JHVEPhoto Introduction Cryptocurrencies have been hot ever since the pandemic took the value of major cryptocurrencies like Bitcoin and Ethereum "to the moon." As a result, major financial institutions want in. A Wide-Moat Financial Giant With A Special Dividend The finance sector is dominated by banks. As much as I love to buy undervalued banks during recessions, their business models often do not have a moat, while the longer-term risk/reward is poor due to steep corrections when economic times are tough. ...

Additional trading highlights for AIR Total Return futures year-to-date include: AIR Total Return futures are available across a range of major global indices – S&P 500, Nasdaq-100, Russell 1000, Russell 2000, Dow Jones Industrial Average, and the FTSE 100. For more information, visit www.cmegroup.com/airtrf. CHICAGO, May 24, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that its suite of Adjusted Interest Rate (AIR) Total Return futures reached an open interes ...

Latest offering complements U.S. credit futures launching in June CHICAGO, May 21, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today 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 began trading on May 20, 2024, with the remaining products live by the end of June. Ad ...

Shares of this largest futures exchange in the world in terms of trading volume as well as notional value traded have gained 17% in a year compared with the industry's growth of 30.7%. The Zacks Consensus Estimate for CME's 2024 and 2025 bottom line has moved 1.7% and 1.6% north in the past 30 days, reflecting analyst optimism. This Zacks Rank #3 (Hold) company has a solid history of delivering earnings surprises in the last 14 reported quarters. Its earnings grew 8.7% in the last five years. Growth Drivers ...

CHICAGO, May 9, 2024 /PRNewswire/ -- CME Group Inc. (NASDAQ: CME) today announced the preliminary shareholder voting results from its 2024 annual meeting.  At the meeting, shareholders: Elected Terrence A. Duffy, Kathryn Benesh, Timothy S. Bitsberger, Charles P. Carey, Bryan T. Durkin, Harold Ford Jr., Martin J. Gepsman, Larry G. Gerdes, Daniel R. Glickman, Daniel G. Kaye, Phyllis M. Lockett, Deborah J. Lucas, Terry L. Savage, Rahael Seifu, William R. Shepard, Howard J. Siegel and Dennis A. Suskind, each f ...

| --- | --- | --- | --- | |----------------------------|----------------------|--------------------|--------| | (amounts in thousands) | Quarter March \n2024 | Ended 31, \n2023 | Change | | WTI crude oil | 1,084 | 1,067 | 2 % | | Natural gas | 848 | 599 | 42 | | Refined products | 376 | 328 | 15 | Average Rate per Contract 25 Overall average daily notional values and transactions revenue for the cash markets business and spot FX business was lower in the first quarter of 2024 when compared with the same per ...

The CME Group logo is being displayed on a smartphone screen in Athens, Greece, on January 6, 2024. ... [+] (Photo illustration by Nikolas Kokovlis/NurPhoto via Getty Images)NurPhoto via Getty ImagesCME Group’s stock (NYSE: CME) has made negligible gains YTD, as compared to the 7% rise in the S&P500 over the same period. Further, at its current price of $210 per share, it is trading 6% below its fair value of $224 – Trefis’ estimate for CME Group’s valuation. Amid the current financial backdrop, CME stock h ...

CME Group Inc. (NASDAQ:CME) Q1 2024 Earnings Conference Call April 24, 2024 8:30 AM ET Company Participants Terrence Duffy - Chairman, Chief Executive Officer Lynne Fitzpatrick - Chief Financial Officer Suzanne Sprague - Senior Managing Director, Global Head of Clearing Tim McCourt - Senior Managing Director, Global Head of Financial Derek Sammann - Senior Managing Director, Global Head of Commodities Julie Winkler - Chief Commercial Officer Sunil Cutinho - Chief Information Officer Adam Minick - Head of In ...

CME Group Inc. (CME) reported first-quarter 2024 adjusted earnings per share of $2.50, which beat the Zacks Consensus Estimate by 2.4%. The bottom line increased 3.3% year over year.Quarterly results benefited from an increase in trading volumes. Average daily volume increased in four of its six asset classes.Performance in DetailCME Group’s revenues of $1.5 billion increased 3.2% year over year. The year-over-year increase was primarily due to higher clearing and transaction fees (up 0.7% year over year), ...

CME Group (CME) reported $1.49 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 3.2%. EPS of $2.50 for the same period compares to $2.42 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.48 billion, representing a surprise of +0.83%. The company delivered an EPS surprise of +2.46%, with the consensus EPS estimate being $2.44.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street e ...