CME Group

CME Group Latin American FX Futures Hit All-Time Volume and Open Interest Records in 2023

Retrieved on: 
Monday, January 29, 2024

CHICAGO, Jan. 29, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced its Mexican peso and Brazilian real FX futures contracts reached all-time average daily volume (ADV) and open interest (OI) records in 2023.

Key Points: 
  • CHICAGO, Jan. 29, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced its Mexican peso and Brazilian real FX futures contracts reached all-time average daily volume (ADV) and open interest (OI) records in 2023.
  • 2023 LatAm FX futures trading highlights include:
    Mexican peso futures reached a record $1.8 billion in equivalent notional value ADV.
  • "The continued growth of the Mexican and Brazilian economies combined with the current interest rate environment, is driving more clients to trade CME Group FX futures," said Paul Houston, Global Head of FX Products, CME Group.
  • "CME Group offers its clients unique access to liquidity from local onshore market markers which are particularly valuable in futures and options for non-deliverable currencies.

CFTC Approves Intelligent Medicine Exchange (IMX) as New Futures Exchange

Retrieved on: 
Monday, January 22, 2024

Intelligent Medicine Exchange (IMX)™ has been designated by the Commodity Futures Trading Commission as a contract market – a new futures and options exchange that allows market participants to hedge and invest in the health care economy.

Key Points: 
  • Intelligent Medicine Exchange (IMX)™ has been designated by the Commodity Futures Trading Commission as a contract market – a new futures and options exchange that allows market participants to hedge and invest in the health care economy.
  • IMX will enable market participants to manage risk across the health care ecosystem in transparent, two-sided markets that represent many facets of the health care sector.
  • Trading operations are expected to commence in the first half of 2024.
  • IMX’s senior leadership and strategic advisors have deep experience in health care, finance, and futures trading.

Maxfli Secures Exclusive Golf Ball Partnership with LPGA Champion Lexi Thompson

Retrieved on: 
Wednesday, January 24, 2024

PITTSBURGH, Jan. 24, 2024 /PRNewswire/ -- Today, Maxfli®, a distinguished golf brand with a century-long legacy in performance and quality, announced its exclusive golf ball endorsement agreement with professional golfer Lexi Thompson. This partnership signifies a major milestone as Thompson commits to playing and endorsing the Maxfli Tour Series golf ball throughout the 2024 season, while also acting as an ambassador and spokesperson for the brand.

Key Points: 
  • Thompson, entering her 13th year on the LPGA Tour, will begin playing the Maxfli Tour ball at the LPGA Drive On Championship this week in Bradenton, Florida.
  • The Maxfli Tour ball is part of the Maxfli Tour Series, which is sold exclusively at DICK'S Sporting Goods and Golf Galaxy .
  • "I've been testing the Maxfli Tour Series for a few months now, and the Maxfli Tour ball exceeded my expectations," said Thompson.
  • Along with the Maxfli Tour ball that Lexi will be using during the 2024 season, the Tour Series includes the Maxfli Tour-X and Maxfli Tour-S .

CME Group and DTCC Launch Enhanced Treasury Cross-Margining Arrangement, Enabling Capital Efficiencies for Clearing Members

Retrieved on: 
Tuesday, January 23, 2024

CHICAGO and NEW YORK and LONDON and HONG KONG and SINGAPORE and SYDNEY, Jan. 23, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, and The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced their enhanced cross-margining arrangement has gone live, enabling capital efficiencies for clearing members that trade and clear both U.S. Treasury securities and CME Group Interest Rate futures.

Key Points: 
  • CHICAGO and NEW YORK and LONDON and HONG KONG and SINGAPORE and SYDNEY, Jan. 23, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, and The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced their enhanced cross-margining arrangement has gone live, enabling capital efficiencies for clearing members that trade and clear both U.S. Treasury securities and CME Group Interest Rate futures.
  • With the new arrangement implemented, eligible clearing members of CME Group and the Government Securities Division (GSD) of DTCC's Fixed Income Clearing Corporation (FICC) can now cross-margin an expanded suite of products, including CME Group SOFR futures, Ultra 10-Year U.S. Treasury Note futures and Ultra U.S. Treasury Bond futures, with FICC-cleared U.S. Treasury notes and bonds.
  • Repo transactions that have Treasury collateral with more than one year remaining to maturity will also be eligible for the enhanced cross-margining arrangement.
  • "We are continually seeking to make trading more efficient and cost effective for our clearing members," said Suzanne Sprague, CME Group Global Head of Clearing and Post-Trade Services.

