COMEX

Lithium Royalty Corp. Reports Q4 2023 Results

Retrieved on: 
Wednesday, March 27, 2024

Atlas Lithium Das Neves Royalty: In December 2023, Atlas Lithium announced that it was fully funded to develop Phase 1 of its Das Neves project, which Atlas is targeting to produce 150,000 tpa of spodumene concentrate.

Key Points: 
  • Atlas Lithium Das Neves Royalty: In December 2023, Atlas Lithium announced that it was fully funded to develop Phase 1 of its Das Neves project, which Atlas is targeting to produce 150,000 tpa of spodumene concentrate.
  • Atlas Lithium has secured $50 million in funding through partnerships with lithium converters Chengxin Lithium and Sichuan Yahua.
  • LRC estimates that the global lithium market grew by approximately 28% in 2023, with the lithium market approaching almost 1Mt of lithium carbonate equivalent (LCE).
  • SMM reports that spodumene concentrate prices in 2023 averaged $3,610/tonne CIF (Cost, Insurance, and Freight) China, with lithium carbonate prices during 2023 averaging approximately $36,000/tonne.

CME Group €STR Options to Launch on May 20

Retrieved on: 
Tuesday, April 2, 2024

CHICAGO, April 2, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that it will launch options on Euro short-term rate (€STR) futures on May 20, 2024.

Key Points: 
  • CHICAGO, April 2, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that it will launch options on Euro short-term rate (€STR) futures on May 20, 2024.
  • "Our new €STR options will help clients more precisely manage their risk as expectations around European interest rate decisions continue to shift," said Mark Rogerson, EMEA Head of Interest Rate Products, CME Group.
  • CME Group launched the industry's first €STR futures on October 31, 2022 as a complement to SOFR futures.
  • €STR options will be listed by and subject to the rules of CME Group.

CME Group Reports March and Q1 2024 Market Statistics

Retrieved on: 
Tuesday, April 2, 2024

CHICAGO, April 2, 2024 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today reported its March and Q1 2024 market statistics, showing average daily volume (ADV) reached 24.3 million contracts in March and 26.4 million contracts in Q1.

Key Points: 
  • CHICAGO, April 2, 2024 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today reported its March and Q1 2024 market statistics, showing average daily volume (ADV) reached 24.3 million contracts in March and 26.4 million contracts in Q1.
  • Market statistics are available in greater detail at https://cmegroupinc.gcs-web.com/monthly-volume .
  • March 2024 ADV across asset classes includes:
    Additional March 2024 product highlights compared to March 2023 include:
    Q1 2024 highlights across asset classes compared to Q1 2023 include:
    As the world's leading derivatives marketplace, CME Group ( www.cmegroup.com ) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities.
  • 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 Inc. Announces First-Quarter 2024 Earnings Release, Conference Call

Retrieved on: 
Friday, March 15, 2024

CHICAGO, March 15, 2024 /PRNewswire/ -- CME Group Inc. will announce earnings for the first quarter of 2024 before the markets open on Wednesday, April 24, 2024.

Key Points: 
  • CHICAGO, March 15, 2024 /PRNewswire/ -- CME Group Inc. will announce earnings for the first quarter of 2024 before the markets open on Wednesday, April 24, 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 Executives to Present at 2024 Raymond James Annual Institutional Investors Conference

Retrieved on: 
Friday, March 1, 2024

CHICAGO, March 1, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that Global Head of Financial & OTC Products Tim McCourt, Chief Accounting Officer Jack Tobin and Executive Director of Investor Relations Adam Minick will present at the 45th Annual Raymond James Institutional Investors Conference on Tuesday, March 5, at 8:40 a.m. (Eastern Time).

Key Points: 
  • CHICAGO, March 1, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that Global Head of Financial & OTC Products Tim McCourt, Chief Accounting Officer Jack Tobin and Executive Director of Investor Relations Adam Minick will present at the 45th Annual Raymond James Institutional Investors Conference on Tuesday, March 5, at 8:40 a.m. (Eastern Time).
  • Please allow extra time prior to the presentation to visit the site and download the streaming media software required to listen to the online broadcast.
  • An audio webcast will be available for replay at the same address approximately 24 hours following the conclusion of the conference.
  • 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 Launches Clearing Service for Mexican F-TIIE Overnight Index Swaps

Retrieved on: 
Tuesday, February 20, 2024

CHICAGO, Feb. 20, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that nine market participants have cleared over-the-counter (OTC) Mexican Overnight Funding Rate (F-TIIE) index swaps since the company launched its clearing service on February 5.

Key Points: 
  • CHICAGO, Feb. 20, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that nine market participants have cleared over-the-counter (OTC) Mexican Overnight Funding Rate (F-TIIE) index swaps since the company launched its clearing service on February 5.
  • Market participants who have already cleared these swaps through CME Group include Banorte, BBVA, Goldman Sachs, HSBC, J.P. Morgan, Morgan Stanley, and Santander.
  • "Our new swaps clearing service provides critical infrastructure for clients navigating the F-TIIE benchmark transition," said Agha Mirza, CME Group Global Head of Rates and OTC Products.
  • For more information on clearing F-TIIE index swaps at CME Group, please visit https://www.cmegroup.com/articles/2023/transition-from-28d-tiie-to-tiie-... .

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

Retrieved on: 
Tuesday, February 20, 2024

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

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

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

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 .