CME Group

CME Group Extends Employment Agreement for Chairman & Chief Executive Officer Terry Duffy through 2025

Retrieved on: 
Wednesday, December 6, 2023
CME Group, Growth, Knowledge, Management

CHICAGO, Dec. 6, 2023 /PRNewswire/ -- CME Group today announced that it will extend Chairman and Chief Executive Officer Terry Duffy's tenure through December 31, 2025, in an amended contract agreement the Board approved today.

Key Points: 
  • CHICAGO, Dec. 6, 2023 /PRNewswire/ -- CME Group today announced that it will extend Chairman and Chief Executive Officer Terry Duffy's tenure through December 31, 2025, in an amended contract agreement the Board approved today.
  • "The Board has determined retaining Terry in his current role at the helm of CME Group for another year is in the best interest of our company and shareholders.
  • We are extremely pleased he has agreed to continue serving as Chairman and Chief Executive Officer through December 2025."
  • Prior to that he was Executive Chairman and President of CME Group since 2012, Executive Chairman since 2006, and Chairman since 2002.

CME Group to Launch FX Spot+ to Connect OTC and Futures Liquidity

Retrieved on: 
Wednesday, December 6, 2023
Chicago Board of Trade, NYMEX, EBS, City, Metal, S&P Dow Jones Indices, CME, CME Group, Standard, New York Mercantile Exchange, FX, Financial services, CBOT, FX Productions, S&P, LTD, COMEX, OTC, Globe, Chicago Mercantile Exchange

CHICAGO and LONDON, Dec. 6, 2023 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today announced that it will launch CME FX Spot+, a new, all-to-all spot FX marketplace that will connect cash market participants with the company's FX futures liquidity.

Key Points: 
  • CHICAGO and LONDON, Dec. 6, 2023 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today announced that it will launch CME FX Spot+, a new, all-to-all spot FX marketplace that will connect cash market participants with the company's FX futures liquidity.
  • For the first time, spot FX participants will be able to access CME FX futures liquidity in OTC spot terms within an open, transparent, central limit order book environment, while FX futures market users will see expanded access to OTC FX liquidity.
  • CME FX Spot+ leverages FX Link, a liquid and tradable spread between OTC spot FX and CME Group's FX futures, to connect liquidity between the two trading environments.
  • "Alongside our FX futures and our EBS offerings, this new spot FX marketplace - and its unique connection with our FX futures liquidity – is the latest example of how having futures and spot markets at CME Group can support accessible, centralized liquidity within the highly fragmented FX market," said Paul Houston, Global Head of FX Products, CME Group.

CME Group Reports Highest-Ever November ADV of 28.3 Million Contracts

Retrieved on: 
Monday, December 4, 2023
CME Group, ADV

Strongest month ever for U.S. Treasury complex, with record ADV of 10.6 million contracts

Key Points: 
  • Strongest month ever for U.S. Treasury complex, with record ADV of 10.6 million contracts
    CHICAGO, Dec. 4, 2023 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today reported its November 2023 market statistics, reaching an average daily volume (ADV) of 28.3 million contracts during the month, an increase of 21% over 2022 and the company's highest-ever November ADV on record.
  • Market statistics are available in greater detail at https://cmegroupinc.gcs-web.com/monthly-volume .
  • November 2023 ADV across asset classes includes:
    Additional November 2023 product highlights compared to November 2022 include:

Students Across the Globe Awarded Top Honors During CME Group's University Trading Challenge

Retrieved on: 
Thursday, November 30, 2023
Agriculture, MAF, Risk management, Metal, CQG, CME Group, Student, Communication, Dow Jones, Marketing, Specialist, University, Life, SVP, Auction

Students learned hands-on techniques for trading agriculture, energy, metals, equity indices, interest rates and foreign exchange futures contracts using CQG 's real-time simulated electronic trading platform.

