Tag: CME Group Inc (NASDAQ:CME)

CME Group Australia
October 06, 2017 BY LeapRate Staff

CME Group names Simon Raybould head of new Sydney office

Derivatives marketplace operator CME Group Inc (NASDAQ:CME) has announced the official opening of a new office in Australia. Located in Sydney's Central Business District, the new office affirms the company's commitment to growth in Asia Pacific, and comes at a time when CME Group's business in the region continues to experience healthy growth. CME Group's Q2 2017 average daily…

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cme group building
October 05, 2017 BY Valentina Kirilova

CME Group launches Wednesday Weekly FX Options

Derivatives marketplace operator CME Group Inc (NASDAQ:CME) today announced it is launching Wednesday Weekly FX options (Wednesday options) due to customer demand and significant growth in existing Weekly FX options, which expire on Friday. Wednesday options will be available in premium quoted and volatility quoted European style options with a 2 p.m. CDT fix on…

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cme group fx volumes
October 03, 2017 BY Valentina Kirilova

CME Group reaches ADV of 17 million contracts in September, up 6% MoM

Derivatives marketplace operator CME Group Inc (NASDAQ:CME) today announced that September 2017 average daily volume (ADV) reached 17 million contracts, up 13 percent compared with September 2016 and a rise of 6% MoM. CME Group September 2017 options volume averaged 3.6 million contracts per day, up 25 percent versus September 2016, with electronic options averaging…

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SFC fines
September 25, 2017 BY LeapRate Staff

Merrill Lynch gets $2.5 million CFTC fine for failures related to a CME Group investigation

The U.S. Commodity Futures Trading Commission (CFTC) has issued an Order filing and simultaneously settling charges against Merrill, Lynch, Pierce, Fenner & Smith Incorporated (Merrill Lynch), a registered Futures Commission Merchant and a unit of Bank of America Corp (NYSE:BAC), for failing to supervise its employees’ and agents’ handling of the firm’s response to a CME Group…

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cme group trading floor
September 15, 2017 BY LeapRate Staff

CME Group exits OTC Credit Default Swap business to focus on Interest Rate Swaps and FX

Derivatives marketplace operator CME Group Inc (NASDAQ:CME) has announced that it will exit the company's credit default swap (CDS) clearing business by mid-2018, freeing up $650 million in clearing member capital. Going forward, in order to meet customer needs in light of uncleared margin rules, CME will focus its over-the-counter (OTC) clearing services on interest rate…

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cme group fx volumes
September 05, 2017 BY Valentina Kirilova

CME Group reaches ADV of 16 million contracts in August, up 14% MoM

Derivatives marketplace operator CME Group Inc (NASDAQ:CME) today announced that August 2017 average daily volume (ADV) reached 16 million contracts, up 16 percent compared with August 2016 and up 14% from previous month. CME Group August 2017 options volume averaged 3.1 million contracts per day, up 30 percent versus August 2016, with electronic options averaging 2.2…

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cme europe shut
August 07, 2017 BY LeapRate Staff

CFTC vacates derivatives clearing registration of CME Europe

At the request of the CME Clearing Europe Ltd. unit of derivatives marketplace operator CME Group Inc (NASDAQ:CME), the U.S. Commodity Futures Trading Commission (CFTC) issued an order today that vacates the registration of CME Europe as a derivatives clearing organization (DCO) effective August 8, 2017. The CFTC registered CME Europe as a DCO by…

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cme group fx volumes
August 02, 2017 BY Valentina Kirilova

CME Group FX trading volumes down 15% MoM in July

Derivatives marketplace operator CME Group Inc (NASDAQ:CME) today announced that July 2017 average daily volume (ADV) reached 14 million contracts, down 1 percent compared with July 2016. CME Group July 2017 options volume averaged 2.9 million contracts per day, down 8 percent versus July 2016, with electronic options averaging 2 million contracts per day, up…

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cme europe shut
June 28, 2017 BY Valentina Kirilova

CME Group obtains regulatory clearance from CFTC to launch OTC FX options clearing

Derivatives marketplace operator CME Group Inc (NASDAQ:CME) announced today it has received regulatory clearance from the Commodity Futures Trading Commission (CFTC) to provide clearing services for over-the-counter FX options. This is a significant milestone in providing our FX clients with the broadest and most capital efficient FX clearing solution in the market," said Paul Houston,…

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Charles McVean cattle futures CFTC fine manipulative
June 21, 2017 BY LeapRate Staff

McVean Trading charged with deceptive conduct in cattle futures market, $5 million in fines handed out

The U.S. Commodity Futures Trading Commission (CFTC) today entered an Order filing and simultaneously settling charges against Respondents McVean Trading & Investments, LLC (MTI), a Memphis-based Futures Commission Merchant (FCM), its Chairman and CEO, Charles Dow McVean, Sr. (McVean, pictured above), and President, Michael J. Wharton (Wharton), and long-time MTI consultant Samuel C. Gilmore (Gilmore).…

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