CME Group

Net Zero Holdings Announces the Appointment of Russell Karas to the Board

Retrieved on: 
Tuesday, October 17, 2023
Russell, California Air Resources Board, Collection, Recycling, CBL, NetZero, CME Group, Commodity, Carbon, Plastic, Renewable energy

HOUSTON and MADRID, Oct. 17, 2023 /PRNewswire/ -- Net Zero Holdings and its subsidiaries (collectively "NetZero"), a global project proponent and marketer of environmental credits, carbon credits, low carbon fuels and renewable energy credits, announced today the appointment of Russell Karas to its Board of Directors to assist the expansion in the global demand and transacting of these products.

Key Points: 
  • Russell joins Net Zero Holdings to enhance the global demand in carbon credits, environmental credits and renewable commodities trading.
  • HOUSTON and MADRID, Oct. 17, 2023 /PRNewswire/ -- Net Zero Holdings and its subsidiaries (collectively "NetZero"), a global project proponent and marketer of environmental credits, carbon credits, low carbon fuels and renewable energy credits, announced today the appointment of Russell Karas to its Board of Directors to assist the expansion in the global demand and transacting of these products.
  • "We are excited and honored to have Russell join our Board of Directors," said Bill Weathersby, Founder and Chairman of the Board.
  • "I'm eager to join NetZero's Board at this pivotal moment in the global evolution of environmental and commodities markets," Karas said.

CME Group T-Bill Futures Surpass 6,000 Contracts in First Week of Trading

Retrieved on: 
Tuesday, October 10, 2023
CME, DRW, United States Treasury security, United States Department of the Treasury, Risk, J. P. Morgan, CME Group, Treasury, SOFR, Security (finance), Iron ore

"J.P. Morgan is excited to participate in the new T-Bill futures contracts at CME Group," said Eric Birenberg, Head of Short Duration Rates Trading at J.P. Morgan.

Key Points: 
  • "J.P. Morgan is excited to participate in the new T-Bill futures contracts at CME Group," said Eric Birenberg, Head of Short Duration Rates Trading at J.P. Morgan.
  • "DRW is excited to support the development of trading in CME Group T-Bill futures, which allow for the specific hedging of T-Bill portfolios," said Andrew Hennelly, DRW Co-Head of Global Treasury.
  • T-Bill futures are listed with, and subject to, the rules of CME, receiving automatic margin offsets against existing CME Group Interest Rate futures.
  • For more information on T-Bill futures from CME Group, please see: https://www.cmegroup.com/tbill .

BrokerTec Introduces Repo Trading as a Spread to €STR

Retrieved on: 
Friday, October 6, 2023
SA, LCH, Environment, CME Group, Euro

The new functionality offers more flexibility to clients, with efficient hedging for term repo trading in a fluctuating interest rate environment.

Key Points: 
  • The new functionality offers more flexibility to clients, with efficient hedging for term repo trading in a fluctuating interest rate environment.
  • "This enhancement expands on our industry-leading central limit order book for trading European repo, with clearing available from day one to support the industry's need for efficient electronic trading."
  • The enhancement from BrokerTec means that trading repo as a spread to €STR is now available in all European repo markets except for Italy and Spain, adding to an existing opportunity to trade French repo vs €STR already provided by BrokerTec.
  • European repo is available for trading on the BrokerTec EU Regulated Market operated by CME Amsterdam B.V.

CME Group Reports Second-Highest September and Q3 ADV on Record

Retrieved on: 
Tuesday, October 3, 2023
Bitcoin, ADV, Rate, Stock market index, Energy, CME Group, Metal, Iron ore

CHICAGO, Oct. 3, 2023 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today reported its September and Q3 2023 market statistics, reaching an average daily volume (ADV) of 22.7 million contracts in September, representing the company's second-highest September ADV on record.

