CME Group | Jotup

CME Group Realigns Foreign Exchange Businesses, Expanding Trading Opportunities and Efficiencies for Clients Across Futures, Cash and OTC Markets

Retrieved on:

Wednesday, August 16, 2023

CHICAGO and LONDON, Aug. 16, 2023 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced a realignment of its FX futures, options, cash and over-the-counter (OTC) FX businesses into a single unit led by Paul Houston, who has overseen CME Group's futures and options business for seven years.

Key Points:

Jeff Ward, Global Head of EBS, will be leaving CME Group in September.
This new structure is the last step in that process and one that, we believe, will benefit our FX clients globally."
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.
The company offers futures and options on futures trading through the CME Globex ® platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform.

CME Group Foundation Awards 2023 Higher Education Scholarships to Rising Black and Latinx Students

Retrieved on:

Monday, August 14, 2023

Workforce, University, Education, CME Group, UIC, University of Illinois Chicago, Organization, Student, University of Illinois Urbana-Champaign, Nursing, Management

CHICAGO, Aug. 14, 2023 /PRNewswire/ -- CME Group Foundation today announced that 18 rising Black and Latinx students majoring in finance, technology and related fields at 11 partner colleges and universities in Illinois have each been awarded $20,000 in scholarships to further their education.

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CHICAGO, Aug. 14, 2023 /PRNewswire/ -- CME Group Foundation today announced that 18 rising Black and Latinx students majoring in finance, technology and related fields at 11 partner colleges and universities in Illinois have each been awarded $20,000 in scholarships to further their education.
With this addition, CME Group Foundation is currently providing scholarships to 33 college students for the 2023-24 academic year.
"CME Group Foundation is committed to providing financial assistance and career development opportunities for our students, who will no doubt serve as future leaders in the workforce," said Terry Duffy, CME Group Chairman and Chief Executive Officer and Vice Chairman of CME Group Foundation.
This year's new recipients of the CME Group Foundation Scholarship include:
Scholarship partner colleges and universities include:

Asana Appoints New Chief Revenue Officer, Ed McDonnell

Retrieved on:

Tuesday, August 8, 2023

Asana, a leading enterprise work management platform, is pleased to announce the hiring of Ed McDonnell to its leadership team.

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Asana, a leading enterprise work management platform, is pleased to announce the hiring of Ed McDonnell to its leadership team.
As Chief Revenue Officer, McDonnell will be responsible for all facets of global revenue and field operations.
View the full release here: https://www.businesswire.com/news/home/20230808089228/en/
Asana Appoints New Chief Revenue Officer, Ed McDonnell (Photo: Business Wire)
“We are thrilled to welcome Ed to our leadership team at Asana,” said Anne Raimondi, COO and Head of Business at Asana.
“I am incredibly excited about Asana’s mission to empower the world’s teams to work together effortlessly,” said Ed McDonnell.

Tyrrell Hatton Wins Close Race to Claim the 2022-2023 PGA TOUR Aon Risk Reward Challenge

Retrieved on:

Tuesday, August 8, 2023

2022 CME Group Tour Championship, CME Group, AON, 2014 LPGA Tour, LPGA, 2018–19 PGA Tour, Aon, Golf, Aon (company), Glossary, Ryder Cup, DP, Challenge, PGA, NYSE, Hunting, Management

MEMPHIS, Tenn., Aug. 8, 2023 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, and the PGA TOUR today announced Tyrrell Hatton as the winner of the 2022-2023 Aon Risk Reward Challenge. As a result of the season-long competition, Hatton will be awarded the Aon trophy and the $1 million prize for his ability to make better decisions on the most strategically challenging holes during the PGA TOUR season.

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MEMPHIS, Tenn., Aug. 8, 2023 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, and the PGA TOUR today announced Tyrrell Hatton as the winner of the 2022-2023 Aon Risk Reward Challenge.
For an Aon Risk Reward Challenge season that came down to the wire, Hatton was able to rely on his remarkable performance and sound decision making to claim this year's Aon Risk Reward Challenge trophy.
"This season, the competition came down to the final stretch, and we would like to congratulate Tyrrell Hatton on winning the Aon Risk Reward Challenge," said Andy Weitz, Chief Marketing Officer, Aon.
The Aon Risk Reward Challenge continues on the LPGA Tour, where the winner will claim an equal $1 million prize when the season concludes at the CME Group Tour Championship in November.

Amberdata Announces Authorized Redistribution of CME Group Crypto Market Data

Retrieved on:

Wednesday, August 2, 2023

Bitcoin, BBO, CME Group, ETH, WebSocket, Average cost, Volume, Mean reversion (finance), TWAP, VWAP, REST, Risk, BTC, AWS S3, Cryptocurrency

MIAMI, Aug. 2, 2023 /PRNewswire-PRWeb/ -- Amberdata, the leader in digital asset data and analytics for institutional customers, announces authorized redistribution of CME Group cryptocurrency futures and options market data.

Key Points:

Market leading digital asset data and analytics firm offers CME Group data via AWS S3, WebSocket, and REST
MIAMI, Aug. 2, 2023 /PRNewswire-PRWeb/ -- Amberdata , the leader in digital asset data and analytics for institutional customers, announces authorized redistribution of CME Group cryptocurrency futures and options market data.
As an authorized redistributor, Amberdata connects to CME Group directly, providing CME Group tick-level open interest, trades, and tickers across futures and options BTC and ETH instruments.
"Amberdata is excited to be an authorized redistribution partner for CME Group crypto market data," said Shawn Douglass, CEO of Amberdata.
"CME Group is happy to welcome Amberdata as an authorized redistributor for our cryptocurrency derivatives data," said Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products.

