CME Group

S&P Global Platts and Xpansiv Partner to Advance Price Transparency in Global Carbon Markets

Retrieved on: 
Thursday, November 18, 2021
Carbon, CME Group, COP26, News, GEO, IOSCO, S, NYSE, Partnership, ESG, CBL, Agriculture, CORSIA, VCM, SPGI, EMA, S&P Global, MPC, Methane, Water, Efficiency, Task force, Multimedia, Metal, Natural gas, Iron ore, Renewable energy, Risk management

"This partnership brings together all the necessary elements of a well-ordered marketecosystemprice transparency, liquid spot and futures markets, and robust market data," said John Melby, Xpansiv President and Chief Operating Officer.

Key Points: 
  • "This partnership brings together all the necessary elements of a well-ordered marketecosystemprice transparency, liquid spot and futures markets, and robust market data," said John Melby, Xpansiv President and Chief Operating Officer.
  • "It will enable the carbon market to further scale to accommodate demand and provide much-needed investment in high-quality carbon offset projects."
  • S&P Global Platts' parent, S&P Global, has an equity investment in Xpansiv through its S&P Global Ventures arm.
  • S&P Global Platts is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence.

Flack Global Metals Becomes Member Firm of CME Group

Retrieved on: 
Tuesday, November 16, 2021
CME Group, CME, Metal, HRC, Steel, FGM, COVID, Industry, Risk management, Index, OTC, Original equipment manufacturer, Financial services, Iron ore

CHICAGO, Nov. 16, 2021 /PRNewswire/ --Flack Global Metals (FGM) announced today that it is now a Member Firm of the CME Group, enabling the company to enhance market making activities using the CME Hot Rolled Coil (HRC) contract.

Key Points: 
  • CHICAGO, Nov. 16, 2021 /PRNewswire/ --Flack Global Metals (FGM) announced today that it is now a Member Firm of the CME Group, enabling the company to enhance market making activities using the CME Hot Rolled Coil (HRC) contract.
  • We have always relied on the products of the CME so it seems only fitting that we now become a Member Firm."
  • 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 2010, Flack Global Metals (FGM) was founded with the mission to reinvent how metal is bought and sold.

Vidler Water Resources, Inc. Announces Results for the Third Quarter Of 2021

Retrieved on: 
Friday, November 12, 2021
Energy, Natural Resources, Utilities, Other Natural Resources, Securities Exchange Act of 1934, NOLS, LTSC, Dayton, Ohio, Tax, Private Securities Litigation Reform Act, Financial condition report, Interstate Highway System, CME Group, Water resources, Farmer, Water, Income, Investment, Weakness, COVID-19, Securities Act of 1933, Annual report, Vidler, LLC, Sale, Board, Partnership, Company, Environment, LIBOR, FSR, SEC, Energy Independence and Security Act of 2007, Analysis, Result, Nasdaq, Conversation, Housing, Security (finance), Bank

When the current management team and Board were installed, the net cash expenditures were significantly greater than these levels.

Key Points: 
  • When the current management team and Board were installed, the net cash expenditures were significantly greater than these levels.
  • Our recurring operational costs have declined due to simplification of our asset portfolio and operations, and through effective cost management.
  • At September 30, 2021, the amount due to Vidler from any partnership distributions, prior to any profit split with our partners, is approximately $216.4 million.
  • The persistent mega-drought in the Western U.S. has put a spotlight on the trading of scarce water supplies.

Murphy & McGonigle Awarded "Law Firm of the Year" for Securities Regulation for Second Consecutive Year

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Thursday, November 4, 2021
Commodity Futures Trading Commission, Regulation, Justice minister, CFTC, Leadership, K&L Gates, News, CME Group, Lawyer, Security (finance), Department, Financial Industry Regulatory Authority, DOJ, Wall Street, Comptroller, Weil, Gotshal & Manges, FINRA, Smart contract, U.S. Department of Commerce Office of Security, U.S. Securities and Exchange Commission, U.S. Department of Justice Office of Legislative Affairs, SEC, OCC, Euronext, McGonagle, Company, District, Lawsuit, Morgan, Lewis & Bockius, Financial adviser

This marks the second consecutive year that the Firm has received this prestigious recognition.

