CHICAGO, Oct. 2, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced plans to launch options on six E-mini Select Sector futures, as well as on Dow Jones U.S. Real Estate Index futures, on October 28, pending regulatory review. "These new options on our liquid sector futures are designed to help clients manage volatility in individual equity sectors, particularly amid significant dispersion across sectors this year," said Paul Woolman, Global Head of Equity Index Pro ...

Core Insights - CME Group reported record average daily volume (ADV) of 28.3 million contracts in Q3 2024, representing a 27% increase year-over-year, and 28.4 million contracts in September 2024, up 25% year-over-year [1][2][3] Q3 2024 Highlights - Record Interest Rate ADV reached 14.9 million contracts, with U.S. Treasury complex hitting 8.4 million contracts and SOFR futures at 4.1 million contracts [2][3] - Equity Index ADV was 7.4 million contracts, an increase of 17%, with record Q3 Equity Index options ADV of 1.6 million contracts [3][4] - Energy ADV increased by 21% to 2.6 million contracts, with record Q3 Energy options ADV of 425,000 contracts [3] - Agricultural ADV reached a record of 1.6 million contracts, with corn futures ADV increasing by 28% to 378,000 contracts [3] - International ADV was 8.4 million contracts, with EMEA ADV at 6.2 million contracts, Asia ADV up 28%, and Latin America up 11% [3] September 2024 Highlights - Record September Interest Rate ADV of 14.8 million contracts, with U.S. Treasury futures and options ADV at 7.1 million contracts [3][4] - Record September SOFR futures and options ADV of 6.9 million contracts, and Interest Rate options ADV of 3.4 million contracts [3] - International ADV increased by 30% to 8.8 million contracts, with record EMEA ADV of 6.5 million contracts [4]

CHICAGO, Oct. 1, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that its Bitcoin Friday futures (BFF) have launched and are available for trading. 31,498 contracts traded across two different contract weeks. The first trade, a block, took place on Sunday, September 29 and was executed by Galaxy and Marex. "With more than 31,000 contracts traded on day one, Bitcoin Friday futures have become our most successful crypto futures launch ever," said Giovanni Vicioso, ...

CHICAGO, Sept. 30, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that it will expand its battery metals suite and launch a Spodumene CIF China (Fastmarkets) Futures contract on October 28, 2024, pending regulatory review. "Our suite of cobalt and lithium products serve an important role in the rapidly evolving battery metals space, with industry adoption accelerating," said Jin Hennig, Global Head of Metals at CME Group. "With this launch of Spodumene futures, ...

Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial . Analyst's Disclosure: I/we have a beneficial long position in the shares of TPL, LB, GE, UNP, CME, DHR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other tha ...

Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial . It's time to talk about the Fed, which may be one of the biggest components of the "big picture" we discuss in most of my articles. After all, the world's most influential central bank controls the main interest rate of the biggest Analyst's Disclosure: I/we have a beneficial l ...

CHICAGO, Sept. 18, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that its deeply liquid SOFR futures reached a new, all-time record average daily volume (ADV) of 5.4 million contracts in September and an open interest record of 13,159,646 contracts on September 17. Additionally, SOFR futures now have a record 1,144 large open interest holders (LOIH), based on the CFTC's latest Commitments of Traders report. "Our SOFR futures are the world's most actively traded ...

For Immediate Release Chicago, IL – September 18, 2024 – Today, Zacks Equity Research discusses Intercontinental Exchange (ICE) , CME Group (CME) , Nasdaq Inc. (NDAQ) , Cboe Global Markets (CBOE) and MarketAxess (MKTX) . Industry: Securities and Exchanges Link: https://www.zacks.com/commentary/2337271/5-securities-and-exchanges-stocks-to-watch-amid-marketvolatility Compelling and diversified product portfolios help drive revenues of Zacks Securities and Exchanges industry players. An increase in trading vol ...

Group 1 - CME Group's Chairman and CEO Terry Duffy will participate in a fireside chat at the 22nd Annual Barclays Global Financial Services Conference on September 9, 2024, at 2:45 p.m. Eastern Time [1] - The presentations will be broadcast live on the Internet, accessible via the Investor Relations section of CME Group's website, with a replay available approximately 24 hours after the conference [2] - CME Group is the world's leading derivatives marketplace, enabling clients to trade various financial instruments and manage risk effectively [3] Group 2 - CME Group offers a wide range of global benchmark products across major asset classes, including interest rates, equity indexes, foreign exchange, energy, agricultural products, and metals [3] - The company provides futures and options trading through the CME Globex platform, fixed income trading via BrokerTec, and foreign exchange trading on the EBS platform [3] - CME Group operates one of the leading central counterparty clearing providers, CME Clearing [3]

Core Viewpoint - CME Group Inc. has underperformed compared to the industry and S&P 500, with a 6.1% gain over the past year versus 20.3% and 23.6% respectively [1] Financial Performance - CME's return on equity over the trailing 12 months was 12.8%, below the industry average of 13.2%, indicating inefficiency in fund utilization [4] - The return on invested capital was 0.4%, significantly lower than the industry average of 4.8% [4] - The company expects expenses, excluding license fees but including cloud migration costs, to reach $1.585 billion in 2024 [3] Growth Projections - The Zacks Consensus Estimate for CME's 2024 earnings per share indicates a year-over-year increase of 6.4%, with revenues projected at $6.01 billion, reflecting a 7.7% improvement [5] - For 2025, revenue estimates suggest a year-over-year increase of 2.7% from 2024 [5] Analyst Sentiment - Six out of eight analysts have raised their estimates for 2024, while two have lowered them; for 2025, seven out of nine analysts have raised estimates [6] - The consensus estimates for 2024 and 2025 have increased by 1.5% and 0.9% respectively over the past 60 days [6] Market Position and Strategy - CME Group holds a 90% market share in global futures trading and clearing services, benefiting from increased electronic trading volume and crypto asset adoption [6] - The company has maintained a free cash flow conversion rate of over 85% in recent quarters, indicating strong earnings [8] - CME's solid capital position supports strategic organic initiatives and product expansion [7] Dividend History - CME has returned approximately $25.2 billion to shareholders since initiating its variable dividend policy in 2012, with a five-year CAGR of 8.9% [10] - The latest dividend increase of 4.5% in February 2024 results in a dividend yield of 2.1%, surpassing the industry average of 1.5% [10] Valuation - CME Group is trading at a forward 12-month price-to-earnings ratio of 21.76X, lower than the industry average of 23.63X, presenting a compelling investment opportunity [12]