Tagged: cme group

August 30, 2024 @ 8:46 am By Omar Faridi  |  

CME Group said it will further expand its cryptocurrency derivatives offerings by introducing Bitcoin Friday futures (BFF) on September 30, pending regulatory review. Sized at one-fiftieth of one bitcoin, these new weekly futures contracts “will be cash-settled to the CME CF Bitcoin Reference Rate New… Read More

July 26, 2024 @ 12:48 pm By Omar Faridi  |  

CME Group Inc. (NASDAQ: CME) reported financial results for the second quarter of 2024. The company reported revenue “of $1.5 billion and operating income of $1.0 billion for the second quarter of 2024.” CME Group further noted that net income “was $883 million and diluted… Read More

July 9, 2024 @ 2:13 pm By Omar Faridi  |  

CME Group, the derivatives marketplace, announced the appointment of Mike Dennis as Global Head, Fixed Income. In this position, Dennis will oversee “the company’s largest, most actively traded global benchmark futures and options contracts on SOFR and U.S. Treasuries, including the 30-year bond, 10-, 5-… Read More

June 22, 2024 @ 11:45 am By Omar Faridi  |  

CME Group, the derivatives marketplace, announced its foreign exchange (FX) futures reached an all-time single-day volume record of 3.26 million contracts (equivalent to $314B notional) on June 12. The previous record of 3.15 million contracts ($296B notional) was “set on March 8, 2023.” In addition,… Read More

June 6, 2024 @ 12:58 pm By Omar Faridi  |  

CME Group, the derivatives marketplace, reported its May 2024 market statistics set a new average daily volume (ADV) record of 26 million contracts for the month, “up 4% from May 2023.” The company’s interest rate and metals products also “reached May ADV records, as its… Read More

May 22, 2024 @ 6:18 pm By Omar Faridi  |  

CME Group, which claims to be the leading derivatives marketplace, announced that it will continue its expansion into the fixed income markets by launching repo on corporate bonds and mortgage-backed securities (MBS) on BrokerTec Quote, its dealer-to-client (D2C) request-for-quote (RFQ) trading platform. U.S. corporate bonds… Read More

May 4, 2024 @ 1:59 pm By Omar Faridi  |  

CME Group, the derivatives marketplace, reported its April 2024 market statistics set a new average daily volume (ADV) record of 26.5 million contracts for the month, up 33% from April 2023, with double-digit growth across all asset classes. Additionally, interest rate, equity index, foreign exchange… Read More

April 21, 2024 @ 12:38 pm By Omar Faridi  |  

CME Group, the derivatives marketplace, announced that its quarterly international average daily volume (ADV) reached a record 7.4 million contracts in Q1 2024, up 2% year on year. Reflecting all trading reported from outside the United States, volume was driven “largely by 38% growth in… Read More

January 8, 2024 @ 10:31 pm By Omar Faridi  |  

CME Group, which claims to be one of the leading derivatives marketplaces, reported its full-year, Q4 and December 2023 market statistics, “showing it reached a record average daily volume (ADV) of 24.4 million contracts during the year, an increase of 5% over 2022.” Q4 ADV… Read More

December 8, 2023 @ 1:19 pm By Omar Faridi  |  

CME Group, which claims to be one of the world’s leading derivatives marketplaces, 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… Read More

December 1, 2023 @ 4:07 pm By Omar Faridi  |  

CME Group, which claims to be one of the world’s leading derivatives marketplaces,  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… Read More

November 9, 2023 @ 10:51 pm By Omar Faridi  |  

Talos, the premier provider of digital assets trading technology for institutions, announced its integration with CME Group, the derivatives marketplace. Through this integration, Talos clients can now “trade CME Group Bitcoin and Ether futures contracts using Talos’s suite of advanced execution algorithms and smart order… Read More

October 2, 2023 @ 3:20 pm By Omar Faridi  |  

CME Group, the derivatives marketplace, announced that it will launch Micro Henry Hub futures and options on November 6, “pending all relevant regulatory reviews.” These new micro contracts will “be one-tenth the size of the company’s benchmark Henry Hub futures and options and cash-settled.” Peter… Read More

September 17, 2023 @ 10:07 am By Omar Faridi  |  

CME Group, the derivatives marketplace, and The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, announced their enhanced cross-margining arrangement has received Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) approvals. The arrangement will… Read More

October 7, 2022 @ 6:18 pm By Omar Faridi  |  

CME Group, the derivatives marketplace, announced the appointment of two new global heads for its Equity Index and Cryptocurrency businesses “to continue driving product innovation and supporting long-term growth.” Paul Woolman, Global Head of Equity Index Products, will oversee the company’s Equity Index product portfolio,… Read More

August 5, 2022 @ 8:17 pm By Omar Faridi  |  

CME Group, which claims to be the world’s leading derivatives marketplace, announced its plans to further expand its cryptocurrency derivatives offering “with the introduction of Bitcoin Euro and Ether Euro futures on August 29, pending regulatory review.” Designed to match their U.S. dollar-denominated counterparts, Bitcoin… Read More

May 5, 2022 @ 7:50 am By Omar Faridi  |  

Deutsche Börse is reportedly expanding the market data offering on its Cloud-powered online analytics platform A7 in order to include historical market data from international derivatives marketplace CME Group. The two companies have reached a licensing agreement, which will allow market participants to test out… Read More

April 8, 2022 @ 5:45 pm By Omar Faridi  |  

CME Group, the derivatives marketplace, and CF Benchmarks, the provider of cryptocurrency benchmark indices, announced plans to introduce 11 new virtual currency reference rates and real-time indices, which will be “calculated and published daily by CF Benchmarks, beginning April 25.” These reference rates and indices… Read More

March 29, 2022 @ 10:34 am By Omar Faridi  |  

CME Group, the leading derivatives marketplace, has introduced options on Micro Bitcoin and Micro Ether futures, further expanding its suite of virtual currency derivatives offerings. Tim McCourt, CME Group Global Head of Equity and FX Products, stated: “The launch of these micro-sized options builds on… Read More

December 7, 2021 @ 11:17 am By Omar Faridi  |  

CME Group, which claims to be the most diverse derivatives marketplace, has launched Micro Ether futures, further “expanding its suite of cryptocurrency derivatives offerings, and marking its second micro cryptocurrency product this year.” Tim McCourt, CME Group Global Head of Equity Index and Alternative Investment… Read More