Miami International Holdings Appoints Kelly Brown as Senior Vice President Derivatives Products and Business Development for MIAX Futures

Retrieved on: 
Friday, January 19, 2024

PRINCETON, N.J., Jan. 19, 2024 /PRNewswire/ -- Miami International Holdings, Inc. (MIH), owner of Miami International Securities Exchange, LLC (MIAX®), MIAX PEARL, LLC (MIAX Pearl®), MIAX Emerald, LLC (MIAX Emerald®), MIAX Sapphire, LLC (MIAX SapphireTM), Minneapolis Grain Exchange, LLC (MGEXTM), LedgerX LLC (LedgerX), The Bermuda Stock Exchange (BSX), and Dorman Trading, LLC (Dorman Trading), today announced that Kelly Brown has joined the company as Senior Vice President Derivatives Products and Business Development for MIAX Futures.

Key Points: 
  • PRINCETON, N.J., Jan. 19, 2024 /PRNewswire/ -- Miami International Holdings, Inc. (MIH), owner of Miami International Securities Exchange, LLC (MIAX®), MIAX PEARL, LLC (MIAX Pearl®), MIAX Emerald, LLC (MIAX Emerald®), MIAX Sapphire, LLC (MIAX SapphireTM), Minneapolis Grain Exchange, LLC (MGEXTM), LedgerX LLC (LedgerX), The Bermuda Stock Exchange (BSX), and Dorman Trading, LLC (Dorman Trading), today announced that Kelly Brown has joined the company as Senior Vice President Derivatives Products and Business Development for MIAX Futures.
  • In this newly created position, Mr. Brown will be responsible for developing and maintaining strategic relationships with futures commission merchants, broker dealers and clearing members across the global futures industry.
  • Mr. Brown joins MIAX after serving as Senior Principal, Head of Derivatives for Gemini Trust Company where he managed the build-out of its trading platform.
  • "I have been fortunate in my career to hold roles at the forefront of financial innovation, which is embedded in MIAX's culture and DNA," said Kelly Brown, Senior Vice President, MIAX Futures.

Miami International Holdings Appoints Kelly Brown as Senior Vice President Derivatives Products and Business Development for MIAX Futures

Retrieved on: 
Friday, January 19, 2024

PRINCETON, N.J., Jan. 19, 2024 /PRNewswire/ -- Miami International Holdings, Inc. (MIH), owner of Miami International Securities Exchange, LLC (MIAX®), MIAX PEARL, LLC (MIAX Pearl®), MIAX Emerald, LLC (MIAX Emerald®), MIAX Sapphire, LLC (MIAX SapphireTM), Minneapolis Grain Exchange, LLC (MGEXTM), LedgerX LLC (LedgerX), The Bermuda Stock Exchange (BSX), and Dorman Trading, LLC (Dorman Trading), today announced that Kelly Brown has joined the company as Senior Vice President Derivatives Products and Business Development for MIAX Futures.

Key Points: 
  • PRINCETON, N.J., Jan. 19, 2024 /PRNewswire/ -- Miami International Holdings, Inc. (MIH), owner of Miami International Securities Exchange, LLC (MIAX®), MIAX PEARL, LLC (MIAX Pearl®), MIAX Emerald, LLC (MIAX Emerald®), MIAX Sapphire, LLC (MIAX SapphireTM), Minneapolis Grain Exchange, LLC (MGEXTM), LedgerX LLC (LedgerX), The Bermuda Stock Exchange (BSX), and Dorman Trading, LLC (Dorman Trading), today announced that Kelly Brown has joined the company as Senior Vice President Derivatives Products and Business Development for MIAX Futures.
  • In this newly created position, Mr. Brown will be responsible for developing and maintaining strategic relationships with futures commission merchants, broker dealers and clearing members across the global futures industry.
  • Mr. Brown joins MIAX after serving as Senior Principal, Head of Derivatives for Gemini Trust Company where he managed the build-out of its trading platform.
  • "I have been fortunate in my career to hold roles at the forefront of financial innovation, which is embedded in MIAX's culture and DNA," said Kelly Brown, Senior Vice President, MIAX Futures.