Key Points: 
  • CHICAGO, Oct. 3, 2023 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today reported its September and Q3 2023 market statistics, reaching an average daily volume (ADV) of 22.7 million contracts in September, representing the company's second-highest September ADV on record.
  • Q3 ADV was 22.3 million contracts, the second-highest Q3 volume ever.
  • Market statistics are available in greater detail at https://cmegroupinc.gcs-web.com/monthly-volume .
  • September 2023 ADV across asset classes includes:
    Additional September 2023 product highlights compared to September 2022 include:
    Micro E-mini futures and options represented 32.1% of overall Equity Index ADV, Micro WTI Crude Oil futures accounted for 4.5% of overall Energy ADV, Micro Bitcoin futures accounted for 0.1% and Micro Ether futures accounted for 0.1% of overall Equity Index ADV
    Q3 2023 highlights across asset classes compared to Q3 2022 include:
    Interest Rate ADV of 11.0 million contracts, an increase of 6%
    Options ADV of 4.4 million contracts, an increase of 15%
    Energy ADV of 2.1 million contracts, an increase of 16%
    Agricultural ADV of 1.4 million contracts, an increase of 19%
    Metals ADV of 528,000 contracts, an increase of 6%

CME Group to Launch Micro Henry Hub Futures and Options on November 6

Retrieved on: 
Wednesday, September 27, 2023
CME, NYMEX, New York Mercantile Exchange, S&P, CME Group, EBS, Metal, Financial services, S&P Dow Jones Indices, EVP, CBOT, Standard, Marketing, City, COMEX, Henry Hub, Natural gas, Chicago Board of Trade, Interactive Brokers, OTC, Environmental Product Declaration, LTD, Iron ore, Chicago Mercantile Exchange, Globe

CHICAGO, Sept. 27, 2023 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that it will launch Micro Henry Hub futures and options on November 6, pending all relevant regulatory reviews.

Key Points: 
  • CHICAGO, Sept. 27, 2023 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that it will launch Micro Henry Hub futures and options on November 6, pending all relevant regulatory reviews.
  • These new micro contracts will be one-tenth the size of the company's benchmark Henry Hub futures and options and cash-settled.
  • "Our new Micro Henry Hub futures and options contracts will provide global energy traders with additional flexibility to manage their natural gas exposure with precision," said Peter Keavey, Global Head of Energy and Environmental Products, CME Group.
  • Micro Henry Hub futures and options will be listed by and subject to the rules of NYMEX.

Architect Financial Technologies Launches US-Regulated Brokerage for Futures and Options with CFTC License and Expands Global Derivatives Offering

Retrieved on: 
Thursday, September 21, 2023
CFTC, CME Group, Ron Conway, Decentralized finance, Wedbush Securities, Architect, API, MENA, NFA, Construction, Cryptocurrency, Financial services, EU

CHICAGO, Sept. 21, 2023 /PRNewswire/ -- Architect Financial Technologies, Inc. ("Architect" or "the Company") today announced its expansion into derivatives brokerage services after its subsidiary, Architect Financial Derivatives, LLC, received regulatory approval from the NFA to operate as an Independent Introducing Broker in CFTC-regulated derivatives. The Company's new brokerage will enable clients to trade the full range of listed derivatives products – futures, index options, futures options, trade-at-settlement futures, future spreads, and event contracts – on CFTC-registered exchanges. Architect will partner with US Futures Commission Merchants including Wedbush Securities, StoneX Financial Inc., and Straits Financial to provide related clearing services.

Key Points: 
  • Architect platform to offer clients low-latency, secure access to over twenty major global derivatives exchanges
    CHICAGO, Sept. 21, 2023 /PRNewswire/ -- Architect Financial Technologies, Inc. ("Architect" or "the Company") today announced its expansion into derivatives brokerage services after its subsidiary, Architect Financial Derivatives, LLC, received regulatory approval from the NFA to operate as an Independent Introducing Broker in CFTC-regulated derivatives.
  • The Company's new brokerage will enable clients to trade the full range of listed derivatives products – futures, index options, futures options, trade-at-settlement futures, future spreads, and event contracts – on CFTC-registered exchanges.
  • Architect will partner with US Futures Commission Merchants including Wedbush Securities, StoneX Financial Inc., and Straits Financial to provide related clearing services.
  • Clients of Architect will access US derivatives markets through the Company's cross-asset, low-latency OMS/EMS/PMS and trading technology platform.

Micro E-mini Nasdaq-100 Futures Surpass 1 Billion Contracts Traded

Retrieved on: 
Monday, September 18, 2023
Growth, Stock market index, CME Group, Cryptocurrency

CHICAGO, Sept. 18, 2023 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today announced that Micro E-mini Nasdaq-100 futures surpassed 1 billion contracts traded on September 13.

