Back in the beginning of April, derivatives marketplace CME Group Inc (NASDAQ:CME) has reached an all-time high quarterly average daily volume (ADV) of 22.2 million contracts during first-quarter 2018, up 30% from first-quarter 2017. The numbers continue to increase, as today the company has announced it reached average daily volume (ADV) of 20.1 million contracts…
Read moreLondon based electronic trading firm and exchange operator NEX Group PLC (LON: NXG) has announced its 2018 fiscal year results for the 12 months ended March 31, 2018, indicating modest but healthy growth across most of its business lines. This is likely the last standalone financial year report for NEX, as the company has agreed…
Read moreDerivatives marketplace CME Group Inc (NASDAQ:CME) and cryptocurrency trading platform Crypto Facilities Ltd announced that they have launched the CME CF Ether-Dollar Reference Rate (Ether Reference Rate), which will provide a daily benchmark price in U.S. dollars at 4 pm London time, and CME CF Ether-Dollar Real Time Index (Ether Real Time Index), which will allow…
Read moreDerivatives marketplace CME Group Inc (NASDAQ:CME) has announced that the WTI Light Sweet Crude Oil futures open interest reached a record 2,695,178 contracts on Friday, May 4, surpassing the previous record of 2,691,028 contracts set on November 10, 2017. Market participants are using WTI futures and options in record numbers to manage risk amid ongoing…
Read moreDerivatives marketplace operator CME Group Inc (NASDAQ:CME) has announced that WTI Light Sweet Crude Oil futures open interest reached a record 2,695,178 contracts on Friday, May 4, surpassing the previous record of 2,691,028 contracts set on November 10, 2017. Peter Keavey, CME Group Global Head of Energy said: Market participants are using WTI futures and…
Read moreThe boards of NEX Group plc (LON:NXG), CME London Limited and CME Group Inc. CME (NASDAQ:CME) have announced that they had reached an agreement on the terms of a recommended share and cash acquisition of the entire issued and to be issued share capital of NEX. The Acquisition is to be effected by means of a…
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After confirming that preliminary talks were indeed going on behind the scenes about two weeks ago, cross-ocean rival electronic market operators CME Group Inc (NASDAQ:CME) and London listed NEX Group PLC (LON:NXG) have announced that CME will be buying NEX in a £3.9 billion (USD $5.4 billion) cash and shares deal. The proposed transaction has been…
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Shares of London based electronic trading firm and exchange operator NEX Group PLC (LON: NXG) were sent soaring by more than 30% on Friday, after the company confirmed last night that it was indeed the subject of an acquisition approach by US rival CME Group Inc (NASDAQ:CME). CME's own shares didn't react much, trading up 0.6% in…
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London based electronic trading firm and exchange operator NEX Group PLC (LON: NXG) issued a press release late Thursday entitled Statement re press speculation, confirming that it has received a preliminary approach by US rival CME Group Inc (NASDAQ:CME) regarding a potential acquisition of NEX by CME. NEX issued the statement after a number of US…
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CME Group Inc (NASDAQ:CME), the world's leading and most diverse derivatives marketplace, today announced it reached an all-time high monthly average daily volume (ADV) of 27.3 million contracts during February 2018, up 48 percent from February 2017. This milestone surpasses the prior peak of 20.9 million contracts in November 2016 by 31 percent. CME saw…
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