CHICAGO, Nov. 7, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that its Board will extend Chairman and Chief Executive Officer Terry Duffy's contract through December 31, 2026.

The company also announced Lynne Fitzpatrick will take on the expanded role of President and Chief Financial Officer. Additionally, its Chief Operating Officer Julie Holzrichter has decided to step down from her role to begin serving as an advisor to the company. Suzanne Sprague will succeed Holzrichter as Chief Operating Officer and Global Head of Clearing.

CHICAGO, Nov. 7, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced the winners of its 21th annual University Trading Challenge, led by Indiana University.

21st Annual CME Group University Trading Challenge Winners

Team Position

University Name

Country

First Place

Indiana University

United States

Second Place

Tecnológico de Monterrey

Mexico

Third Place

ESLSCA Business School in Paris

France

Fourth Place

ITESO, Universidad Jesuita de Guadalajara

Mexico

Fifth Place

Luiss Guido Carli University of Rome

Italy

WEST LAFAYETTE, Ind., Nov. 5, 2024 /PRNewswire/ -- Farmer sentiment saw an unexpected surge in October ahead of the upcoming U.S. election, according to the latest Purdue University/CME Group Ag Economy Barometer. The index rose to 115, marking a 27-point increase from September. This boost in sentiment was primarily driven by a rise in producers' confidence in the future, with the Future Expectations Index jumping 30 points to 124. While the Current Conditions Index also improved, reaching 95, it still reflected farmers' concerns that economic conditions this year are worse than last year and weaker than the barometer's base period of 2015-16 during the early days of a multiyear downturn in the U.S. farm economy. Despite current challenges, the October survey indicated some optimism among producers that economic conditions may strengthen, avoiding an extended downturn in the farm economy. This month's survey was conducted from Oct. 14-18, 2024.

CHICAGO, Nov. 4, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today reported its October 2024 market statistics, with average daily volume (ADV) reaching 24.3 million contracts, the second-highest October volume ever. Market statistics are available in greater detail at https://cmegroupinc.gcs-web.com/monthly-volume.

CHICAGO, Oct. 31, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that open interest in its global benchmark Henry Hub futures contract reached a record 1.73 million contracts on October 30, 2024 as international participation is at all-time highs.

"As the U.S. exports record levels of LNG to supply Europe and Asia, Henry Hub remains the most important price reference in global gas markets," said Peter Keavey, Global Head of Energy and Environmental Products at CME Group. "Henry Hub is the largest and most liquid global gas benchmark, with a record 25% of total trading originating outside of the U.S. this year." 

CHICAGO, Oct. 29, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced it has received approval from the National Futures Association (NFA) to establish a futures commission merchant (FCM).

"We are pleased that the NFA has approved our FCM application," said Terry Duffy, Chairman and Chief Executive Officer, CME Group. "We remain committed to the FCM model and believe in the time-tested risk management benefits it continues to provide. At the same time, as our industry continues to evolve, our FCM will ensure CME Group is in a strong position to quickly adapt to our clients' changing business needs."

CHICAGO, Oct. 29, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced its new Spodumene CIF China (Fastmarkets) futures have launched and are available for trading. A total of 29 contracts traded on the first day, with participation from a number of firms including JA Commodities (Zhejiang) Ltd, Mitsubishi Corporation RTM International Pte Ltd, Wogen Resources Limited and Wooray Commodities Pte Ltd. The first trade was executed by Freight Investor Services Ltd.

CHICAGO, Oct. 23, 2024 /PRNewswire/ -- CME Group Inc. (NASDAQ: CME) today reported financial results for the third quarter of 2024.

The company reported revenue of $1.6 billion and operating income of $1.0 billion for the third quarter of 2024. Net income was $913 million and diluted earnings per common share were $2.50. On an adjusted basis, net income was $977 million and diluted earnings per common share were $2.68. Financial results presented on an adjusted basis for the third quarter of 2024 and 2023 exclude certain items, which are detailed in the reconciliation of non-GAAP results.1

CHICAGO, Oct. 17, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced its new CBL Australian Carbon Credit Unit (ACCU) futures have launched and are available for trading. A total of five contracts traded as a block between Freepoint Commodities and Mercuria on October 14, 2024.

"We are pleased to see industry interest and support for our new CBL ACCU futures, which are the latest product we have launched with Xpansiv to help clients manage the risks associated with carbon reduction strategies," said Peter Keavey, Global Head of Energy and Environmental Products at CME Group. "Demand for Australian carbon credits is increasing on both a compliance and voluntary basis. ACCU futures will not only provide access to the Australian market but will also help establish a forward curve, allowing for more price discovery in this rapidly evolving space."

LONDON and SINGAPORE, Oct. 14, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that its international average daily volume (ADV) reached a record 8.4 million contracts in Q3 2024, up 29% year on year. Reflecting all trading reported outside the United States, the record volume was driven by growth across all asset classes, with the highest trading volumes coming from interest rate and equity products, which accounted for three-quarters of the growth in volume.  