Hidden Road Continues Expansion into Listed Derivatives Clearing

Retrieved on: 
Wednesday, January 17, 2024

NEW YORK, Jan. 17, 2024 /PRNewswire/ -- Hidden Road, the global credit network for institutions, today announced that it has extended its credit intermediation, clearing and financing offerings to cover listed derivatives markets through the firm's U.S. entity, Hidden Road Partners CIV US LLC, a registered futures commission merchant (FCM). The listed derivatives business is starting with CME Clearing (NASDAQ: CME) as its first venue and will be expanding venue and clearinghouse coverage globally over the coming months.

Key Points: 
  • Hidden Road, the global credit network for institutions, has launched listed derivatives clearing, starting with CME Group products
    NEW YORK, Jan. 17, 2024 /PRNewswire/ -- Hidden Road, the global credit network for institutions, today announced that it has extended its credit intermediation, clearing and financing offerings to cover listed derivatives markets through the firm's U.S. entity, Hidden Road Partners CIV US LLC, a registered futures commission merchant (FCM).
  • The listed derivatives business is starting with CME Clearing (NASDAQ: CME) as its first venue and will be expanding venue and clearinghouse coverage globally over the coming months.
  • "Extending our services to cover listed derivatives is a significant step in our mission to provide comprehensive clearing across venues, products and asset classes," said Alex Kallelis, Head of Business Development, Americas at Hidden Road.
  • Adding listed derivatives, starting with products cleared by CME Clearing, represents a natural evolution for Hidden Road, driven by client demand for an expansion of the firm's offerings.

CME Group International Average Daily Volume Reaches Record 6.8 Million Contracts in 2023, Up 8% from 2022

Retrieved on: 
Wednesday, January 10, 2024

LONDON and SINGAPORE, Jan. 10, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that average daily volume (ADV) outside the United States reached a record 6.8 million contracts in 2023, up 8% from 2022.

Key Points: 
  • LONDON and SINGAPORE, Jan. 10, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that average daily volume (ADV) outside the United States reached a record 6.8 million contracts in 2023, up 8% from 2022.
  • In 2023, Europe, Middle East and Africa ADV hit a record 4.9 million contracts, up 13% from 2022.
  • Globally, CME Group reported a record ADV of 24.4 million contracts in 2023, up 5% over 2022.
  • This was largely driven by growth in Interest Rate ADV, up 16% to a record 12.5 million contracts, and Options ADV, up 23% to a record 5.1 million contracts.

CME Group to Launch Options on S&P 500 Annual Dividend Index Futures on January 29

Retrieved on: 
Tuesday, January 9, 2024

CHICAGO, Jan. 9, 2024 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today announced it will launch options on S&P 500 Annual Dividend Index futures on January 29, pending regulatory review.

Key Points: 
  • CHICAGO, Jan. 9, 2024 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today announced it will launch options on S&P 500 Annual Dividend Index futures on January 29, pending regulatory review.
  • "We are pleased to partner with CME Group on their launch of options on S&P 500 Annual Dividend Index futures," said Megan Morgan, Head of Market Structure at Belvedere Trading.
  • "Sunrise is thrilled to announce its participation in the launch of new CME Group options on S&P 500 Annual Dividend Index futures," said Michael Goodall, Head of Americas at Sunrise Brokers.
  • These new options contracts are the latest addition to the robust dividend futures suite at CME Group, which includes S&P 500 Annual and Quarterly Dividend Index futures, Nasdaq-100 Annual Dividend Index futures, and Russell 2000 Annual Dividend Index futures.

CME Group to Launch Longer-Dated Event Contracts on January 29

Retrieved on: 
Tuesday, January 9, 2024

CHICAGO, Jan. 9, 2024 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today announced it will launch event contracts with quarter- and year-end expiries for E-mini S&P 500 and E-mini Nasdaq-100 futures on January 29, pending regulatory review.

Key Points: 
  • CHICAGO, Jan. 9, 2024 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today announced it will launch event contracts with quarter- and year-end expiries for E-mini S&P 500 and E-mini Nasdaq-100 futures on January 29, pending regulatory review.
  • We're pleased that our expanded suite of event contracts will continue to provide innovative, lower-cost tools for participating in CME Group's futures markets."
  • We are honored to be a part of CME Group's success as a liquidity provider in event contracts."
  • CME Group event contracts are listed with and subject to the rules of CME.