Key Points: 
  • Students learned hands-on techniques for trading agriculture, energy, metals, equity indices, interest rates and foreign exchange futures contracts using CQG 's real-time simulated electronic trading platform.
  • "We congratulate the students from around the world who participated in our 20th CME Group University Trading Challenge," said Anita Liskey, CME Group Senior Managing Director of Global Brand Marketing and Communications.
  • "Congratulations to all of the winners and participants in this year's University Trading Challenge," said Pat Kenny, SVP of Client Relations at CQG.
  • "CME Group's University Trading Challenge motivates students and opens their minds to immense opportunities," said Maf.

CME Group U.S. Treasury Futures Open Interest Surpasses Record 21 Million Contracts

Retrieved on: 
Tuesday, November 28, 2023
CFTC, CME, CME Group, Risk, Treasury, CBOT, EFP, EFR, ADV, Chicago Mercantile Exchange, Overalls, Iron ore, Security (finance)

CHICAGO, Nov. 28, 2023 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today announced that open interest in its deeply liquid U.S. Treasury futures set a new record of 21,428,757 contracts on November 24.

Key Points: 
  • CHICAGO, Nov. 28, 2023 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today announced that open interest in its deeply liquid U.S. Treasury futures set a new record of 21,428,757 contracts on November 24.
  • This year, the notional value of open interest in CME Group U.S. Treasury futures grew to $2.57 trillion, an increase of 50% year-over-year, as the average daily volume (ADV) reached 5.5 million contracts, the highest annual level ever.
  • "Throughout 2023, we have seen record volume and open interest in our U.S. Treasury futures, which offer market participants the most efficient and liquid products to hedge risk across the yield curve," said Agha Mirza, CME Group Global Head of Rates and OTC Products.
  • U.S. Treasury futures receive margin offsets against existing CME Group Interest Rate products, and are listed with, and subject to, the rules of CBOT.

CME Group Named to Computerworld's 2024 Best Places to Work in IT for Sixth Consecutive Year

Retrieved on: 
Monday, November 27, 2023
Chicago Board of Trade, NYMEX, EBS, Organization, Risk management, City, Metal, S&P Dow Jones Indices, Computerworld, CME, CME Group, Standard, The Last Best Place, New York Mercantile Exchange, Financial services, CBOT, Work, S&P, LTD, Environment, HR, COMEX, OTC, Foundry, Management, Globe, Chicago Mercantile Exchange

CHICAGO, Nov. 27, 2023 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that it has been recognized by Foundry's Computerworld as one of the Best Places to Work in IT for the sixth consecutive year.

Key Points: 
  • CHICAGO, Nov. 27, 2023 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that it has been recognized by Foundry's Computerworld as one of the Best Places to Work in IT for the sixth consecutive year.
  • The Best Places to Work in IT is an annual ranking of work environments for technology professionals, recognizing the top organizations that challenge IT staff while providing great benefits and employee experiences.
  • "We are honored to be recognized by Computerworld for the sixth consecutive year as one of the world's leading IT employers," said Sunil Cutinho, Chief Information Officer at CME Group.
  • For more information on the Best Places to Work in IT, please visit here.

Wintermute Asia Announces Integration with CME Group, Executing its First Block Trade

Retrieved on: 
Tuesday, November 21, 2023
ETH, CME, CME Group, ABN, ICAP, TP, Ether, Wintermute, TP ICAP, BTC, Growth, OTC, Cryptocurrency

SINGAPORE, Nov. 21, 2023 /PRNewswire/ -- Wintermute Asia Pte. Ltd ("Wintermute Asia"), the digital asset derivatives trading arm of the Wintermute Group, the leading algorithmic trading firm and liquidity provider in digital assets, today announced that it has executed its first options block trade through CME Group. The BTC/USD block was traded between Wintermute Asia and TP ICAP and was cleared by ABN AMRO Clearing Bank N.V.

