CME Group Inc.
Coverage of CME Group Inc. in the Nexus archive.
- CME CEO Spars With CFTC Chair About Prediction Market Oversight
The head of CME Group Inc. communicated with the chairman of the Commodity Futures Trading Commission regarding oversight needs. They emphasized that the commission must enhance its efforts to prevent manipulation on prediction markets. This concern is highlighted by the growth of trading startups into multibillion-dollar businesses.
- Traders are getting a new tool to wager on the biggest U.S. stocks
CME Group Inc. is launching single-stock futures for over 50 of the largest U.S. companies, offering investors a leveraged tool to hedge or speculate on stocks like Nvidia and SpaceX without trading shares. The contracts, cash-settled on closing prices, target retail and institutional investors and will trade for 23 hours a day, with two contract sizes (100 and 10 shares).
- CME: Q2 Earnings Snapshot
CME Group Inc. reported second-quarter net income of $1.04 billion with adjusted earnings of $2.99 per share, exceeding Wall Street expectations. The company, parent to the Chicago Board of Trade, also posted revenue of $1.71 billion, above forecasts.
- CME Group to Launch US Dollar Overnight Repo Benchmark
CME Group Inc. is set to launch a US Dollar Overnight Repo Benchmark and will release earnings figures on February 10. The company is headquartered in Chicago, Illinois. This move is part of the company's operations.