CME Group Inc. (CME) - NASDAQ
  • Tue, Jul. 5, 8:56 AM
    • CME Group posted average daily volume in Q2 of 15.1M contracts per day, up 13% from one year earlier. For June, ADV of 16.4M contracts per day was 13% higher than the previous year.
    • Metals volume jumped 45% Y/Y, but at 483K contracts per day, constitutes a small portion of CME action.
    • Energy volume of 2.3M gained 33%.
    • Equity index volume of 3.5M rose 24%.
    • Interest rate volume of 7.3M added 5%.
    • Ag volume of 1.8M was 4% higher, and FX volume of 1M grew 3%.
    | Tue, Jul. 5, 8:56 AM
  • Thu, Jun. 9, 4:32 PM
    • A lawmaker from that cash-strapped state has proposed a financial transaction tax, estimating as much as $12B per year could be raised.
    • Calling the tax a "ridiculous" one which would destroy his business, CME Group President Terry Duffy promises to pull his company out of the state were it to become law. He notes CME has 28 other data centers around the country which would be very welcoming of a move there.
    | Thu, Jun. 9, 4:32 PM | 5 Comments
  • Thu, Jun. 2, 8:21 AM
    • May volume of 14.9M contracts per day was up 6% Y/Y. Options volume of 2.8M contracts per day was up 10%. End-of-month open interest of 113M contracts up 23% since the start of 2016.
    • Leading volume gains were energy of 2.2M contracts, up 28%; equity index of 2.6M contracts, up 23%; ag volume of 1.4M contracts, up 22%.
    • Interest rate contracts are the big bangers at CME, however, and average volume of 7.5M fell 5% from last year.
    • In other news, CME gets a boost to its Asia-Pacific operation as it's granted a license to clear interest rate swaps in Japan.
    | Thu, Jun. 2, 8:21 AM
  • Wed, May 18, 6:18 AM
    • CME (NASDAQ:CME) declares $0.60/share quarterly dividend, in line with previous.
    • Forward yield 2.54%.
    • Payable June 27; for shareholders of record June 10; ex-div June 8.
    | Wed, May 18, 6:18 AM
  • Tue, May 3, 7:38 AM
    • CME April volume at an average of 13.8M contracts per day was up 21% from one year ago. Total open interest at month-end of110M contracts up 20% Y/Y.
    • Included in this was agricultural volume at a record 1.9M contracts per day, up 52% from one year ago.
    • Interest rate volume of 5.5M contracts gained 8% Y/Y, including a doubling in Fed Funds futures to 103K.
    • Equity index volume of 2.7M up 29% Y/Y.
    • Source: Press Release
    | Tue, May 3, 7:38 AM | 1 Comment
  • Thu, Apr. 28, 7:30 AM
    • Q1 adjusted income of $390M or $1.15 per share vs. $329.5M and $0.98 one year ago.
    • Clearing and transaction fees of $796.1M vs. $708.2M a year ago. Market data and information services of $102.4M vs. $98M. Access and communication fees of $21.6M vs. $21.3M.
    • Compensation and benefits of $131.9M down from $141.3M a year ago.
    • Average daily volume of 16.9M contracts vs. 15M in Q1 last year. Average rate per contract of $0.756 vs. $0.753.
    • Conference call at 8:30 ET
    • Previously: CME EPS in-line, misses on revenue (April 28)
    • CME flat premarket
    | Thu, Apr. 28, 7:30 AM
  • Thu, Apr. 28, 7:16 AM
    • CME (NASDAQ:CME): Q1 EPS of $1.15 in-line.
    • Revenue of $934M (+10.8% Y/Y) misses by $8.43M.
    • Press Release
    | Thu, Apr. 28, 7:16 AM
  • Wed, Apr. 27, 5:30 PM
  • Wed, Apr. 13, 4:27 PM
    • CME Group (NASDAQ:CME) is shutting down its New York trading floor, as volume flags, effective at the end of this year.
    • Pending CFTC review, the exchange will shutter the floor and move options products to trading on CME Globex (and clearing through CME ClearPort).
    • Futures trading on that New York floor had ended in July 2015 and open outcry trading on remaining options products products fell by 53% since.
    • Open outcry options volume on the New York floor currently represents just 0.3% of overall energy and metals trading volume, the company says. It'll make space available for floor traders to transition to electronic trading at its Battery Park facility, and sublease its trading floor space next year.
    • Now read CME Group: Trading Activity Slows Down In December, But Sets Volume Record For The Year »
    | Wed, Apr. 13, 4:27 PM
  • Fri, Apr. 8, 11:17 AM
    • The Brazilian markets operator has sold its 4% stake in CME Group (CME -2.7%) in order to raise funds for a potential purchase of rival Cetip.
    • Source: FT
    • The 13.6M share sale netted about $1.3B for Bovespa.
    • A combination of Bovespa and Cetip would create a near-$11B company, and entrench Bovespa as the largest exchanges operator in Latin America. It would also be a windfall for IntercontinentalExchange (ICE -0.1%), a 12.5% owner of Cetip.