Key Points: 
  • The first block trade was completed with TP ICAP and cleared by ABN AMRO Clearing Bank N.V.
    SINGAPORE, Nov. 21, 2023 /PRNewswire/ -- Wintermute Asia Pte.
  • Ltd ("Wintermute Asia"), the digital asset derivatives trading arm of the Wintermute Group, the leading algorithmic trading firm and liquidity provider in digital assets, today announced that it has executed its first options block trade through CME Group.
  • With more derivative products on the roadmap and through a customized approach, Wintermute Asia can structure almost any trade to address different use cases, trading strategies, and market conditions.
  • By executing a block trade with TP ICAP on November 16, Wintermute Asia is further demonstrating its commitment to expanding its presence in traditional financial markets by offering secure investment solutions to its counterparties.

CME Group to Launch €STR Options in Q1 2024

Retrieved on: 
Monday, November 20, 2023
CME Group, Risk, ADV, CME, Iron ore

CHICAGO, Nov. 20, 2023 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that it will launch options on €STR futures, beginning in Q1 2024.

Key Points: 
  • CHICAGO, Nov. 20, 2023 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that it will launch options on €STR futures, beginning in Q1 2024.
  • "With consistently strong volumes, open interest in our €STR futures has continued growing exponentially during 2023, now up to 29,000 contracts, with over 80% of market participants choosing CME Group as their home for European Short Term Rate futures trading," said Mark Rogerson, EMEA Head of Interest Rate Products, CME Group.
  • In November, CME Group €STR futures reached an average daily volume (ADV) of 17,000 contracts – with a single-day record of 39,836 contracts traded on November 10.
  • For more information on €STR futures from CME Group, please visit our product page here .

AlphaPoint Celebrates 10 Years of Pioneering Digital Asset Infrastructure

Retrieved on: 
Wednesday, November 15, 2023
Entrepreneurship, CME Group, RBC, Ecosystem, Scotiabank, Blockchain, Private, OTC, Government, Name, Cryptocurrency, Financial services, Emmanuel Lubezki, Bitcoin

NEW YORK, Nov. 15, 2023 /PRNewswire/ -- AlphaPoint , a leading provider of digital asset infrastructure of exchanges, brokerages, payment networks, and banking, is proud to announce its 10th anniversary.

Key Points: 
  • NEW YORK, Nov. 15, 2023 /PRNewswire/ -- AlphaPoint , a leading provider of digital asset infrastructure of exchanges, brokerages, payment networks, and banking, is proud to announce its 10th anniversary.
  • Since its founding in 2013, AlphaPoint has been at the forefront of developing institutional-grade infrastructure to power the digital asset ecosystem.
  • As one of the earliest companies in the digital asset space, AlphaPoint's founders recognized early on the need for robust, scalable solutions to enable mainstream adoption of cryptocurrencies.
  • Click here to learn more on AlphaPoint's 10-year journey enabling the digital asset revolution.

Acumatica Tees Up Partnership with No. 1 Ranked Women's Golfer Lilia Vu

Retrieved on: 
Tuesday, November 14, 2023
Women's British Open, Woman, IndyCar, Walton Heath Golf Club, UBS, Organization, CME Group, Culture, Chevron Championship, CME Group Tour Championship, LPGA, Grand Slam (golf), Golf, Partnership, Athlete, Female, Sport, Entertainment, Acumatica

KIRKLAND, Wash., Nov. 14, 2023 /PRNewswire/ -- Acumatica, an industry-leading business solutions provider, today confirmed that it has entered into a sponsorship agreement with the top-ranked LPGA player and No. 1 golfer in the world, Lilia Vu. The partnership deepens the company's ties to and support of women's golf, reflecting Acumatica's dedication to working with the best and fostering a culture of excellence throughout its community. 

Key Points: 
  • 1 golfer in the world , Lilia Vu.
  • Lilia reflects the champion spirit and drive we're dedicated to achieving at Acumatica," said Todd Wells, Chief Marketing Officer of Acumatica.
  • With this sponsorship agreement, Vu joins Jessica Korda as part of the Acumatica LPGA team.
  • "I'm excited to welcome Lilia to the Acumatica team, a community of individuals tirelessly striving for victory and equity across business and sports," said Korda.