CHICAGO, Oct. 2, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that combined trading in its Tuesday and Thursday Crude Oil Weekly options has surpassed 100,000 total contracts traded since launching on July 22, 2024. This week, more than 50,000 Crude Oil Weekly options also traded on a single day for the first time ever as demand for short-term options soars.

"Clients are increasingly focused on short-term risk in crude oil markets, and CME Group is the only liquid marketplace where market participants can express a view or hedge their exposure to WTI prices across the entire trading week," said Peter Keavey, Global Head of Energy and Environmental Products at CME Group. "We look forward to continuing to provide the flexibility our clients need to manage market events quickly and effectively."

CHICAGO, Oct. 2, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced plans to launch options on six E-mini Select Sector futures, as well as on Dow Jones U.S. Real Estate Index futures, on October 28, pending regulatory review.

"These new options on our liquid sector futures are designed to help clients manage volatility in individual equity sectors, particularly amid significant dispersion across sectors this year," said Paul Woolman, Global Head of Equity Index Products at CME Group. "In addition to our existing suite of sector products, these options will provide added flexibility and capital efficiencies that market participants rely on to increase or decrease exposure to various segments of the broader equity market. In today's market, not only does index choice matter, but sector choice matters as well."

CHICAGO, Oct. 2, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today reported its Q3 and September 2024 market statistics, with average daily volume (ADV) reaching new, all-time records of 28.3 million contracts in Q3 and 28.4 million contracts in the month of September, and growth across all asset classes in both periods.

CHICAGO, Oct. 1, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that its Bitcoin Friday futures (BFF) have launched and are available for trading. 31,498 contracts traded across two different contract weeks. The first trade, a block, took place on Sunday, September 29 and was executed by Galaxy and Marex.

"With more than 31,000 contracts traded on day one, Bitcoin Friday futures have become our most successful crypto futures launch ever," said Giovanni Vicioso, Global Head of Cryptocurrency Products at CME Group. "We are pleased to see such early customer interest and support for these new contracts, both on screen and through the block market. The smaller size of these contracts, along with a weekly Friday expiry, will provide investors with not only a more accessible way to access the bitcoin market, but will also allow them to more effectively manage their bitcoin exposure – all on a regulated exchange."

WEST LAFAYETTE, Ind., Oct. 1, 2024 /PRNewswire/ -- In September, the Purdue University/CME Group Ag Economy Barometer recorded its lowest readings since March 2016. Declining income expectations pushed farmer sentiment down as the barometer fell 12 points to 88, and the Index of Future Expectations dropped 14 points to 94. The Index of Current Conditions also fell 7 points to 76, which nearly matched levels seen in April 2020, during the height of COVID-19 concerns for farmers. This month's survey was conducted from Sept. 9-13, 2024.

CHICAGO, Oct. 1, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced it will expand its suite of Nikkei 225 futures contracts with the addition of yen- and U.S. dollar-denominated Micro Nikkei futures on October 28, pending regulatory review.

Sized at 50 yen and $0.50, respectively, these new micro-sized contracts will allow traders to capture Japanese benchmark trading opportunities with greater precision and will add to CME Group's existing suite of standard and E-mini Nikkei contracts.

CHICAGO, Sept. 30, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that it will expand its battery metals suite and launch a Spodumene CIF China (Fastmarkets) Futures contract on October 28, 2024, pending regulatory review.

"Our suite of cobalt and lithium products serve an important role in the rapidly evolving battery metals space, with industry adoption accelerating," said Jin Hennig, Global Head of Metals at CME Group. "With this launch of Spodumene futures, we will expand hedging capabilities, making it easier for the market to manage the price differences across products in the lithium value chain."

CHICAGO, Sept. 18, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that its deeply liquid SOFR futures reached a new, all-time record average daily volume (ADV) of 5.4 million contracts in September and an open interest record of 13,159,646 contracts on September 17.

Additionally, SOFR futures now have a record 1,144 large open interest holders (LOIH), based on the CFTC's latest Commitments of Traders report.

"Our SOFR futures are the world's most actively traded futures contracts, providing clients with the deepest liquidity and strongest efficiencies for managing short-term interest rate risk," said Agha Mirza, CME Group Global Head of Rates and OTC Products. "These new records in ADV, open interest and LOIH reflect the growing liquidity we are seeing across the SOFR curve and our unrivaled SOFR complex."

CHICAGO, Sept. 5, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that Chairman and Chief Executive Officer Terry Duffy will participate in a fireside chat at the 22nd Annual Barclays Global Financial Services Conference in New York on Monday, September 9, at 2:45 p.m. Eastern Time.

The presentations will be broadcast live over the Internet and can be accessed on the Investor Relations section of the company's website. Please allow extra time prior to the presentation to visit the site and download the streaming media software required to listen to the Internet broadcast. An audio Webcast will be available for replay at the same address approximately 24 hours following the conclusion of the conference.

CHICAGO, Sept. 5, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that it will launch options on Bloomberg Commodity Index (BCOM) futures on September 23, pending regulatory review. The company also announced that it has extended its license with Bloomberg for commodity index products through 2027.

Options on BCOM futures will provide market participants a new way to access broad market exposure with additional flexibility to express a range of views on commodity market movements.