CME Group

Miami International Holdings Announces Troy Kane Joins Executive Management Team as President of MGEX

Retrieved on: 
Tuesday, April 9, 2024

Mark Bagan will continue as CEO of MGEX during a transition period after which time he is expected to continue with MGEX as Executive Vice Chairman of the Board.

Key Points: 
  • Mark Bagan will continue as CEO of MGEX during a transition period after which time he is expected to continue with MGEX as Executive Vice Chairman of the Board.
  • "Troy brings a wealth of experience and expertise to his new role as the President of MGEX and CEO of MIAX Futures, and we are excited to welcome him to the MIH executive management team," said Thomas P. Gallagher, Chairman and Chief Executive Officer of MIH.
  • Mr. Kane began his career as a floor clerk at Kane Trading in the grain and oilseed pits at Chicago Board of Trade.
  • Mr. Kane earned a bachelor's degree in commerce from DePaul University and a master's degree in business administration from Roosevelt University.

Miami International Holdings Announces Troy Kane Joins Executive Management Team as President of MGEX

Retrieved on: 
Tuesday, April 9, 2024

Mark Bagan will continue as CEO of MGEX during a transition period after which time he is expected to continue with MGEX as Executive Vice Chairman of the Board.

Key Points: 
  • Mark Bagan will continue as CEO of MGEX during a transition period after which time he is expected to continue with MGEX as Executive Vice Chairman of the Board.
  • "Troy brings a wealth of experience and expertise to his new role as the President of MGEX and CEO of MIAX Futures, and we are excited to welcome him to the MIH executive management team," said Thomas P. Gallagher, Chairman and Chief Executive Officer of MIH.
  • Mr. Kane began his career as a floor clerk at Kane Trading in the grain and oilseed pits at Chicago Board of Trade.
  • Mr. Kane earned a bachelor's degree in commerce from DePaul University and a master's degree in business administration from Roosevelt University.

Silver Institute Membership Continues to Grow

Retrieved on: 
Tuesday, March 12, 2024

WASHINGTON, March 12, 2024 (GLOBE NEWSWIRE) -- The Silver Institute is pleased to welcome five companies to its growing roster of members.

Key Points: 
  • WASHINGTON, March 12, 2024 (GLOBE NEWSWIRE) -- The Silver Institute is pleased to welcome five companies to its growing roster of members.
  • These companies represent key areas of the broader silver industry and are based in Australia, Switzerland, Singapore, and the United States, further expanding the Silver Institute's global footprint.
  • Based in Baar, Switzerland, Glencore produced 23.8 million ounces of silver in 2022, making it the world's fourth-largest silver mining company.
  • Phillips Baker, President and CEO of Hecla Mining Company and the Chairman of the Silver Institute, stated, "We welcome the newest members to the Silver Institute.

CME Group €STR Options to Launch on May 20

Retrieved on: 
Tuesday, April 2, 2024

CHICAGO, April 2, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that it will launch options on Euro short-term rate (€STR) futures on May 20, 2024.

Key Points: 
  • CHICAGO, April 2, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that it will launch options on Euro short-term rate (€STR) futures on May 20, 2024.
  • "Our new €STR options will help clients more precisely manage their risk as expectations around European interest rate decisions continue to shift," said Mark Rogerson, EMEA Head of Interest Rate Products, CME Group.
  • CME Group launched the industry's first €STR futures on October 31, 2022 as a complement to SOFR futures.
  • €STR options will be listed by and subject to the rules of CME Group.

CME Group Reports March and Q1 2024 Market Statistics

Retrieved on: 
Tuesday, April 2, 2024

CHICAGO, April 2, 2024 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today reported its March and Q1 2024 market statistics, showing average daily volume (ADV) reached 24.3 million contracts in March and 26.4 million contracts in Q1.

Key Points: 
  • CHICAGO, April 2, 2024 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today reported its March and Q1 2024 market statistics, showing average daily volume (ADV) reached 24.3 million contracts in March and 26.4 million contracts in Q1.
  • Market statistics are available in greater detail at https://cmegroupinc.gcs-web.com/monthly-volume .
  • March 2024 ADV across asset classes includes:
    Additional March 2024 product highlights compared to March 2023 include:
    Q1 2024 highlights across asset classes compared to Q1 2023 include:
    As the world's leading derivatives marketplace, CME Group ( www.cmegroup.com ) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities.
  • CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates , equity indexes , foreign exchange , energy , agricultural products and metals .

Full Schedule Released for Hong Kong Web3 Festival 2024

Retrieved on: 
Thursday, March 28, 2024

HONG KONG, March 28, 2024 /PRNewswire/ -- Following the success of its record-breaking 2023 event, HK Web3 Festival is returning for its second edition from 6 to 9, April at Hall3FG, Hong Kong Convention and Exhibition Centre.