CME Group Reports Second-Highest July ADV on Record

Retrieved on:

Wednesday, August 2, 2023

Bitcoin, ADV, Stock market index, Energy, CME Group, Iron ore

Strongest July ADV in company history for interest rate, agricultural and options products

Key Points:

Strongest July ADV in company history for interest rate, agricultural and options products
CHICAGO, Aug. 2, 2023 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today reported its July 2023 market statistics, reaching an average daily volume (ADV) of 19.9 million contracts during the month, the second-highest July ADV in company history.
Market statistics are available in greater detail at https://cmegroupinc.gcs-web.com/monthly-volume .
July 2023 ADV across asset classes includes:
Additional July 2023 product highlights compared to July 2022 include:
Micro E-mini Equity Index futures and options ADV of 1.8 million contracts represented 33.6% of overall Equity Index ADV, Micro WTI Crude Oil futures accounted for 4.4% of overall Energy ADV, Micro Bitcoin futures accounted for 0.2% of overall Equity Index ADV and Micro Ether futures accounted for 0.1% of overall Equity Index ADV

CME Group and DTCC to Increase Cross-Margining Opportunities for the Treasury Markets

Retrieved on:

Tuesday, July 18, 2023

Depository Trust & Clearing Corporation, CME, CME Group, G30, SOFR, Repurchase agreement, United States Treasury security, Organization, Treasury, FICC, DTCC, United States Department of the Treasury, Security (finance)

FICC-cleared U.S. Treasury notes and bonds and Repo transactions that have a time to maturity greater than one year will also be eligible.

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FICC-cleared U.S. Treasury notes and bonds and Repo transactions that have a time to maturity greater than one year will also be eligible.
"Today's announcement builds on 20 years of our organizations working together to create efficiencies for Treasury market participants," said Suzanne Sprague, CME Group Global Head of Clearing and Post-Trade Services.
CME Group is extremely pleased to expand on our collaboration with DTCC to deliver greater opportunities for capital efficiencies for participants who trade across cash and futures markets."
To view the CME Group rule filing, click here .

McKay Brothers Distributes Cboe UK Cash Equities at LSE at Lowest Known Latency

Retrieved on:

Tuesday, July 18, 2023

McKay Brothers International SA (MBI) launched its newest lowest known latency market data service, distributing Cboe UK cash equities raw data at the London Stock Exchange via its wireless QRD service.

Key Points:

McKay Brothers International SA (MBI) launched its newest lowest known latency market data service, distributing Cboe UK cash equities raw data at the London Stock Exchange via its wireless QRD service.
Cboe UK equities data is sourced at Slough-LD4 and distributed at the LSE’s Telehouse North 2 data center.
The QRD service distributes the full Cboe UK CXE and BXE feeds in their native exchange format.
“We are thrilled to offer traders the fastest Cboe UK cash equities data at the LSE,” says MBI Managing Director Francois Tyc.

CME Group Reports Second-Highest June and Q2 ADV on Record

Retrieved on:

Wednesday, July 5, 2023

Bitcoin, ADV, Stock market index, Energy, CME Group, Metal, Cryptocurrency

Double-digit Q2 volume increases in options, agricultural and metals, as well as many individual products

Key Points:

Double-digit Q2 volume increases in options, agricultural and metals, as well as many individual products
CHICAGO, July 5, 2023 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today reported its June and Q2 2023 market statistics, reaching an average daily volume (ADV) of 23.3 million contracts in June, representing the company's second-highest June ADV on record.
Q2 ADV was 22.9 million contracts, the second-highest Q2 volume ever.
Market statistics are available in greater detail at https://cmegroupinc.gcs-web.com/monthly-volume .
June 2023 ADV across asset classes includes:
Additional June 2023 product highlights compared to June 2022 include:
Micro E-mini futures and options represented 31.1% of overall Equity Index ADV, Micro WTI Crude Oil futures accounted for 4.6% of overall Energy ADV, Micro Bitcoin futures accounted for 0.2% and Micro Ether futures accounted for 0.1% of overall Equity Index ADV
Q2 2023 highlights across asset classes compared to Q2 2022 include:
Interest Rate ADV of 11.3 million contracts, an increase of 6%
Options ADV of 4.7 million contracts, an increase of 20%
Energy ADV of 2.1 million contracts, an increase of 9%
Metals ADV of 612,000 contracts, an increase of 27%

CME Group to Launch Ether/Bitcoin Ratio Futures on July 31

Retrieved on:

Thursday, June 29, 2023

CHICAGO, June 29, 2023 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today announced plans to launch Ether/Bitcoin Ratio futures on July 31, pending regulatory review.

Key Points:

CHICAGO, June 29, 2023 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today announced plans to launch Ether/Bitcoin Ratio futures on July 31, pending regulatory review.
The Ether/Bitcoin Ratio futures will be cash-settled to the value of CME Group Ether futures final settlement price, divided by the corresponding CME Group Bitcoin futures final settlement price.
The new contract will follow the same listing cycle as CME Group Bitcoin futures and Ether futures contracts.
"The launch of CME Group Ether/Bitcoin Ratio futures further expands the marketplace for institutions and sophisticated investors who want digital asset exposure in a regulated environment," said Jason Urban, Global Head of Trading at Galaxy.