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CME Group Inc. (CME)

  • Thu, Nov. 19, 7:35 AM
    • It's latest challenge to the London Metal Exchange's dominance in industrial metals trading, CME Group says it will launch a Japanese aluminum contract next month.
    • The 25-ton cash-settled contract is set to begin trading on Globex on Dec. 7.
    • The Japan addition joins CME aluminum contracts for the U.S. and Europe.
    • The LME will launch its new physically-settled aluminum contract on Monday.
    • CME has a zinc contract and is launching one for lead next week.
    | Thu, Nov. 19, 7:35 AM | Comment!
  • Thu, Nov. 12, 6:56 AM
    • CME (NASDAQ:CME) declares $0.50/share quarterly dividend, in line with previous.
    • Forward yield 2.04%
    • Payable Dec. 28; for shareholders of record Dec. 10; ex-div Dec. 8.
    | Thu, Nov. 12, 6:56 AM | Comment!
  • Tue, Nov. 3, 7:40 AM
    • October 2015 volume for CME Group averaged 12.8M contracts per day, down 27% from one year ago. Average daily volume to date this year is 14.1M contracts, up 3% from the same period last year.
    • Interest rate volume of 5.8M contracts per day down 37% Y/Y, with Eurodollars of 2M down 46%.
    • Equity index volume of 2.7M cpd fell 33%. FX volume of 735K down 25%.
    • Energy volume of 2.1M gained 17%. Ag volume of 1.2M slipped 5%.
    • Source: Press Release
    | Tue, Nov. 3, 7:40 AM | Comment!
  • Thu, Oct. 29, 7:34 AM
    • Q3 adjusted net income of $343.9M or $1.02 per share vs. $280.8M and $0.84 one year ago.
    • Total average daily volume of 14.384M contracts up from 13.347M in Q2 and 13.493M a year ago. Interest rate volume of 6.658M vs. 7.181M a year ago. Equity volume of 3.287M vs. 2.586M. Ag volume of 1.267M vs. 1.058M.
    • Average rate per contract of $0.759 vs. $0.725 one year ago.
    • Expenses of $333.9M vs. $332M a year ago.
    • Conference call at 8:30 ET
    • Previously: CME beats by $0.03, misses on revenue (Oct. 29)
    • CME flat premarket
    | Thu, Oct. 29, 7:34 AM | Comment!
  • Thu, Oct. 29, 7:05 AM
    • CME (NASDAQ:CME): Q3 EPS of $1.02 beats by $0.03.
    • Revenue of $850.3M (+11.5% Y/Y) misses by $4.16M.
    • Press Release
    | Thu, Oct. 29, 7:05 AM | Comment!
  • Wed, Oct. 28, 5:30 PM
  • Mon, Oct. 19, 8:46 AM
    • A memorandum of understanding between the two will allow CME Group (NASDAQ:CME) to offer Offshore Chinese Renminbi Futures Contracts with physical delivery in London for the first time.
    • "The ability to transact during London hours is of paramount importance to those institutions who value flexibility in managing their positions in markets where prices can move sharply in short periods of time," says CME Group's William Knottenbelt.
    • The MOU also allows CCB to participate in the London Silver Pricing administered by CME Benchmark Europe Limited, as well facilitate the trading of CME Group products for the bank's customers in China.
    • Source: Press Release
    | Mon, Oct. 19, 8:46 AM | Comment!
  • Tue, Oct. 13, 7:23 AM
    • CME Group (NASDAQ:CME) launches a physically delivered lead futures contract with delivery locations in the U.S. and Europe. The new contract will begin trading on Nov. 23, assuming all necessary regulatory approvals.
    • The exchange operator launched Zinc and Aluminum futures earlier this year.
    • Source: Press Release
    | Tue, Oct. 13, 7:23 AM | Comment!
  • Wed, Oct. 7, 9:46 AM
    • CME Group (CME +1.9%) is boosted to Buy from Neutral at Bank of America. The $102 price target is about 13% above last night's close.
    • Up nicely earlier in 2015, CME is now just modestly in the green year-to-date despite generally rising activity on its exchanges.
    | Wed, Oct. 7, 9:46 AM | Comment!