Key Points: 
  • CHICAGO, Sept. 18, 2023 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today announced that Micro E-mini Nasdaq-100 futures surpassed 1 billion contracts traded on September 13.
  • "Our Micro E-mini Nasdaq-100 futures are among the most actively traded equity index products at CME Group, averaging more than 1.1 million contracts per day in Q3-to-date," said Paul Woolman, Global Head of Equity Index Products at CME Group.
  • "We congratulate CME Group on achieving this milestone and celebrate our collaboration in bringing unique products to market that provide investors with valuable exposure to companies impacting our society and economy."
  • For more information on these products, please visit www.cmegroup.com/microeminis .

CME Group to Launch Cobalt Hydroxide Futures on October 23

Retrieved on: 
Monday, September 18, 2023
CME, NYMEX, New York Mercantile Exchange, S&P, Metal, Hydroxide, EBS, CME Group, Financial services, S&P Dow Jones Indices, CBOT, Standard, City, COMEX, Risk, OTC, Chicago Board of Trade, LTD, Iron ore, Lithium, Cobalt, Chicago Mercantile Exchange, Globe

CHICAGO, Sept. 18, 2023 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that it will launch Cobalt Hydroxide futures on October 23, pending all relevant regulatory reviews.

Key Points: 
  • CHICAGO, Sept. 18, 2023 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that it will launch Cobalt Hydroxide futures on October 23, pending all relevant regulatory reviews.
  • Cobalt Hydroxide futures will be financially-settled based on the Fastmarkets' cobalt hydroxide price assessment.
  • The launch of the CME Group cobalt hydroxide futures contract, based on Fastmarkets' cobalt hydroxide price, ensures market participants have another tool to mitigate risk as these markets develop."
  • Cobalt Hydroxide futures are complementary to Cobalt Metal futures, which have become the global benchmark for Cobalt prices since launching in December 2020.

CME Group Opens Registration for its 20th Annual Global University Trading Challenge

Retrieved on: 
Wednesday, September 13, 2023
CME, Learning, Education, CME Group, Life, Communication, Dow Jones, University, Risk management, Anahuac University Network, Student, Faculty, News, CQG, Nursing

CHICAGO, Sept. 13, 2023 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today announced registration is now open for the 20th annual CME Group University Trading Challenge, which will be held from Sunday, October 1 to Friday, October 27.

Key Points: 
  • CHICAGO, Sept. 13, 2023 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today announced registration is now open for the 20th annual CME Group University Trading Challenge, which will be held from Sunday, October 1 to Friday, October 27.
  • During the month-long competition, students will experience the energy, excitement, disappointments and daily challenges of a real-world trading environment on a simulated, professional trading platform provided by CQG .
  • More than 500 teams of nearly 2,000 students from 23 countries participated in last year's University Trading Challenge, with the winning team coming from Mexico's Universidad Anahuac UG.
  • CME Group is committed to educating the next generation of finance professionals on the significance of global derivatives markets and risk management.

Architect Financial Technologies Becomes Authorized Redistributor of CME Group Market Data

Retrieved on: 
Tuesday, September 12, 2023
CME Group, Cryptocurrency, Stock market index, Energy, Financial Technologies Group, PMS, Foreign exchange market, Interest, API, Architect, Agriculture, Metal

CHICAGO, Sept. 12, 2023 /PRNewswire/ -- Architect Financial Technologies, Inc. ("Architect" or "the Company"), an emerging leader in derivatives trading technology, today announced it has become a licensed redistributor of CME Group market data. The Company will now provide clients of its low-latency institutional trading platform access to live and historical data across the entire spectrum of CME Group futures and options products, including Equity Index, Agriculture, Metals, Foreign Exchange, Cryptocurrency, Interest Rates, and Energy markets.

Key Points: 
  • CHICAGO, Sept. 12, 2023 /PRNewswire/ -- Architect Financial Technologies, Inc. ("Architect" or "the Company"), an emerging leader in derivatives trading technology, today announced it has become a licensed redistributor of CME Group market data.
  • As an authorized redistributor, Architect will provide CME Group data through low-latency APIs or the Company's advanced visualization suite, bolstering clients' algorithmic and discretionary trading capabilities across a wide range of derivatives products.
  • Brett Harrison, Founder and CEO of Architect, commented, "Our company looks forward to offering CME Group's comprehensive, trusted, market-leading datasets.
  • As Architect continues to expand functionality across the entire derivatives trade life cycle, CME Group data will be vital to both our company's and our clients' operations."