CME Group is a global futures exchange.It trades futures and options on currencies,commodities,interest rates,stock indexes and agricultural commodities.
We saw a real downturn in 2012.Our volumes are OK.There's been a lot of activity in energy and foreign exchange,said Terry Duffy,CME Group CEO.Gold coins didn't trade down.They're of more value than anything else.
Operational risk is what we all have.We're deploying so much technology on a daily basis.It allows us to be in 150 countries.The single largest investment CME has made in 150 years is technology.It's very expensive.
We pay one of the biggest dividends in the S and P 500.We feel very confident we've put the pieces together,that we can compete with anybody.
It's getting a little crowded,but that's alright.We have innovated for over a hundred years because of competition,and we think it's good,Mr.Duffy explained.
CME had a rough Q1.Profit was down 12.0%;revenue dropped 7.0% and trading fees declined.The stock was up 0.53% in Monday trading.CME has a market cap of 20.35 billion dollars.
CME Group,Inc(CME)
Showing posts with label CME Group. Show all posts
Showing posts with label CME Group. Show all posts
Tuesday, May 7, 2013
Monday, April 11, 2011
Trading Kingdom:CME Group Focused On Growth
Craig Donahue,CEO of CME Group,a family of four designated contracts markets,is a believer in consolidation of markets.Most of us are operating globally,he says.We have 150 countries trading on our platform.
The CME Group maintains trading floors in New York and Chicago,where the old open outcry trades are still performed alongside silent electronic ones.Stock and commodities futures and options,as well as foreign currencies,or forex,change hands at great speeds and big volumes.These trades both build portfolios and manage risk.
We are very focused on our core business.We have really great,compelling growth opportunities in our core business.We have been very focused on globalization for years.Consolidation and efficiencies are obviously important to investors and the industry.
We have such a large amount of customers in Europe and in Asia.We really believe in our growth opportunities as a company.We're continuing to really build out our platform.We're already operating different regulated entities.We're regulated in Europe.It's not really a barrier.
The idea of hedging and transferring risk is still relatively new.We innovate new products all the time to meet those needs.The futures and derivatives markets have been more global for 15 years.It's prone to more growth.People have global demand for forex,commodities,energy products.
We're focused on the emerging markets and see opportunities there.We'll continue to see strong growth.Commodities,forex,metals still have strong growth opportunities.We still have a large number of exchanges in the emerging markets not open to mergers and acquisitions.
Mr.Donahue is not a believer that we've seen the end of M&A in the financial markets.
CME Group consists of the CME,COMEX,CBOT and NYMEX exchanges,utilizing the Globex electronic trading platform.The acronyms stand for Chicago Mercantile Exchange,Commodities Exchange,Chicago Board of Trade,New York Mercantile Exchange.These complex markets are now more accessible to retail investors,as exchange traded funds provide easier access to their financial instruments.
CME Group(CME)
The CME Group maintains trading floors in New York and Chicago,where the old open outcry trades are still performed alongside silent electronic ones.Stock and commodities futures and options,as well as foreign currencies,or forex,change hands at great speeds and big volumes.These trades both build portfolios and manage risk.
We are very focused on our core business.We have really great,compelling growth opportunities in our core business.We have been very focused on globalization for years.Consolidation and efficiencies are obviously important to investors and the industry.
We have such a large amount of customers in Europe and in Asia.We really believe in our growth opportunities as a company.We're continuing to really build out our platform.We're already operating different regulated entities.We're regulated in Europe.It's not really a barrier.
The idea of hedging and transferring risk is still relatively new.We innovate new products all the time to meet those needs.The futures and derivatives markets have been more global for 15 years.It's prone to more growth.People have global demand for forex,commodities,energy products.
We're focused on the emerging markets and see opportunities there.We'll continue to see strong growth.Commodities,forex,metals still have strong growth opportunities.We still have a large number of exchanges in the emerging markets not open to mergers and acquisitions.
Mr.Donahue is not a believer that we've seen the end of M&A in the financial markets.
CME Group consists of the CME,COMEX,CBOT and NYMEX exchanges,utilizing the Globex electronic trading platform.The acronyms stand for Chicago Mercantile Exchange,Commodities Exchange,Chicago Board of Trade,New York Mercantile Exchange.These complex markets are now more accessible to retail investors,as exchange traded funds provide easier access to their financial instruments.
CME Group(CME)
Sunday, February 20, 2011
Advantage View:Evaluating This Bull Market
We are seeing bullish sentiment extremes,and this shows that the bull market is unsustainable,according to Walter Zimmerman,Chief Technical Analyst at United ICAP.We are likley to see the highs for the year this month.Be wary of any sudden moves to the downside.
Everyone is long,waiting for the next rally.Everyone is already in the market.All the mergers are also a sign.It's not just individuals that are bullish.Historically,market tops have been marked by big financial mergers such as the recently announced Deutsche Boerse-NYSE/Euronext or the CME-NYMEX tie-ups.
United ICAP is a technical advisory service and inter-dealer energy broker.It provides analysis to the energy industry,as well as the average trader and investor.
Everyone is long,waiting for the next rally.Everyone is already in the market.All the mergers are also a sign.It's not just individuals that are bullish.Historically,market tops have been marked by big financial mergers such as the recently announced Deutsche Boerse-NYSE/Euronext or the CME-NYMEX tie-ups.
United ICAP is a technical advisory service and inter-dealer energy broker.It provides analysis to the energy industry,as well as the average trader and investor.
Sunday, May 30, 2010
CME Does It Best
Mark Fisher of MBF Asset Management has been analyzing the recent flash crash in U.S. markets.He says computers took his job away on the trading floor.They process 20,000 orders in a millisecond.If the flash crash had happened at 10:30 in the morning instead of in the afternoon,it would have been a complete disaster,with the European markets being still open.
The computer types are making a lot of money.It's games,arbitraging back and forth.In times of stress,people cut back their trading,thinning volume dangerously.At that point,anything can and will happen.The Chicago Mercantile Exchange puts the market in suspension for a few seconds;it works.It's like at the Indy 500 putting out a yellow caution flag.Indeed,the Securities and Exchange Commission is planning to institute such brakes on erratic trading.
With regard to the Euro Zone debt problem,in Mr.Fisher's view,it will never work out with the Euro.You've got the Germans,working a 40-hour week,bailing out a different culture.Wait till you see the German elections.
The computer types are making a lot of money.It's games,arbitraging back and forth.In times of stress,people cut back their trading,thinning volume dangerously.At that point,anything can and will happen.The Chicago Mercantile Exchange puts the market in suspension for a few seconds;it works.It's like at the Indy 500 putting out a yellow caution flag.Indeed,the Securities and Exchange Commission is planning to institute such brakes on erratic trading.
With regard to the Euro Zone debt problem,in Mr.Fisher's view,it will never work out with the Euro.You've got the Germans,working a 40-hour week,bailing out a different culture.Wait till you see the German elections.
Subscribe to:
Posts (Atom)