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CME Group

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CME Group Inc.
Company typePublic
NasdaqCME
S&P 500 Component
IndustrySecurity & commodity exchanges
Headquarters,
Key people
Craig S. Donohue (CEO), Terrence A. Duffy (Exec. Chairman)
RevenueUS$3 billion (2010), US$2.56 billion (2008)
US$1.83 billion (2010), US$1.58 billion (2008)
US$0.95 billion (2010), US$0.72 billion (2008)
Total assetsUS$38 billion (2010), US$48.13 billion (2008)
Total equityUS$20 billion (2010), US$18.69 billion (2008)
Number of employees
2300 (12/31/2008)
Websitewww.cmegroup.com

CME Group Inc. (NasdaqCME) owns and operates large derivatives and futures exchanges in Chicago and New York City, as well as online trading platforms. It also owns the Dow Jones stock and financial indexes. The exchange-traded derivative contracts include futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, rare and precious metals, weather and real estate.[2]

The corporate world headquarters are in the Chicago Loop financial district. The corporation was formed by the 2007 merger of the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT). On March 17, 2008, it announced its acquisition of NYMEX Holdings, Inc., parent company of the New York Mercantile Exchange and Commodity Exchange, Inc (COMEX), which was formally completed on August 22, 2008.[3] The four exchanges now operate as designated contract markets (DCM) of the CME Group.[4]

On February 10, 2010, CME announced its purchase of 90% of Dow Jones Indexes including the Dow Jones Industrial Average.[5]

CME Group as the world's largest future exchanges has announced that the company will allow international investors to use the Chinese currency Renminbi as collateral for trading in all its futures products starting January 2012.[6]

CME Group owns 5% of BM&F Bovespa, the São Paulo stock exchange operator. BM&F Bovespa owns also 5% of CME Group.[7]

See also

References

  1. ^ "Company Profile for CME Group Inc (CME)". Retrieved 2008-10-22.
  2. ^ http://cmegroup.mediaroom.com/index.php?s=43&item=3088
  3. ^ CME Group Inc. Completes Acquisition of NYMEX Holdings, Inc., Expands Its Diversified Product Offerings to Include Energy and Metals and Also Announces Preliminary Election Results, 2008-08-22
  4. ^ http://www.cmegroup.com
  5. ^ Berman, Dennis K.; Mccracken, Jeffrey (February 11, 2010). "CME Buys 90% of Dow Jones Indexes". The Wall Street Journal.
  6. ^ "CME to allow renminbi as collateral". December 5, 2011.
  7. ^ "CME Group, BM&F Bovespa Partner for New Platform". abcNEWS. February 12, 2010.

External links