Key Points: 
  • This marks the second consecutive year that the Firm has received this prestigious recognition.
  • A year ago, Murphy & McGonigle was the first boutique firm to be named "Law Firm of the Year" in Securities Regulation.
  • The Firm has also been recognized as a National Tier One firm for nine consecutive years for Securities Regulation and Litigation Securities (also byU.S.
  • Prior winners of the "Law Firm of the Year" distinction for Securities Regulation include Sidley Austin, Morgan Lewis & Bockius, Weil, Gotshal & Manges and K&L Gates.

CME Group Signs 10-Year Partnership with Google Cloud to Transform Global Derivatives Markets Through Cloud Adoption

Retrieved on: 
Thursday, November 4, 2021
Cloud, Partnership, Technology, City, S&P, Planter's Exchange, Inc., NYMEX, Industry, Dow Jones, New York Mercantile Exchange, Google, Algorithm, Organization, Financial services, U.S. Securities and Exchange Commission, Security (finance), Google Cloud, EBS, Machine learning, CME Group, Annual report, Risk, LLC, Disclosure, CEO, OTC, Board, Environment, Growth, Google Cloud Platform, Solution, COMEX, Metal, Chicago Board of Trade, CBOT, CME, LTD, Network equipment, Management, Iron ore

CHICAGOand SUNNYVALE, Calif., Nov. 4, 2021 /PRNewswire/ -- CME Group and Google Cloud today announced a 10-year strategic partnership to accelerate CME Group's move to the cloud and transform how global derivatives markets operate with technology.

Key Points: 
  • CHICAGOand SUNNYVALE, Calif., Nov. 4, 2021 /PRNewswire/ -- CME Group and Google Cloud today announced a 10-year strategic partnership to accelerate CME Group's move to the cloud and transform how global derivatives markets operate with technology.
  • "Through this long-term partnership with Google Cloud, CME Group will transform derivatives markets through technology, expanding access and creating efficiencies for all market participants," said Terry Duffy, Chairman and Chief Executive Officer, CME Group.
  • Under the agreement, CME Group will migrate its technology infrastructure to Google Cloud beginning next year with data and clearing services, and eventually moving all of its markets to the cloud.
  • "CME Group has a century-long track record of helping investors access new markets and is known for innovation in financial markets," said Thomas Kurian, CEO, Google Cloud.

Farmer sentiment weakens amid rising concerns of a cost-price squeeze

Retrieved on: 
Tuesday, November 2, 2021
Agriculture, Economics, Financial services, Bloomberg Terminal, COMEX, Metal, Reading, Research, City, Agricultural economics, Farm, Grain, New York Mercantile Exchange, Department, LTD, Carbon, Dow Jones, EBS, Farmer, CME Group, Center, LLC, OTC, Awareness, Purdue University, Pesticide, S&P, Planter's Exchange, Inc., NYMEX, Pizza farm, Board, Chicago Board of Trade, CBOT, CME, Renewable energy, Iron ore

"Recent weakness in farmer sentiment appears to be driven by a wide variety of issues, with concerns about input price rises topping the list," said James Mintert , the barometer's principal investigator and director of Purdue University's Center for Commercial Agriculture.

Key Points: 
  • "Recent weakness in farmer sentiment appears to be driven by a wide variety of issues, with concerns about input price rises topping the list," said James Mintert , the barometer's principal investigator and director of Purdue University's Center for Commercial Agriculture.
  • "Rapid run-ups in input prices, especially fertilizer for crop production, are giving rise to concerns among producers' about their operating margins weakening.
  • Livestock producers are also concerned about a cost-price squeeze, especially in the pork and dairy sectors."
  • Photo Caption: Farmer sentiment weakens amid rising concerns of a cost-price squeeze.

CME Group to Launch Micro Ether Futures on December 6

Retrieved on: 
Tuesday, November 2, 2021
Bitcoin, City, NEX Group, S&P, Contract, NYMEX, Planter's Exchange, Inc., Dow Jones, New York Mercantile Exchange, Financial services, EBS, CME Group, Ether, LLC, Stock market index, Board, OTC, COMEX, Chicago Board of Trade, Metal, CBOT, CME, Cryptocurrency, Iron ore

Sized at one-tenth of one ether, Micro Ether futures will provide an efficient, cost-effective way for a range of market participants from institutions to sophisticated, active, individual traders to hedge their spot ether price risk or more nimbly execute ether trading strategies, all while retaining the features and benefits of CME Group's larger-sized Ether futures.

