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CME Group

CME Group is the world’s leading and most diverse derivatives marketplace.

Categories

Financial and Banking  

#214

Rank

$83.86B

Marketcap

US United States

Country

CME Group
Leadership team

Brandon Gath (Founder)

Mark Fields (Founder)

Industries

Financial and Banking

Products/ Services
derivatives
Number of Employees
1,000 - 20,000
Headquarters
Chicago, Illinois, United States
Established
1848
Company Type
Public Limited Company
Company Registration
SEC CIK number: 0001156375
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
CME
Social Media
Overview
Location
Summary

CME Group Inc., together with its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. It offers futures and options products based on interest rates, equity indexes, foreign exchange, agricultural commodities, energy, and metals, as well as fixed income products. The company also provides clearing house services, including clearing, settling, and guaranteeing futures and options contracts, and cleared swaps products traded through its exchanges; and trade processing and risk mitigation services. In addition, the company offers a range of market data services, including real-time and historical data services. It serves professional traders, financial institutions, institutional and individual investors, corporations, manufacturers, producers, governments, and central banks. The company was formerly known as Chicago Mercantile Exchange Holdings Inc. and changed its name to CME Group Inc. in July 2007. CME Group Inc. was founded in 1898 and is headquartered in Chicago, Illinois.

History

The CME Group was founded in 1898 as the Chicago Butter and Egg Board, an agricultural commodities exchange. In 1919, the exchange changed its name to the Chicago Mercantile Exchange (CME). In 1972, the CME created financial futures (now called "interest rate futures") to trade different types of treasury securities. In 1982, the CME formed an official partnership with the Commodity Exchange (COMEX), a commodities-focused exchange based in New York City, giving rise to the CME Group. The CME Group's scope of business expanded dramatically in 2003 with the launch of the electronic trading platform CME Globex. In 2007, the CME acquired CBOT, the Chicago Board of Trade, in a $11 billion merger. In 2008, the CME made another major purchase, acquiring the New York Mercantile Exchange for $8 billion. Today, CME Group is the world’s leading and most diverse derivative marketplace, offering a wide range of products, from futures and options to currency and commodities, with nearly 3 billion contracts traded a year.

Mission

To provide the widest range of global benchmark products across all major asset classes, serving the risk management needs of customers around the globe.

Vision

To be the world’s most trusted markets resource, and enable our customers to manage risk, invest and succeed.

Key Team

Rumi Morales (Founder)

John W. Pietrowicz (CFO)

Ana Dutra (Board Member)

Andrew Cecere (Chief Security Officer)

Andrew Weinman (Senior Director, Operations and Settlements)

Anthony Costa Cism (Director, Global Cyberdefense Engineering & Operations, Chief Cyberdefense Engineer)

Cassie Young (Chief Customer Officer)

Charles Carey (Board Member)

Christopher Bowen (Managing Director, Chief Regulatory Counsel)

Recognition and Awards
CME Group recognizes excellence by bestowing the CME Group Investor Education Awards annually and the CME Group Market Excellence Awards every two years in several asset classes.
References
CME Group
Leadership team

Brandon Gath (Founder)

Mark Fields (Founder)

Industries

Financial and Banking

Products/ Services
derivatives
Number of Employees
1,000 - 20,000
Headquarters
Chicago, Illinois, United States
Established
1848
Company Type
Public Limited Company
Company Registration
SEC CIK number: 0001156375
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
CME
Social Media