JUST IN: CME Group to offer 24/7 Bitcoin and crypto trading 🚀 ...

Market Trend - CME Group 将于 2026 年推出 24/7 全天候加密货币期货和期权交易 [1]

Core Insights - CME Group will offer 24/7 trading for its cryptocurrency futures and options starting in early 2026, pending regulatory review [1][2] - The decision is driven by increasing client demand for continuous trading to manage risk effectively [2] - CME Group's cryptocurrency products have seen record trading volumes in 2025, indicating strong market interest [3][5] Trading Details - The continuous trading will occur on the CME Globex platform, with a two-hour maintenance period each week [2] - All trades executed during holidays or weekends will be dated for the next business day, with clearing and settlement processed accordingly [2] Market Performance - CME Group reported a record notional open interest of $39 billion on September 18, 2025 [5] - August 2025 saw an average daily open interest of 335,200 contracts, a 95% increase year-on-year, representing an average notional value of $31.6 billion [5] - The average daily volume (ADV) for August reached 411,000 contracts, up 230% year-on-year, equating to a notional value of $14.9 billion [5] - There were over 1,010 large open interest holders in cryptocurrency products during the week of September 25, 2025 [5]

Core Insights - CME Group reported record average daily volume (ADV) of 25.3 million contracts in Q3 2025 and 26.1 million contracts in September 2025, marking the second-highest ADV on record for both periods [1][2] Q3 2025 Highlights - Interest Rate ADV reached 13.4 million contracts, with U.S. Treasury options ADV increasing by 7% to 1.4 million contracts and 30 Day Fed Funds futures ADV increasing by 5% to 555,000 contracts [3] - Equity Index ADV was 6.3 million contracts, while Energy ADV stood at 2.3 million contracts [3] - Agricultural ADV totaled 1.7 million contracts, with Soybean Meal futures ADV increasing by 5% to 176,000 contracts [3] - Foreign Exchange ADV was 834,000 contracts, and Metals ADV reached 825,000 contracts [3] - Cryptocurrency ADV hit a record of 340,000 contracts, representing a notional value of $14.1 billion [3] - International ADV was 7.4 million contracts, with EMEA ADV at 5.4 million contracts, APAC ADV at 1.7 million contracts, and Latin America ADV at 151,000 contracts [3] September 2025 Highlights - Interest Rate ADV was 13.3 million contracts, with U.S. Treasury options ADV increasing by 21% to 1.5 million contracts and 30 Day Fed Funds futures ADV increasing by 5% to 743,000 contracts [3] - Equity Index ADV reached 7 million contracts, while Energy ADV remained at 2.3 million contracts [3] - Agricultural ADV was 1.5 million contracts, with Foreign Exchange ADV at 1.1 million contracts and Metals ADV at 1 million contracts [3] - Micro Gold futures ADV increased by 214% to 347,000 contracts, and Cryptocurrency ADV was 309,000 contracts, with a notional value of $13.7 billion [3] Additional Information - BrokerTec U.S. Repo average daily notional value (ADNV) increased by 31% to a record $401 billion, while European Repo ADNV increased by 4% to €298 billion [3] - Customer average collateral balances for cash collateral were $132.7 billion and for non-cash collateral were $153 billion for the rolling 3-months ending August 2025 [3]

Go get em. Fuck em up! Perps4 da people.Nick Preszler (@NickPreszler):There's no way that just happened.CME Group CEO Terrence Duffy just flipped off Polymarket CEO Shayne Coplan during the SEC-CFTC roundtable.This is wild. https://t.co/ddnbbCbpbG ...

Me when I have to pay taxes https://t.co/HwzmTh5G0PWendy O (@CryptoWendyO):Apparently…CME Group CEO flipped of the Polymarket CEO during the CFTC SEC roundtableIf this is real …1) Hilarious because ridiculous 2) Show regardless of wealth or status, they are just people https://t.co/bx4J24Y75o ...