Key Points: 
  • Sized at one-tenth of one ether, Micro Ether futures will provide an efficient, cost-effective way for a range of market participants from institutions to sophisticated, active, individual traders to hedge their spot ether price risk or more nimbly execute ether trading strategies, all while retaining the features and benefits of CME Group's larger-sized Ether futures.
  • Micro Ether futures will offer even more choice and precision in how they trade Ether futures in a transparent, regulated and efficient manner at CME Group."
  • Micro Ether futures will join CME Group's growing suite of cryptocurrency derivatives, including recently launched Micro Bitcoin futures which have traded more than 2.7 million contracts since launched in May.
  • In addition, Micro Ether futures will complement CME Group's diverse slate of more than 20 Micro products , which, together, have traded more than 1 billion contracts since their introduction.

CME Group to Launch Micro Ether Futures on December 6

Retrieved on: 
Tuesday, November 2, 2021
Bitcoin, City, NEX Group, S&P, Contract, NYMEX, Planter's Exchange, Inc., Dow Jones, New York Mercantile Exchange, Financial services, EBS, CME Group, Ether, LLC, Stock market index, Board, OTC, COMEX, Chicago Board of Trade, Metal, CBOT, CME, Cryptocurrency, Iron ore

Sized at one-tenth of one ether, Micro Ether futures will provide an efficient, cost-effective way for a range of market participants from institutions to sophisticated, active, individual traders to hedge their spot ether price risk or more nimbly execute ether trading strategies, all while retaining the features and benefits of CME Group's larger-sized Ether futures.

Key Points: 
  • Sized at one-tenth of one ether, Micro Ether futures will provide an efficient, cost-effective way for a range of market participants from institutions to sophisticated, active, individual traders to hedge their spot ether price risk or more nimbly execute ether trading strategies, all while retaining the features and benefits of CME Group's larger-sized Ether futures.
  • Micro Ether futures will offer even more choice and precision in how they trade Ether futures in a transparent, regulated and efficient manner at CME Group."
  • Micro Ether futures will join CME Group's growing suite of cryptocurrency derivatives, including recently launched Micro Bitcoin futures which have traded more than 2.7 million contracts since launched in May.
  • In addition, Micro Ether futures will complement CME Group's diverse slate of more than 20 Micro products , which, together, have traded more than 1 billion contracts since their introduction.

CME Group Reports October 2021 Monthly Market Statistics

Retrieved on: 
Tuesday, November 2, 2021
Bitcoin, City, Treasury, S&P, Planter's Exchange, Inc., Contract, NYMEX, Dow Jones, New York Mercantile Exchange, Financial services, Energy, EBS, CME Group, SOFR, LLC, Stock market index, Board, OTC, EMEA, Growth, COMEX, Chicago Board of Trade, Metal, CBOT, CME, ADV, LTD, Iron ore, Cryptocurrency, Oil

CHICAGO, Nov. 2, 2021 /PRNewswire/ -- CME Group , the world's leading and most diverse derivatives marketplace, today reported its October 2021 market statistics, showing average daily volume (ADV) increased 32 percent to 20.4 million contracts during the month.

Key Points: 
  • CHICAGO, Nov. 2, 2021 /PRNewswire/ -- CME Group , the world's leading and most diverse derivatives marketplace, today reported its October 2021 market statistics, showing average daily volume (ADV) increased 32 percent to 20.4 million contracts during the month.
  • Market statistics are available in greater detail at https://cmegroupinc.gcs-web.com/monthly-volume .
  • 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.

OKEx launches CME-like portfolio margin system for the crypto industry

Retrieved on: 
Monday, November 1, 2021
Risk, API, OKEx, GLOBE, SPAN, Risk management, Industry, CME Group, Decentralized finance, Cryptocurrency

Portfolio margin on OKEx is designed for high-volume professional traders, including market makers and institutions, looking to substantially reduce their capital requirements.

Key Points: 
  • Portfolio margin on OKEx is designed for high-volume professional traders, including market makers and institutions, looking to substantially reduce their capital requirements.
  • A risk management system similar to portfolio margin standardized portfolio analysis of risk, or SPAN was first pioneered for traditional finance participants by the world's largest derivatives exchange, CME Group.
  • With the release of the new portfolio margin mode on OKEx, the platform is leading the way in the cryptocurrency industry by introducing this powerful tool for capital efficiency enhancement and risk management.
  • With its new portfolio margin mode, alongside industry leading liquidity, OKEx is showing its commitment to providing the most advanced tools and best possible trading experience for its customers.