Extended sponsorship through 2027 comes as LPGA concludes record-setting 2024 season2024 CME Group Tour Championship winner to receive record $4 million prizeNAPLES, Fla., Nov. 20, 2024 /PRNewswire/ -- The Ladies Professional Golf Association (LPGA) and CME Group, the world's leading derivatives marketplace, today announced an extension of the CME Group Tour Championship and the season-long Race to the CME Globe through 2027. Since assuming title sponsorship of the LPGA Tour's season-ending tournament in 20 ...

First contracts based on an Optimal Blue Mortgage Market Index CHICAGO, Nov. 19, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced it will expand its interest rate complex with the addition of Mortgage Rate futures in January 2025, pending regulatory review."For the first time ever, market participants will have a precise and highly-efficient tool for managing risk across mortgage pipelines, servicing rights and securities," said Agha Mirza, CME Group Global Head ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _________________________________________________________ FORM 10-Q _________________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 - OR - ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission fi ...

Chief Financial Officer Lynne Fitzpatrick Appointed to President and CFO Chief Operating Officer Julie Holzrichter to Step Down and Assume Advisory Role Suzanne Sprague to Succeed Holzrichter CHICAGO, Nov. 7, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that its Board will extend Chairman and Chief Executive Officer Terry Duffy's contract through December 31, 2026.The company also announced Lynne Fitzpatrick will take on the expanded role of President and Chi ...

Indiana University took first place, with the rest of the top five from outside the United States Record participation from nearly 570 teams across 24 countries CHICAGO, Nov. 7, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced the winners of its 21th annual University Trading Challenge, led by Indiana University. 21st Annual CME Group University Trading Challenge Winners Team Position University Name Country First Place Indiana University United State ...

Record October ADV for interest rate, energy, metals and agricultural products Record October ADV across U.S. Treasury and SOFR complexes All-time record monthly ADV in U.S. Treasury options and energy optionsCHICAGO, Nov. 4, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today reported its October 2024 market statistics, with average daily volume (ADV) reaching 24.3 million contracts, the second-highest October volume ever. Market statistics are available in greater detail at ...

CHICAGO, Oct. 29, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced it has received approval from the National Futures Association (NFA) to establish a futures commission merchant (FCM). "We are pleased that the NFA has approved our FCM application," said Terry Duffy, Chairman and Chief Executive Officer, CME Group. "We remain committed to the FCM model and believe in the time-tested risk management benefits it continues to provide. At the same time, as our industr ...

CHICAGO, Oct. 29, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced its new Spodumene CIF China (Fastmarkets) futures have launched and are available for trading. A total of 29 contracts traded on the first day, with participation from a number of firms including JA Commodities (Zhejiang) Ltd, Mitsubishi Corporation RTM International Pte Ltd, Wogen Resources Limited and Wooray Commodities Pte Ltd. The first trade was executed by Freight Investor Services Ltd."We ar ...

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 CME 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 than from Seeking Alpha). ...

Core Viewpoint - CME Group reported strong third-quarter 2024 results, with adjusted earnings per share of $2.68, exceeding estimates and showing a year-over-year increase of 19.1% [1] Financial Performance - Revenues reached $1.6 billion, marking an 18.4% increase year over year, driven by higher clearing and transaction fees (up 19.5%), market data and information services (up 6.3%), and other revenues (up 28.8%) [2] - Total expenses rose 8.2% year over year to $560.2 million, primarily due to increased compensation, technology costs, and licensing fees, surpassing estimates [2] - Operating income increased by 24.8% to $1 billion, exceeding estimates [2] - Average daily volume (ADV) was 28.2 million contracts, with significant growth in non-U.S. ADV, particularly in EMEA (up 30%) and Asia (up 28%) [2] Financial Update - As of September 30, 2024, CME Group had $2.3 billion in cash and marketable securities, a decrease of 19.5% from the end of 2023 [3] - Long-term debt stood at $2.7 billion, down 21.8% from the end of 2023 [3] - Shareholders' equity was valued at $28.2 billion, reflecting a 5.5% increase from the end of 2023 [3] Capital Deployment - CME Group has paid out $419 billion in dividends, totaling $25.6 billion since the introduction of its variable dividend policy in early 2012 [4] Market Position - CME Group currently holds a Zacks Rank of 2 (Buy), indicating a favorable outlook in the market [5]