Crazy man CEO of CME uses Kalshi? https://t.co/sErpRtO0WlNoah 💥 (@Nostroah):Terrence Duffy, the CEO of @CMEGroup, jokes about using @Kalshi while in Las Vegas. @mansourtarek_ quickly asked how much Terrence made."You made money, I broke even!" https://t.co/NBC9pC1XMW ...

And THIS is why we watch the Roundtable lmao.Crazy sceneshttps://t.co/KmfIxJXImKNick Preszler (@NickPreszler):There's no way that just happened.CME Group CEO Terrence Duffy just flipped off Polymarket CEO Shayne Coplan during the SEC-CFTC roundtable.This is wild. https://t.co/ddnbbCbpbG ...

Core Insights - CME Group has filed with the CFTC to expand its cross-margining agreement with DTCC, aiming to enhance capital efficiencies for end user clients by December 2025, pending regulatory approval [1][2][3] Group 1: Cross-Margining Agreement - The proposed enhancement will allow eligible end user clients with positions at CME Group and DTCC's Fixed Income Clearing Corporation to achieve capital efficiencies when trading U.S. Treasury securities and CME Group interest rate futures with offsetting risk exposures [3][4] - Clients must use the same dually-registered Futures Commission Merchant and broker/dealer at both clearinghouses to participate in end-user cross-margining [4] Group 2: Company Background - CME Group is recognized as the world's leading derivatives marketplace, facilitating trading across various asset classes and providing risk management solutions [6] - DTCC, with over 50 years of experience, serves as the premier post-trade market infrastructure, processing securities transactions valued at U.S. $3.7 quadrillion in 2024 [8]

Core Insights - CME Group Inc. shares have increased by 23.1% over the past year, outperforming the industry growth of 5.8%, the Finance sector's return of 17.2%, and the S&P 500 composite's appreciation of 17.6% [1] - CME Group's market capitalization stands at $96.84 billion, with an average trading volume of 2 million shares over the last three months [1] - The company has a strong track record of beating earnings estimates, achieving this in three of the last four quarters with an average beat of 1.62% [1] Valuation - CME Group shares are currently trading at a forward price-to-earnings ratio of 23.44X, which is lower than the industry average of 24.19X, indicating that the shares are undervalued [2] - Other companies in the sector, such as Intercontinental Exchange Inc. and Nasdaq, are also trading at discounts to the industry average, while Cboe Global Markets is trading at a higher multiple [3] Technical Analysis - CME shares closed at $268.73, trading above the 200-day simple moving average of $261.41, suggesting solid upward momentum [4] Revenue Drivers - CME's primary revenue source comes from clearing and transaction fees, which are bolstered by market volatility [7] - The growth in electronic trading and increased interest in cryptocurrencies are also contributing to revenue growth [7] Growth Projections - The Zacks Consensus Estimate projects an 8.7% year-over-year increase in earnings per share (EPS) for 2024, with revenues expected to reach $6.53 billion, reflecting a 6.5% year-over-year improvement [9] - For 2026, EPS and revenue estimates indicate increases of 3.6% and 4.7%, respectively, compared to 2025 estimates [9] Analyst Sentiment - Two out of eleven analysts have raised their earnings estimates for 2025 and 2026 in the past 60 days, leading to a 0.2% upward revision in the Zacks Consensus Estimate for both years [10] Price Target - The average price target from 18 analysts is $286.17 per share, indicating a potential upside of 8.2% from the last closing price [11] Market Position - CME Group benefits from strong organic growth, particularly during periods of heightened market volatility, which increases trading activity and revenue from fees [13] - The company is well-positioned to capitalize on a more crypto-friendly regulatory environment, which is expected to enhance its growth prospects [14] Financial Performance - CME has demonstrated strong financial performance, with free cash flow conversion exceeding 85% in recent quarters, indicating solid earnings quality [15] - The company maintains a robust capital base that supports growth initiatives, including expanding its market data business and product offerings [15] Dividend Policy - CME Group has a strong dividend history, paying five dividends per year, with the fifth being variable based on excess cash flow, making it attractive for yield-seeking investors [16] Investment Outlook - Given its solid growth projections, attractive valuation, and positive analyst sentiment, CME Group is considered a compelling investment opportunity [17]