    • Yesterday's sale brings an end to a near decade-long cross-shareholding agreement between Bovespa and CME, and Bovespa CEO Edemir Pinto has resigned from the CME board. CME continues to hold its stake in Bovespa.
    • Now read: CME Group: Where Is The Creativity? Dump The Stock
    | Fri, Apr. 8, 11:17 AM
  • Mon, Apr. 4, 7:39 AM
    • Last quarter's volatility had CME Group (NASDAQ:CME) in high cotton, with volume averaging 16.9M contracts per day. That's a record amount for the exchange and up a full 13% from a year ago. Options volume of 3.5M contracts per day (also a record) was up 22% Y/Y.
    • March futures volume of 14.3M contacts per day was up 4% from one year ago.
    • Q1 interest rate volume of 8.2M contracts per day up 9% Y/Y. Equity index volume of 3.6M contracts up 28%. Energy volume of 2.5M up 18%.
    • Source: Press Release
    • Now read: CME Group: Where Is The Creativity? Dump The Stock
    | Mon, Apr. 4, 7:39 AM
  • Wed, Mar. 30, 10:17 AM
    • A total of 96 contracts equalling 2.4K metric tons were traded last Thursday, says CME Group.
    • "The European Premium Duty-Paid contract was the missing building block in the Premium markets," says the head of metals trading at UniCredit. "We see it as an important tool to diversify our sources of liquidity in a market that was mostly OTC and dominated by a small number of players."
    • Source: Press Release
    | Wed, Mar. 30, 10:17 AM
  • Wed, Mar. 16, 7:17 AM
    • CME Group (NASDAQ:CME) agrees to sell its Aurora data center to CyrusOne (NASDAQ:CONE) for $130M. As part of the deal, CME will enter into a 15-year lease for space, will continue to operate Globex from there, and will offer co-location services, with the ability to expand that going forward.
    • For CME's part, the deal further gets the exchange operator out of the real estate business. For CONE's part, this boosts the size of its portfolio to 33 data centers globally. This particular facility is 428K square feet.
    • Source: Press Release
    | Wed, Mar. 16, 7:17 AM
  • Fri, Mar. 11, 2:40 PM
    • Foreign-exchange trading volume at the CME hit 2.5M contracts yesterday, surpassing the previous record of 2.37M set just under six years ago.
    • Euro FX futures led the way, with $127.13B in notional traded volume in futures, and $18.5B in options.
    • Yesterday saw major whipsaw action, with the euro first diving more than 1% after the ECB cut rates and boosted QE, but fully reversing that move and closing substantially higher.
    • Source: Press Release
    | Fri, Mar. 11, 2:40 PM
  • Fri, Mar. 11, 8:34 AM
    • The analyst team lead by Brian Bedell is altering its valuation methodology for private-equity players from multiples of distributable earnings to a sum-of-the-parts model. The "volatile backdrop" makes one-two year distributable earnings estimates "highly uncertain," they say.
    • Thanks to its higher sensitivity to real estate than peers, Blackstone (NYSE:BX) is cut to Hold from Buy.
    • Within the subsector, Bedell and team like in order: Exchanges, online brokers, large-cap asset managers, trust banks, and at the end of list alternative asset managers (private-equity).
    • Their top pick in exchanges is CME Group (NASDAQ:CME), thanks to its leverage to uncertainty on global rate policy, economic growth, oil, and equity markets.
    • In online brokerage, Schwab (NYSE:SCHW) is a "solid play" on more Fed tightening.
    • In custodial names, the team continues to like a pair trade of long BNY Mellon (NYSE:BK) and short State Street (NYSE:STT).
    • For traditional asset managers, Affiliated Managers (NYSE:AMG) is especially undervalued, followed by Invesco (NYSE:IVZ), BlackRock (NYSE:BLK), and T.Rowe Price (NASDAQ:TROW).
    • In alternatives, Oaktree (NYSE:OAK) is best-positioned thanks to its ability to put money to work in distressed credit opportunities.
    | Fri, Mar. 11, 8:34 AM | 29 Comments
  • Wed, Mar. 2, 7:42 AM
    • CME Group average volume per day of 18.7M contracts gained 18% from a year ago. Options volume of 3.5M contracts per day was up 24% Y/Y.
    • Interest rate volume of 9.6M up 11% Y/Y. Eurodollar volume of 4.4M up 15%.
    • Equity index volume of 3.5M up 54% Y/Y. FX volume of 954K up 26%.
    • Energy volume of 2.7M up 13%. Ag volume of 1.4M up 2%.
    • Source: Press Release
    | Wed, Mar. 2, 7:42 AM
Company Description
CME Group, Inc. operates securities and commodity exchanges. The company serves the risk management and investment needs of customers around the globe. It offers wide range of products across various asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural... More
Sector: Financial
Industry: Investment Brokerage - National
Country: United States