Core Insights - CME Group has set a new record for open interest in SOFR futures, reaching 12,701,232 contracts on August 28, 2024, with an average daily volume of 3.5 million contracts year-to-date [1][2] Group 1: SOFR Futures Performance - The average daily volume for CME Group SOFR options is 1.6 million contracts year-to-date, with open interest exceeding 42 million contracts [2] - SOFR futures, launched in May 2018, have seen broad participation from various market participants including global banks, hedge funds, and asset managers [3] Group 2: Market Position and Offerings - CME Group is recognized as the world's leading derivatives marketplace, providing tools for managing interest rate risk with high efficiency and liquidity [2] - The company offers a wide range of global benchmark products across major asset classes, including interest rates, equity indexes, foreign exchange, energy, agricultural products, and metals [4]

Investors in CME Group Inc. (CME) need to pay close attention to the stock based on moves in the options market lately. That is because the Sep. 20, 2024 $180 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also m ...

CME Group logo displayed on a phone screen and a laptop keyboard are seen in this illustration photo ... [+] taken in Krakow, Poland on January 29, 2023. (Photo by Jakub Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images CME Group's stock (NASDAQ: CME) has largely traded sideways since the beginning of the year and has not seen much change as compared to the 17% rise in the S&P 500 over the same period. In sharp contrast, CME Group's peer Intercontinental Exchange (NYSE: ICE) is up 25% YTD. We be ...

CHICAGO, Aug. 28, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that it will launch two new wheat spread futures contracts on October 14, pending regulatory review. The CBOT Wheat - Euronext Milling Wheat No. 2 Spread futures contract and the KC HRW Wheat - Euronext Milling Wheat No. 2 Spread futures contract will each be U.S. dollar-denominated in metric tons and based on the spread between either CBOT Wheat futures prices or KC HRW Wheat futures prices and Eu ...

CHICAGO, Aug. 27, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced it will further expand its cryptocurrency derivatives offerings with the introduction of 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 York Variant (BRRNY) at 4:00 p.m. New York time every Friday. A new BFF contract will be listed every Th ...

18 il and and and Richard Drury Much attention is focused on owning hard assets such as physical real estate and energy pipelines, and while those are great asset classes to have in a portfolio, financial real estate can be just as compelling for long-term investors. What I would call financial real estate includes investment platforms like the Intercontinental Exchange (ICE) and Nasdaq (NDAQ), which facilitate global trading activity. Thanks to the digitization of trading platforms, transaction volume has ...

Core Insights - CME Group has opened registration for the 21st annual University Trading Challenge, scheduled from October 6 to October 31, 2024, with a registration deadline of October 2, 2024 [1][4] - The challenge is designed for undergraduate and graduate students globally, allowing them to manage mock investment portfolios while addressing various marketplace risks [2][4] - Last year's competition featured over 400 teams and 1,865 students from 24 countries, with the winning team from Universidad De Guadalajara, Mexico [4] Educational Focus - The University Trading Challenge provides an interactive experience for students to learn about managing investment portfolios using a professional trading platform [3] - Participants will receive market-related data and news, including live updates from Dow Jones and The Hightower Report, to enhance their trading skills [3][5] - CME Group emphasizes the importance of risk management and global derivatives markets through educational initiatives like this challenge and other resources [5] Company Overview - CME Group is the leading derivatives marketplace, facilitating trading in futures, options, cash, and OTC markets, and providing tools for risk management [6] - The company offers a wide range of global benchmark products across major asset classes, including interest rates, equity indexes, foreign exchange, energy, agricultural products, and metals [6] - CME Group operates the CME Globex platform for futures and options trading, BrokerTec for fixed income trading, and EBS for foreign exchange trading [6]

A month has gone by since the last earnings report for CME Group (CME) . Shares have added about 5.1% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is CME due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. CME Group Q2 Earnings Top on Record Trading Volume CME Group re ...

Over the past couple of weeks, global markets have experienced significant price volatility due to fears of recession. Things got serious when the nonfarm payroll data for July was released, achieving a significantly lower figure than the one expected. At the same time, the unemployment rate turned out hotter than expected, triggering the Sahm Rule, which is an early indicator of a possible recession. With all of that, the expectations for a 50 basis point rate cut in September soared, making the Japanese y ...

The cryptocurrency market suffered a severe blow in the first week of August. Bitcoin (BTC), the largest cryptocurrency globally, hit an all-time high of $73,750 on Mar 14. However, the broader market bloodbath last week also saw cryptocurrencies suffering. Consequently, Bitcoin fell to below $55,000. This year, Bitcoin gathered momentum after the Securities and Exchange Commission approved 11 spot Bitcoin exchange-traded funds (ETFs) in January. The ETFs represent a landmark in Bitcoin's journey, offering ...