&P 500 Annual and Quarterly Dividend Index futures, Nasdaq-100 Annual Dividend Index futures, and Russell 2000 Annual Dividend Index futures.

CME Group to Launch Longer-Dated Event Contracts on January 29

Retrieved on: 
Tuesday, January 9, 2024
LTD, Financial services, Standard, City, EBS, S&P Dow Jones Indices, COMEX, CBOT, Chicago Board of Trade, Growth, OTC, CME Group, Interactive Brokers, New York Mercantile Exchange, CME, Finance, NYMEX, S&P, Marketing, EVP, Metal, Iron ore

CHICAGO, Jan. 9, 2024 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today announced it will launch event contracts with quarter- and year-end expiries for E-mini S&P 500 and E-mini Nasdaq-100 futures on January 29, pending regulatory review.

Key Points: 
  • CHICAGO, Jan. 9, 2024 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today announced it will launch event contracts with quarter- and year-end expiries for E-mini S&P 500 and E-mini Nasdaq-100 futures on January 29, pending regulatory review.
  • We're pleased that our expanded suite of event contracts will continue to provide innovative, lower-cost tools for participating in CME Group's futures markets."
  • We are honored to be a part of CME Group's success as a liquidity provider in event contracts."
  • CME Group event contracts are listed with and subject to the rules of CME.

CME Group Inc. Announces Fourth-Quarter and Year-End 2023 Earnings Release, Conference Call

Retrieved on: 
Wednesday, December 20, 2023
Telephone, CME Group, LTD, CME, Central Time, Standard, City, Financial services, Metal, NYMEX, CBOT, S&P Dow Jones Indices, COMEX, EBS, OTC, New York Mercantile Exchange, S&P, Chicago Board of Trade

CHICAGO, Dec. 20, 2023 /PRNewswire/ -- CME Group Inc. will announce earnings for the fourth quarter and full year of 2023 before the markets open on Wednesday, February 14, 2024.

Key Points: 
  • CHICAGO, Dec. 20, 2023 /PRNewswire/ -- CME Group Inc. will announce earnings for the fourth quarter and full year of 2023 before the markets open on Wednesday, February 14, 2024.
  • 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 also 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 .

CME Group to Expand Gold, Silver and Copper Short-Term Options Expiries

Retrieved on: 
Tuesday, December 19, 2023
ADV, CME Group, LTD, CME, Standard, City, Financial services, CPI, Metal, NYMEX, CBOT, S&P Dow Jones Indices, COMEX, Growth, Fed, EBS, OTC, New York Mercantile Exchange, S&P, Chicago Board of Trade, Gold

CHICAGO, Dec. 19, 2023 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that it will expand its suite of short-term metals options to include Tuesday and Thursday expiries for Gold, Silver, and Copper, pending regulatory review.

Key Points: 
  • CHICAGO, Dec. 19, 2023 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that it will expand its suite of short-term metals options to include Tuesday and Thursday expiries for Gold, Silver, and Copper, pending regulatory review.
  • In May 2023, CME Group launched Monday and Wednesday expiries on Weekly Gold, Silver and Copper Weekly options.
  • 25% of Silver, Copper and Gold Weekly options volume now occurs during non-U.S. trading hours.
  • Gold, Silver and Copper Weekly options are listed by and subject to the rules of COMEX.

CME Group Announces 2024 Annual Meeting Date

Retrieved on: 
Friday, December 15, 2023
CME Group, Central Time

CHICAGO, Dec. 15, 2023 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today announced it will conduct its 2024 annual meeting of shareholders at 10:00 a.m. Central Time on Thursday, May 9, 2024. Additional information will be provided in the company's proxy statement.

Key Points: 

CHICAGO, Dec. 15, 2023 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today announced it will conduct its 2024 annual meeting of shareholders at 10:00 a.m. Central Time on Thursday, May 9, 2024. Additional information will be provided in the company's proxy statement.

CME Group SOFR Open Interest Surpasses Record 60 Million Contracts

Retrieved on: 
Thursday, December 14, 2023
CME Group, Growth, ADV, SOFR, CME, Iron ore, Security (finance)

CHICAGO, Dec. 14, 2023 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today announced that open interest in its deeply liquid SOFR complex set a new record of 60,435,467 contracts on December 12, including 48.3 million options contracts and 12.1 million futures contracts.

Key Points: 
  • CHICAGO, Dec. 14, 2023 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today announced that open interest in its deeply liquid SOFR complex set a new record of 60,435,467 contracts on December 12, including 48.3 million options contracts and 12.1 million futures contracts.
  • Average daily volume (ADV) in SOFR futures and options this year also reached a record 5.1 million contracts.
  • "As the world's leading tools for hedging short-term interest rate risk, global market participants continue to turn to our SOFR futures and options to navigate uncertainty," said Agha Mirza, CME Group Global Head of Rates and OTC Products.
  • CME Group launched SOFR futures in May 2018 and SOFR options in January 2020.

CME Group to Create Unified Global NDF Trading Venue, Expanding Access and Enhancing Liquidity For Participants

Retrieved on: 
Monday, December 11, 2023
CME Group, FX, EBS, LATAM, FX Productions, Environment, NDF

The combination will bring market participants across regulatory jurisdictions into a unified global trading environment, supporting improved market efficiency and enhancing EBS's role as the leading source of centralized liquidity and price discovery in NDFs.

Key Points: 
  • The combination will bring market participants across regulatory jurisdictions into a unified global trading environment, supporting improved market efficiency and enhancing EBS's role as the leading source of centralized liquidity and price discovery in NDFs.
  • "Amid continued fragmentation and rising complexity within the global FX market, the need for a unified, globally accessible primary trading venue in NDFs is greater than ever," said Paul Houston, Global Head of FX Products, CME Group.
  • "Combining our two leading NDF trading platforms will improve access for participants around the world while expanding liquidity, improving price discovery and providing operational efficiencies for the marketplace."
  • EBS Market was the first venue to offer electronic NDF trading on a central limit order book in 2007.