  • Fri, Oct. 2, 7:36 AM
    • After ridiculous results among the volatility in August, things calmed down at CME Group's (NASDAQ:CME) exchanges in September, with volume averaging 14.1M contracts per day, down from 16.3M the previous month, and down 7% from one year ago.
    • Interest rate volume of 6.2M contracts per day fell 23% Y/Y, with Eurodollar futures volume of 2.3M contracts, off 30%.
    • Source: Press Release
    | Fri, Oct. 2, 7:36 AM | Comment!
  • Fri, Sep. 4, 7:26 AM
    • A new Aluminum European Premium Duty-Unpaid futures contract is set to being trading on Sept. 21.
    • It would be the first viable exchange-traded futures product allowing markets to hedge exposure to the European aluminum premium, says CME's Young-Jin Chang.
    • Source: Press Release
    | Fri, Sep. 4, 7:26 AM | Comment!
  • Wed, Sep. 2, 7:34 AM
    • CME Group average volume of 16.3M contracts per day was up a full 25% from a year ago, and included average volume of 23M contracts during the month's final week - the highest weekly average ever.
    • Interest rate volume of 7.9M contracts per day gained 8% Y/Y.
    • Equity index volume of 3.7M contracts up 61%.
    • FX volume of 890K up 33%. Ag commodities volume of 1.3M up 25%. Energy volume of 2.1M up 46%.
    • Source: Press Release
    | Wed, Sep. 2, 7:34 AM | Comment!
  • Tue, Aug. 18, 12:07 PM
    • Mostly an after-thought in the massive world of forex trading, CME Group's (CME +0.1%) currency futures are seeing more interest of late, perhaps as banks (where the vast majority of fx trading occurs) find themselves dealing with charges of price manipulation.
    • The number of large participants with open interest in CME currency contracts rose 16% since the year's start to 1,007. The average number of contracts traded per day of 892K is up 28% Y/Y. For comparison, the average interest rate volume per day is 5.9M contracts; equity index volume 2.5M; energy 1.8M, agricultural 1.4M.
    • “We believe that the investigations and fines have served to increase the appeal of trading on exchanges,” says Craig LeVeille, executive director of fx products at CME. "We're looking at it from a trust standpoint."
    • CME handles about $100B of notional forex volume daily versus $5.3T for the overall market.
    | Tue, Aug. 18, 12:07 PM | 1 Comment
  • Tue, Aug. 11, 12:41 PM
    • "This was part of the restructuring announced last fall designed to eliminate bureaucracy and improve our ability to serve our global client base more efficiently," says CME Group (CME -0.9%) spokeswoman Laurie Bischel of the company's cut of about 3% of it employees on Aug. 6, with about half of those roughly 80 dismissals coming from technology staff.
    • Among those exited is Brian McElligott, a managing director and global head of information products.
    • This follows the 5% staff reduction in October. Expenses in the six months ended June 30 totaled $660.3M, up 2.8% from the same period a year earlier.
    • Source: Bloomberg
    | Tue, Aug. 11, 12:41 PM | Comment!
  • Wed, Aug. 5, 6:17 PM
    • CME (NASDAQ:CME) declares $0.50/share quarterly dividend, in line with previous.
    • Forward yield 2.04%
    • Payable Sept. 25; for shareholders of record Sept. 10; ex-div Sept. 8.
    | Wed, Aug. 5, 6:17 PM | Comment!
  • Wed, Aug. 5, 10:23 AM
    • "China is key to our global growth strategy, and this MOU with CFETS marks another key development in our China roadmap," says CME Group CEO Phupinder Gill.
    • The memorandum of understanding with China Foreign Exchange Trade System was signed with a view to establish a JV in the U.S. between the two exchanges.
    • CFETS is China's largest marketplace for interest rates and forex products, and also the major trading platform and pricing center for RMB and related products.
    • Source: Press Release
    | Wed, Aug. 5, 10:23 AM | Comment!
Company Description
CME Group Inc, through its futures exchanges & clearing houses, serves the risk management & investment needs of customers. It offers products like futures & options, foreign exchange, energy, agricultural commodities, weather derivatives & real estate.