Chicago Tribune (Free subscription) | yesterday
Chicago Mercantile Exchange parent CME Group Inc. said Friday that it and partner Thomson Reuters plan to shutter their equally owned FXMarketSpace joint venture, which went live in early 2007.
Mondo Visione (Free subscription) | 10/09/2008
The Commodity Futures Trading Commission (CFTC or Commission) has issued an Order to the Chicago Board of Trade (CBOT) pursuant to Section 4d of the Commodity Exchange Act that permits the Chicago Mercantile Exchange (CME) and clearing member Futures Commission Merchants (FCMs) to commingle customer funds used to margin, secure, or guarantee specified Over-the-Counter (OTC) cleared-only contracts in...
Reuters UK (Free subscription) | 10/08/2008
NEW YORK, Oct 8 (Reuters) - In two weeks, the Chicago Mercantile Exchange launches the first U.S. steel contract, which automakers and other steel consumers will welcome as they seek greater price transparency, but steelmakers could snub as they try to maintain price control.
The Street (Free subscription) | 10/07/2008
Dan Dicker discusses the highly positive announcement that the Chicago Mercantile Exchange is creating a market for toxic mortgage instruments.
Chicago Tribune (Free subscription) | 10/07/2008
Chicago Mercantile Exchange parent CME Group Inc. and hedge-fund operator Cital Investment Group LLC unveiled plans Tuesday for creation of an electronic trading platform that would allow for trading of credit-default swaps, the sophisticated financial instruments that have played such a big role in disrupting the credit markets over the past months.
William J. Polley (Free subscription) | 10/07/2008
So says Reuters (and CNBC) The statement came after U.S. business television channel CNBC reported the Fed was planning talks with the Chicago Mercantile Exchange, or CME, and the Intercontinental Exchange, or ICE, on the creation of a CDS exchange. The companies declined to confirm the report, although they said they would be willing to participate in any initiative. And Calculated Risk says: Apparently...
Mondo Visione (Free subscription) | 10/06/2008
NYSE Liffe, LLC, the U.S. futures exchange of NYSE Euronext (NYX), today announced the formation of its new Board of Directors, which includes Chairman, James J. McNulty, former Chicago Mercantile Exchange President and CEO, and the following directors: Marshall N. Carter, Deputy Chairman, NYSE Euronext; Hugh Freedberg, Group Executive Vice President and Head of Global Derivatives, NYSE Euronext;...
The Street (Free subscription) | 10/06/2008
Jim Cramer explains why Dan Dicker's plan to use the Chicago Mercantile Exchange as an open market for credit default swaps is right on the money.
Southwest Farm Press RSS Feed (Free subscription) | 10/02/2008
Texas AgriLife Extension Service’s Taylor County office has teamed up with the Chicago Mercantile Exchange to conduct a marketing and hedging seminar beginning at 8 a.m. Oct. 16 in Abilene’s Big Country Hall.
this ain't livin' (Free subscription) | 09/29/2008
copyright meloukhia Given the current trials and tribulations of the markets, I thought it might be nice to re-read Leg the Spread, a book about a woman who braved the Boys Club of the Chicago Mercantile Exchange. It’s a fascinating book not only because it provides insight into the culture of commodities trading, but also [...]
Linux-Watch.com (Free subscription) | 09/23/2008
A financial market describing itself as the "world's largest derivatives exchange" has joined the Linux Foundation. The Chicago Mercantile Exchange (CME) has been a vocal proponent of Linux since 2003, when it began using the open source OS to improve trade speed and system reliability, it says.
Grasping Reality with Both Hands (Free subscription) | 09/17/2008
TED spread - Wikipedia: Initially, the TED spread was the difference between the interest rate for the three month U.S. Treasuries contract and three month Eurodollars contract as represented by the London Inter Bank Offered Rate (LIBOR). However, since the Chicago Mercantile Exchange dropped the T-bill futures, the TED spread is now calculated as the difference between the three month T-bill interest...
WallStreetAndTech (Free subscription) | 09/15/2008
Former Chicago Mercantile Exchange CIO Jim Krause passed the reins to Kevin Kometer in June. The former and current technology leaders reflect on Krause's two decades of contributions, including the launch of CME Globex, and discuss current growth plans and challenges.
Chicago Tribune (Free subscription) | 09/15/2008
Chicago Mercantile Exchange parent CME Group Inc., moving to reassure investors and market members in the wake of Lehman Brothers Holdings Inc.'s disclosure that it will wind down its operations, said in a Monday morning statement that CME Group clearing member Lehman Brothers Inc. "continues to meet all of its obligations to CME Clearing and continues to operate as normal."
Chicago Tribune (Free subscription) | 09/03/2008
CME Group Inc., in a moved aimed at expanding the Chicago Mercantile Exchange parent's international presence, said Wednesday that it has signed a memorandum of understanding with the Osaka Securities Exchange Co. of Japan on a plan that calls for the two exchanges to jointly develop products and services to boost their users' global trading.