Key Points: 
  • HONG KONG, March 28, 2024 /PRNewswire/ -- Following the success of its record-breaking 2023 event, HK Web3 Festival is returning for its second edition from 6 to 9, April at Hall3FG, Hong Kong Convention and Exhibition Centre.
  • Hosted by Wanxiang Blockchain Labs and HashKey Group, the Festival will convene over 160 game-changing projects, 100 media and 300+ notable speakers to exchange up-to-date knowledge, experiences, and views that are expected to shape the narrative around Web3 and blockchain.
  • With the event taking place in the innovation-rich city of Hong Kong, the Web3 Festival 2024 converges East and West ideologies.
  • It sets four regular conference areas and an open stage, providing an avenue for eclectic discussions around Web3, idol performance, Web3 professional esports tournament, and more!

Full Schedule Released for Hong Kong Web3 Festival 2024

Retrieved on: 
Thursday, March 28, 2024

HONG KONG, March 28, 2024 /PRNewswire/ -- Following the success of its record-breaking 2023 event, HK Web3 Festival is returning for its second edition from 6 to 9, April at Hall3FG, Hong Kong Convention and Exhibition Centre.

Key Points: 
  • HONG KONG, March 28, 2024 /PRNewswire/ -- Following the success of its record-breaking 2023 event, HK Web3 Festival is returning for its second edition from 6 to 9, April at Hall3FG, Hong Kong Convention and Exhibition Centre.
  • Hosted by Wanxiang Blockchain Labs and HashKey Group, the Festival will convene over 160 game-changing projects, 100 media and 300+ notable speakers to exchange up-to-date knowledge, experiences, and views that are expected to shape the narrative around Web3 and blockchain.
  • With the event taking place in the innovation-rich city of Hong Kong, the Web3 Festival 2024 converges East and West ideologies.
  • It sets four regular conference areas and an open stage, providing an avenue for eclectic discussions around Web3, idol performance, Web3 professional esports tournament, and more!

CME Group Inc. Announces First-Quarter 2024 Earnings Release, Conference Call

Retrieved on: 
Friday, March 15, 2024

CHICAGO, March 15, 2024 /PRNewswire/ -- CME Group Inc. will announce earnings for the first quarter of 2024 before the markets open on Wednesday, April 24, 2024.

Key Points: 
  • CHICAGO, March 15, 2024 /PRNewswire/ -- CME Group Inc. will announce earnings for the first quarter of 2024 before the markets open on Wednesday, April 24, 2024.
  • Written highlights for the quarter will be posted on the company's website at 6:00 a.m. Central Time, the same time it provides its earnings press release.
  • The company will also hold an investor conference call that day at 7:30 a.m. Central Time, at which time company executives will take analysts' questions.
  • A live audio Webcast of the conference call will be available on the Investor Relations section of the company's website, www.cmegroup.com .

CME Group Executives to Present at 2024 Raymond James Annual Institutional Investors Conference

Retrieved on: 
Friday, March 1, 2024

CHICAGO, March 1, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that Global Head of Financial & OTC Products Tim McCourt, Chief Accounting Officer Jack Tobin and Executive Director of Investor Relations Adam Minick will present at the 45th Annual Raymond James Institutional Investors Conference on Tuesday, March 5, at 8:40 a.m. (Eastern Time).

Key Points: 
  • CHICAGO, March 1, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that Global Head of Financial & OTC Products Tim McCourt, Chief Accounting Officer Jack Tobin and Executive Director of Investor Relations Adam Minick will present at the 45th Annual Raymond James Institutional Investors Conference on Tuesday, March 5, at 8:40 a.m. (Eastern Time).
  • Please allow extra time prior to the presentation to visit the site and download the streaming media software required to listen to the online broadcast.
  • An audio webcast will be available for replay at the same address approximately 24 hours following the conclusion of the conference.
  • CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates , equity indexes , foreign exchange , energy , agricultural products and metals .

CME Group Launches Clearing Service for Mexican F-TIIE Overnight Index Swaps

Retrieved on: 
Tuesday, February 20, 2024

CHICAGO, Feb. 20, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that nine market participants have cleared over-the-counter (OTC) Mexican Overnight Funding Rate (F-TIIE) index swaps since the company launched its clearing service on February 5.

Key Points: 
  • CHICAGO, Feb. 20, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that nine market participants have cleared over-the-counter (OTC) Mexican Overnight Funding Rate (F-TIIE) index swaps since the company launched its clearing service on February 5.
  • Market participants who have already cleared these swaps through CME Group include Banorte, BBVA, Goldman Sachs, HSBC, J.P. Morgan, Morgan Stanley, and Santander.
  • "Our new swaps clearing service provides critical infrastructure for clients navigating the F-TIIE benchmark transition," said Agha Mirza, CME Group Global Head of Rates and OTC Products.
  • For more information on clearing F-TIIE index swaps at CME Group, please visit https://www.cmegroup.com/articles/2023/transition-from-28d-tiie-to-tiie-... .